Tax-Exempt Fixed Income Trader — Municipal Bond Specialist

Silvercrest Asset Management Group; New York (NY); On-site; USD 100,000 - 130,000; Full time

Job summary

Silvercrest Asset Management Group is seeking a Tax-Exempt Fixed Income Trader to support the MD/PM in managing investment-grade municipal bond portfolios with short to intermediate durations. You will participate in trading, credit research, portfolio monitoring, and client reporting for high-net-worth clients.

The ideal candidate has 3–6 years of tax-exempt fixed income experience, strong Bloomberg/Excel skills, and a track record in municipal credit analysis.

Qualifications

• 3–6 years of experience in tax-exempt fixed income.
• Experience supporting the management of tax-exempt, investment-grade bond portfolios.
• Working knowledge of municipal credit analysis and bond math.
• Proficiency in Bloomberg, Excel, and portfolio management or trading systems.
• Bachelor’s degree required; progress toward the CFA designation preferred.
• Experience working with high-net-worth client portfolios preferred.
• Strong communication and organizational skills, with the ability to manage multiple priorities.

Responsibilities

• Support the MD/PM in managing tax-exempt, investment-grade bond portfolios across short to intermediate durations.
• Screen new issue and secondary market offerings and help identify relative value opportunities.
• Place and allocate trades, and coordinate with operations to ensure accurate settlement.
• Conduct credit research and ongoing monitoring of municipal issuers and sectors.
• Assist with portfolio construction and rebalancing in line with client objectives, risk tolerance, and income needs.
• Monitor portfolio positioning, cash flows, maturities, and adherence to client guidelines.
• Track market conditions, interest rate trends, and economic developments, and help prepare market commentary.
• Prepare portfolio reviews, reports, and materials for client meetings.

Skills

Credit analysis

Fixed income markets

Client communication

Attention to detail

Education

Bachelor's degree

Tools

Bloomberg

Excel

Portfolio management systems

Trading systems

Job description

Silvercrest Asset Management Group is seeking a Tax-Exempt Fixed Income Trader to support the MD/PM in managing investment-grade municipal bond portfolios with short to intermediate durations. You will participate in trading, credit research, portfolio monitoring, and client reporting for high-net-worth clients.

The ideal candidate has 3–6 years of tax-exempt fixed income experience, strong Bloomberg/Excel skills, and a track record in municipal credit analysis.