Sr Port Mgr/Sr Trader

• JOB OPENING #:

POSITION TITLE: Sr. PM / Sr. Trader

DEPARTMENT: Investment Management - Fixed Income

• POSITION SPECIFICATIONS:
• Bachelor's degree required; accounting, finance and/or business-related field preferred
• Minimum 5 years investment experience in municipal sales, trading, or portfolio management
• Working knowledge of municipal markets and deep understanding of municipal bond portfolio management/trading including but not limited to market nuances, supply/demand dynamics, credit spreads and credit quality, relative value trading, taxation, etc.
• Familiarity with various municipal trading systems and applications

MAJOR DUTIES:

• Source investment ideas in primary and secondary markets and buy/sell securities in client accounts
• Analyze portfolio characteristics and assess the viability and impact of proposed allocation changes
• Monitor current holdings for relative attractiveness and provide continuous feedback and investment ideas
• Provide ideas related to portfolio structure, holdings and risk profile
• Perform account level reviews to identify potential tax loss harvesting opportunities and/or yield enhancement opportunities
• Allocate bonds to client accounts
• Work with operations staff to execute a cash management program
• Execute bid-wanted lists for client liquidity needs
• Understand and convey macro considerations in defining relative performance
• Potentially support the marketing process by assisting in writing market commentaries and portfolio updates
• Investigate and resolve transaction settlement problems, as necessary

HOURS/LOCATION:

• 8:00 a.m. to 5:00 p.m. (Overtime as required)
• Chicago, IL (Hybrid)

EXPLANATORY COMMENTS:

• Demonstrated ability to make decisions and respond quickly and accurately to directions
• Solid work ethic
• Demonstrated ability to multitask with limited direction and supervision
• Ability to work well independently and as a member of a team
• Travel is required

The annual base salary range for this position is $135,000 - $195,000. In determining salary multiple factors will be taken into consideration such as primary work location, experience, education and skill set. In addition to base salary, this position includes eligibility for a bonus.

If you meet all of the position specifications and would like to apply for the above position, complete the Career Opportunity Application which is available from the Human Resources Receptionist (19th Floor Federated Investors Tower) or at each Career Opportunity Bulletin Board. Return it to the Human Resources Receptionist by 5:00 p.m. on the expiration date.

• COMMENCEMENT DATE: 11/10/2026

Federated Hermes is committed to providing equal employment opportunities in all aspects of employment to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex, pregnancy, sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any local, state or federal law applicable to Federated Hermes. As part of the firm's equal employment opportunity statement, Federated Hermes will also comply with applicable government contractor obligations, including ensuring veterans and qualified people with disabilities are considered for employment and promotional opportunities consistent with current federal, state and local laws and regulations. Federated Hermes will also make reasonable accommodations for the religious practices or beliefs of applicants and employees, as well as for mental health or physical disability needs.

To review Federated Hermes' California Privacy Notice go to https://www.federatedinvestors.com/corporate/careers.do and select CA Applicant Notice.