Managing Director - Head of Institutional Municipal Trading

Southstate Bank • Memphis, TN

29d • Onsite

About The Position

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions. We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here! Summary This position will work with upstream dealers, fixed income salespeople and their clients to facilitate the purchase and sale of municipal fixed income securities and funding. The Managing Director is responsible for enforcing the firm’s policies and procedures to ensure compliance with the rules and regulations set forth by regulatory agencies. Duties & Responsibilities Execute trades in alignment with internal trading processes & procedures Collaborate with Managing Director of Sales and Strategies as needed with Registered Reps and supervisory activities It is the responsibility of this role to take ownership of all tasks and challenges that they encounter in the operation of their assigned position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Requirements

• Bachelor’s degree
• 5+ years of securities industry related experience
• SIE, Series 7 or Series 52 required.
• Must have a strong working knowledge of banking, bank eligible fixed income products, bank investment strategy, asset/liability management and the bank regulatory environment.
• Must possess a thorough understanding of bond markets, the economy and interest rate correlations.
• Must be familiar with Bloomberg trading systems, email systems, Microsoft Office products including Word, Excel and PowerPoint, Internet Explorer, and basic personal computer skills.
• Ability to communicate in person, on the phone, and through electronic channels
• Ability to use a computer on a frequent basis, including typing and sustained attention to a monitor
• Ability to sit, walk, and/or stand for extended periods of time
• Ability to bend and reach

Responsibilities

• Execute trades in alignment with internal trading processes & procedures
• Collaborate with Managing Director of Sales and Strategies as needed with Registered Reps and supervisory activities
• It is the responsibility of this role to take ownership of all tasks and challenges that they encounter in the operation of their assigned position.
• The Managing Director is responsible for enforcing the firm’s policies and procedures to ensure compliance with the rules and regulations set forth by regulatory agencies.

What This Job Offers

• Job Type: Full-time
• Career Level: Director