Municipal Trading Specialist II: Data-Driven & Impactful

Edward Jones; St. Louis (MO); Hybrid; USD 90,000 - 150,000; Full time

Benefits offered by this job

Medical and prescription drug benefits

Dental and vision coverage

401k retirement plan

Paid holidays and vacation

Employee assistance program

Bonus and profit sharing

Job summary

Edward Jones, a Fortune 500 financial services firm, seeks a Trader II to join the Municipal Trading Department in St. Louis, MO. You will execute trades, optimize execution, and contribute to trading strategy and analytics.

You will collaborate with internal teams, manage inventory risk, and deliver client service excellence to financial advisors while advancing data-driven trading capabilities. This role offers hybrid work with in-office expectations near St. Louis and Tempe.

Qualifications

• 3+ years of financial services experience required; capital markets experience preferred.
• Experience with capital markets analytics, trading strategies, and risk management techniques.
• Proficiency with Bloomberg and electronic trading platforms.

Responsibilities

• Ensure inventories align with firm research and portfolio guidance, leveraging new issues, bid wanteds, secondary purchases, and external offerings to identify capital commitment opportunities and manage corresponding positions.
• Execute trades across municipal markets while optimizing execution across multiple channels (dealer, electronic, internal flows)
• Apply capital markets analytics, market data, and relative value analysis to inform trading decisions, identify opportunities, and improve execution outcomes
• Enhance systematic and electronic trading strategies and execution models, improving efficiency, consistency, and scalability of trading outcomes
• Leverage internal and external data sources to develop and expand desk analytics
• Utilize trading systems and analytical tools to support data-driven insights and workflow improvements, and identify opportunities to enhance trading processes
• Partner with internal teams to improve tools, advance analytics capabilities, and drive continuous process improvement across the desk
• Manage risk through disciplined evaluation of inventory exposure, liquidity conditions, and market dynamics
• Deliver client service excellence for all branch-related inquiries, providing market insights and supporting advisors with timely and accurate execution
• Provide training and guidance to other traders, contributing to the development of team capabilities in areas such as pricing, analytics, execution strategy, and inventory management
• Build and maintain strong internal and external relationships, including dealer networks, to enhance market access and execution outcomes

Skills

Capital markets analytics

Trading strategies

Risk management

Education

B.A./B.S. degree in business, economics, finance, or quantitative-related field

Tools

Bloomberg

Electronic trading platforms

Excel

Power BI

Tableau

SQL

Python

Job description

Edward Jones, a Fortune 500 financial services firm, seeks a Trader II to join the Municipal Trading Department in St. Louis, MO. You will execute trades, optimize execution, and contribute to trading strategy and analytics.

You will collaborate with internal teams, manage inventory risk, and deliver client service excellence to financial advisors while advancing data-driven trading capabilities. This role offers hybrid work with in-office expectations near St. Louis and Tempe.