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
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Mesirow Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Mesirow and has not been reviewed or approved by Mesirow.
-
Healthcare Strength — Health coverage includes medical, dental, vision, integrated mental-health services, One Medical membership, and HSA/FSA options with company-paid long-term disability. These offerings, alongside an EAP, indicate a robust healthcare foundation.
-
Parental & Family Support — Family supports include 16 weeks paid leave for birth mothers, adoption and surrogacy assistance, and up to 20 days per year of back-up child and elder care via Bright Horizons. These benefits reflect meaningful support for caregivers.
-
Wellbeing & Lifestyle Benefits — Wellbeing resources include a Lifestyle Spending Account, complimentary Headspace, milestone recognition programs, and a One Medical membership. Together with inclusion initiatives, these enhance overall work-life experience.
Mesirow Insights
Similar Jobs
What We Do
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. To learn more, visit www.mesirow.com and follow us on LinkedIn. Mesirow was also recently named one of the Best Places to Work in Chicago by the Chicago Tribune and one of the Top Places to Work by Crain’s Chicago Business.
