Junior Trader – Investment Grade Credit

Junior Trader – Investment Grade Credit

The Company:

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices across the country, Mesirow serves clients through capabilities spanning Private Capital & Currency, Capital Markets and Investment Banking, and Advisory Services. 

Our Institutional Sales and Trading group is comprised of over 60 dedicated traders, salespeople, and analysts with an average of more than 20 years of specialized experience across key sectors of the fixed income market. The cornerstone of our work is providing sophisticated market analysis, excellent service and customized investment solutions to institutional investors with enhanced market coverage through national sales and trading locations. We are recognized nationally as one of the nations’ most established and experienced participants in the fixed income markets.

The Opportunity:

We are actively recruiting for an experienced junior trader to join our IG trading desk in New York.  The ideal candidate will have a proven track record of success combined with well-established industry relationships.  We are looking for someone that is ambitious and enthusiastic about implementing new trading ideas, concepts combined with a demonstrated ability to operate within established trading risk parameters.

Responsibilities:

• Successfully manage own trading book and Mesirow’s capital
• Identify trading opportunities and present relative value ideas
• Ability to make markets and provide liquidity to customer base
• Maintain good relationship with clients and broker dealer community

Requirements:

• Bachelor’s Degree in Finance, Economics, Mathematics, Computer Science, or a related field.
• 3+ years’ experience trading investment grade credit from either buy side or sell side.
• Knowledge of coding
• A demonstrated track record of successful trading combined with established relationships.
• Series licensed (7 & 63).
• Entrepreneurial, creative and ability to generate trade ideas.
• Ability to work with both salesforce and client base.

To ensure compliance with the NY Pay Transparency Law, anticipated hiring base salary for the role will be between $80,000 and $100,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, also provides the opportunity for a discretionary bonus and the Mesirow benefit program.

EOE