Investment Grade Credit Trader (Chicago)

Siebert Williams Shank (SWS) is conducting a search for an experienced Investment Grade Credit Trader with deep expertise in electronic trading platforms (MarketAxess, TradeWeb, Bloomberg ALLQ) to join its growing taxable fixed income desk.

The ideal candidate will have 5+ years of experience trading IG corporate bonds, with a track record of managing risk, recycling balance sheet, and leveraging ECN platforms to capture liquidity and client flow. This is a technology-driven role, with the mandate to help scale the desk's trading capabilities and improve electronic market-making.

Responsibilities

• Trade investment grade corporate bonds and selectively in HY, XO, and hybrids/preferreds.
• Provide consistent two-way markets and recycle balance sheet capacity.
• Leverage MarketAxess, TradeWeb, ALLQ, and EMS/data tools to enhance speed, pricing, and execution.
• Engage with hedge funds, asset managers, insurance portfolios, and mid-tier accounts.
• Partner with sales and syndicate to provide pricing intelligence, secondary support, and client feedback.
• Contribute to process improvements and technology build-out for electronic trading.

Qualifications

• FINRA Series 7 and 63 required.
• Minimum 5 years of relevant IG credit trading experience.
• Deep working knowledge of ECN platforms (MarketAxess, TradeWeb, Bloomberg ALLQ).
• Strong risk management skills and ability to manage a balance sheet in size.
• Experience covering both Tier 1 and middle-market institutional clients.
• Collaborative, entrepreneurial, and capable of building scalable trading processes.

We are committed to fair pay. At SWS, we are committed to fair, transparent pay and strive to provide competitive, market-informed compensation. The target total fixed compensation range for this position is $150,000 - $200,000. Compensation for the successful candidate will be determined by the candidate's particular combination of knowledge, skills, competencies and experience. This position is also eligible for a discretionary bonus.

SWS empowers talented and highly motivated individuals to thrive independently and collectively. We offer a competitive compensation package, an inclusive working environment and exceptional employee benefits. Our benefit program is designed to provide employees and their dependents with support in maintaining health and financial protection.

The Company

Siebert Williams Shank is an independent, non-bank financial services firm that offers investment banking, sales and trading, research, advisory, and asset management services. SWS is majority women-owned and majority minority-owned. We serve a broad spectrum of clients, including corporations, governments, municipalities and institutional investors. We have 140+ employees, multiple offices nationwide with dual headquarters in NYC and Oakland and have a 25+ year track record built on integrity, partnership and impact. To learn more about us, visit