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Fixed Income Abs Trader Jobs (NOW HIRING)

Northern Trust

Fixed Income Trader

Chicago, IL · On-site

Fixed Income Trader The Fixed Income Trader is responsible for executing fixed income transactions in accordance with established guidelines, ensuring fair, accurate, and timely execution and ...

PNC Financial Services Group, Inc.

## Fixed Income Trader - Buy SideApplylocations: PA - Philadelphia (19103)time type: Full timeposted on: Posted Todayjob requisition id: R231058# **Position Overview**At PNC, our people are our greatest ...

PNC

Fixed Income Trader - Buy Side

Philadelphia, PA · On-site

As a Fixed Income Trader within PNC's Asset Management Group organization, you will be based in Philadelphia, PA. As a Fixed Income Trader, you will work with investment team portfolio managers and ...

Northern Trust

Fixed Income Trader

Chicago, IL · On-site

Fixed Income Trader The Fixed Income Trader is responsible for executing fixed income transactions in accordance with established guidelines, ensuring fair, accurate, and timely execution and ...

US Bank

Fixed Income Trader

Harrisburg, PA · On-site

$75K - $89K/yr

Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of ...

Morgan-Stanley

NY · On-site

$225K - $250K/yr

Fixed Income: ABS Lending \- Vice President The Fixed Income Division Securitized Products Group is seeking a Vice President with a minimum of 5+ years of experience in ABS Lending, Capital Markets ...

New

US Bank

Fixed Income Trader

Minneapolis, MN · On-site

$75K - $89K/yr

Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of ...

US Bank

Fixed Income Trader

Philadelphia, PA · On-site

$75K - $89K/yr

Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of ...

U.S. Bank

Fixed Income Trader

Harrisburg, PA · On-site

$75K - $89K/yr

Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of ...

DV Trading

Junior Trader - Fixed Income

Chicago, IL · On-site

We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield, Illinois. This role is built for someone with experience on a relative value trading desk who is ...

DV Trading

Junior Trader - Fixed Income

Chicago, IL · On-site

$80K - $120K/yr

We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield, Illinois. This role is built for someone with experience on a relative value trading desk who is ...

DV Trading

Junior Trader - Fixed Income

Northfield, IL

$80K - $120K/yr

We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield, Illinois. This role is built for someone with experience on a relative value trading desk who is ...

DV Trading

Junior Trader - Fixed Income

Chicago, IL · On-site

$80K - $120K/yr

We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield, Illinois. This role is built for someone with experience on a relative value trading desk who is ...

M&T Bank

Senior Fixed Income Trader

Wilmington, DE

$68K - $114K/yr

The Fixed Income Trader I supports the execution and management of fixed income investment transactions across a variety of markets and asset classes. This role works closely with senior traders ...

M&T Bank

Senior Fixed Income Trader

Wilmington, DE · On-site

$68K - $114K/yr

The Fixed Income Trader I supports the execution and management of fixed income investment transactions across a variety of markets and asset classes. This role works closely with senior traders ...

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Fixed Income Abs Trader information

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$11K

$112.4K

$195.5K

How much do fixed income abs trader jobs pay per year?

As of Sep 14, 2026, the average yearly pay for fixed income abs trader in the United States is $112,369.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,000.00 and $175,000.00 per year, depending on experience, location, and employer.

What is a fixed income ABS trader?

A Fixed Income ABS (Asset-Backed Securities) Trader is a financial professional who specializes in buying and selling asset-backed securities within the fixed income market. These securities are typically backed by pools of financial assets like loans, leases, credit card debt, or receivables. The trader analyzes market trends, manages risk, and executes trades to maximize returns for their firm or clients. They often work closely with sales teams, analysts, and portfolio managers to identify investment opportunities and manage portfolios. This role requires strong quantitative skills, attention to detail, and a deep understanding of fixed income products and market dynamics.

What are the key skills and qualifications needed to thrive as a fixed income ABS trader?

To thrive as a Fixed Income ABS Trader, you need a strong understanding of fixed income markets, particularly asset-backed securities, along with a degree in finance, economics, or a related field. Proficiency in trading platforms (such as Bloomberg), quantitative analysis tools, and relevant regulatory or FINRA certifications is often required. Excellent analytical thinking, risk management, and communication skills help traders make informed decisions and collaborate with colleagues and clients. These competencies are crucial for navigating complex markets, maximizing returns, and managing risk in a fast-paced trading environment.

What are some common challenges faced by fixed income ABS traders when managing risk in a volatile market?

Fixed Income ABS Traders often face the challenge of managing price volatility and liquidity risks, especially during periods of market stress. Since asset-backed securities can be sensitive to changes in interest rates and credit spreads, traders must closely monitor market indicators and adjust their positions accordingly. Effective communication with research analysts and risk management teams is essential to make informed decisions and mitigate potential losses. Additionally, staying updated on regulatory changes and the evolving structure of ABS products is crucial for successful trading.

What are popular job titles related to Fixed Income Abs Trader jobs?

For Fixed Income Abs Trader jobs, the most frequently searched job titles are:

Fixed Income Trader

Chicago, IL • On-site

Northern Trust
See more jobs at Northern Trustexternal

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 6 days ago

Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

Job description

About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Fixed Income Trader
The Fixed Income Trader is responsible for executing fixed income transactions in accordance with established guidelines, ensuring fair, accurate, and timely execution and settlement.
The role requires close monitoring of market conditions, disciplined management of order flow, and effective communication of relevant pricing and market developments to portfolio managers and key stakeholders.
Major Duties:
  • Executes fixed income trades while minimizing market impact and transaction costs.
  • Ensures fair, timely, and unbiased trade execution.
  • Partners with clients and internal stakeholders on investment ideas and strategy implementation.
  • Communicates market developments and pricing impacts to portfolio managers and other stakeholders.
  • Ensures accurate and timely trade settlement in accordance with established controls.
  • Maintains relationships with counterparties to support trading execution and liquidity management.
  • Responds promptly to client, portfolio management, and internal partner inquiries.
  • Maintains knowledge of applicable regulations, industry practices, and trading requirements.
  • Adheres to trading procedures, risk controls, and governance standards.

Qualifications:
  • Preferred: College or University degree.
  • 3-5 yrs prior experience in fixed income trading or a closely related trading role.
  • Strong knowledge of investments, including terminology, instruments, general industry practices, market structures, execution techniques, regulatory environment, and relevant securities laws, typically acquired through on-the-job experience and/or completion of a four-year degree, to support effective fixed income trade execution.
  • Demonstrated ability to assess market events, exercise sound judgment, and make timely decisions in dynamic market conditions.

Preferred Qualifications:
  • FINRA Securities Licenses 7, 52, and 63 required; Series 53 is a plus.
  • Versatility across multiple fixed income products, supporting broader market insight and cross-product collaboration.

#LI-MG1
#Hybrid
Salary Range:
116,100 to 156,700 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.

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