# Municipal Bond Trader

**Company**: RBC Wealth Management
**Location**: Dallas, Texas
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://rbc.wd3.myworkdayjobs.com/en-US/RBCGLOBAL1/job/Dallas-Texas-United-States-of-America/Senior-Trader--FI-Municipals_R-0000186412?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_30022bb6-c77

## Description

As a Municipal Bond Trader for RBC Wealth Management, you will be responsible for trading municipal bonds within assigned limits and generating sales commissions and trading revenue.

You will be responsible for marketing municipal bonds to the retail branch network by disseminating product and market information, and by following up on the merchandising of available securities.

Trader will educate the sales force through electronic and telephonic communication, as well as branch office visits, and provide training to Financial Advisors on the products and sales ideas.

Trader will provide fixed income services to Financial Advisors with a focus on prioritizing our clients' best interests.

Additionally, this role includes new issue oversight, ensuring Financial Advisors follow regulatory requirements and tickets execute correctly.

**Responsibilities**

- Trading and Execution: Responsible for bidding and purchasing municipal securities for inventory positions, creating sales credit, and trading revenues, and managing associated risk of those positions.

- Idea Generation: Develop and distribute ideas on current market conditions and communicate them in a creative and timely fashion to the FAs.

- Collaboration: Work closely with various trading desks and traders to obtain market insight, develop trade ideas and cross-product opportunities.

- New Issue Process and Regulatory: Remain aware of changing compliance standards.

**Requirements**

- Bachelor's degree in Economics, Finance, Business, Mathematics, or a related field or equivalent work experience

- Minimum 5+ years of experience working on a fixed-income trading desk or marketing products and ideas to financial advisors

- Demonstrated knowledge of fixed income markets, economics, marketing strategies, and other fixed income instruments

- Series 7, 52, & 63 licenses

- Excellent marketing and communication skills

**Nice-to-have**

- Proficient with Bloomberg and other investment software packages

- Proficiency with Tradeweb and other ECN is a plus

- Ability to work in a fast-paced environment and to perform varied tasks from multiple sources

- Ability to quickly assess situations, react to market/economic conditions and offer creative solutions and opportunities while meeting critical deadlines

**Benefits**

- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

- Leaders who support your development through coaching and managing opportunities

- Ability to make a difference and lasting impact

- Work in a dynamic, collaborative, progressive, and high-performing team

- Flexible work/life balance options

- Opportunities to do challenging work

- Opportunities to take on progressively greater accountabilities

- Access to a variety of job opportunities across business

## Skills

### Required
- Bond Trading
- Confidentiality
- Customer Service
- Detail-Oriented
- Standard Operating Procedure (SOP)
- Trade Processing

### Nice to have
- Bloomberg
- Tradeweb

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Source: [Apply at rbc.wd3.myworkdayjobs.com](https://rbc.wd3.myworkdayjobs.com/en-US/RBCGLOBAL1/job/Dallas-Texas-United-States-of-America/Senior-Trader--FI-Municipals_R-0000186412?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)