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

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

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

AVP of Trading

Oak Brook, IL ยท 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 ...

AVP of Trading

Oak Brook, IL ยท On-site

$100 - $130/hr

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 ...

Showing results 21-40

Fixed Income Operations information

See Chicago, IL salary details

$11

$21

$32

How much do fixed income operations jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for fixed income operations in Chicago, IL is $21.94, according to ZipRecruiter salary data. Most workers in this role earn between $17.36 and $25.00 per hour, depending on experience, location, and employer.

What is 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.

Is fixed income a good career?

Fixed income operations involve managing and processing bond and debt securities transactions, requiring strong attention to detail and knowledge of financial instruments. It is a stable career path within finance, often offering opportunities for advancement and specialization. Success in this field typically depends on analytical skills, understanding of market dynamics, and proficiency with financial systems and tools.

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

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

Infographic showing various Fixed Income Operations job openings in Chicago, IL as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $45,643 per year, or $21.9 per hour.

Senior Vice President, Supervising Principal

Mesirow

Chicago, IL โ€ข On-site

$100K - $130K/yr

Full-time

Posted 6 days ago


Job description

The Opportunity
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices across the country, Mesirow serves clients through capabilities spanning Private Capital & Currency, Capital Markets and Investment Banking, and Advisory Services.
A Senior Vice President, Supervising Principal working on a institutional fixed income trading desk overseeing operations and supervision of daily trading activities, supporting compliance with SEC and FINRA regulations and managing risk. Daily responsibilities include reviewing transactions, approving high-risk orders, processing and reviewing trades and fund movements, reconciliation of financials, manage margin exchange, supervising representatives and traders and maintaining supervisory controls.
Key Responsibilities
  • Monitor in real-time risk and end-of-day trading activity for market abuse, errors, or policy breaches.
  • Operational support for fixed income trading desk, especially with respect to corporate bonds
  • Supervisory principal responsibilities for fixed income trading desk
  • Provide real-time compliance and regulatory guidance to traders and sales teams.
  • Maintain and update desk-level written supervisory procedures (WSPs).
  • Coordinate internal audits and respond to regulatory inquiries or examinations
  • Support for the regulatory financial accounting team

Qualifications and Requirements
  • Active FINRA Series 7, 63, 24
  • 5+ years of institutional broker-dealer operational and supervisory experience or working for a regulatory or self-regulatory organization.
  • Deep knowledge of fixed income products and options, with a focus on corporate bonds.
  • Strong working knowledge of SEC and FINRA rules and regulations and risk management systems.
  • Previous use of Bloomberg trading and settlement systems, along with working knowledge of excel, extiva

Core Competencies
  • Deep knowledge of Broker-Dealer operations and regulations
  • Able to handle multiple tasks and be flexible around daily job responsibilities
  • High attention to detail under fast-paced, high-pressure trading environments.
  • Sound decision-making regarding risk tolerance and regulatory enforcement.
  • Clear communication skills to guide trading personnel and collaborate with team of Principals, Compliance, Accounting and Legal

In accordance with the Illinois Pay Transparency Law, the anticipated hiring base salary for the role will be between $100,000 and $130,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, also provides the opportunity for a bonus and the Mesirow benefit program.
EOE
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.