Career Opportunities at Mischler Financial Group

Established in 1994, Mischler Financial Group is the securities industry’s oldest diversity-certified broker-dealer that is owned and operated by service-disabled-veterans (“SDVs”). In addition to our SDVOBE certification, Mischler is also MBE certified.

If you have navigated our website, you will have concluded that our core competencies include investment banking / underwriting services for primary debt and equity capital market transactions, and better execution for institutional clients focused on domestic and international equities, corporate share repurchase (10b-18), fixed-income products, FX, and rates trading. In partnership with world’s leading asset manager, we also provide cash management solutions for corporations and asset managers.

We currently have career opportunities* in the following areas (described further below):

Institutional Fixed Income Sales/Trading (Senior and Junior)
Institutional Equity Sales/Trading (Senior and Junior)
Debt Capital Markets Analyst
Trading Desk Assistant (Rates / FX)

*Mischler Financial Group is an Equal-Opportunity Employer; Hiring Priority Given to Military Veterans and/or Military Reservists who offer comparable qualifications to other candidates.

INTERESTED CANDIDATES ARE TO SEND COVER LETTER & CV TO [email protected]

Institutional Fixed Income Sales/Trader (Senior and Junior Roles) Stamford CT, NYC, Boston, Irvine, CA

Qualifications:

Minimum 3-5 years of related institutional fixed-income sales or trading (IG Corporate, Municipal Bonds, MBS, Structured Products, Rates)
Fluency primary DCM syndicate and sales processes; secondary fixed income sales and trade execution
An established set of verifiable clients and/or client references
Demonstrated track record for successfully prospecting, cultivating, and managing new institutional asset management and or public pension fund relationships
Ability to hit the ground running
Exceptional client-facing, written, and verbal communication skills
Willingness to travel in the course of engaging with clients.
Fluency in using Bloomberg and electronic trade execution platforms
Accomplished in using MS Office applications, including Excel, Word, PowerPoint
Series 7 & Series 63

Compensation

Commensurate with Experience. Can include base + commission, draw vs. commission.

INTERESTED CANDIDATES ARE TO SEND COVER LETTER & CV TO [email protected]

Institutional Equities Sales / Trader (Senior and Junior Roles) Stamford, CT, NYC, Boston, Irvine, CA

Qualifications

Minimum 2 years for Junior Role; Minimum 5 years for Senior Role
Prior roles can include buy-side or sell-side
Verifiable References
Domain Expert in best practices re: trade execution in US Equities and/or International Equities; ETFs
Fluent in using spectrum of electronic trade execution platforms
You are a Team Player and thrive in team-focused organizations that put the interests and the needs of the client/customer first.
Established book of business; you can hit the ground running.
Superior client facing, written and verbal skills
You are an equities market aficionado; fluent in the elements that move stock prices, technical analysis, block trading, algorithmic trading applications, better execution techniques, and the nuances between institutional asset managers and hedge fund managers
You professional aspiration is to continuously create and maintain mutually beneficial relationships with clients/customer and co-workers.
Series 7 & Series 63 Licenses

Compensation

Commensurate with Experience (can include base + commission, draw vs. commission)

INTERESTED CANDIDATES ARE TO SEND COVER LETTER & CV TO [email protected]

Debt Capital Markets Analyst (Stamford, CT)

Responsibilities

Support Debt Capital Markets (IG Corporate, Municipal, Structured Products) in the front office in a primary and backup capacity, auxiliary support to Fixed Income Syndicate, Sales, and Trading.

Essential Duties:

Assist capital markets team on all deal-related responsibilities, including but not limited to:
Organizing and assisting the development and production of client presentations
Administering the completion of RFIs (as requested by Corporate and Municipal Debt Issuers
Building and Analyzing Financial Models
Monitor front-to-back trade flow, ensure all orders/trades are captured properly; reconcile trades in a timely and accurate manner; book, report, and confirm new trades
Assist in resolving trade discrepancies
Adhere to and refine internal processes to route customer/client queries to internal departments for timely resolution
Assist in the creation and maintenance of the firm’s marketing materials

Requirements / Qualifications

Bachelor’s Degree (Finance/Accounting or related study areas)
0-3 years of related experience
Knowledge of corporate finance
Strong Analytical Skills
Proficiency in MS Excel, MS Powerpoint
Experience in Python or R
Basic knowledge of Bloomberg
Familiarity with macroeconomics, econometrics, statistics (time series)
Superior interpersonal skills; ability to work within a highly-driven team environment

Compensation

Base Salary $45,000-$85,000 (commensurate with experience) + Bonus + Benefits

INTERESTED CANDIDATES ARE TO SEND COVER LETTER & CV TO [email protected]

Trading Desk Assistant

Description:

Primary Support to Rates Trading Desk, Secondary Support to Debt Capital Markets

In this role, you will be primarily embedded on the firm’s FICC trading desk and interface with and support a team of traders and sales traders

• You will have the opportunity to learn about the products our customers trade from those around you and will serve as a key piece to ensuring a smooth and expeditious flow of information between our traders & sales traders, our customers, exchanges, clearing firms, and compliance teams

• Your role is integral to the success of our desk as our traders rely on you to maintain accurate trade positions and profit and loss (PnL) reports as well as to help ensure seamless communication between market participants

• Field phone calls from internal traders

• Execute orders per the request of traders

• Compile/reconcile data from electronic trades

• Examine electronic transactions generated from the clearing firm(s)

• Resolve erroneous and broken trades

• Assist with maintaining position, PnL and information exchange

• Act as liaison between desk traders, customers, and outside dealers, traders or brokers

Qualifications

Minimum of two (2) years of experience in a support capacity, ideally on a trading desk or exchange floor

Possession of the SIE and Series 57, or the ability to obtain the license within 4 months of hire, required

Excellent communication skills, both oral and written, critical

Proven ability to work in a fast-paced, team environment, meet deadlines, and work well under pressure

High School Diploma, or equivalent, required

Ability to be onsite in our Stamford, CT office five (5) days per week

COMPENSATION : $40,000-$60,000 (subject to experience); Bonus + Benefits

INTERESTED CANDIDATES ARE TO SEND COVER LETTER & CV TO [email protected]

Operations Associate / Irvine, CA co-HQ

Description/Responsibilities:

Primary Support to Director of Trade Operations

- FX – Upload FX trades and reconciling with clearing firm
- Fixed Income – Allocating trades and addressing any discrepancies
- Options – Upload trade activity and add to client folders
  - Report to accounting – monthly confirmations
- Settlement and Clearing: Coordinate trade settlement activities with clearing agents and counterparties to ensure timely and accurate settlement of transactions in accordance with industry regulations and best practices.
- Account Maintenance: Manage client accounts and account documentation, including account openings, updates, and closures, while ensuring compliance with regulatory requirements and internal policies.
- Regulatory Compliance: Assist in maintaining compliance with Anti-Montey Laundering (AML) and Customer Due Diligence (CDD) procedures.
- Client Servicing: Provide exceptional service to clients by promptly addressing inquiries, resolving issues, and proactively communicating updates related to trade execution and account activity.
- Soft Dollar / CSA: Maintain records of soft dollar and CSA amounts for clients. Reconcile with clients and or aggregators. Work with Accounting Dept to coordinate payments.

Qualifications / Requirements

Bachelor’s degree
Required FINRA licenses: SIE, 7, and 63
Minimum of 3 years’ experience within the broker-dealer industry or financial services sector.
Advanced proficiency in Microsoft Excel
Moderate proficiency in
- - Word
  - Outlook
  - Access
  - Bloomberg TOMS
  - Moderate proficiency in:
- Excellent verbal and written communication skills.
- Ability to respond promptly, organize tasks, manage time, and prioritize requests.

Attention to detail and follow-through skills

COMPENSATION : $65k-$75k (subject to experience); Bonus + Benefits*

401(k)
Medical
Dental
Vision
Life Insurance
Employee Assistance Program (EAP)

INTERESTED CANDIDATES ARE TO SEND COVER LETTER & CV TO [email protected]

Credit Manager / Compliance Analyst Irvine, CA co-HQ

Description

Reporting to Mischler’s Chief Compliance Officer, you will assess potential clients’ creditworthiness, conduct reviews of existing customers, and develop enhanced procedures for assessing risk. Additional responsibilities may include trade surveillance, new account on-boarding, and CAT (Consolidated Audit Trial) and CAIS (Customer and Account Information System) reporting.

The ideal candidate will understand regulatory requirements, and trade surveillance, and have experience with account onboarding procedures including credit assessment.

Credit Manager Responsibilities

Assess the creditworthiness of new and existing customers by analyzing financial statements, credit reports, and other relevant information.
Monitor and review customer credit accounts regularly to identify potential risks or credit limit adjustments.
Develop and implement credit risk management strategies and policies.
Identify and analyze trends and patterns related to credit risk and provide recommendations for mitigating potential risks.

Compliance Analyst Responsibilities

Trade Surveillance: Conduct comprehensive trade surveillance activities to monitor and detect potential violations of regulatory requirements, market abuse, and insider trading. Utilize advanced surveillance tools to analyze trading activity and identify suspicious patterns or anomalies.
CAT Reporting: Generate and submit accurate and timely CAT reports. Collaborate with third party service providers to ensure data accuracy, completeness, and integrity.
CAIS Reporting: Prepare and upload new accounts to the service provider portal for transfer to the FINRA website. Validate accuracy of information reported

Position Requirements

Required FINRA licenses: SIE, 7, and 63
Optional FINRA licenses: 24 and 14
Proficiency in:
- Microsoft Excel
- Word
- Outlook
- CAT and CAIS
- Access
- Instinet, Bloomberg TOMS & CMGR
Excellent verbal and written communication skills.
Ability to respond promptly, organize tasks, manage time, and prioritize requests.
Attention to detail and follow-through skills.

Qualifications

Bachelor’s degree in finance, business administration, or a related field.
Advanced degree or professional certification preferred but not required.
Minimum of 5 years of experience in credit monitoring and compliance roles within the broker-dealer industry or financial services sector.
Comprehensive knowledge of securities regulations, including SEC, FINRA, CAT, CAIS, and margin reporting requirements.
Excellent analytical skills with the ability to interpret complex data sets and identify trends, patterns, and anomalies.
Ability to work independently and collaboratively in a fast-paced and dynamic environment, with a commitment to professionalism, integrity, and ethical conduct.

COMPENSATION : $75k-$90K (subject to experience); Bonus + Benefits*