Tax-Exempt Fixed Income Trader (Investment Grade Bonds)

Silvercrest Asset Management Group•New York, NY

7d•$100,000 - $130,000

About The Position

The Tax-Exempt Fixed Income Trader supports the Managing Director, Portfolio Manager of Fixed Income, in managing investment-grade municipal bond portfolios for high-net-worth clients, with a focus on short- to intermediate-duration strategies. The role includes trading, credit research, portfolio monitoring, and client reporting, and is suited to someone with a foundation in tax-exempt fixed income who wants to grow toward portfolio management in a collaborative, client-focused environment.

Requirements

3–6 years of relevant experience in tax-exempt fixed income.
Experience supporting the management of tax-exempt, investment-grade bond portfolios.
Working knowledge of municipal credit analysis and bond math.
Proficiency in Bloomberg, Excel, and portfolio management or trading systems, with close attention to detail.
Bachelor’s degree required.
Strong communication and organizational skills, with the ability to manage multiple priorities.

Nice To Haves

Progress toward the CFA designation.
Experience working with high-net-worth client portfolios.

Responsibilities

Support the Managing Director in managing tax-exempt, investment-grade bond portfolios across short to intermediate durations.
Screen new-issue and secondary-market offerings and help identify relative-value opportunities.
Place and allocate trades, and coordinate with operations to ensure accurate settlement.
Conduct credit research and ongoing monitoring of municipal issuers and sectors.
Assist with portfolio construction and rebalancing in line with client objectives, risk tolerance, and income needs.
Monitor portfolio positioning, cash flows, maturities, and adherence to client guidelines.
Track market conditions, interest-rate trends, and economic developments, and help prepare market commentary.
Prepare portfolio reviews, reports, and materials for client meetings.