What are the responsibilities and job description for the Taxable Municipal Trader position at Mesirow?
The Opportunity:
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, Mesirow serves clients through capabilities spanning Global Investment Management, Capital Markets and Investment Banking, and Advisory Services. We are proud that our intentional culture results in strong employee engagement, entrepreneurship and empowerment, with ongoing opportunities for volunteerism and advancement. Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top 100 RIA firms by Barron’s. At Mesirow, we invest in what matters: our clients, our communities, and our culture.
Our Institutional Sales and Trading group is comprised of over 150 dedicated traders, salespeople and analysts highly specialized in a variety of sectors of the fixed income market. We provide institutional investors with enhanced market coverage through national sales and trading locations in Chicago, New York, Boston, Los Angeles, San Francisco, Miami, Boca Raton and Charlotte. Recognized nationally as one of the nations’ most established and experienced participants in the fixed income markets with annual secondary trading volume of more than $35 billion and average daily trading positions of approximately $600 million.
We are actively recruiting for an experienced trader for its taxable municipal effort with a proven track record of success combined with well-established industry relationships. We are looking for someone that is ambitious and enthusiastic about implementing new trading ideas, concepts combined with a demonstrated ability to operate within established trading risk parameters. Additional requirements include;
- Location: New York, Chicago or Nashville
- Bachelor’s Degree in Finance, Economics, Mathematics, Computer Science, or a related field
- Customer relationships are a must
- A demonstrated track record of successful trading combined with established relationships
- Series licensed (7 & 63)
- Extensive sell-side trading experience and demonstrated record of success
- A strong commitment to performance, self - motivation and business success
- The ability to work to strict deadlines under pressure and multi task across analytical, administrative, and research activities in a detail oriented and timely manner
- Excellent analytical skills and the ability to effectively communicate
- Willingness to learn and apply from direct developmental feedback
- Excellent interpersonal and communication skills with peers, management, and clients
In accordance with the Illinois and New York Pay Transparency Law, the anticipated hiring base salary for the role will be between $100,000 and $175,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which also provides the opportunity for a percent of the trading P&L and the Mesirow benefit program.
EOE
Salary : $100,000 - $175,000
