Trader
: Job Details :

Position Overview:

The Municipal Fixed Income team at Neuberger Berman is looking to hire a Trader to join its team at the firm's headquarters in New York. The candidate will coordinate with Portfolio Managers and interface directly with dealers to execute municipal bond trades in both the primary and secondary markets on behalf of separately managed accounts. The candidate must have a demonstrated ability to multi-task and operate decisively under pressure. The candidate must also have strong communication skills and be able to build and maintain internal and external relationships. In addition to managing the daily market flow, the candidate will be expected to collaborate across teams internally to resolve issues and help drive efficiencies within our investment process. The role presents an exciting opportunity to contribute, learn, and grow within an experienced investment team at Neuberger Berman.

Primary Responsibilities:

• Negotiate and execute municipal bond trades

• Maintain consistent communication with Portfolio Managers and promptly respond to ad-hoc requests

• Diligently monitor market dynamics and leverage dealer relationships to gather market color and help identify investment opportunities

• Embrace team-first culture and proactively assist investment team as needed

• Collaborate with operations, middle office, and technology to ensure current trading process integrity while continually pursuing innovative solutions

Experience & Skills Qualifications:

• 2+ years of relevant experience in fixed income trading, sales, or investment management, preferably within municipals

• Passion for and interest in financial markets, investments, and macro environment

• Bachelor's degree, preferably within a quantitative field such as finance, economics, mathematics, or computer science

• Knowledge of other fixed income markets a plus

• Understanding of regulatory requirements and market etiquette

• Proficiency with Bloomberg Terminal and Microsoft Office

• Familiarity with Charles River and Perform a plus

• Series 7, 55 & 66 (63 & 65 equivalent) licenses

Compensation Details

The salary range for this role is $90,000-$125,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in New York City. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Neuberger Berman is an equal opportunity/affirmative action employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact ...@nb.com .

Learn about the Applicant Privacy Notice ( .

Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $481 billion in client assets (as of June 30, 2024) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally.

Tenured, stable and long-term in focus, the firm has built a diverse team—including 750-plus investment professionals and more than 2,800 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by Pensions & Investments as the first or second Best Place to Work in Money Management” for last eight consecutive years (firms with 1,000+ employees).

Neuberger Berman believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles.

For important disclosures: