SWBC is seeking a trader to manage and grow customer accounts within its investment services division, focusing on taxable fixed income products and maintaining a significant inventory.
Requirements
- Minimum of one (1) year of experience in fixed income trading, preferably with a focus on taxable products.
- Securities License Series 7 and 63 (or ability to obtain within one year of hire).
- Strong knowledge of fixed income markets, trading resolutions, and compliance policies.
- Excellent analytical, problem-solving, and organizational skills.
- Proficiency in using trading platforms such as Bloomberg and various electronic trading systems.
- Strong communication skills, both written and verbal.
- Self-motivated with a disciplined approach to work and attention to detail.
Responsibilities
- Executes buy and sell orders for taxable fixed income products, including Agencies, CDs, Government securities, and MBS.
- Develops and maintains strong relationships with Banks, Corporations, Institutional Accounts, and SMA clients.
- Provides multiple bids and offers processing for financial advisors, financial consultants, and financial institutions.
- Monitors and manages a significant inventory of $100 million or more, ensuring optimal liquidity and profitability.
- Creates offering sheets for financial advisors and clients as requested.
- Maintains trade blotters and recordkeeping documents to validate pricing and ensure compliance with company policies and procedures.
- Researches and resolves trade execution issues, facilitating communication as needed.
Other
- Ability to work independently and as part of a team in a fast-paced environment.
- Ability to sit for long periods while analyzing financial products and executing trades.
- Ability to stoop, kneel, and lift 10-20 lbs. of files or other documents as needed.
- SWBC is a Substance-Free Workplace and requires pre-employment drug testing.
- Please note, SWBC does not hire tobacco users as allowed by law.
