Trader II

Edward Jones

6d•Hybrid

About The Position

The Municipal Trading Department within Edward Jones is primarily responsible for providing our Financial Advisors with a broad supply of highly diversified and fairly priced municipal bonds. These bonds help fulfill the unique needs of our clients. Our goal is to identify and analyze opportunities in the marketplace while consistently achieving best execution and evolving our trading capabilities to improve outcomes. As a Trader II, you will play a critical role at the intersection of execution, analytics, and strategy, helping the desk evolve toward more data-driven and technology-enabled trading practices. You will be expected to not only execute trades and manage inventory, but also optimize execution outcomes, contribute to trading strategy development, and enhance systematic trading capabilities across the desk.

Requirements

B.A./B.S. degree in business, economics, finance, or quantitative-related field
3+ years of financial services experience required; capital markets experience preferred
Demonstrated expertise in capital markets analytics, trading strategies, and risk management techniques
Strong ability to analyze and interpret market data, including yield curves, credit dynamics, and relative value opportunities
Experience applying data-driven insights to trading decisions and execution outcomes
Proficiency with internal and external trading systems and tools, including Bloomberg and electronic trading platforms
SIE, Series 7, 52, and 66 required (or obtained within 6 months depending on licensing windows)

Nice To Haves

Experience enhancing or working with electronic trading platforms, execution models, or systematic trading workflows
Proficiency with data and analytics tools such as: Excel (advanced), Power BI / Tableau, SQL, Python, or other programming languages
Experience working with large datasets, trade analytics, or execution performance analysis (e.g., pricing, hit rates, transaction cost analysis)
Familiarity with pricing models, valuation frameworks, and risk analytics
Demonstrated ability to identify and implement process improvements or automation opportunities within a trading environment
Advanced degree or certifications (MBA, CFA, CFP, CPA or progress toward)

Responsibilities

Ensure inventories align with firm research and portfolio guidance, leveraging new issues, bid wanteds, secondary purchases, and external offerings to identify capital commitment opportunities and manage corresponding positions
Execute trades across municipal markets while optimizing execution across multiple channels (dealer, electronic, internal flows)
Apply capital markets analytics, market data, and relative value analysis to inform trading decisions, identify opportunities, and improve execution outcomes
Enhance systematic and electronic trading strategies and execution models, improving efficiency, consistency, and scalability of trading outcomes
Leverage internal and external data sources to develop and expand desk analytics
Utilize trading systems and analytical tools to support data-driven insights and workflow improvements, and identify opportunities to enhance trading processes
Partner with internal teams to improve tools, advance analytics capabilities, and drive continuous process improvement across the desk
Manage risk through disciplined evaluation of inventory exposure, liquidity conditions, and market dynamics
Deliver client service excellence for all branch-related inquiries, providing market insights and supporting advisors with timely and accurate execution
Provide training and guidance to other traders, contributing to the development of team capabilities in areas such as pricing, analytics, execution strategy, and inventory management
Build and maintain strong internal and external relationships, including dealer networks, to enhance market access and execution outcomes