ZipRecruiter

Log In

1

Fixed Income Internship Jobs in Illinois (NOW HIRING)

DRW

Quantitative Trading Analyst Intern

Chicago, IL · On-site

$250K/yr

... internship * Meaningful projects: Each project, advised by a trader, promotes a comprehensive ... S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs ...

DRW

Strategy Intern

Chicago, IL · On-site

$110K/yr

Excellent writing and presentation skills What to expect during the internship... * Meaningful ... S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs ...

DRW

Leadership Rotation Network Analyst

Chicago, IL · On-site

Prior internship experience in/exposure to middle or back-office roles and operations but no prior ... S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs ...

Pacificlife

Real Estate Associate

Oak Park, IL · On-site +1

... and fixed and floating rate loans. As of December 31, 2025, Pacific Life's mortgage loan ... Conduct rent roll, income, and expense analysis. * Create/modify complex cash flow models in Argus ...

previous page

Showing results 21-27

All JobsFixed Income JobsFixed Income Internship JobsFixed Income Internship Jobs in Illinois

Fixed Income Internship information

See Illinois salary details

$9

$18

$33

How much do fixed income internship jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for fixed income internship in Illinois is $18.26, according to ZipRecruiter salary data. Most workers in this role earn between $13.99 and $18.85 per hour, depending on experience, location, and employer.

What are some common challenges faced during a fixed income internship, and how can interns overcome them?

Fixed Income Interns often encounter challenges such as understanding complex financial instruments, keeping up with fast-paced market changes, and mastering analytical tools like Bloomberg or Excel. To overcome these, interns should proactively seek guidance from team members, dedicate time to learning fixed income concepts, and practice using relevant software. Engaging in team discussions and asking thoughtful questions can also help interns accelerate their learning and successfully contribute to projects.

What is the difference between Fixed Income Internship vs Fixed Income Analyst?

AspectFixed Income InternshipFixed Income Analyst
Required CredentialsTypically pursuing or recent graduate, some finance or economics backgroundBachelor’s degree in finance, economics, or related field; often requires some experience
Work EnvironmentInternship programs within investment banks, asset management firms, or financial institutionsFull-time role in investment teams, focusing on bond markets and fixed income securities
Employer & Industry UsageUsed as a training position for students and entry-level candidatesProfessional role with responsibilities in research, analysis, and portfolio management

The Fixed Income Internship is an entry-level, temporary position designed to provide exposure to bond markets and financial analysis. In contrast, a Fixed Income Analyst is a full-time professional responsible for analyzing fixed income securities, managing portfolios, and making investment decisions. Internships serve as a stepping stone toward a career as an analyst, who typically has more experience and responsibilities.

What is a fixed income internship?

A Fixed Income Internship is a temporary position, typically for students or recent graduates, where individuals gain hands-on experience working with fixed income securities such as bonds and other debt instruments. Interns support teams in analyzing market trends, conducting research, and assisting with portfolio management tasks related to fixed income investments. This internship provides valuable exposure to the financial markets, investment strategies, and analytical tools used in the industry. It often serves as a stepping stone for those interested in pursuing a career in finance, particularly in roles related to asset management, investment banking, or financial analysis.

What are the key skills and qualifications needed to thrive as a fixed income intern, and why are they important?

To thrive as a Fixed Income Intern, you need a solid understanding of finance, economics, and fixed income markets, often supported by progress toward a relevant degree such as finance or economics. Familiarity with financial modeling, Bloomberg Terminal, and Microsoft Excel is typically required. Strong analytical thinking, attention to detail, and effective communication skills help interns stand out in this highly competitive field. These skills and qualities are crucial for accurately analyzing market trends, supporting investment decisions, and contributing effectively to team objectives.
What are the most commonly searched types of Fixed Income jobs in Illinois? The most popular types of Fixed Income jobs in Illinois are:
What are popular job titles related to Fixed Income Internship jobs in Illinois? For Fixed Income Internship jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Fixed Income Internship jobs in Illinois look for? The top searched job categories for Fixed Income Internship jobs in Illinois are:
What cities in Illinois are hiring for Fixed Income Internship jobs? Cities in Illinois with the most Fixed Income Internship job openings:
Fixed Income Internship jobs near you
Infographic showing various Fixed Income Internship job openings in Illinois as of August 2026, with employment types broken down into 55% Full Time, 42% Part Time, and 3% Contract. Highlights an 92% Physical, 1% Hybrid, and 7% Remote job distribution, with an average salary of $37,979 per year, or $18.3 per hour.

Quantitative Trading Analyst Intern

DRW

Chicago, IL • On-site

$250K/yr

Full-time, Internship

Posted 28 days ago

Job description

Our formula for success is to hire exceptional people, encourage their ideas and reward their results.
As a Quantitative Trading Analyst Intern, you will gain exposure to the dynamic worlds of trading and technology in order to learn what it takes to become a successful and sustainable trader. You will work on a small team to combine the disciplines of technology, research and risk management to identify optimal trading and investment strategies within the regulatory framework through a series of project based assignments. At the conclusion of 10 weeks, you will have the opportunity to present your results to senior leadership at DRW. While your days will have you engrossed with complex quantitative trading projects, your evenings will be spent exploring the city with organized social events to truly discover what it's like to live and work in Chicago, Greenwich & New York.
How you will make an impact...
  • Collaborate with senior traders, technologists and quantitative researchers by developing and improving trading strategies by working directly on the trading desk
  • Identify and research in the development of cutting-edge market research projects using powerful analytic tools
  • Market research projects vary from macroeconomic data curation and analysis to application of machine learning techniques to market tick data for automated trading
  • Be given immediate responsibility through assignments like position tracking, calculating risk, and analyzing vital theoretical values

What you bring to the team...
  • Are pursuing a bachelor's, master's or PhD in mathematics, economics, physics, statistics, computer science or any engineering related field and have an expected graduation date between December 2027 and June 2028
  • Advanced quantitative, analytical and problem-solving skills and the ability to deploy those skills under time-sensitive situations
  • Proficient programming in Python
  • Are self-motivated, enjoy challenges and significant responsibility, and thrive in fast-paced, competitive environments
  • A passion for the financial markets and a deep curiosity to explore new methodologies
  • Strong communication skills to advocate your ideas in a clear and concise manner to the group

What to expect during the internship
  • Meaningful projects: Each project, advised by a trader, promotes a comprehensive learning experience and provides you with real-world work experience.
  • Community: Throughout the summer, we host a variety of educational, social and team-building activities to explore the city, foster friendships and camaraderie.
  • Housing: DRW provides fully furnished apartments located close to the office - making your morning commute as easy as possible.
  • Mentorship: You'll build a professional relationship with an experienced mentor in your field. Mentors and mentees meet to discuss goals, challenges and professional development and explore the city together at our mentor outings.
  • Education: As the trading industry continually evolves, both in terms of new products and transaction methods, the future will present us with unique opportunities and challenges. You'll complete an options course taught by an experienced trader and participate in a technology immersion course to better understand how technology and trading intersect.

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.
Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.
We operate with respect, curiosity and open minds. The people who thrive here share our belief that it's not just what we do that matters-it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
The annual base salary for this position is $250,000.
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.
California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.
#LI-DNI

Apply