PRINCIPAL RESPONSIBILITIES: Ensure best execution is received for the shareholders on all transactions. Ensure that fair allocation across funds is achieved on all transactions. Execute Portfolio Manager trade orders in compliance with investment policies and restrictions for each portfolio. Develop appropriate trading strategy for each situation. Build and maintain relationships with our counterparties. Assist with constant communication concerning relevant market conditions, economic data, credit information and trading information among the fixed income team. Obtain a complete understanding of the various types of fixed income instruments and their markets utilized by the municipal investment team. Understand how different security types trade relative to each other in different market environments. JOB REQUIREMENTS : Bachelor s degree in Business or equivalent. Five - eight years trading municipal bonds. Knowledge of fixed income investments and economics. Strong communication, organizational and interpersonal skills.
Using discretion and judgement, execute the Municipal Bond trading activity for the MFS Mutual Funds and MFS Institutional Advisors on a daily basis working in tandem with current Municipal Bond trader.
Associated topics: broker, broker dealer, capital, commodities, derivatives, fiduciary, ira, invest, risk, s p