Entry Level Bond Trader

Charlotte, NC – Full-time

Requirements:  Master’s degree in Computational Finance, Financial Mathematics, or Quantitative and Computational Finance. Master’s degree coursework must include: Market Micro Algorithmic Trading, Financial Optimization, Financial Computation/Computing, and Fixed Income.

Job Duties: Work alongside senior traders who are responsible for maintaining accurate pricing, make markets in specified sectors, manage risk and execute trades, and provide liquidity to hundreds of clients seeking to buy or sell bonds in a fast-paced, high trade volume environment. Work on an open trading floor and participate in an ongoing dialogue around system and business process improvements applying knowledge of Financial Optimization. Use analytical and development skills to work alongside dedicated quantitative research and technology teams to continue evolving the trading technology applying knowledge of financial computing. Make bids or offers to buy or sell securities. Monitor markets or positions. Agree on buying or selling prices at optimal levels for clients applying knowledge of Market Micro Algorithmic Trading. Keep accurate records of transactions. Report all positions or trading results. Identify opportunities or develop channels for purchase or sale of securities or commodities. Review all securities transactions to ensure accuracy of information and conformance to governing agency regulations. Devise trading, option, or hedge strategies. Track and analyze factors that affect price movement, such as trade policies, weather conditions, political developments, or supply and demand changes. Inform other traders, managers, or customers of market conditions, including volume, price, competition, or dynamics. Negotiate prices or contracts for securities or commodities sales or purchases. Prepare and send requests for price quotations to all companies in a particular market applying knowledge of Fixed Income. Price securities or commodities based on market conditions. Work alongside senior traders to purchase or sell financial derivatives. Take and pass the FINRA licensing exam.

Interested candidates should send resumes to recruiting@millenniumadvisors.com