Fixed Income Trading * Corporate bonds * Brokered CDs * Municipal bonds * U.S. Treasuries * Asset-backed securities (ABS) * Variable Rate Demand Notes (VRDNs) * Fixed Income Underwritings * Corporate ...
Fixed Income Trading * Corporate bonds * Brokered CDs * Municipal bonds * U.S. Treasuries * Asset-backed securities (ABS) * Variable Rate Demand Notes (VRDNs) * Fixed Income Underwritings * Corporate ...
Functional knowledge of Fixed Income activities from an operations perspective including booking, settlement, clearing, reporting and accounting for US broker dealer. * Familiarity with vendor ...
Functional knowledge of Fixed Income activities from an operations perspective including booking, settlement, clearing, reporting and accounting for US broker dealer. * Familiarity with vendor ...
... join our Fixed Income Accountment Management & Onboarding team. This is a hands-on, high-impact ... Coordinate with internal and external stakeholders including Dealers, Clearing Brokers, Clearing ...
... join our Fixed Income Accountment Management & Onboarding team. This is a hands-on, high-impact ... Coordinate with internal and external stakeholders including Dealers, Clearing Brokers, Clearing ...
Regional Brokerage Consultants acquire, develop and retain relationships through market expertise ... Extensive knowledge of fixed income, equity and option markets, including market mechanics
Regional Brokerage Consultants acquire, develop and retain relationships through market expertise ... Extensive knowledge of fixed income, equity and option markets, including market mechanics
Regional Brokerage Consultant
Houston, TX · On-site
Regional Brokerage Consultants acquire, develop and retain relationships through market expertise ... Extensive knowledge of fixed income, equity and option markets, including market mechanics
Regional Brokerage Consultant
Houston, TX · On-site
Regional Brokerage Consultants acquire, develop and retain relationships through market expertise ... Extensive knowledge of fixed income, equity and option markets, including market mechanics
This role demands a strong understanding of Equity and Fixed Income products, along with ... Understanding of financing concepts, settlements, and broker-dealer operations is crucial.
This role demands a strong understanding of Equity and Fixed Income products, along with ... Understanding of financing concepts, settlements, and broker-dealer operations is crucial.
This role demands a strong understanding of Equity and Fixed Income products, along with ... Understanding of financing concepts, settlements, and broker-dealer operations is crucial.
This role demands a strong understanding of Equity and Fixed Income products, along with ... Understanding of financing concepts, settlements, and broker-dealer operations is crucial.
Senior Software Engineer
$134.20K - $177K/yr
BGC Group is seeking a highly skilled Java Developer to join our Fixed Income Inter-Dealer Brokerage technology team. This role focuses on building and enhancing high-performance, low-latency ...
Senior Software Engineer
$134.20K - $177K/yr
BGC Group is seeking a highly skilled Java Developer to join our Fixed Income Inter-Dealer Brokerage technology team. This role focuses on building and enhancing high-performance, low-latency ...
Senior Software Engineer
Manhattan, NY · On-site
$134.20K - $177K/yr
BGC Group is seeking a highly skilled Java Developer to join our Fixed Income Inter-Dealer Brokerage technology team. This role focuses on building and enhancing high-performance, low-latency ...
Senior Software Engineer
Manhattan, NY · On-site
$134.20K - $177K/yr
BGC Group is seeking a highly skilled Java Developer to join our Fixed Income Inter-Dealer Brokerage technology team. This role focuses on building and enhancing high-performance, low-latency ...
Supervise DVP settlement of preferred stocks and taxable fixed income securities, coordinating with ... Experience with broker-dealer platforms (Broadridge BPS preferred) * Demonstrated success leading ...
Supervise DVP settlement of preferred stocks and taxable fixed income securities, coordinating with ... Experience with broker-dealer platforms (Broadridge BPS preferred) * Demonstrated success leading ...
These offerings include brokerage and investment advisory services; financial and wealth planning ... Provide fixed income market commentary, strategy, and relative-value trade ideas to MSWM Financial ...
These offerings include brokerage and investment advisory services; financial and wealth planning ... Provide fixed income market commentary, strategy, and relative-value trade ideas to MSWM Financial ...
Supervise DVP settlement of preferred stocks and taxable fixed income securities, coordinating with ... Experience with broker-dealer platforms (Broadridge BPS preferred) * Demonstrated success leading ...
Supervise DVP settlement of preferred stocks and taxable fixed income securities, coordinating with ... Experience with broker-dealer platforms (Broadridge BPS preferred) * Demonstrated success leading ...
MSWM Fixed Income Advisory Sales & Trading, Associate
New York, NY · On-site
$57K/yr
These offerings include brokerage and investment advisory services; financial and wealth planning ... Provide fixed income market commentary, strategy, and relative-value trade ideas to MSWM Financial ...
MSWM Fixed Income Advisory Sales & Trading, Associate
New York, NY · On-site
$57K/yr
These offerings include brokerage and investment advisory services; financial and wealth planning ... Provide fixed income market commentary, strategy, and relative-value trade ideas to MSWM Financial ...
Supervise DVP settlement of preferred stocks and taxable fixed income securities, coordinating with ... Experience with broker-dealer platforms (Broadridge BPS preferred) * Demonstrated success leading ...
Supervise DVP settlement of preferred stocks and taxable fixed income securities, coordinating with ... Experience with broker-dealer platforms (Broadridge BPS preferred) * Demonstrated success leading ...
Supervise DVP settlement of preferred stocks and taxable fixed income securities, coordinating with ... Experience with broker-dealer platforms (Broadridge BPS preferred) * Demonstrated success leading ...
Supervise DVP settlement of preferred stocks and taxable fixed income securities, coordinating with ... Experience with broker-dealer platforms (Broadridge BPS preferred) * Demonstrated success leading ...
Trade Operations Analyst (Hedge Fund)
Manhattan, NY · On-site
$85K - $105K/yr
Responsibilities will include trade reconciliations and settlements for all fixed income products, reporting failed trades, setting up new accounts and brokers on confirmation and clearing systems ...
Trade Operations Analyst (Hedge Fund)
Manhattan, NY · On-site
$85K - $105K/yr
Responsibilities will include trade reconciliations and settlements for all fixed income products, reporting failed trades, setting up new accounts and brokers on confirmation and clearing systems ...
Senior Software Engineer
Manhattan, NY · On-site
$134.90K - $177.80K/yr
Cantor Fitzgerald is seeking a highly skilled Java Developer to join their Fixed Income Inter-Dealer Brokerage technology team. This role focuses on building and enhancing high-performance, low ...
Senior Software Engineer
Manhattan, NY · On-site
$134.90K - $177.80K/yr
Cantor Fitzgerald is seeking a highly skilled Java Developer to join their Fixed Income Inter-Dealer Brokerage technology team. This role focuses on building and enhancing high-performance, low ...
Java Algo Developer, Fixed Income, Assistant Vice President
New York, NY · On-site
$121.20K - $181.80K/yr
Knowledge of fixed income products, customer and broker market platforms and trading protocols desirable. Soft Skills: * Excellent communication skills (there is a requirement to be business/quant ...
Java Algo Developer, Fixed Income, Assistant Vice President
New York, NY · On-site
$121.20K - $181.80K/yr
Knowledge of fixed income products, customer and broker market platforms and trading protocols desirable. Soft Skills: * Excellent communication skills (there is a requirement to be business/quant ...
Vice President, Broker Dealer and Middle Office Operations
Chicago, IL · On-site
$118K - $188K/yr
Supervise DVP settlement of preferred stocks and taxable fixed income securities, coordinating with ... Experience with broker-dealer platforms (Broadridge BPS preferred) * Demonstrated success leading ...
Vice President, Broker Dealer and Middle Office Operations
Chicago, IL · On-site
$118K - $188K/yr
Supervise DVP settlement of preferred stocks and taxable fixed income securities, coordinating with ... Experience with broker-dealer platforms (Broadridge BPS preferred) * Demonstrated success leading ...
... Fixed Income, Futures and Currencies & Commodities structuring capabilities with the objective of providing investors with one integrated multi-asset market solutions team. The Global Markets ...
... Fixed Income, Futures and Currencies & Commodities structuring capabilities with the objective of providing investors with one integrated multi-asset market solutions team. The Global Markets ...
Fixed Income Broker information
See salary details
$25.5K - $33.8K
0% of jobs
$33.8K - $42.1K
15% of jobs
$45.5K is the 25th percentile. Wages below this are outliers.
$42.1K - $50.5K
25% of jobs
The median wage is $54.6K / yr.
$50.5K - $58.8K
20% of jobs
$58.8K - $67.1K
14% of jobs
$67.9K is the 75th percentile. Wages above this are outliers.
$67.1K - $75.4K
9% of jobs
$75.4K - $83.7K
5% of jobs
$83.7K - $92K
6% of jobs
$92K - $100.4K
3% of jobs
$100.4K - $108.7K
1% of jobs
$108.7K - $117K
1% of jobs
$25.5K
$66.7K
$117K
How much do fixed income broker jobs pay per year?
What are the key skills and qualifications needed to thrive as a Fixed Income Broker, and why are they important?
What are some common challenges faced by Fixed Income Brokers, and how can they be addressed?
What is a Fixed Income Broker?
What is the difference between Fixed Income Broker vs Bond Trader?
| Aspect | Fixed Income Broker | Bond Trader |
|---|---|---|
| Credentials | Series 7, Series 63/66, relevant finance certifications | Series 7, Series 63/66, finance certifications |
| Work Environment | Client-facing, sales-oriented, brokerage firms | Trading desks, investment banks, hedge funds |
| Industry Usage | Facilitates client transactions, provides market advice | Executes 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.

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 3 days ago
U.S. Bank rating
8.2
Based on 344 frontline employees who took The Breakroom Quiz
37th of 141 rated banks
Job description
At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.
Job DescriptionThe Accounting Manager will support the accounting, financial reporting, and control environment for a clearing capital markets broker dealer with a diverse fixed income and securities financing activities. This role will be responsible for managing accounting activities across a range of products and transaction types, including fixed income trading, fixed income underwriting, securities borrowing and lending, repurchase and reverse repurchase agreements, defeasance transactions, and VRDN remarketing activities.
This position requires strong broker-dealer product knowledge, technical accounting expertise, operational understanding of trade lifecycle events, and the ability to work cross-functionally with front office, operations, treasury, product control, regulatory reporting, and external/internal audit teams. The Accounting Manager will play a key role in ensuring accurate financial reporting, a robust control framework, and operational readiness in a highly regulated environment.
Product and Transaction Accounting Oversight
Manage and oversee accounting support for the following products and activities:
Fixed Income Trading
Corporate bonds
Brokered CDs
Municipal bonds
U.S. Treasuries
Asset-backed securities (ABS)
Variable Rate Demand Notes (VRDNs)
Fixed Income Underwritings
Corporate bonds
Municipal bonds
ABS
Brokered CDs
Rule 144A offerings
Securities Borrowing and Lending
Firm stock borrow / stock loan
Corporate bonds lending/borrowing activity where applicable
Repurchase and Reverse Repurchase Agreements
U.S. Treasuries
Corporate bonds
ABS
Other Capital Markets Activities
Defeasance transactions
VRDN remarketing
Core Accounting Responsibilities
Oversee daily, monthly, and quarterly accounting activities for capital markets and broker-dealer products,including trade date and settlement date accounting,accruals, valuations support, and balance sheet reconciliations.
Review accounting treatment for trading inventory, underwriting positions, financing transactions, and related revenue/expense recognition.
Ensure completeness and accuracy of accounting for:
Trading gains/losses
Underwriting fees and deal-related revenue
Interestincome and interest expense
Borrow and loan fees
Repo and reverse repo income/expense
Mark-to-market adjustments where applicable
Manage accounting close deliverables, journal entries, substantiations, and account reconciliations for assigned products and legal entities.
Partner with operations and product control teams to understand end-to-end transaction flows and ensure accounting conclusionsalignedwith business activity and system processing.
Support accounting analysis for complex transactions, new products, and non-routine events.
Financial Reporting and Control
Support internal and external financial reporting for thebroker-dealer, including legal entity reporting and consolidation inputs, as applicable.
Maintain strong balance sheet and P&L controls over trading, underwriting, financing, and remarketing activities.
Review account reconciliations, breaks, aged items, and exception reporting; drive timely remediation and escalation where needed.
Ensure compliance with internal accounting policies, U.S. GAAP, and broker-dealer control standards.
Assist in development and maintenance of accounting policies, process narratives, desktop procedures, and control documentation.
Partner with regulatory reporting teams to support consistency between general ledger balances and broker-dealer regulatory reporting inputs.
Cross-Functional Partnership
Work closely with:
Capital markets desk support teams
Operations / settlements
Treasury and liquidity teams
Product control / valuation control
Regulatory reporting
Internal audit, external audit, and compliance
Provide accounting support for business initiatives, systems implementations, process changes, and legal entity or product expansion efforts.
Serve as a key accounting contact for control issues, process improvements, and audit/regulatory inquiries.
Team Leadership and Process Improvement
Manage, coach, and develop accounting staff, including review of work product, prioritization of deliverables, and career development support.
Identify and implement opportunities to improve accounting processes, strengthen controls, and reduce manual effort.
Drive standardization and documentation across capital markets accounting processes.
Support a culture of accountability, control discipline, continuous improvement, and effective partnership across finance andthe business.
Basic Qualifications
- Bachelor's degree in accounting or finance (preferred) or related field, or equivalent work experience
- Six or more years of accounting experience
Preferred Skills/Experience
Prior people management or demonstrated leadership experience
Strong knowledge of broker-dealer products and transaction flows, particularly fixed income and securities financing products
Experience supporting month-end close, account reconciliations, control execution, and audit support
Strong understanding of U.S. GAAP and internal control requirements in a regulated financial services environment
Advanced Excel skills and experience working with large data sets and accounting/reporting systems
Hold FINRA Series 27 or be able to pass testing within 4-month window (120 days)
Experience in a clearing broker-dealer
Experience accounting for fixed income inventory, underwritings, repo/reverse repo, securities borrowing/lending, defeasance, and remarketing products
Familiarity with broker-dealer regulatory reporting and legal entity considerations
Experience working with front office, operations, and regulatory reporting teams in a bank-owned broker-dealer
Strong technical accounting research and memo-writing skills
Experience with process automation and systems enhancements
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $111,605.00 - $131,300.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
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About U.S. Bank
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U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Minneapolis, MN, US
Year founded
1863