VP, Sales
Position Purpose: StoneX Group Inc. is currently seeking qualified applicants for our open Vice President – Municipal Bond Sales opportunity. The role is primarily focused on Municipal Bond Sales and ensuring that all local regulations and sanctions are respected.
Primary Accountabilities/Responsibilities:
- Responsible for the timely buying and selling of municipal bonds.
- Actively markets fixed income inventory by communicating trade ideas to institutional customer base using multiple analytical tools (Bloomberg, TOMS, TMC)
- Maintains and builds relationships with other Broker-Dealers and Investment Advisors that deal in Municipal Securities.
- Provides Municipal Market updates to clients on a regular basis.
- Evaluates market volatility and ensures clients receive the best rate available.
- Ensures accurate and timely reporting of trades.
- Presents and executes trade ideas, as well as deliver client-specific product recommendations.
- Develops a solid fundamental understanding specific business, sector, or industry.
- Mitigates firm and client risk.
- Creates custom execution solutions tailored to the unique needs of each client.
- Complies with all applicable company, regulatory and internal compliance requirements, including the prevention of Financial Crime and Fraud.
- Maintains prompt and regular attendance.
- This list of duties and responsibilities is not intended to be all-inclusive and can be expanded to include other duties or responsibilities that management deems necessary.
Job Requirements:
- BA or BS in a finance or economics related background.
- 8yrs+ of prior experience in Institutional Municipal Sales.
- Series 7 or Series 52 and Series 63.
- Possess a strong, ongoing interest in the financial markets with emphasis in Sales & Trading.
- Exhibit an entrepreneurial spirit, a strong work ethic, the ability to work well in teams, and be motivated by the challenges of building client relationships.
- Excellent verbal and written communication skills.
Physical requirements/Working conditions:
- Climate controlled office environment
- Minimal physical requirements other than occasional light lifting of boxed materials
- Dynamic, time-sensitive environment