Northern Trust

2 months ago

Municipal Bond Trader

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 5 hours agoStatus: Live

Job Summary

Execute municipal bond transactions for a senior portfolio manager in the municipal bond team. Provide investment recommendations on securities prices, trade across multiple venues, and support portfolio strategies within the Fixed Income policy to optimize client outcomes and fiduciary accounts.

Location: Chicago

Workplace: Onsite

Employment Type: Full time

Job Function: Government & Public Administration

Key Responsibilities

•Execute fixed income bond transactions in line with portfolio managers’ instructions and guidelines.
•Ensure fair and equitable treatment of all trade orders and maintain orderly execution of bond trades.
•Monitor market factors that affect bond prices and keep portfolio managers informed of relevant information.
•Maintain daily broker contact to conduct bond trading and evaluate broker effectiveness and service.
•Provide consultation on portfolio strategies and asset allocation aligned with client objectives and regulatory requirements.

Pay and Benefits

Salary: USD 116,100 - 197,300 annually

Equity and Bonus:Equity

Perks:401kPensionHealth InsuranceDentalVisionParental LeaveLife InsuranceDisabilityEquity

Key Requirements

•4-6 years of relevant fixed income/bond trading experience
•Significant knowledge of trading, investment vehicles, portfolio management, and credit research
•Ability to execute fixed income bond transactions and adhere to portfolio manager guidelines
•Understanding of factors impacting bond prices (market environment, supply/demand, technical factors, fundamentals)
•Ability to communicate with portfolio managers and brokers and provide timely information

Experience:4-6 yearsFinanceTradingFixed incomeBond marketPortfolio management

Company Brief

Northern Trust

Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn

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Northern Trust

2 months ago

Municipal Bond Trader

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 5 hours agoStatus: Live

Job Summary

Location: Chicago

Workplace: Onsite

Employment Type: Full time

Job Function: Government & Public Administration

Key Responsibilities

•Execute fixed income bond transactions in line with portfolio managers’ instructions and guidelines.
•Ensure fair and equitable treatment of all trade orders and maintain orderly execution of bond trades.
•Monitor market factors that affect bond prices and keep portfolio managers informed of relevant information.
•Maintain daily broker contact to conduct bond trading and evaluate broker effectiveness and service.
•Provide consultation on portfolio strategies and asset allocation aligned with client objectives and regulatory requirements.

Pay and Benefits

Salary: USD 116,100 - 197,300 annually

Equity and Bonus:Equity

Perks:401kPensionHealth InsuranceDentalVisionParental LeaveLife InsuranceDisabilityEquity

Key Requirements

•4-6 years of relevant fixed income/bond trading experience
•Significant knowledge of trading, investment vehicles, portfolio management, and credit research
•Ability to execute fixed income bond transactions and adhere to portfolio manager guidelines
•Understanding of factors impacting bond prices (market environment, supply/demand, technical factors, fundamentals)
•Ability to communicate with portfolio managers and brokers and provide timely information

Experience:4-6 yearsFinanceTradingFixed incomeBond marketPortfolio management

Company Brief

Northern Trust

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn