Municipal Securities Sales Fixed Income Trader
UBS Financial Services, Inc - Weehawken, NJ
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- Company
- UBS Financial Service... UBS Financial Services, Inc
- Location
Weehawken, NJ, US
- Job Type
- Regular
- Job Classification
- Full Time
- Experience
- not provided
- Education
- not provided
- Company Ref #
- 80818BR80818BR
- AJE Ref #
- 555585416
- [+] More
Job Description
We are opportunistically seeking someone in Municipal Securities Sales Trading for our Ultra High Net Worth Sales Desk (UHNW).
Develop strong relationships with UHNW sales team as well as top Financial Advisors and cover them proactively to drive revenues and sales for their municipal business.
Responsibilites:
- Maintain relationships with the street to faciliate street trades for UBS UHNW clients.
- Maintain detailed knowledge of all UBS research product and personnel.
- Ability to build relationships with other sales people in the department and build a cross product knowledge base.
- Execute trades for Municipals for UHNW and family office clients.
- Deliver detailed investment advice based on UBS research both proactively and in response to client/advisor inquiry. Track and analyze market conditions and proactive provide timely sales ideas to Financial Advisors and UHNW clients.
- Help Financial Advisors with client meetings and conference calls to bring in new business.
- Proactively market actionable UBS investment ideas with appropriate implementation advice across asset classes, but with special emphasis on Municipal Securities.
- Liase with WMR research management to ensure UHNW FA's and clients, including family office clients are getting adequate service and coverage through multiple channels.
- Develop strong relationships with analysts from Wealth Management.
- Creative ability to read in-house and street research to develop themes and generate proactive sales ideas.
- Knowledge of sopshisticapted strategies for UHNW clients with concentrated experience in Municipal Securities Selectively travel to branches to meet advisors and host in branch meetings and client events in top markets across the country.
- Ensure that all executions are done within the firms policy and according to all regulatory rules and procedures.
Stong knowledge of municipal credits and structures across the complete range of maturities and across the nation.
- Strong multi-tasking skills, strong relationship management and interpersonal skills.
- MUST have an active FINRA Series 7 and 63/65 or 66 to be considered, 6-15 years of TOTAL work experience, Municipal Securities focused, generalist across sectors and private wealth experience strongly preferred
- Bachelor's Degree
- Good knowledge of bond evaluations, Rich/cheap analysis, Bond pricing analysis
- Must have strong street relationships.
- Ability to interact and partner with ultra high net worth clients, advisors, product experts and senior management
- Ability to set priorities and manage deadlines
- Ability to work both autonomously and within a team structure
- Strong verbal and written communication skills
- Ability to be resilient and manage stress
- Good judgement and decision making
- Good analytical skills
- Strong work ethic, self confidence and desire for success
- Manage risk associated with bond positions
