Municipal SMA Trader

About the role

Responsible, under appropriate direction, for executing purchase and sales of tax-exempt fixed income securities as authorized by portfolio managers, senior traders, and or Head of Trading; primary focus being municipal bonds.

Responsibilities

• Execute orders flowing from the SMA business with specific emphasis on short and intermediate term maturities in both the Primary & Secondary markets.
• Assist Portfolio Managers in the daily surveillance of SMA & Institutional Fixed Income Accounts, appropriately communicating key relative value to account guidelines and parameters.
• Execute cash trades for SMA, Mutual Funds & Institutional accounts.
• Interact as a seamless interface between the trading team and various internal & external firm constituencies.

Qualifications

• Prefer 1 -2 years trading experience in Municipal bonds but not a necessity.
• Self-motivated team player with strong verbal communication skills.
• Strong analytical and computer skills.
• Rigorous attention to detail and good time management skills.
• Comfortable working on a trading desk in a high paced environment.

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Pay and benefits

The estimated base salary for this role is $115,000- $135,000 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

• Full-Time/Part-Time
• Full time
• Exempt/Non-Exempt
• Exempt
• Job Family Group
• Investment Management
• Line of Business
• AMINV US Asset Management

Columbia Threadneedle is a people business, and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to fostering an inclusive and performance-based culture where everyone can belong, grow, contribute and realise their potential.