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Fixed Income Trader
Osaic Saint Petersburg, FL
$78k-118k (estimate)
Full Time 1 Week Ago
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Osaic is Hiring a Fixed Income Trader Near Saint Petersburg, FL

Brokerage Operations Opportunity in Financial Services

Fixed Income Trader

Location(s):

Atlanta: 2300 Windy Ridge Pkwy SE, Suite750, Atlanta, GA 30339

La Vista:12325 Port Grace Blvd, La Vista, NE 68128

Oakdale: 7755 3rd St. N, Oakdale, MN 55128

Scottsdale: 18700 N Hayden Rd, Suite 255, Scottsdale, AZ 85255

St. Petersburg: 877 Executive Center Dr. W, Suite 300, St. Petersburg, FL 33702

Osaic has returned to a hybrid work schedule, so we are seeking candidates prepared to work a split schedule between home and the office.

Role Type: Full time

Salary: $90,000 - $100,000 per year annual bonus

Actual compensation offered will be determined individually, based on a number of job-related factors, including location, skills, experience, and education.

Our competitive salaries are just one component of Osaic’s total compensation package. Additional benefits include: health, vision, dental insurance, 401k, vacation and sick time, volunteer days and much more. To view more details of what you can look forward to, visit our careers page: https://careers.osaic.com/Creative/Benefits

Summary:

The Osaic Wealth Inc. network of independent broker-dealers is among the largest in the United States. The broker-dealers that comprise Advisor Group – Osaic Wealth, Osaic Institutions, American Portfolios Securities America and Triad Advisors – foster the spirit of entrepreneurship and independence that our 6,000 plus advisors exemplify.

We are seeking an intelligent, motivated individual to fill a position on the network’s fixed income trading desk as a retail bond trader. The Fixed Income Trader will be executing bonds of all classes across a network of three Broker Dealers that use two different clearing platforms and assist advisors with all Fixed Income needs including but not limited to providing best execution of all fixed income products, assisting with building portfolios and helping to obtain bids and liquidate positions when necessary. This position will also handle all FI products including, treasuries, Municipal Bonds, Corporate Bonds, Agencies, CD’s, UIT’s and Mortgage-Backed Securities.

Responsibilities:

  • Trade fixed income securities including municipal bonds, corporate bonds, treasuries, agencies, and certificates of deposit.

  • Develop and market trade ideas to the representatives.

  • Analyze and interpret market conditions and economic data.

  • Create and evaluate portfolios.

  • Manage bid lists.

  • Research and resolve all trade problems.

  • Work closely with 2 clearing firms (Pershing & National Financial).

  • Trade unit investment trusts

  • Responsible for executing fixed income traders within the guidelines of the broker dealer and for reviewing and approving all Fixed Income orders that are executed through the electronic platforms we use.

  • Additionally, the trader will assist with all Fixed Income corrections along with guidance on how to use the electronic systems available.

  • All other duties as assigned.

Education Requirements:

  • Bachelor’s degree preferred, high school diploma (or equivalent) in combination with significant practical experience will be considered in lieu of degree. A minimum high school diploma or equivalent is required.

Basic Requirements:

  • Must have Fixed Income Experience.

  • Series 7 and 63 are required.

  • Bond Trading Experience is also required.

  • Excellent communication skills with the ability to communicate clearly and provide great service to our Advisors.

Preferred Requirements:

  • Experience with NFS and Pershing

  • Experience with Netx360 and Wealthscape

  • Series 24

Equal Opportunity Employer

Osaic is an equal opportunity employer. We celebrate diversity in our workplace and we hire the most qualified candidates without regard for age, ethnicity, gender, gender identity or expression, language differences, nationality or national origin, family or marital status, physical, mental, and developmental abilities (or the perception of a disability), genetic information, race, religion or belief, sexual orientation, skin color, social or economic class, education, work and behavioral styles, political affiliation, military service, caste, or any other characteristic protected by law.

Eligibility

Applicants for employment in the US must have valid work authorization that does not now and/or will not in the future require sponsorship of a visa for employment authorization in the US by Osaic.

Unqualified Applications

Osaic does not consider applications from candidates who do not meet the minimum qualifications stated in the job posting.

Recruiting Agencies

Osaic only accepts candidates from contracted recruiting firms and only for searches approved prior to submissions. Fees will not be paid for unsolicited submissions.

Job Summary

JOB TYPE

Full Time

SALARY

$78k-118k (estimate)

POST DATE

05/22/2024

EXPIRATION DATE

07/21/2024

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The following is the career advancement route for Fixed Income Trader positions, which can be used as a reference in future career path planning. As a Fixed Income Trader, it can be promoted into senior positions as a Fixed Income Analyst, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Fixed Income Trader. You can explore the career advancement for a Fixed Income Trader below and select your interested title to get hiring information.