Director, Fixed Income Municipal Bond Trading (Open To Location)

Fifth Third Bank•New York, NY

6d•Remote

About The Position

The Fixed Income Trading Executive Director is a leadership position responsible for overseeing trading strategy, risk management, and revenue generation across a designated asset class. This role provides strategic direction for trading operations, ensures regulatory compliance, and drives profitability through innovative market solutions. The Executive Director serves as a key advisor to senior leadership, mentors traders, and strengthens Fifth Third’s market presence through client engagement and industry influence.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or a related field.
12 years of experience in Banking, Investment Banking, M&A, or Capital Markets (strong Analyst performance required for internal promotion).
Securities Industry Essentials (SIE), Series 7, and Series 63 licenses (or ability to obtain within company policy).
Series 24 preferred.
Professional proficiency, generally acquired through 10 years of relevant work or internship experience in finance, accounting, or a related field.
Deep expertise in fixed income instruments, market dynamics, and trading strategies.
Advanced proficiency in Bloomberg and trade processing systems.
Strong risk management and regulatory compliance knowledge.
Exceptional leadership and team development capabilities.
Proven ability to influence senior stakeholders and drive strategic outcomes.
Excellent communication and relationship-building skills with internal and external partners.

Nice To Haves

Series 24 preferred.
Strategic Leadership – Shape trading strategy and anticipate market trends to maintain competitive advantage.
Operational Excellence – Ensure flawless execution and compliance across all trading activities.
Revenue Growth – Drive profitability through innovative trade ideas and client engagement.
Talent Development – Build organizational capability through mentorship and succession planning.

Responsibilities

Set Trading Strategy for your asset class, aligning execution with market conditions, client objectives, and departmental revenue goals.
Monitor Risk and Positions across the trading desk, ensuring adherence to policy limits and optimizing profitability.
Lead and Develop Talent by mentoring junior traders, providing performance feedback, and fostering career growth opportunities.
Collaborate with Internal Partners including Compliance, Risk Management, and senior leadership to ensure operational integrity and strategic alignment.
Execute Trades in support of Institutional and Retail Sales representatives, maintaining precision and timeliness.
Generate Revenue Ideas by delivering actionable trade recommendations and market insights to Sales teams.
Maintain Broker Relationships with national and regional dealers to enhance liquidity and market access.
Ensure Regulatory Compliance through timely reporting and adherence to all applicable regulations.
Provide Product Expertise via formal training sessions and daily collaboration with Sales teams.
Represent Fifth Third as a thought leader in fixed income markets through client engagement and industry forums.