Assistant Execution Trader Jobs (NOW HIRING)

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

The Securities Trader role is responsible for all aspects of trading in Old National Wealth Management investment portfolios. There are multiple trading positions divided between Stocks/Equity, Municipal Bonds, and Government and Corporate securities. All traders work closely with Portfolio Managers, Wealth Advisors, and certain customers by providing guidance and expertise within the Fixed Income and Equity markets.

Salary Range

The salary range for this position is $62,300 - $122,400 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

Trade Evaluation and Execution:

Provide accurate and efficient execution of trades
• Possess the skills to evaluate fixed income securities and their suitability for individual portfolios, including the ability to leverage trading relationships to assist Portfolio Managers and Wealth Advisors in managing the assets of the firm.
• Provide support to Portfolio Managers and Wealth Advisors by assisting with planning changes to client portfolios based on currents needs and/or market conditions.

Skills, Research, and Account Responsibilities:

• Develop a broad understanding of the trading function with a solid awareness of the types of trades within each security type and the ability to understand financial data.
• Maintain a proficient knowledge of the technology utilized for trading and account management
• Participate as a contributing member of the fixed income research and strategy team.
• Manage accounts that require singular security types while maintaining an understanding of the account strategy.

Critical Thinking and Problem Solving

• Demonstrate the ability for critical thinking and problem solving along with the ability to multi-task
• Respond intuitively to resolving trading issues and settlement problems by using skills obtained through experience

Qualifications and Educational Requirements

• Bachelor's Degree in Finance or related field
• 1 to 3 years of related securities or fixed income trading experience (Job level will depend on experience level. Security Trader I requires less than 1 year experience; Security Trader II requires 1-3 years of related experience.)
• Technology experience:
  • Proficiency with Bloomberg is required
  • Proficiency with Excel is required
• Possess strong organization skills with a proficiency for attention to detail

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.

Join our team!