How To Become A Bond Broker: What It Is and Career Path - Zippia (2024)

Key steps to become a bond broker

1. Explore bond broker education requirements

   If you're interested in becoming a bond broker, you must consider how much education you need. Based on real bond broker resumes, 83.2% of bond brokers have a bachelor's degree. Regarding higher education levels, 6.8% of bond brokers have master's degrees. Even though most bond brokers have a college degree, it's impossible to become one with only a high school degree or GED.

   Most common bond broker degrees

   Bachelor's

   83.2

   %

   Master's

   6.8

   See Also

   What Does it Mean to Be Bonded? | NFPWhat Is a Broker-Dealer? Two Types, What They Do, and RegulationHow to Buy Bonds: A Step-by-Step Guide for Beginners - NerdWalletHow to Select a Surety Broker | Oswald Companies

   %

   Associate

   5.8

   %

2. Start to develop specific bond broker skills

   Bond brokers use a range of skills to succeed in their roles. They broker mortgage-backed rolls, swaps, and CMOs, manage and maintain account relationships, and execute corporate bond trades while providing market information continuously. They also mentor junior traders, perform institutional equity sales, and use CRM tools to provide exceptional customer service. In addition, they research treasury bills, review in-house trading processes, conduct informative seminars, and promote business development and account management. Finally, they sponsor NASD certification exams, market bond products, and perform ad-hoc financial analysis and portfolio forecasting.

   Skills	Percentages
   Bonds	26.57%
   Securities	11.78%
   Fixed Income	10.67%
   Treasury	8.68%
   Portfolio	5.68%

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3. Complete relevant bond broker training and internships

   Accountants spend an average of 3-6 months on post-employment, on-the-job training. New bond brokers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a bond broker based on U.S. Bureau of Labor Statistics data and data from real bond broker resumes.

4. Research bond broker duties and responsibilities

   Bond brokers execute trades for broker/dealers, manage service trading accounts, and suggest trade ideas to clients. They also research and analyze market data to aid in trading decisions. They handle corporate investment grade single name cds presence and promote optimal support to key accounts with the execution of trading orders. They also discuss market data and conditions with customers, conduct informative seminars, and mentor junior traders.

   • Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
   • Track equities of convertible issues for identification of arbitrage opportunities.
   • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
   • Execute large volume of retail orders (OTC, list and add lots).

5. Prepare your bond broker resume

   When your background is strong enough, you can start writing your bond broker resume.

   You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a bond broker resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

   Choose From 10+ Customizable Bond Broker Resume templates

   Build a professional

   Bond Broker

   resume in minutes. Browse through our resume examples to identify the best way to word your resume.

   Then choose from 10+ resume templates to create your Bond Broker resume.

   

   

   

   See Also

   Benefits of Bank Fronted Surety Bonds | Travelers Insurance

   

   

   

   

   

   

6. Apply for bond broker jobs

   Now it's time to start searching for a bond broker job. Consider the tips below for a successful job search:

   1. Browse job boards for relevant postings
   2. Consult your professional network
   3. Reach out to companies you're interested in working for directly
   4. Watch out for job scams

How do bond brokers rate their job?

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.