Muni Sr Trader
The Municipal Fixed Income Senior Trader oversees the purchase and sale of municipal securities on behalf of mutual fund portfolio managers. As a recognized expert in municipal fixed income trading, this position seeks to capitalize on market inefficiencies by creating total return opportunities through relative value trading for clients.

Key Responsibilities and Duties

• Supports portfolio managers with secondary trading by coordinating the execution of orders.
• Helps improve liquidity access for the municipal team through fostering enhanced relationships with trading counterparties
• Identifies opportunities and proposes solutions to improve investment returns.
• Monitors market conditions and portfolio holdings to identify pricing inefficiencies, technical trends, and support trade recommendations.
• Evaluates market information to help reduce impact of price volatility on municipal funds.
• Advises portfolio managers on longer-term strategies for positioning in sectors, structures and issuers.
• Coordinate with research team to identify opportunities across sectors and credits.
• Ensures that all trading processes and documents comply with standard policies.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 5+ Years Required; 7+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
9IC
Should have extensive previous Muni trading experience
Related Skills
Accountability, Analytical Skills, Business Process Improvement, Collaboration, Compliance, Detail-Oriented, Fixed Income Investments, Influence, Negotiation, Relationship Management, Trading Best Execution
Anticipated Posting End Date:
2025-06-15
Base Pay Range: $200,000/yr - $250,000/yr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

Company Overview
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information about the firm please visit our website at
www.Nuveen.com
Benefits and Total Rewards
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our
Benefits Summary
.
Equal Opportunity
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Read more about your rights and view government notices
here
.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email:
accessibility.support@tiaa.org

• Supports portfolio managers with secondary trading by coordinating the execution of orders.
• Helps improve liquidity access for the municipal team through fostering enhanced relationships with trading counterparties
• Identifies opportunities and proposes solutions to improve investment returns.
• Monitors market conditions and portfolio holdings to identify pricing inefficiencies, technical trends, and support trade recommendations.
• Evaluates market information to help reduce impact of price volatility on municipal funds.
• Advises portfolio managers on longer-term strategies for positioning in sectors, structures and issuers.
• Coordinate with research team to identify opportunities across sectors and credits.
• Ensures that all trading processes and documents comply with standard policies