Trader II
This job posting is anticipated to remain open for 30 days, from 18-Aug-2026. The posting may close early due to the volume of applicants.
About the Firm
Edward Jones is a Fortune 500 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.
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. These bonds help fulfill the unique needs of our clients. Our goal is to identify and analyze opportunities in the marketplace while consistently achieving best execution and evolving our trading capabilities to improve outcomes.
Responsibilities
- Ensure inventories align with firm research and portfolio guidance, leveraging new issues, bid wanteds, secondary purchases, and external offerings to identify capital commitment opportunities and manage corresponding positions
- Execute trades across municipal markets while optimizing execution across multiple channels (dealer, electronic, internal flows)
- Apply capital markets analytics, market data, and relative value analysis to inform trading decisions, identify opportunities, and improve execution outcomes
- Enhance systematic and electronic trading strategies and execution models, improving efficiency, consistency, and scalability of trading outcomes
- Leverage internal and external data sources to develop and expand desk analytics
- Utilize trading systems and analytical tools to support data-driven insights and workflow improvements, and identify opportunities to enhance trading processes
- Partner with internal teams to improve tools, advance analytics capabilities, and drive continuous process improvement across the desk
- Manage risk through disciplined evaluation of inventory exposure, liquidity conditions, and market dynamics
- Deliver client service excellence for all branch-related inquiries, providing market insights and supporting advisors with timely and accurate execution
- Provide training and guidance to other traders, contributing to the development of team capabilities in areas such as pricing, analytics, execution strategy, and inventory management
- Build and maintain strong internal and external relationships, including dealer networks, to enhance market access and execution outcomes
Requirements
- B.A./B.S. degree in business, economics, finance, or quantitative-related field
- 3+ years of financial services experience required; capital markets experience preferred
- Demonstrated expertise in capital markets analytics, trading strategies, and risk management techniques
- Strong ability to analyze and interpret market data, including yield curves, credit dynamics, and relative value opportunities
- Experience applying data-driven insights to trading decisions and execution outcomes
- Proficiency with internal and external trading systems and tools, including Bloomberg and electronic trading platforms
- SIE, Series 7, 52, and 66 required (or obtained within 6 months depending on licensing windows)
Preferred Qualifications
- Experience enhancing or working with electronic trading platforms, execution models, or systematic trading workflows
- Proficiency with data and analytics tools such as:
- Excel (advanced)
- Power BI / Tableau
- SQL, Python, or other programming languages
- Experience working with large datasets, trade analytics, or execution performance analysis (e.g., pricing, hit rates, transaction cost analysis)
- Familiarity with pricing models, valuation frameworks, and risk analytics
- Demonstrated ability to identify and implement process improvements or automation opportunities within a trading environment
- Advanced degree or certifications (MBA, CFA, CFP, CPA or progress toward)
Schedule
Candidates that 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.
Benefits
- Medical and prescription drug coverage
- Dental and vision coverage
- Voluntary benefits (such as accident, hospital indemnity, and critical illness)
- Short- and long-term disability, basic life, and basic AD&D coverage (provided at no cost to associates)
- 401k retirement plan
- Tax-advantaged accounts: health savings account and flexible spending account
- Ten paid holidays
- 15 days of vacation for new associates beginning on January 1 of each year
- Sick time, personal days, and a paid day for volunteerism
- Eligibility for bonuses and profit sharing
- Employee Assistance Program