Municipal Bond Trader

Job Description: The Department Located primarily in Merrimack, New Hampshire, Fidelity’s Fixed Income Division is one of the country’s leading fixed income managers with well over $1.7 trillion in fixed income assets managed by a staff of roughly 200 investment professionals. At Fidelity, we combine fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to develop investment decisions. Our goal is to use our financial expertise to help people live the lives they want. The Position Fidelity is looking to hire a Municipal bond trader to join its Fixed Income Division. The trader will join our retail separately managed account (SMAs) investment team with a focus on municipal bonds. The position requires knowledge of fixed income investing and trading, significant quantitative and technical skills, an entrepreneurial approach to solving problems, a commitment to collaboration, and effective communication skills. This is an exciting opportunity to be part of a growth business and to apply your market, technical and investment skills to evolve our trading practices and ensure efficient implementation of investment decisions. Primary Responsibilities Negotiate and execute trades on behalf of our portfolios, achieving best execution for clients Collect, organize, and disseminate market and trading information to the investment team Work closely with the SMA investment team (portfolio managers, analysts, and traders) to manage and execute municipal bond order flow Leverage technology skills to find ways to scale the investment process and execution capabilities in the pursuit of contributing to alpha generation Keep pace with the evolving market structure to refine our electronic trading approach, strategy, and tactics Actively work alongside traders, quants, and developers in advancing our SMA systematic trading strategies and mechanics Liaise with Technology, Compliance, Legal, Operations and other internal Fidelity partners to mitigate operational risk and drive process efficiency Help define the business requirements for enterprise technology applications to be used by the trading team Qualifications Bachelor’s degree required, preferably in Engineering, Computer Science, Mathematics, Finance, or other relevant quantitative subject area (Postgraduate degree a plus) 5 years of experience in fixed income investing/trading or proficiency implementing systematic trading strategies (municipal bond focus a plus) Technical proficiency with Python, R, and SQL, a plus Entrepreneurial spirit and enthusiasm for solving complex problems Ability to work in team environment and be an adaptable self-starter Strong written and verbal communication skills Certifications: Category: Investment Professionals At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation please contact the following: For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 2 For roles based in Ireland: Contact AccommodationsIreland@fmr.com For roles based in Germany: Contact Accommodationsgermany@fmr.com Fidelity Privacy Policy