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Fixed Income Broker Jobs in Chicago, IL (NOW HIRING)

DRW

Trading Application Specialist

Chicago, IL · On-site

$150K - $200K/yr

S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs ... and broker connectivity, and helps track operating expenses * Help synthesize, document and ...

Alpaca

Director of Engineering, Trading

Chicago, IL

Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. Amongst our subsidiaries, Alpaca is a ...

IMC

Legal Counsel

Chicago, IL · On-site

$200K - $250K/yr

Lead negotiations across all prime brokerage and OTC derivatives documentation including ISDA ... fixed income, options, futures, and derivatives * Collaborate with Risk, Treasury, and business ...

StrategiQly

Product Operations Engineer

Chicago, IL

... than broker incentives. Their mission is to help advisors reduce their clients' risk through ... Knowledge of derivatives, structured notes, or fixed income * Background at a finance firm, an AI ...

IMC

Legal Counsel

Chicago, IL · On-site

$200 - $250/hr

Lead negotiations across all prime brokerage and OTC derivatives documentation including ISDA ... fixed income, options, futures, and derivatives * Collaborate with Risk, Treasury, and business ...

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Showing results 41-60

All JobsFixed Income Broker JobsFixed Income Broker Jobs in Chicago, IL

Fixed Income Broker information

See Chicago, IL salary details

$26.3K

$68.7K

$120.5K

How much do fixed income broker jobs pay per year?

As of Aug 19, 2026, the average yearly pay for fixed income broker in Chicago, IL is $68,687.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,400.00 and $77,300.00 per year, depending on experience, location, and employer.

What is a fixed income broker?

A Fixed Income Broker is a financial professional who facilitates the buying and selling of fixed income securities, such as government and corporate bonds, for clients. These brokers act as intermediaries between buyers and sellers, helping investors access fixed income markets and execute trades efficiently. They provide market insights, pricing information, and execute transactions on behalf of institutional or individual clients. Fixed income brokers play a crucial role in ensuring liquidity and fair pricing in the bond market.

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

To thrive as a Fixed Income Broker, you need a deep understanding of financial markets, fixed income products, and typically a bachelor's degree in finance or a related field, often supported by regulatory licenses such as FINRA Series 7 and 63. Familiarity with trading platforms, market data terminals like Bloomberg or Reuters, and CRM systems is essential. Strong negotiation, relationship-building, and communication skills help brokers excel in client interactions and deal-making. These skills and qualifications are crucial for navigating complex financial products, building client trust, and achieving successful transactions in a competitive market.

What are some common challenges faced by fixed income brokers, and how can they be addressed?

Fixed Income Brokers often face challenges such as navigating volatile market conditions, managing client expectations, and staying compliant with regulatory changes. To address these challenges, brokers need to maintain strong market awareness, build robust communication skills, and stay updated on industry regulations. Regular training, leveraging advanced trading platforms, and fostering strong relationships with clients and colleagues can help brokers succeed in this dynamic environment.

What is the difference between Fixed Income Broker vs Bond Trader?

AspectFixed Income BrokerBond Trader
CredentialsSeries 7, Series 63/66, relevant finance certificationsSeries 7, Series 63/66, finance certifications
Work EnvironmentClient-facing, sales-oriented, brokerage firmsTrading desks, investment banks, hedge funds
Industry UsageFacilitates client transactions, provides market adviceExecutes bond trades, manages portfolios

Both Fixed Income Brokers and Bond Traders require similar certifications and often work within the finance industry. However, Fixed Income Brokers primarily focus on client interactions and facilitating bond transactions, while Bond Traders are more involved in executing trades on trading desks and managing investment portfolios. Understanding these differences helps job seekers identify the right career path in the fixed income market.

How much do fixed income brokers make?

Fixed income brokers typically earn a base salary that ranges from $50,000 to $100,000 annually, with total compensation often exceeding $150,000 when including commissions and bonuses. Earnings can vary based on experience, performance, and the size of the firm, with top performers earning significantly more. Strong knowledge of financial markets and sales skills are important for success in this role.

Is fixed income a good career?

Fixed income brokerage is a specialized finance career involving trading and advising on debt securities such as bonds. It requires strong analytical skills, market knowledge, and often a series of certifications like the Series 7 and Series 63. The field offers opportunities for high earning potential and career advancement but can be competitive and demanding in terms of workload and market volatility.

What are popular job titles related to Fixed Income Broker jobs in Chicago, IL?

For Fixed Income Broker jobs in Chicago, IL, the most frequently searched job titles are:

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The top searched job categories for Fixed Income Broker jobs in Chicago, IL are:

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Cities near Chicago, IL with the most Fixed Income Broker job openings:

Fixed Income Broker jobs near you

Quantitative Risk Intern - Summer 2027

DV Trading

Chicago, IL

$35 - $40/hr

Temporary, Internship

Posted 14 days ago

Job description

About Us:
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.
Responsibilities:

  • Build and execute advanced quantitative risk monitoring using results from above exercise, including design, collection and analysis of key risk metrics in collaboration with multiple stakeholders to influence business strategy.
  • Utilize advanced quantitative analytics to assess future risk, opportunities, and effectiveness and translate results into meaningful solutions to enhance decision making.
  • Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team.
  • Present results of the reviews performed to the Executive Management Team.

Requirements:

  • Pursuing a degree in Mathematics, Statistics, Physics, Computer Science, or another highly quantitative field
  • Expecting to graduate between Winter 2027 and Summer 2028
  • Proficient to advanced knowledge of statistical modeling and other quantitative techniques including, but not limited to linear & non-linear regression, optimization, simulation, time-series analysis, probability theory, survival analysis, value-at-risk, PCA, and GARCH
  • Basic proficiency in Python and SQL is required
  • Ability to communicate complex concepts and findings in a clear and concise manner.

Preferred Skills:

  • Knowledge of option pricing and fixed income analytics
  • Advanced proficiency in Python
  • A working knowledge of Python SciPy & statsmodels, R, C/C++/C#, SAS, and/or Matlab
  • Knowledge of enterprise risk management and internal control standards, especially within the financial services industry
  • Proficiency in data management and reporting tools strongly desired (Essbase, Word, Excel, Power Point, Access)

Compensation range: $35.00-$40.00/hr

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV's posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.