VP, Sales

StoneX Group Inc.New York, NYa month ago

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

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