Trader III- Municipal Trading

Your passion. Our purpose. This could be powerful.

Maybe the markets keep you up at night. Trusts are your forte. Or your idea of a perfect day at the office is a deep dive into equity research. Whatever your passion, at Edward Jones it will have purpose. Your work is meaningful - because it has a singular focus : client relationships. What you do every day helps people achieve and protect their financial goals. Impacting lives for the better. And with our remarkable work-life flexibility, one of the lives it could enhance is yours.

Job Overview

Position Schedule : Full-Time

This job posting is anticipated to remain open for 30 days, from 01-Oct-2025. The posting may close early due to the volume of applicants.

Team Overview :

The Municipal Trading Department within Edward Jones is primarily responsible for providing our Financial Advisors with a broad supply of highly diversified and fairly priced municipal bonds that are used to fulfill the unique needs of every one of our more than 8 million clients. Our goal is to identify and analyze opportunities in the marketplace while always seeking to provide the best execution possible on every trade we handle.

As a Trader III in the Municipal Trading Department, expectations are that you would have a passion for capital markets, excellent risk management skills, and be able to make capital commitments with minimal oversight. Additionally, an attention to detail is a must as your decisions can negatively impact our clients, while exposing the firm to significant regulatory, financial, and reputational risk.

What You Will Do :

• Timely and accurately manage the firm's client retail order flow with municipal bonds in both principal and agency capacities up to specified order and aggregate limits (large levels)
• Manage municipal bond flows across multiple account types, including Brokerage, Investment Advisory, Trust, and UMA - assisting with the ongoing expansion of these programs and their impact on the product line
• Expert ability to manage firm trading capital for both individual security transactions and at the portfolio level up to large limits
• Enhance the suite of municipal bonds that are available for purchase, either from firm inventory or the market more broadly, in accordance to firm guidance
• Expert ability to identify and source liquidity for municipal bonds across a spectrum of liquidity profiles and market conditions
• Expert ability to deploy risk management techniques in all 3 facets of the role consistent with the scope of responsibility, including trading, systems, and regulatory risks
• Expert ability to evaluate and analyze data by applying insights to trading related decisions through coding / reporting tools
• Expert ability to perform all daily trading-related responsibilities, including pricing evaluation, relative value, key ratios, and more
• Expert demonstration of market structure, capital markets analytics, economic variables, and trading strategies
• Expert ability to understand, evaluate and appropriately respond to changing market conditions and industry trends
• Enhance and anticipate best execution (for example, fixed income E / Q equivalent) as well as other firm and industry regulatory requirements
• Expert application of internal and external trading systems and related tools, including testing, troubleshooting, and development where appropriate
• Initiate and own client service excellence enhancements in alignment with human-centered complete wealth management
• Initiate and own operational excellence initiatives to scale the quantity and quality of individual security workflows
• Enhance the depth & breadth of external networks across dealers and vendors that help source supply, manage liquidity, generate market insights, and more
• Enhance the depth and breadth of internal networks across key stakeholders to support trading floor initiatives and align with broader firm efforts
• Develop and coach other traders, including product, service, systems, and regulatory aspects of the role, at the department level

Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts : health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page .

Hiring Minimum : $99200

Hiring Maximum : $168900

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Skills / Requirements

What Experience You Need :

What Could Set You Apart :

Current INTERNAL home-based associates : While this role is posted as hybrid, if selected and accepted, you may retain your home-based status . Edward Jones intends in good faith to continue offering the role as home-based, though future business or regulatory needs may require on-site work.

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Awards & Accolades

At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.

Check out our U.S. awards and accolades : Insights & Information Blog Postings about Edward Jones

Check out our Canadian awards and accolades : Insights & Information Blog Postings about Edward Jones

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About Us

Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we're proud to be privately-owned, placing the focus on our clients rather than shareholder returns.

Behind everything we do is our purpose : We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.

People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.

View our Purpose, Inclusion and Citizenship Report .

¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.

Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.

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