Financial Market Trader

4 days ago


Cincinnati, Ohio, United States Fifth Third Bank Full time

Company Overview

Fifth Third Bank is a leading financial institution committed to providing exceptional banking services. We are dedicated to building long-term relationships with our customers and communities.

Salary

The estimated annual salary for this position is $85,000 - $120,000, based on industry standards and location in Cincinnati, Ohio.

Job Description

We are seeking an experienced Financial Market Trader to provide primary and secondary market liquidity to assigned market sectors. The ideal candidate will have 3+ years of experience in the banking or securities industry, with a strong understanding of fixed income markets, macroeconomics, and trading environments.

Responsibilities:

  • Trade fixed income securities in support of Institutional and Retail Sales representatives
  • Provide revenue-generating ideas to sales representatives
  • Accurately process trades on clearing systems in a manner consistent with both FTS compliance and industry standards
  • Effectively communicate with: sales, middle office, operations, risk management, compliance, internal business partners, external clients, et al
  • Balance, reconcile, and manage inventory positions maintained within department policy limits
  • File appropriate regulatory reports on a timely basis
  • Provide product training to Institutional and Retail sales executives through formal training sessions and informal daily communication

Required Skills and Qualifications

The successful candidate will possess:

  • NASD Series 7, 63 registration
  • Bachelor's degree in finance, economics, mathematics, statistics, or related fields
  • Excellent interpersonal, written, verbal, and communication skills
  • Attention to detail and high operational accuracy
  • Able to prioritize and multi-task in a fast-paced environment

Benefits

Fifth Third Bank offers a comprehensive benefits package, including health insurance, retirement plans, and paid time off.



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