Junior Trader – Fixed Income, Municipal Trading

Loop

New Jersey

JOB DETAILS
SKILLS
Algorithms, Analysis Skills, Asset Management, Bond Market, Brokerage, Business Development, Communication Skills, Computer Skills, Customer Relations, Customer Relationship Management (CRM), Customer Support/Service, Detail Oriented, Diversity, Documentation, Financial Analysis, Financial Mathematics, Financial Planning, Financial Services, Fixed Asset Management, Fixed Income Investments, International Sales, Interpersonal Skills, Inventory Management, Inventory Reports, Investment Services, Market Analysis, Market Research, Market Trend Analysis, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Negotiation Skills, Organizational Skills, People Management, Presentation/Verbal Skills, Problem Solving Skills, Public Finance, Purchasing/Procurement, Quantitative Analysis, Regulatory Compliance, Retirement Plan, Risk Management, Sales, Sales Management, Sales Strategy, Statistical Modeling, Statistics, Strategic Planning, Team Player, Time Management, Trading Systems, Trading/Stockbroking, Willing to Travel, Writing Skills
LOCATION
New Jersey
POSTED
1 day ago
Junior Trader Fixed Income, Municipal Trading
Location: Clark, New Jersey
Full/Part-Time: Full-Time
FLSA Status: Exempt
Equal Employment Opportunity Employer
Salary Range:   $60,000 - $80,000
 
Loop Capital is a full-service investment bank, brokerage, asset management and advisory firm that provides creative capital solutions for corporate, governmental, and institutional entities across the globe.  Loop Capital and its affiliates serve clients in fixed income asset management, corporate and public finance, financial advisory services, tax exempt and global equity sales, trading and research, analytical services and financial consulting services.  Loop Capital values diversity and inclusion, professional growth opportunities, purpose driven work and a collaborative and innovative culture.
Loop Capital offers a comprehensive benefits plan which includes medical, dental, vision, disability and life insurances; Paid Holidays; Paid vacation, sick and personal days; and retirement plan.
 
Position Summary:
The objective of this position is to be a Junior Trader on the Municipal Bond Desk working with other Traders, Salespeople and interacting with clients.
 
Go Here To Apply: https://www.loopcapital.com/careers/
 
Essential Duties and Responsibilities:
  • Manage daily trading; maintain and update inventory records of fixed income securities, retain documentation on trades and ensure timely execution of orders with confirmation of compliance and regulatory adherence.
  • Market analysis and valuation; continuously perform market research and analyze market conditions (price, issue, market trends, etc.).
  • Trading strategy; develop trading strategies utilizing records to identify and leverage opportunities in the development of innovative trading ideas and entry into new markets.
  • Client relationship management; develop and foster client relationships, constantly work with clients to learn and optimize their financial goals by identifying, presenting and purchasing the best fixed income products. Provides guidance on transactions and associated risks.
  • May assist with upgrading trading technology/programming needs.
 
Required Licenses and Registrations
 
Candidates must already have FINRA certification SIE, Series 7 and Series 63 to apply this role.
 
Qualifications:
  • Bachelor’s degree and 2-5 years of experience with fixed income municipal securities are required.
  • Solid knowledge of risk management principles, quantitative electronic trading, statistical analysis, and model optimization.
  • Strong computer skills with Microsoft Office (Excel, PowerPoint, Outlook, Word, etc.), electronic and algorithmic trading systems. Excellent communication skills (verbal, written, effective speaker and active listening)
  • Excellent communication skills (verbal, written, effective speaker and active listening)
  • Solid business development, sales and trading strategy acumen
  • Strong interpersonal, client service and relationship building skills
  • Ethical; having integrity
  • Solid knowledge of fixed income markets and various trading strategies
  • Strong financial, quantitative and qualitative skills
  • Solid knowledge of the trading process and electronic trading systems (e.g. Bloomberg, Tradeweb, MarketAxess, etc.)
  • Excellent decision making, negotiation, results and detailed oriented skills; ability to make real-time trading decisions weighing complex circumstances under considerable time pressure
  • Solid organizational and planning skills
  • Strong research, risk management and problem solving skills
  • Strong work ethic; ability to work independently with minimal supervision
  • Team player; capacity to collaborate with firm associates
  • Intermediate proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, etc.)
  • Ability to work and represent the firm with all levels of employees, industry associates, external organizations and clients, including C-Suite (executive presence)
  • Ability and willingness to travel

 

About the Company

L

Loop

The AutoLoop History

Building on the past, working for the future

From its very conception, AutoLoop was designed to enhance the connection between dealerships and their customers. Using innovative technologies, we set out to build a marketing/communication platform that could maximize retention rates and ultimately boost dealer profits.

It took years of development, practical applications and extensive field testing, but our unique concept of fully integrated programming has won us fans and accolades, and we have stood by our commitment to deliver a single-source advanced marketing platform.

Today, we serve over 2000 dealers, plus large groups and manufacturers with our staff of nearly 200 professionals focused on providing them great service. We analyze millions of data files every day, seeking newer and better ways to target customers and influence their automotive decisions. We’ve adopted an industry-changing axiom of “Retention through Engagement”—and our dealers are benefitting.

At AutoLoop, we will always be “under construction.” We’re committed to learning from experience, constantly exploring new ways to enhance customer engagement and retention. Our future success will parallel the success of our dealers as we seek a great return on investment for all.

COMPANY SIZE
100 to 499 employees
INDUSTRY
Computer Software
FOUNDED
2007
WEBSITE
http://www.autoloop.net/