Note: Fidelity will not provide immigration sponsorship for this position.
The Role
Fidelity is looking to hire a Municipal Bond Trader to join its Fixed Income Division. The trader will join our municipal bond trading team. The position requires knowledge of fixed income investing and trading, analytical skills, an entrepreneurial approach to solving problems, a commitment to collaboration, and effective communication skills. This is an exciting opportunity to be part of a municipal bond trading team that touches multiple vehicles and strategies (Mutual Funds, ETFs, SMAs, Systematic) The role will require you to apply your market, technical and investment skills to evolve our trading practices and ensure efficient implementation of investment decisions.
The Value You Deliver
Collect, organize, and disseminate market and trading information to the investment team
Work closely with portfolio managers, analysts, and fellow traders construct relative value trade ideas
Maintain strong dealer relationships (sales, trading, and syndicate). Negotiate and execute trades on behalf of our portfolios, achieving best execution for clients
Leverage technical skills to find ways to scale the investment process and execution capabilities in the pursuit of contributing to alpha generation
Keep pace with the evolving market structure to refine our electronic trading approach, strategy, and tactics
Actively work alongside fellow traders, quantitative analysts, and developers in advancing our systematic trading strategies and mechanics
Liaise with Technology, Compliance, Legal, Operations and other internal Fidelity partners to mitigate operational risk and drive process efficiency
Help define the business requirements for enterprise technology applications to be used by the trading team
The Experience and Skills You Bring
Bachelor’s degree required, advanced degree a plus
Demonstrated experience in fixed income investing/trading
Entrepreneurial spirit and enthusiasm for solving complex problems
Ability to work in team environment and be an adaptable self-starter
Strong written and verbal communication skills
The Group
Fidelity’s Fixed Income division is one of the leading managers of bond and money market instruments with over $2 trillion in fixed income assets. The Fixed Income team combines fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to develop investment decisions that stay true to each portfolio’s defined investment mandate, while aiming to maximize risk-adjusted total return for our clients. Our goal is to use our financial expertise to help people achieve their financial goals and live the lives they want. The Fixed Income division is headquartered / located primarily in Merrimack, New Hampshire, one hour north of Boston.
Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
Skills Required
- Bachelor's degree
- Demonstrated experience in fixed income investing/trading
- Entrepreneurial spirit and enthusiasm for solving complex problems
- Ability to work in a team environment and be an adaptable self-starter
- Strong written and verbal communication skills
- Advanced degree
Fidelity Investments Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fidelity Investments and has not been reviewed or approved by Fidelity Investments.
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Strong & Reliable Incentives — Bonuses, commissions, and profit-sharing are presented as generous and meaningful components of total compensation, with certain roles achieving high total earnings through multiple pay streams. Variable pay is consistently framed as a positive contributor beyond base salary.
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Retirement Support — A 401(k) match up to 7% alongside additional profit-sharing up to 10% materially enhances long-term compensation. These retirement features are highlighted as standout strengths of the overall package.
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Parental & Family Support — Generous paid parental leave (16 weeks maternity, 12 weeks parental), backup dependent care, and adoption assistance provide robust family support. Hybrid work and caregiving resources further ease family responsibilities.
Fidelity Investments Insights
What We Do
At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products. Privately held for nearly 70 years, we’ve always believed by providing investors with access to the information and expertise, we can help them achieve better results. That’s been our approach- innovative yet personal, compassionate yet responsible, grounded by a tireless work ethic—it is the heart of the Fidelity way.
