Skip to content
CV Rocket
Get started
How it worksThe enginePricingBlogContactSign in

Open nowPosted 2 days ago

Municipal Bond Trader

Northern Trust526 open roles

Where
Chicago, IL
Get the CV for this job

From $25 per CV, paid once. No subscription.

Your applicationOpen nowMunicipal Bond TraderNorthern Trust · Chicago, IL

  1. YouYes, apply to this one.

  2. CV RocketCV written for this posting.

  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

  4. CV RocketApplied on Northern Trust's own form.

The reply lands in your private mailbox

3×more interviews than doing it yourself with ChatGPT.

The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Northern Trust postings stay open a median of 38 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 57.8%60 days
This job: posted 2 days ago

Northern Trust median: 38 days open

The posting

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Position Summary:

Northern Trust Asset Management is seeking an experienced fixed income trader responsible for the execution of buy and sell orders across client portfolios. The role is primarily focused on taxable and tax-exempt municipal bonds, with opportunities to support electronic trading across other fixed income sectors, including corporate credit and rates products. This role partners closely with Portfolio Managers and fellow traders to ensure efficient execution across a broad range of investment strategies including ETFs, active and index-based funds, institutional accounts, separately managed accounts (SMAs), and wealth management portfolios.

Duties and Responsibilities

· Execute primary and secondary market municipal bond transactions across all sectors in accordance with portfolio manager direction, client objectives, and investment guidelines.

· Maintain a thorough understanding of the factors influencing bond valuations, including market conditions, supply and demand dynamics, technical factors, relative value considerations, and sector fundamentals.

· Develop and maintain strong relationships with broker-dealers and trading counterparties to source liquidity, evaluate market opportunities, and achieve best execution.

·

· Coordinate tax-loss harvesting, account liquidations, invest-ups, cash deployment, and other portfolio-transition activities, including the receipt, execution, and settlement of related trading orders.

· Collaborate with portfolio managers on portfolio positioning, trading strategy, cash deployment strategies, and implementation decisions consistent with client objectives and prevailing market conditions.

· Maintain a strong understanding of fixed income investment vehicles, market structure, security characteristics, pricing methodologies, industry trends, and regulatory requirements.

· Provide portfolio and market analysis to support investment decisions, client communications, and business development efforts for current and prospective clients.

· Partner with technology, operations, compliance, and external vendors to test, troubleshoot, and improve municipal trading platforms, data flows, reporting, and system integrations.

· Identify and implement process improvements, automation, controls, and analytical tools that increase trading efficiency, reduce operational risk, and improve scalability.

· Contribute to electronic trading coverage across other fixed income sectors, including corporate credit, government securities, and rates products, as needed.

Competencies / Skills

· Expertise in electronic fixed income trading, with extensive proficiency across trading platforms including MarketAxess, Tradeweb, and Bloomberg.

· Preferred experience with OMS and EMS systems such as Aladdin, Perform, and Adroit.

· Comprehensive knowledge of fixed income markets, investment strategies, portfolio construction, risk management, and credit fundamentals.

· Strong dealer relationship management skills, with a demonstrated ability to source liquidity, negotiate effectively, and achieve best execution for client portfolios.

· Excellent communication, analytical, and collaboration skills, with the ability to partner effectively with portfolio managers, traders, research analysts, and operational teams.

Experience:

· Preferred candidates will have a minimum of three-five years municipal bond trading experience. Candidates with investment-grade or corporate bond trading experience will also be considered, provided they have some exposure to or experience in municipal bond trading.

Salary Range:

$160,100 - 272,300 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.

From $25, paid onceGet the CV for this job

What happens when you press

One press. We do the rest.

  1. A CV for this posting

    Written against Northern Trust's own wording, from every piece of relevant proof in your profile.

  2. 25 readers review it

    Recruiter, hiring manager, skeptic and more read every draft, round after round. You get the best round.

    The review screen in CV Rocket: how each CV was read, round by round.

  3. We apply on Northern Trust's form

    Our application engine gets through the hardest forms there are. Where a question needs you, AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

    An application in CV Rocket: every answer filled in on the employer's form.

  4. Every reply, sorted

    Northern Trust's answer lands in your private mailbox, and we classify it on arrival: interview, question, rejection.

    The CV Rocket inbox: each employer reply classified as an interview, an action or a rejection.

  5. Reply with AI

    AI helps you write the email, checks it and sends it. We show you whether the recruiter read it.

  6. The interview in your calendar

    Full integration with your calendar. The invitation goes straight in.

    An interview invitation in the CV Rocket inbox, added to the candidate's calendar.
Get the CV for this job

From $25 per CV, paid once. No subscription.

Why it works

3×

more interviews than doing it yourself with ChatGPT.

ChatGPT writes a CV and never learns what happened to it. We see every reply. For each CV we know:

  • How it was written, and how the review scored it
  • When we applied, and how long after the posting went up
  • Which posting, which company, which city
  • Who got the interview, and who heard nothing

That is how we know which CVs get called.

Get the CV for this job

From $25 per CV, paid once. No subscription.

The numbers game

More applications. More interviews.

Every application goes out with its own CV, written for that posting and paid once. Send enough of them and the law of large numbers finds you the job.

Get the CV for this job
By hand5–10
With CV Rocket100
applications a day

Nearby

Live postings like this one

Same employer first, then the same role elsewhere.

Before you press

Straight answers

Get the CV for this job

From $25 per CV, paid once. No subscription.

What if my background isn't good enough?

We make the most of the background you have. The CV uses every piece of relevant proof your profile holds, and one of the 25 readers reads your whole profile and flags what the CV left out.

Do you really apply for me?

Yes, on the employer's own form, the hardest ones included. Where a question needs you, you answer it right there and AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

Is it a subscription?

No. You pay once per CV, from $25. Every application goes out with its own CV, written for that posting.

One job. One CV.
Paid once.

Pick the posting you want. We write for it, apply for you and catch the reply.

Get the CV for this job

From $25 per CV, paid once. No subscription.