Director, Fixed Income Municipal Bond Trading (Open To Location)

Responsibilities

• Set Trading Strategy for your asset class, aligning execution with market conditions, client objectives, and departmental revenue goals.
• Monitor Risk and Positions across the trading desk, ensuring adherence to policy limits and optimizing profitability.
• Lead and Develop Talent by mentoring junior traders, providing performance feedback, and fostering career growth opportunities.
• Collaborate with Internal Partners including Compliance, Risk Management, and senior leadership to ensure operational integrity and strategic alignment.
• Execute Trades in support of Institutional and Retail Sales representatives, maintaining precision and timeliness.
• Generate Revenue Ideas by delivering actionable trade recommendations and market insights to Sales teams.
• Maintain Broker Relationships with national and regional dealers to enhance liquidity and market access.
• Ensure Regulatory Compliance through timely reporting and adherence to all applicable regulations.
• Provide Product Expertise via formal training sessions and daily collaboration with Sales teams.
• Represent Fifth Third as a thought leader in fixed income markets through client engagement and industry forums.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• 12 years of experience in Banking, Investment Banking, M&A, or Capital Markets (strong Analyst performance required for internal promotion).
• Securities Industry Essentials (SIE), Series 7, and Series 63 licenses (or ability to obtain within company policy). Series 24 preferred.

Skills

• Professional proficiency, generally acquired through 10 years of relevant work or internship experience in finance, accounting, or a related field.
• Deep expertise in fixed income instruments, market dynamics, and trading strategies.
• Advanced proficiency in Bloomberg and trade processing systems.
• Strong risk management and regulatory compliance knowledge.
• Exceptional leadership and team development capabilities.
• Prowess in influencing senior stakeholders and driving strategic outcomes.
• Excellent communication and relationship-building skills with internal and external partners.

Benefits

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html.