What are the responsibilities and job description for the Institutional Fixed Income Sales Manager position at Multi-Bank Securities, Inc.?
Multi-Bank Securities, Inc. (MBS), a Service-Disabled Veteran-Owned Business (SDVOB) serving institutional investors since 1988, and operates in 9 locations across the U.S. We are in search of highly motivated fixed-income sales manager with ten (10) years of experience with an established book of business that specializes in sales, trading and underwriting of institutional, fixed-income securities. The core investments offered include U.S. Treasuries, agencies, mortgage-backed securities, corporate bonds, municipal bonds, CDs and commercial paper. In accordance with our commitment to hire veterans, we strongly encourage veterans to apply for this opportunity.
Products supported include:
Agencies
Approved diversity group underwriter with FHLMC, FNMA, FFCB and FHLB.
Approved underwriter with FAMCA.
Active in both new issue and secondary bullet and callable agencies across the curve
Co-manager on multiple global issues each year.
Access to Discount Notes at the window and via auctions.
Certificates of Deposit
New Issue (Underwrite for over 200 banks annually)
Secondary
New Issue (Underwrite for over 200 banks annually)
Secondary
Corporates
Primary – Co-Manager in New Issue deals (Diversity Status)
Secondary
Structured products
Mortgages – TBAs, Specified Pools, CMBS (New Issue and Secondary), CMOs and Derivatives.
Municipals
New Issue and secondary
Job Requirements:
The ideal candidate possesses:
Ten (10) years of experience in sales management, preferably in the institutional fixed-income industry accompanied with a documented book of business focused on institutional fixed-income.
Strong understanding of fixed-income capital markets coupled with the ability to effectively communicate with customers.
Ability to lead, mentor, and motivate a team. Adept in hiring, training and retaining top talent.
Must have a Bachelor’s Degree in Business or Finance Administration, or a related field. MBA is a plus.
Series 7 & 63 licenses (required), a 24 license would be beneficial. (A clean FINRA record.)
Travel Required.
• Proven ability to open and maintain client accounts and manage relationships.
Job Benefits:
MBS offers competitive commission grids.
Benefits including health, prescription, dental, and vision insurance. 401(k) plan.
Support by a seasoned and respected management group and state-of-the-art technology.
Culture that fosters independence and autonomy.
MBS is registered with the SEC, MSRB, and is a member of FINRA and SIPC.