Securities Trader II

About the role

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. The Securities Trader role is responsible for all aspects of trading in Old National Wealth Management investment portfolios. There are multiple trading positions divided between Stocks/Equity, Municipal Bonds, and Government and Corporate securities. All traders work closely with Portfolio Managers, Wealth Advisors, and certain customers by providing guidance and expertise within the Fixed Income and Equity markets.

Responsibilities

• Provide accurate and efficient execution of trades.
• Evaluate fixed income securities and their suitability for individual portfolios, leveraging trading relationships to assist Portfolio Managers and Wealth Advisors in managing the firm’s assets.
• Support Portfolio Managers and Wealth Advisors by assisting with planning changes to client portfolios based on current needs and/or market conditions.
• Develop a broad understanding of the trading function with a solid awareness of the types of trades within each security type and the ability to understand financial data.
• Maintain proficient knowledge of the technology utilized for trading and account management.
• Participate as a contributing member of the fixed income research and strategy team.
• Manage accounts that require singular security types while maintaining an understanding of the account strategy.
• Demonstrate critical thinking and problem-solving skills along with the ability to multi-task.
• Respond intuitively to resolving trading issues and settlement problems by using skills obtained through experience.

Requirements

• Bachelor’s Degree in Finance or related field.
• 1 to 3 years of related securities or fixed income trading experience (Job level will depend on experience level: Security Trader I requires less than 1 year experience; Security Trader II requires 1-3 years of related experience).
• Proficiency with Bloomberg is required.
• Proficiency with Excel is required.
• Strong organization skills with a proficiency for attention to detail.

Pay

The salary range for this position is $62,300 - $122,400 per year plus bonus. The base salary indicated reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on factors including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Benefits

• Medical, dental, and vision insurance.
• 401K retirement plan.
• Continuing education opportunities.
• Employee assistance program.
• Impact Network Groups led by team members passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.