Associate Trader II - Taxable Fixed-Income Trading
The Taxable Trading Department within Edward Jones is primarily responsible for providing our Financial Advisors with a broad supply of highly diversified and fairly priced 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.
About the role
As an Associate Trader II in the Taxable Trading Department, expectations are that you have a passion for capital markets, excellent risk management skills, and be able to learn to make capital commitments with minimal oversight. Additionally, attention to detail is a must as your decisions can negatively impact on our clients, while exposing the firm to significant regulatory, financial, and reputational risk.
Responsibilities
- Execute retail client liquidations with limited guidance and effectively manage corresponding inventory positions with limited retail-structured capital commitments
- Demonstrated understanding of market analytics, including economic, credit specific, political, etc. impacts
- Deliver client service excellence by researching and resolving general and non-routine branch inquiries
- Ensure best execution and understand all firm and industry regulatory requirements
- Establish an in-depth understanding of internal and external trading systems and related tools
- Complete projects to support the trading desk's business plan, including assisting with operational excellence initiatives
Requirements
- B.A./B.S. degree in business, economics, finance, or quantitative related field
- Series 7 and 66 required or obtained within 6 months of hire
- 9+ months of financial service experience required, capital markets preferred
- Basic knowledge of capital markets analytics, trading strategies, and risk management techniques
- Basic knowledge of internal and external trading systems and related tools, including, but not limited to, Bloomberg, DSTS, and 3rd party electronic trading platforms
Qualifications
- Series 7 and 66
- RTO Statement
Candidates who live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week.
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. 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.