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Trader – Municipal Bonds

Trader – Municipal Bonds
Chicago, US
120,000 - 140,000
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Job Description

The Opportunity 

Mesirow is an independent, employee-owned firm founded in 1937. As specialists in investment, risk management and advisory services, we are committed to helping our institutional, corporate, and individual clients achieve their objectives. We are proud of Mesirow’s culture of fostering team member engagement, entrepreneurship, and empowerment. Our positive culture, volunteerism, and opportunity for advancement makes Mesirow one of the few employers to be included in both Chicago Tribune’s Top Places to Work and Crain’s Best Places to Work in Chicago.

Mesirow Financial Inc. is seeking a Fixed-Income Trader, preferably with a strong quantitative analytics background, to join the municipal trading team. Reporting to the Head of Municipal Trading, this candidate will focus on developing the team’s institutional account distribution capabilities, while working to enhance tools and processes. Trading will focus nationally, across the yield curve within the high grade sector. The ideal candidate will have solid interpersonal and communication skills, a deep understanding of the municipal bond market and deep account relationships. We are looking for a team player with an entrepreneurial mindset and an ability to manage budding initiatives alongside daily workflow.


  • Responsible for executing the bid wanted processes, evaluating and processing trades, and purchasing primary and secondary bonds with oversight from senior staff for separately managed accounts and odd lot trading
  • Manage dealer lists, deepen counterparty relationships, and organize department data.
  • Focus on initiatives to analyze and enhance proprietary bond valuations tools.
  • Further desk analytics and reporting.
  • Develop systematic processes to identify market mispricing.
  • Develop broad-based expertise to support all facets of the municipal team while providing reporting and analytical support to the trading desk


  • Experience using financial technology preferred (i.e. Bloomberg, MarketAxess, Excel, Perform).
  • Series 52 and 63 FINRA securities licenses preferred or willing to obtain once hired.
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