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Fixed Income Operations Jobs in Illinois (NOW HIRING)

Corps Team

Client Service Associate

Chicago, IL · On-site

$26.27 - $28.27/hr

Client Service Associate - Fixed Income Our client, a large financial services company, is seeking ... Coordinate with Legal, Operations, and Trading teams to execute client requests * Support client ...

Global Outsourcing

Project Manager

Manhattan, IL · On-site

Qualifications: • 5-8 years of experience managing projects with focus on Broker Dealer and Banking Operations functions. • Must have experience with fixed income agent lending processes. • ...

Global Outsourcing

Project Manager

Manhattan, IL

Qualifications: 5-8 years of experience managing projects with focus on Broker Dealer and Banking Operations functions. Must have experience with fixed income agent lending processes. Must have ...

Technical Paradigm LLC

Software Developer

Chicago, IL · On-site +1

Company Description Senior Software Developer (Fintech - fixed income securities trading operations) Remote USA Requires: Extensive developer experience with fixed income securities trading ...

Technical Paradigm LLC

Software Developer

Chicago, IL · Remote

Senior Software Developer (Fintech - fixed income securities trading operations) Remote USA Requires: Extensive developer experience with fixed income securities trading, clearance and settlement ...

Tidal Financial Group

AVP of Trading

Oak Brook, IL · On-site

$100K - $130K/yr

Execute and manage trades across equities, options, and fixed income. * Execute day-to-day duties in the Trading Operations Team, including but not limited to trade allocation, position settlement ...

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Fixed Income Operations information

What are Fixed Income Operations?

Fixed Income Operations refer to the back-office processes and activities that support the trading, settlement, and management of fixed income securities, such as bonds and treasury bills. Professionals in this area ensure the accurate and timely processing of transactions, reconciliation of trades, maintenance of records, and compliance with regulatory requirements. They play a crucial role in mitigating operational risk and supporting the smooth functioning of fixed income markets within financial institutions.

What are some common challenges faced in Fixed Income Operations, and how can new team members effectively navigate them?

In Fixed Income Operations, professionals often deal with high volumes of transactions, tight settlement deadlines, and complex regulatory requirements. New team members may find it challenging to manage multiple priorities while maintaining accuracy and compliance. To navigate these challenges, it's important to develop a strong attention to detail, build proficiency with relevant systems (like trade capture and settlement platforms), and communicate proactively with traders, custodians, and other internal teams. Seeking mentorship and clarifying procedures early on can also help new hires adapt more quickly and efficiently.

What are the key skills and qualifications needed to thrive in Fixed Income Operations, and why are they important?

To thrive in Fixed Income Operations, you need strong analytical abilities, attention to detail, and a foundational understanding of fixed income products and financial markets, often supported by a finance or related degree. Familiarity with trade settlement systems (such as Bloomberg, Calypso, or Murex), Excel, and knowledge of industry regulations is typically required. Excellent organizational skills, effective communication, and problem-solving abilities help professionals manage high transaction volumes and resolve discrepancies efficiently. Mastering these skills ensures accurate trade processing, regulatory compliance, and smooth back-office operations within the fast-paced financial sector.

What is the difference between Fixed Income Operations vs Fixed Income Trading?

AspectFixed Income OperationsFixed Income Trading
Primary FocusProcessing, settlement, and back-office functions for fixed income securitiesBuying and selling fixed income securities to generate profits
Required SkillsAttention to detail, knowledge of settlement processes, complianceMarket analysis, risk management, decision-making
Work EnvironmentBack-office, support teams within financial institutionsTrading floors, front-office desks
CertificationsOften requires CFA, FINRA licenses, or similarSimilar certifications, plus trading-specific licenses

Fixed Income Operations focuses on the processing and settlement of fixed income securities, ensuring smooth back-office functions. Fixed Income Trading involves actively buying and selling securities to capitalize on market movements. While both roles require financial knowledge and certifications like CFA, their daily tasks and work environments differ significantly.

What are popular job titles related to Fixed Income Operations jobs in Illinois? For Fixed Income Operations jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Fixed Income Operations jobs in Illinois look for? The top searched job categories for Fixed Income Operations jobs in Illinois are:
What cities in Illinois are hiring for Fixed Income Operations jobs? Cities in Illinois with the most Fixed Income Operations job openings:
Fixed Income Operations jobs near you
Infographic showing various Fixed Income Operations job openings in Illinois as of June 2026, with employment types broken down into 100% Full Time. Highlights an 60% In-person, and 40% Hybrid job distribution.
FI Operations, Senior Associate (Loan Data Integrity)

FI Operations, Senior Associate (Loan Data Integrity)

Guggenheim Investments

Chicago, IL • On-site

$105K - $115K/yr

Full-time

Posted yesterday

Job description

Position Summary
Guggenheim Investments is seeking an organized and detail-oriented candidate to join its Data Integrity team specializing in bank loans. The Senior Associate will be part of a team which is responsible for the creation and stewardship of security data and analytics calculations for all of Guggenheim Investments. The role provides a unique opportunity to join a dynamic, evolving, and fast paced team and will involve being a subject matter expert working directly with Trading Desks, Portfolio Management, Compliance, Client Service and other Operations groups to ensure securities are set up timely and accurately in the trading systems and their data is maintained accurately.
As part of a team of experts on security level data for Guggenheim, the Senior Associate will respond to a range of inquiries from stakeholders across the firm while getting exposure to equities, Corporate Bonds, Munis, Gov't & Agency Bonds, ABS, RMBS, CMBS, Private Placements, and derivatives such as Swaps, Options and FX.
The Data Integrity Senior Associate position is within the Operations department based in the Chicago office.
Responsibilities
Key Responsibilities
  • Monitor security data flow across various investment management software systems to ensure consistent and accurate information is used across the firm
  • Daily assessment of the Data Integrity Group's suite of quality control reports including security terms and conditions checks, security issuer validation, asset class sector checks, and security ticker checks
  • Analyze and source data from various vendors including Bloomberg, Reuters, MSCI, and others
  • Perform daily ESG (Environmental, Social, Governance) ratings reviews and updates
  • Update and review fixed income cash flows, ensuring that the resulting bond analytics are within expectations of the portfolio desk and trading desks
  • Perform daily credit rating and NAIC designation reviews and updates
  • Update and recalculate principal and income projections based on security accruals, factors, and coupons
  • Consult with management and IT on how to develop continued incremental improvement and increased efficiencies across Operations and produce monthly data metrics
  • Timely response to inquiries affecting both the risk management system and the accounting system
  • Assist in training junior team members
  • Oversee and lead team projects and firm initiatives

Qualifications
Basic Qualifications
  • Undergraduate degree, preferably in Finance or Business-related fields
  • 4-5 years of relevant work experience (asset management and/or middle office experience)
  • Strong analytical skills and experience with data analysis
  • Strong understanding of fixed income securities
  • High attention to detail, organizational skills, and ability to manage multiple inquiries under tight deadlines
  • Ability to lead projects to completion and troubleshoot/resolve complex issues
  • High proficiency in Excel, and knowledge/use of the Microsoft Office suite

Preferred Qualifications
  • 5+ years of loan data integrity experience in an Asset Management firm
  • Completion of the CFA Level 1 exam is a plus, but not required
  • Experience using Blackrock Aladdin, Wall Street Office
  • Thorough deep knowledge and understanding of fixed income securities, with emphasis on Bank Loans
  • Ability to work in a team to create processes and influence change
  • Demonstrated commitment to teamwork and client service
  • Effective project management and communication skills
  • Organized, detail oriented and extremely thorough with strong problem-solving skills and demonstrated ability to take initiative

Salary Range
Annual base salary between
$105,000.00-$115,000.00
The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

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