Sales Assistant – Taxable Fixed Income

Join to apply for the Sales Assistant – Taxable Fixed Income role at Loop Capital

Location:

Chicago, Illinois

Full/Part-Time:
Full-Time

FLSA Status:
Exempt

Equal Employment Opportunity Employer

Salary Range: $60,000 - $80,000

Loop Capital is a full-service investment bank, brokerage and advisory firm that provides creative capital solutions for corporate, governmental and institutional entities across the globe. Our reputation for integrity and service - coupled with our track record of success - has allowed us to serve an expanding number of clients from coast to coast. We continue to grow because clients continue to ask us to do more for them, and our uncompromising commitment to excellence means that clients get superior, focused service across our entire platform.

The objective of this entry level position is to ensure the efficient operation of the sales desk by interfacing with senior sales, trading and staff, “Street” counter parties/contacts, and the firm’s institutional client base. This is a step level training role designed as preparation for a full-time taxable sales position, with the required selling proficiencies and responsibilities. The expectation is that the incumbent will build a working knowledge of all fixed income products.

• Assist sales team with disseminating daily trading “runs” to investing clients.
• Provide immediate and/or backup coverage on incoming and outgoing phone calls. Ensure that internal sales colleagues’ and external client inquiries are handled in a timely manner.
• Monitor market information from Bloomberg and Market Axess and other sources to ensure it is disseminated as needed to trading and sales team members.
• Gather, organize and communicate inquiries from sales team and assist in sourcing bonds from portfolios of investing clients and portfolio management counter parties.
• Assist with generating opportunities for revenue growth.
• Provide assistance/back up coverage when the sales team is out the office; monitoring sales inquiries and situations.
• Proficiency with the timely inputting and execution of sales tickets, in accordance with all FINRA regulations and requirements.
• Work with internal and client back office/trade settlement areas to address any issues related to the timely settlement of all taxable fixed income trades.
• Maintain a working knowledge of macro-economic news and trends.

• FINRA certification SIE, Series 7 are required within 90 days of hire and Series 63 is required within nine months of hire.
• Current SIE certification is preferred.

• Bachelor's degree is required. Bachelor’s degree in Business, Finance, Economics, Accounting, Math or Engineering is strongly desired. Work experience/internship in a financial services or investment banking firm is desired but not required.
• Strong communication skills (verbal, written, effective speaker and active listening)
• Ethical; having integrity
• Displays assertive and entrepreneurial behaviors
• Self-starter, highly motivated and works well under pressure
• Basic market and sales acumen
• Client service and relationship building skills
• Organizational, planning and time management skills
• Excellent mathematical and quantitative skills
• Excellent problem solving, detailed and results oriented skills
• Ability to continuously upgrade skills; willingness to be trained and mentored by senior associates
• Ability to read, understand and use economic and analyst research
• Capacity to collaborate and work in a team-oriented environment
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, etc.)
• Willingness to travel