Northwestern Mutual

Director - Municipal Bond Trading

Milwaukee, Wisconsin, United States

Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

Candidates should possess a Bachelor’s degree with a very strong quantitative background and demonstrated aptitude, and ideally progress towards a master’s degree and/or CFA. They must have 3-10 years of experience on a buy-side trading desk, along with demonstrated understanding of fixed income markets and trading conventions, particularly concerning Municipal bonds (Taxable and Tax Exempt). Proficiency in SQL, Python, R, and Tableau, as well as experience with Bloomberg and electronic trading platforms like ICE Bonds, MarketAxess, and TradeWeb, is required. Experience developing and deploying trading algorithms is a plus.

Responsibilities

The Municipal Bond Trader will execute Municipal bond trades under the direction of the portfolio manager, prioritizing and conveying market information to analysts and the portfolio manager, and other internal constituencies as needed. They will also develop and maintain strong professional relationships with trading counterparties and the broker-dealer community, contribute to improving trading processes, build and refine decision support frameworks, and focus on risk-adjusted return and relative value while managing portfolios against industry benchmarks. Furthermore, the role requires attention to detail, excellent communication skills, and the ability to navigate complex situations involving multiple stakeholders, all while maintaining high ethics and integrity and fostering a strong team dynamic.

Skills

Northwestern Mutual

Provides financial security services, and wealth management

About Northwestern Mutual

Northwestern Mutual offers personalized financial planning, life insurance, and investment services, leveraging leading-edge technology to manage over $125 billion in client assets for more than 4.5 million clients.

Milwaukee, WisconsinHeadquarters
1856Year Founded
N/ACompany Stage
Consulting, Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Growing your Career
Compensation & Time Off
Insurance plans
Health Savings Account
Wellness programs & resources
401(k) plan and cash balance contributions

Risks

Fintech platforms like Carefull challenge traditional financial advisory services.
Internal competition may arise from Wellthi's focus on the Black community.
Customer dissatisfaction may grow due to increased retirement age expectations.

Differentiation

Northwestern Mutual maintains the highest financial strength ratings in the industry.
The company launched 'The Great Realization' campaign to refocus customer priorities.
Northwestern Mutual offers a unique Long-Term Advantage product with life insurance benefits.

Upsides

The aging population increases demand for retirement planning and long-term care solutions.
Partnerships with tech firms enhance Northwestern Mutual's data analytics capabilities.
Digital transformation in insurance leads to more personalized customer experiences.

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