ZipRecruiter

Log In

1

Fixed Income Associate Jobs in Illinois (NOW HIRING)

Oaktree

Associate

Chicago, IL · On-site

Responsibilities The Associate position within Trade Operations serves as a critical operational ... allocation of fixed income, equity, and bank debt transactions across a diverse portfolio of ...

Clearwater Analytics

Lead LP Associate

Chicago, IL · On-site

$62K - $85K/yr

The Lead LP Associate is responsible for managing relationships with Limited Partners (LPs) and ... and fixed income. * Experience with relational database principles and SQL querying preferred.

Clearwater Analytics

Lead LP Associate

Chicago, IL

$62K - $85K/yr

The Lead LP Associate is responsible for managing relationships with Limited Partners (LPs) and ... and fixed income. * Experience with relational database principles and SQL querying preferred.

Quanta Search

Quantitative Trader

Chicago, IL · On-site

S., Canada, Europe, and Asia, they trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. The Team: You will join a ...

SS&C

Associate Manager, Fund Accountant

Chicago, IL

Associate Manager. Fund Accountant/Lead Fund Accountant Location: Denver, CO; Chicago, IL; Dallas ... Fixed Income, and Derivative Investments * Desire for leadership * Experience with mutual fund ...

next page

Showing results 1-20

All JobsFixed Income Associate JobsFixed Income Associate Jobs in Illinois

Fixed Income Associate information

See Illinois salary details

$7

$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 are popular job titles related to Fixed Income Associate jobs in Illinois? For Fixed Income Associate jobs in Illinois, the most frequently searched job titles are:
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 Associate jobs near you
Associate

Associate

Oaktree

Chicago, IL • On-site

Full-time

Posted 7 days ago

Job description

Oaktree is a leader among global investment managers specializing in alternative investments, with over $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, private equity, real assets, and listed equities. The firm has over 1500 employees and offices in 25 cities worldwide.
We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.
For additional information please visit our website at www.oaktreecapital.com.
Responsibilities
The Associate position within Trade Operations serves as a critical operational partner to both the Oaktree and Brookfield PSG investment teams, providing comprehensive end-to-end trade processing support across both business lines. The candidate will be responsible for ensuring all trade activity is entered, allocated, confirmed, communicated, and settled with accuracy and timeliness in accordance with established standards. In addition to day-to-day operational execution, this role carries strategic responsibility for leading initiatives to enhance straight-through processing (STP) capabilities, streamline operational workflows, and evaluate technology-driven solutions that support the ongoing integration of Oaktree and Brookfield PSG operations. The position will collaborate cross-functionally and partner closely with the technology team to design, develop specifications, test, and deliver new system functionality and enhancements.
  • Serve as the primary trade operations point of contact for multiple Oaktree credit strategies, encompassing the staging, booking, and allocation of fixed income, equity, and bank debt transactions across a diverse portfolio of accounts, funds, and special purpose vehicles, in strict adherence to allocation guidelines established by the respective Portfolio Management and Trading teams;
  • Deliver dedicated operational support across Brookfield PSG trade processing workflows, while actively contributing to strategic integration initiatives aimed at harmonizing trade operations processes and systems across the Oaktree and Brookfield PSG business lines;
  • Facilitate proactive communication and issue resolution across traders, accounting, reconciliation teams, and other key stakeholder groups to address and remediate trade processing discrepancies in a timely and effective manner;
  • Monitor trade lifecycle activity to ensure timely communication of trade details to external counterparties, custodians, and downstream systems, maintaining full compliance with applicable deadlines and settlement obligations;
  • Manage the end-to-end processing of bespoke and privately negotiated settlement transactions, coordinating with all relevant parties to ensure accurate and timely completion;
  • Lead the resolution of escalated settlement failures and exceptions through direct engagement with custodians, counterparties, and internal teams
  • Champion and drive continuous improvement initiatives to increase straight-through processing (STP) rates across both Oaktree and Brookfield PSG, identifying operational inefficiencies and implementing scalable solutions that support the combined organization's growth objectives;
  • Adhere to and reinforce established escalation protocols to ensure operational risks and exceptions are surfaced, communicated, and resolved in accordance with firm policies and risk management standards;
  • Provide cross-coverage and operational support for team members as required, ensuring continuity of trade processing functions across both Oaktree and Brookfield PSG business lines without disruption to service levels;
  • Partner with the technology team to define business requirements, design functional specifications, and participate in the development, testing, and deployment of new system capabilities and platform enhancements that support trade operations across both business lines;
  • Author and maintain comprehensive operational procedures and workflow documentation, and provide structured training and knowledge transfer to team members as processes evolve or new responsibilities are onboarded;
  • Cultivate and maintain effective working relationships with a broad network of internal and external stakeholders, including investment teams, technology, finance, compliance, custodians, and counterparties, fostering a collaborative environment that supports operational excellence across the firm.

Experience Required:
  • A minimum of 6 years of relevant investment operations experience, with demonstrated expertise across derivative instruments, collateral management, regulatory reporting, and multi-asset trade settlement processes;
  • Proven experience working with industry-standard trade utilities, matching platforms, and communication protocols, including CTM, ALERT, SWIFT, FIX, and VCON, as well as familiarity with relevant market agreements and regulatory frameworks;
  • Strong quantitative and analytical capabilities, with the ability to assess complex operational data, identify trends and root causes, and recommend and implement data-driven process improvements.

Personal Attributes:
  • Exceptional interpersonal, verbal, and written communication skills, with the ability to convey complex operational concepts clearly and effectively to both technical and non-technical audiences;
  • Highly motivated self-starter with a strong sense of initiative and a demonstrated track record of operating independently, exercising sound judgment, and delivering results with minimal oversight;
  • Demonstrated ability to manage and prioritize multiple concurrent responsibilities in a fast-paced, time-sensitive environment, maintaining accuracy and composure under pressure;
  • Adaptable and collaborative team player who leads with integrity and professionalism, and thrives in a dynamic, cross-functional environment spanning multiple business lines and organizational teams.

Education:
A bachelor's degree is required.
In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.
Equal Opportunity Employment Policy
Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.
For positions based in Los Angeles
For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.

Apply