ZipRecruiter

Log In

1

Fixed Income Derivatives Jobs (NOW HIRING)

next page

Showing results 1-20

People also search for

All JobsFixed Income Derivatives Jobs

Fixed Income Derivatives information

See salary details

$43.5K

$108.7K

$195K

How much do fixed income derivatives jobs pay per year?

As of May 30, 2026, the average yearly pay for fixed income derivatives in the United States is $108,695.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $131,000.00 per year, depending on experience, location, and employer.

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

To excel as a Fixed Income Derivatives Specialist, you need a strong background in finance, quantitative analysis, and risk management, often supported by a relevant degree such as finance, mathematics, or economics. Familiarity with financial modeling tools like Excel, Bloomberg Terminal, and programming languages such as Python or VBA is highly valuable, as are certifications like CFA or FRM. Exceptional analytical thinking, attention to detail, and effective communication skills set top performers apart in this field. These capabilities are crucial for accurately pricing derivatives, managing risk exposures, and making informed trading or investment decisions in a complex, fast-moving market.

What are some common challenges faced when working in Fixed Income Derivatives, and how can candidates prepare for them?

Professionals in Fixed Income Derivatives often face challenges related to rapidly changing market conditions, complex valuation models, and regulatory requirements. To succeed, candidates should be comfortable with quantitative analysis, stay updated on market trends, and be proactive in learning about new regulatory changes. Collaboration with traders, risk managers, and IT teams is essential for managing risk and developing effective strategies. Gaining hands-on experience with relevant pricing tools and maintaining strong communication skills will help you thrive in this fast-paced environment.

What are fixed income derivatives?

Fixed income derivatives are financial contracts whose value is derived from underlying fixed income securities, such as bonds or interest rates. Common examples include interest rate swaps, credit default swaps, and bond futures. These instruments are used by investors and institutions to manage risk, hedge exposures, or speculate on movements in interest rates and credit spreads. They play a crucial role in modern financial markets by providing tools for risk management and price discovery.

What is the difference between Fixed Income Derivatives vs Fixed Income Analysts?

AspectFixed Income DerivativesFixed Income Analysts
Primary FocusDeveloping, pricing, and managing derivatives tied to fixed income securitiesAnalyzing fixed income securities and market trends to provide investment insights
Required SkillsQuantitative analysis, derivatives pricing, risk managementCredit analysis, market research, financial modeling
Work EnvironmentTrading desks, risk management teams, investment banksResearch departments, asset management firms, banks
CertificationsFRM, CFA, derivatives certificationsCFA, CPA, or related financial certifications

Fixed Income Derivatives professionals focus on creating and managing derivative products linked to fixed income securities, emphasizing quantitative skills and risk management. Fixed Income Analysts primarily analyze securities and market data to guide investment decisions. While both roles require strong financial knowledge, derivatives specialists are more involved in product development and trading, whereas analysts focus on research and valuation.

More about Fixed Income Derivatives jobs
What cities are hiring for Fixed Income Derivatives jobs? Cities with the most Fixed Income Derivatives job openings:
What states have the most Fixed Income Derivatives jobs? States with the most job openings for Fixed Income Derivatives jobs include:
What job categories do people searching Fixed Income Derivatives jobs look for? The top searched job categories for Fixed Income Derivatives jobs are:
Fixed Income Derivatives jobs near you
Infographic showing various Fixed Income Derivatives job openings in the United States as of May 2026, with employment types broken down into 16% Full Time, 79% Part Time, and 5% Contract. Highlights an 91% Physical, 7% Hybrid, and 2% Remote job distribution, with an average salary of $108,695 per year, or $52.3 per hour.
Fixed Income Derivatives Trader

Fixed Income Derivatives Trader

Vanguard Group

Malvern, PA • On-site

Full-time

Posted 17 days ago

Vanguard rating

8.7

Company rating: 8.7 out of 10

Based on 60 frontline employees who took The Breakroom Quiz

14th of 138 rated financial services

Job description

We are seeking an experienced Interest Rate Derivatives Trader to join Vanguard's Fixed Income Group. As a Derivatives Trader, you will play an instrumental role in the active taxable fixed income business, helping to determine and implement both hedging and alpha generating trading strategies. This position requires extensive knowledge of interest rate markets, with a focus on modeling and valuing US Treasuries, interest rate swaps, interest rate swaptions, futures and listed options. Through daily market analysis, supporting portfolio managers, or helping develop innovative tools, your contributions will be valued and visible.
This role:
  • Negotiates and executes derivatives trades and strategies in fixed income portfolios. Will trade US treasuries, bond futures, interest rate swaps, swaptions, listed options, and FX forwards.
  • Manages duration and curve risk across active portfolios, invests and hedges daily cashflows, and monitors FX exposure. Requires familiarity with performance attribution and risk-management frameworks.
  • Relays market insight to portfolio managers through monitoring and analysis of market trends. Provides investable alpha-oriented and hedging ideas through quantitative relative value and macro analysis.
  • Continually refines relative value frameworks, particularly in interest rate derivative and options pricing models, which requires an understanding of option greeks, basis risks and relationships across interest rate products.
  • Develops and implements new trading and hedging strategies, while also driving analytical and operational improvements to regular processes.
  • Fosters a collaborative environment internally by working closely with other sector teams within fixed income, and helping to develop and train less tenured traders. Builds and maintains relationships with security dealers.
  • Participates in special projects and research initiatives as assigned.

Qualifications:
  • Five years related work experience, including four years investment management experience. Derivatives and/or fixed income rates experience preferred.
  • Undergraduate degree in quantitative studies, economics or equivalent combination of training and experience required. Mathematics, statistics or financial engineering experience preferred.
  • CFA preferred.

This role is based in our Malvern, PA office and is a fully in-person position, with regular time spent working alongside the team onsite. If you're not currently local, relocation assistance is available to help make the move as smooth as possible.
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

What Vanguard employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply