The Municipal Bonds Trader works closely with the retail sales force and other retail traders to provide routine administrative support and assistance. This position will perform duties associated with municipal trading, such as watching messenger, organizing and assisting with customer inquiries, processing transactions, and preparing various communications.
• Respond to retail sales inquiries and research questions and resolve problems promptly and efficiently.• Responsible for determining bond values and providing information for bidding retail customer bids wanted lists.• Responsible for managing customer municipal bond evaluation requests, including determining offering price, appropriate sales credits on bonds within their inventory, and determining whether or not to bid based on the correct market price for bonds.• Responsible for posting salespeople on the various trades and post-market data as it becomes available.• Ensure municipal offerings are accurately posted on the Electronic Communication Network (ECN).• Monitor market conditions regarding interest rate movements and credit changes and advise retail brokers.• Generate sales ideas by evaluating municipal offerings from other broker-dealers and selecting the most appropriate to market to the retail sales forces.
• Ability to fill retail sales inquiries, bid retail sales' bid wanted lists on ECN (Bondworks), and attend to retail sales' various needs.• Ability to use logic and reasoning to promptly identify the strengths and weaknesses of alternative solutions, conclusions, or problem approaches.• Able to consider the relative costs and benefits of potential actions to choose the most appropriate one promptly.• Able to communicate information and ideas in spoken or written form so that others will understand.• Able to Manage one's own time and priorities to ensure the meeting of deadlines.
• Minimum Required: Bachelor's Degree in Finance or related field or equivalent years of experience.• Minimum Required: 1-3 years of financial services industry or related experience.
• Minimum Required: FINRA Series 7 and Series 63 required or obtained within six months of hire.
• Proficient in Microsoft Excel, Word, PowerPoint, and Outlook. #LI-JK1
Salary: - Actual salaries may vary, and may be based on several factors, including but not limited to each candidate’s qualifications, skills, and overall competencies for the position. The base salary is one component of Stifel’s overall compensation package for each individual employee. Other benefits and offerings include, but not limited to, discretionary bonuses, health / dental / vision / prescription insurance offerings, Stifel Total Health Connect, flexible spending accounts, tuition & certification assistance programs, paid time off, and much, much more! To view a more comprehensive list of Stifel’s current offerings, please visit https://www.stifel.com/careers/benefits. Applications are accepted until the position is filled.
Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.
While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success.
At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.
Stifel is an Equal Opportunity Employer.
Established in 1890, Stifel, Nicolaus & Company, Incorporated is one of the nation’s premier full-service financial services firms, providing brokerage, trading, investment banking, investment advisory, and related services to individual investors, professional money managers, businesses, and municipalities through more than 400 locations across the U.S.
Stifel ranks as the 7th largest brokerage firm in the country as measured by number of financial advisors, with approximately 2,300, and features a highly regarded equity research department that has earned numerous accolades from such publications as The Wall Street Journal, Forbes, and the Financial Times. In 2023, 2024, and 2025 Stifel was recognized as the No. 1 wealth management firm for employee advisor satisfaction, based on the J.D. Power U.S. Financial Advisor Satisfaction Study*.
Stifel is the principal subsidiary of Stifel Financial Corp. (NYSE: SF), a financial services holding company headquartered in St. Louis, Missouri. Stifel Financial Corp.'s other subsidiaries include Stifel Independent Advisors, LLC, an independent contractor broker-dealer firm; Stifel Nicolaus Europe Limited, the Company’s European subsidiary; Stifel Nicolaus Canada, Inc., our Canadian subsidiary; Stifel Bank and Trust and Stifel Bank, retail and commercial banks; and Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A, our trust companies.
*Based on the results of the J.D. Power 2025 U.S. Financial Advisor Satisfaction Study℠. For J.D. Power 2025 award information, visit jdpower.com/awards. Compensation provided for using, bot obtaining the award.
