Posted 4 days ago
No clicks
**Municipal Bond Trader**: Fidelity seeks a Municipal Bond Trader for its Fixed Income Division. Key responsibilities include collecting market data, collaborating with PMs and traders for trade ideas, and negotiating trades. Leveraging technical skills to improve processes, staying current with evolving market structures, and supporting systematic strategies are also crucial. The role requires a bachelor's degree and fixed income experience, as well as a strong entrepreneurial spirit, teamwork skills, and clear communication. Join Fidelity's leading $2 trillion fixed income team in Merrimack, NH.
- Compensation
- Not specified USD
- City
- Boston
- Country
- United States
Currency: $ (USD)
Full Job Description
Job Description:
Note: Fidelity will not provide immigration sponsorship for this position.
The Role
Fidelity is looking to hire a Municipal Bond Trader to join its Fixed Income Division. The trader will join our municipal bond trading team. The position requires knowledge of fixed income investing and trading, analytical skills, an entrepreneurial approach to solving problems, a commitment to collaboration, and effective communication skills. This is an exciting opportunity to be part of a municipal bond trading team that touches multiple vehicles and strategies (Mutual Funds, ETFs, SMAs, Systematic) The role will require you to apply your market, technical and investment skills to evolve our trading practices and ensure efficient implementation of investment decisions.
The Value You Deliver
Collect, organize, and disseminate market and trading information to the investment team
Work closely with portfolio managers, analysts, and fellow traders construct relative value trade ideas
Maintain strong dealer relationships (sales, trading, and syndicate). Negotiate and execute trades on behalf of our portfolios, achieving best execution for clients
Leverage technical skills to find ways to scale the investment process and execution capabilities in the pursuit of contributing to alpha generation
Keep pace with the evolving market structure to refine our electronic trading approach, strategy, and tactics
Actively work alongside fellow traders, quantitative analysts, and developers in advancing our systematic trading strategies and mechanics
Liaise with Technology, Compliance, Legal, Operations and other internal Fidelity partners to mitigate operational risk and drive process efficiency
Help define the business requirements for enterprise technology applications to be used by the trading team
The Experience and Skills You Bring
Bachelors degree required, advanced degree a plus
Demonstrated experience in fixed income investing/trading
Entrepreneurial spirit and enthusiasm for solving complex problems
Ability to work in team environment and be an adaptable self-starter
Strong written and verbal communication skills
The Group
Fidelitys Fixed Income division is one of the leading managers of bond and money market instruments with over $2 trillion in fixed income assets. The Fixed Income team combines fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to develop investment decisions that stay true to each portfolios defined investment mandate, while aiming to maximize risk-adjusted total return for our clients. Our goal is to use our financial expertise to help people achieve their financial goals and live the lives they want. The Fixed Income division is headquartered / located primarily in Merrimack, New Hampshire, one hour north of Boston.
Fidelitys Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Certifications:
Category:
Investment ProfessionalsPlease be advised that Fidelitys business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
Apply
All fields are required. Candidates should limit the number of roles they apply to at any given time.
Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
Company overview
At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experience.
Reasonable accommodations
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Applicant screening
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
AI Guidelines
Learn about our guidelines for use of AI when applying for a Fidelity job
