Municipal ETF Trader bei Ziegler

CORPORATE PROFILE

Ziegler is a privately held, national boutique investment bank, capital markets and proprietary investments firm. It has a unique focus on healthcare, senior living and education sectors, as well as general municipal and structured finance. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, fixed income sales, underwriting and trading as well as Ziegler credit analytics.

BUSINESS UNIT

Ziegler Capital Markets (ZCM) is a market leading Trader and Underwriter of High Yield (HY) and General Market (GM) municipal bond credits. Our historical focus is on Healthcare, Hospital, Senior Care, Higher Education, Private Education, Charter School, Project Finance, and General Market transactions in the municipal bond market. Our client base are Tier I, II, and III Mutual Funds, ETF’s, SMA’s, Money Managers, Insurance Companies, and Trading Vehicles.

POSITION OVERVIEW

We are currently seeking an experienced Municipal Bond ETF trader to add to our existing and growing Municipal ETF footprint.  Our ETF book is municipal HY and HG in nature.   Our traders work in a team environment with other cash Traders, Technology Development, Operations personnel, and Research, to encourage optimal performance. The ideal candidate should have a proven track record of either building or operating a Municipal Bond ETF book.  In addition, automated Municipal Bond trading strategy experience would be a plus.

The successful candidate will be responsible for the following:

• Maintain and further enhance the ZCM HY/GM Municipal ETF trading footprint, including the sourcing of municipal bonds.
• Research new market opportunities.
• Apply a data-driven and market experience approach to the municipal ETF Create and Redeem process.
• Use trading metrics, data analysis, and live market experiences, to identify inefficiencies, streamline trading metrics, in order to identify Muni Market or ETF Share opportunities.
• Constantly strive to improve risk management techniques.
• Continuously contribute to the ZCM team investment and trading strategies.

Professional qualifications

• Bachelors or Masters degree in: Finance, Economics, Business, Computer Sciences, Statistics, Mathematics, or other quantitative disciplines.
• Experience with the ETF Create / Redeem process, both equity shares and cash Muni’s as it relates to Municipal Bond HY and GM ETF’s.
• Relationship management skills with Fund complex partners, market making partners, and Operations staff, and internal sales/trading teams, for both equities and fixed income sides of the ETF trade mechanisms.
• FINRA Series 7 License and willingness to obtain future licensure as requires. Ziegler is a FINRA regulated Broker Dealer. 
• CFA Level III designation is a plus. 

Personal qualifications

• An ability to apply quantitative skills and logical reasoning to solve complex problems.
• Proven ability to perform successfully in a fast-paced, collaborative environment.
• A desire to continuously learn and proactively improve processes.
• Strong written and verbal communication skills.
• Experience in computer programming is a plus.

BENEFITS AND COMPENSATION

The applicable base salary range for this role is $100,000 to $140,000. The base pay offered will be determined by factors such as experience, skills, training, location, and education. In addition to the base salary, this position may be eligible for trading commissions and/or a performance-based bonus. A comprehensive benefits package is offered to full-time associates including medical, vision, dental, ancillary insurance, Paid Time Off, and a 401(k)-retirement plan with firm matching.

Ziegler is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.