Municipal Trader/ Advisor, Associate Director, Private Client Services /Fixed Income
Bear Stearns & Company, New York, Ny
383 Madison Ave. New York City
- Provided daily execution of municipal securities and in-house investment advice to the firm’s top financial advisors. Reported to the Managing Director of Fixed Income/ Private Client Services.
- Built desk volume from zero to over $700 million in 10 months when firm opened an “As Agent Fee Based Trading Desk.”
- Increased the number of Financial Managers using the “As Agent” desk by 15%.
- Worked closely with the Trading, Middle Office Operations, IT, Compliance departments.
- By ensuring fair execution of trades, avoided customer exodus, retained key brokers, and satisfied compliance standards by establishing reasonable commission rates.
- Regularly interfaced with and executed trades for senior executives including BS Chairman Alan Greenberg, and many of the top financial advisers at Bear Stearns.