Manager, Securities Trading Underwriting

Bonus Type

Summary

If you are interested in a career in Trading with an industry-leading provider of sophisticated financial solutions, you've come to the right place. Our commitment to you is a positive work environment, a deep connection to our communities, and a focus on putting our clients first. We believe no challenge is too big and no opportunity is too small when we work together to build relationships.

Job Description

This position is primarily responsible for managing the risk of  institutional and retail (BOK Investment Center) fixed income trading activity and ensures compliance with regulations while producing an acceptable return on investment to the bank.  Primary management responsibilities include management of overall risk position in the bank’s trading account, interactive idea generation for sales staff, and ensuring compliance for trading activity.

Team Culture

The trading team works together by discussing market conditions, knowing what yields and spreads are in our products vs other products, knowing what the sales people are actively selling in the market, and knowing the maturity range of the products. Internal communication and partnership, which extend to all trading offices across our footprint, are key to understanding sales and performance. Our camaraderie, shared decision making, and mutual respect for one another are what make us successful.  As stakeholders, team members are encouraged to share their ideas and collaborate often.

How You'll Spend Your Time

• You will provide trading strategies, ideas, and inventory for institutional and retail sales staff; evaluate the risk/reward characteristics of large investments and make appropriate purchase/sale decisions with regard to changing market conditions.
• You will ensure customers are provided sound and timely investment recommendations concerning market trends, suitability, pricing, and timing of transactions.
• You will develop and maintain overall trading strategies and hedge positions for the trading desk; identify, develop, and recommend revisions of internal standards, policies, operating procedures, and new programs to improve efficiency; provide staff with clear and concise written guidelines.
• You will oversee the selection of and maintain relationships with broker/dealers.

Education & Experience Requirements

This level of knowledge is normally acquired through completion of a Bachelor’s Degree in Business, MSRB Series 52 and Series 53 licensing, and 7-10 years fixed income trading experience or 13-16 years equivalent work experience.

• Advanced knowledge of  fixed income securities
• Advanced knowledge of macroeconomics
• Advanced knowledge of financial markets
• Excellent interpersonal and communication skills with the ability to deliver persuasive oral and written reports and projections
• Excellent PC skills including word processing and spreadsheet applications
• Excellent developmental and analytical skills
• Excellent organizational skills with the ability to work under extreme pressures with strict time frames