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Fixed Income Associate Jobs in Illinois (NOW HIRING)

Fixed Income Senior Associate

Chicago, IL ยท Hybrid

$65K - $100K/yr

Executes fixed income trades efficiently while minimizing market impact and transaction costs. * Ensures trade orders are executed fairly and equitably, including prompt execution without bias toward ...

Fixed Income Senior Associate

Chicago, IL ยท Hybrid

$65K - $100K/yr

Executes fixed income trades efficiently while minimizing market impact and transaction costs. * Ensures trade orders are executed fairly and equitably, including prompt execution without bias toward ...

Client Service Associate

Chicago, IL ยท On-site

$26.27 - $28.27/hr

Client Service Associate - Fixed Income Our client, a large financial services company, is seeking a Client Service Associate - Fixed Income for a 12+ month contract assignment in Chicago, IL. Hybrid ...

Client Services Associate

Naperville, IL ยท On-site

$70K - $90K/yr

Who We Are Investortools has been a leader in fixed-income technology for over four decades ... What You'll Do As a Client Services Associate, you'll immerse yourself in the world of fixed-income ...

WhoWe Are Investortoolshas been a leader in fixed-income technology for over four decades ... WhatYou'llDo As a Client Services Associate,you'llimmerse yourself in the world of fixed-income ...

Client Services Associate

Naperville, IL ยท On-site

$70K - $90K/yr

Who We Are Investortools has been a leader in fixed-income technology for over four decades ... What You'll Do As a Client Services Associate, you'll immerse yourself in the world of fixed-income ...

AIM is seeking an Operations Associate -Trade Analyst to support the operational and service needs ... and fixed income trade away processes. * Coordinate with third party managers to resolve trade ...

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Fixed Income Associate information

See Illinois salary details

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$15

$28

How much do fixed income associate jobs pay per hour?

As of Jul 3, 2026, the average hourly pay for fixed income associate in Illinois is $15.65, according to ZipRecruiter salary data. Most workers in this role earn between $13.03 and $16.78 per hour, depending on experience, location, and employer.

What jobs make $1,000,000 a year?

Fixed Income Associates typically do not earn $1,000,000 annually; such high compensation levels are usually found in senior roles like hedge fund managers, private equity partners, or investment bankers at the highest levels, often involving significant bonuses, profit sharing, or ownership stakes. These roles require extensive experience, strong performance, and advanced financial skills, often complemented by advanced degrees and certifications such as the CFA or MBA.

What is the difference between Fixed Income Associate vs Equity Research Associate?

AspectFixed Income AssociateEquity Research Associate
Required CredentialsBachelor's degree, often CFA Level I or IIBachelor's degree, often CFA Level I or II
Work EnvironmentBond markets, fixed income securities, investment banks, asset managersStock markets, equity securities, investment banks, asset managers
Employer & Industry UsageFinancial institutions focusing on bonds and debt instrumentsResearch firms, investment banks analyzing stocks
Common Search & ComparisonYesYes

The main difference between a Fixed Income Associate and an Equity Research Associate lies in the securities they analyze and their work focus. Fixed Income Associates specialize in bonds and debt instruments, working primarily in bond markets and related financial institutions. Equity Research Associates focus on stocks and equity securities, analyzing companies' stock performance. Both roles require similar educational backgrounds and certifications, but their industry focus and daily tasks differ significantly.

What does a Fixed Income Associate do?

A Fixed Income Associate is responsible for supporting the management, analysis, and trading of fixed income securities such as bonds and other debt instruments. They assist portfolio managers and traders by conducting market research, analyzing credit risk, managing data, and preparing reports on market trends and investment strategies. Their role is crucial in ensuring effective investment decisions and maintaining compliance with regulatory requirements. Fixed Income Associates often work for investment banks, asset management firms, or other financial institutions.

What professions make $500,000 a year?

Fixed Income Associates in finance can earn $500,000 or more annually, especially with bonuses and experience. High-paying roles in investment banking, private equity, hedge funds, and senior executive positions also reach or exceed this level, often requiring advanced skills, certifications, and long hours.

What is a fixed income job?

A fixed income associate is a finance professional who specializes in managing and analyzing debt securities such as bonds and other fixed income instruments. They evaluate credit risk, market conditions, and interest rate trends to support investment decisions and portfolio management. Strong analytical skills and knowledge of financial markets are essential for this role.

How hard is it to get an IB job?

Securing a Fixed Income Associate position in investment banking is competitive and typically requires strong academic credentials, relevant internship experience, and technical skills such as financial modeling. Candidates often face a rigorous interview process that assesses their analytical ability, industry knowledge, and fit for the team.

What are the key skills and qualifications needed to thrive as a Fixed Income Associate, and why are they important?

To thrive as a Fixed Income Associate, you need strong analytical skills, a solid understanding of financial markets and securities, and typically a degree in finance, economics, or a related field. Familiarity with Bloomberg Terminal, Excel modeling, and relevant certifications such as CFA Level I or II are commonly required. Attention to detail, effective communication, and the ability to work under pressure help candidates excel in this role. These competencies are essential for accurately assessing risk, supporting investment decisions, and maintaining efficient trading and portfolio management processes.

What are some common challenges Fixed Income Associates face when analyzing market trends, and how can they address them?

Fixed Income Associates often encounter the challenge of interpreting complex and rapidly changing market data, especially during periods of economic uncertainty. Staying updated with macroeconomic indicators, interest rate movements, and credit risk developments is crucial. Collaborating closely with senior analysts and portfolio managers helps in gaining different perspectives and refining analytical approaches. Utilizing advanced analytics tools and maintaining strong communication within the team can help address these challenges and improve investment recommendations.
What job categories do people searching Fixed Income Associate jobs in Illinois look for? The top searched job categories for Fixed Income Associate jobs in Illinois are:
What cities in Illinois are hiring for Fixed Income Associate jobs? Cities in Illinois with the most Fixed Income Associate job openings:
Fixed Income Senior Associate

Fixed Income Senior Associate

hightower

Chicago, IL โ€ข Hybrid

$65K - $100K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 24 days ago


Job description

Our Story

Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightowerโ€™s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their financial vision. Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).

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What Youโ€™ll Do

  • Executes fixed income trades efficiently while minimizing market impact and transaction costs.
  • Ensures trade orders are executed fairly and equitably, including prompt execution without bias toward originating source.
  • Partners with advisors and internal stakeholders on idea generation and strategy implementation.
  • Communicates relevant market information and developments impacting securities prices to portfolio managers and other appropriate parties.
  • Ensures accurate and timely settlement of all trades in accordance with established procedures and controls.
  • Maintains active relationships with street counterparties to support effective fixed income trading and liquidity management.
  • Responds to client, portfolio management, and internal partner inquiries in a timely and professional manner.
  • Maintains current knowledge of applicable rules, regulations, and industry best practices governing investments and trading.
  • Adheres to established trading procedures, risk controls, and governance protocols.
  • Continues to enhance knowledge of markets, products, and trading tools to support effective execution and decision-making.

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What Youโ€™ll Bring ย ย ย ย ย ย 

  • Bachelor's degree or equivalent experience
  • Active FINRA Series 7 & 66
  • 3+ years' experience in brokerage/financial services industry
  • Fixed Income knowledge in Municipals, Corporates, Agencies, Treasuries, MBS, and CDs
  • Strong knowledge of brokerage/financial services industry, including custodians (Pershing, Schwab, Fidelity)
  • Experience with using vendor applications and market data services (Bloomberg, Factset, Excel API)

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What We Offer

  • Coverage on the first day of employment for medical, dental, and vision insurance
  • Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
  • Motherโ€™s lounge onsite
  • Flexible PTO plan
  • In-office Monday through Thursday and work from home on Fridays
  • Free brand-new gym in the Chicago office
  • 401k matching plan
  • HSA employer contributions
  • Student loan assistance
  • Pet insurance
  • Base salary of $65,000-$100,000 plus discretionary bonus (exact base salary amount will be dependent on experience)

AN EQUAL OPPORTUNITY EMPLOYER: Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.

You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.

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