About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Position Summary:
Executes municipal bond transactions for senior portfolio manager in the municipal bond team. Provides recommendations to partners on investment opportunities regarding securities prices. Conducts bond trading across several execution venues, including brokers.
Duties and Responsibilities:
1.Executes fixed income bond transactions in accordance with portfolio managers instructions and guidelines.
2. Ensures fair and equitable treatment of all trade orders.
3. Maintains an understanding of relevant factors that impact the price of bonds such as market environment, supply/demand, technical factors, and economic fundamentals.
4. Apprises portfolio managers and other appropriate persons of relevant information affecting securities prices.
5. Maintains daily broker contact to conduct bond trading. Responsible for evaluating their effectiveness and service to meet the needs of the trading operations.
6. Serves as a resource to Portfolio Managers for information pertaining to the bond market, and specific securities.
7. Maintains orderly receipt, tracking, and execution of bond orders. Oversees the settlement of trades, communicating with subsidiary offices and following through on discrepancies with operations and brokers.
8. Provides consultation on portfolio strategies and structure in accordance with the clients investment objectives, market conditions, and current Fixed Income Policy as requested.
9. Maintains an understanding of investment vehicles, their individual characteristics and regulatory requirements, yields, and prices. Keeps abreast of current and pending laws and regulations that affect investments.
10. Provides portfolio analysis as requested by portfolio managers for current and prospective clients.
11. Manages less active bond portfolio assets for fiduciary and agency accounts in partnership with the primary relationship and portfolio manager.
Experience:
4 - 6 yrs of relevant experience
Competencies/Skills:
• Significant Knowledge of trading, investment vehicles, portfolio management, and credit research, acquired through formal education and work experience, to execute orders, manage portfolios profitability, and understand credits.
Salary Range:
$116,100 - 197,300 USD
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at .
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Municipal Bond Trader • Chicago, IL
NOW Accepting Applications for Prop Trading Professionals.Considering an exciting new career as a professional trader?.T3 Trading Group, LLC is a Registered SEC Broker-Dealer & Member of FINRA /SIP... Mostrar más
Quantitative Trader - High Frequency FuturesDepartment: TradingEmployment Type: Full TimeLocation: Chicago, ILDescriptionWe are looking for highly skilled and experienced individuals to join a rese... Mostrar más
Tidal is seeking a highly skilled Trading Associate to support the cash and collateral management of multiple ETF portfolios.The ETF Portfolio Management team delivers portfolio management and exec... Mostrar más
International Trade Relations Position.The Government of Israel Economic Mission seeks an intelligent and enthusiastic candidate to grow business and trade relations between Israel and the Midwest.... Mostrar más
Bank Trade & Working Capital Portfolio Manager.Bank, we're on a journey to do our best.Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the ... Mostrar más
Optiver is looking for an Institutional Trader to join our Trading Team.As one of the key faces of our organization, you will translate market intricacies into strategic trades, driving profitabili... Mostrar más
Treasurer Job Duties: Analyzes and recommends optimal capital structure alternatives ... Mostrar más
Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around t... Mostrar más
Analyst Position at Performance Trust Capital Partners.Headquartered in Chicago, Performance Trust Capital Partners, LLC is an investment bank that combines Wall Street scale with the agility of an... Mostrar más
CTC is a cutting-edge proprietary trading firm with a long-term vision and a clear focus on helping the world price and manage risk.Our fun and trusting culture inspires us to solve the industry's ... Mostrar más
Our employees are our greatest asset.We have spent years building a team of talented, dedicated technologists, data-driven traders, and expert leaders with an emphasis on our core pillars: People, ... Mostrar más
Our purpose is to bring together people, energy and markets to power and navigate a changing world.In a time of constant change and possibility we need new talent to pursue commercial opportunities... Mostrar más
Remote Forex & Crypto Trading Opportunity Chicago, ILWe profit only when you profit -- transparent funding and real support.Before you continue, please watch this short recruiting video.It expl... Mostrar más
Department Overview:The E TRADE Premium and Specialty Client Solutions ('ETPS') organization aims to deliver an industry leading client experience to E TRADE's most valued clients, while connecting... Mostrar más
Summary Whether traveling for business or pleasure, Hyatt Regency McCormick Place has everything you'll need under one hotel roof with over 1258 guest rooms, 53 suites and 13,000 sq.In addition, ou... Mostrar más
Business Analyst Brokerage Trading System.We are looking for an experienced Business Analyst with strong experience in Brokerage Trading Systems, Order Management Systems (OMS), and Azure cloud pl... Mostrar más
Edgehog Trading is a proprietary trading firm specializing in electronic options market making.We take a technology-driven approach, designing and operating automated, scalable systems to provide l... Mostrar más
Group One is looking for individuals who are interested in a career in proprietary trading.Analyst hires will participate in our intensive training program built on decades of industry expertise in... Mostrar más
Trading Portfolio Operations Analyst, Chicago, IL.We are seeking a motivated team player with technical aptitude and market awareness to support the operation of an automated trading system in Chic... Mostrar más
Experienced Trader, Chicago, ILRapidly growing proprietary trading firm with offices in Chicago, London, & New York City is seeking an Experienced Trader to join a highly experienced US Equitie... Mostrar más
