Senior Municipal Trader

Eaton Vance Investment Managers
Boston, USA
Not Specified
Dec 14, 2020
Dec 25, 2020
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
By joining Eaton Vance, you'll become part of a company that has one of the best employee retention rates in the financial services industry. We offer competitive salaries, generous benefits, and tremendous opportunities for growth and development. If you do not see a position that fits your career objectives, please return to this site in the future as our hiring needs will change. We look forward to your becoming a part of our continued success!

Basic Purpose:

The Senior Municipal Trader is responsible for executing municipal bond buy and sell orders using investment parameters set by the municipal Portfolio Managers in conjunction with municipal analysts and other traders. Trades often involve negotiating complex transactions while maintaining a high level of integrity.

Primary Responsibilities:
  • Transact in accordance with the philosophy of specific Portfolio Managers to implement trades to enhance shareholder value and to limit opportunity costs.
  • Provide training, development, and mentoring to the newer trading staff.
  • Develop and maintain relationships with Portfolio Managers to ensure that they receive a high level of information and analysis regarding market sentiment, trading environment, volume, price volatility, and relative value. Assure integration of the investment process and trading strategies to enhance performance. Make recommendations for trading alternatives to investment objectives based upon opportunity in the marketplace.
  • Allocate trades to separate funds in accordance with the investment strategies as set forth in the departmental allocation guidelines.
  • Maintain strategic relationships with the broker/dealer community to ensure that the needs for portfolio management, research, and trading expertise are met.
  • Support the Director of Municipal Bond Trading within the broker/dealer community to continue the enhancement of our position as a leading market participant.

Job Requirements:
  • Bachelor's degree or equivalent experience required. Master's degree and/or a CFA Designation is preferred.
  • Minimum 5 years of experience, 10 years preferred, in the investment industry with a significant portion of this experience in the trading area required.
  • Experience actively trading portfolios for total return based objective.
  • Ability to provide strong leadership, mentoring, and problem solving guidance to department members.
  • Excellent quantitative, qualitative, and management skills.
  • Expert knowledge of fixed income markets and continues to stay informed on current industry trends and systems.
  • Advanced PC computer skills including Perform, Bloomberg, other electronic trading systems, and other industry software.
  • Excellent verbal, written, and interpersonal communication skills are essential; presentation skills and the ability to influence decisions are helpful attributes.

This policy applies to Eaton Vance Corp. and all subsidiary companies (the "Company").

The Company is an equal opportunity employer and is committed to providing a work environment that is free of discrimination and harassment. It does not discriminate against applicants or employees with respect to any terms or conditions of employment on account of race, color, religion, creed, national origin, ancestry, sex, sexual orientation, age, pregnancy, parenthood, physical or mental disability (actual or perceived), medical condition including genetic characteristics, marital status, citizenship status, military service, gender, gender identity or expression, registered domestic partner status, domestic violence victim status, status with regard to public assistance, or any other characteristic protected by applicable federal, state or local laws. Eaton Vance also prohibits discrimination based on the perception that a person has any of those characteristics or is associated with a person who has or is perceived as having any of those characteristics. This commitment applies to all persons involved in the operations of the Company, and prohibits unlawful discrimination by any employee of the Company, including supervisors and co-workers. All employment decisions shall be consistent with the principles of equal employment opportunity.

The information on this Web site is for U.S. residents only. The information on this Web site does not constitute an offer to sell, or a solicitation of an offer to purchase, securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Eaton Vance does not provide tax or legal advice. Prospective investors should consult with a tax or legal advisor before making any investment decision. © Eaton Vance Management. All rights reserved. Two International Place, Boston, MA 02110

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