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

... and fixed income strategies. * Partner with leadership across technology, product, compliance, and relationship management to ensure operational readiness for new platform capabilities and advisor ...

Senior Director, Head of Investments

Lisle, IL ยท On-site

$103.50 - $126.50/hr

... and fixed income strategies. * Partner with leadership across technology, product, compliance, and relationship management to ensure operational readiness for new platform capabilities and advisor ...

... and fixed income strategies. * Partner with leadership across technology, product, compliance, and relationship management to ensure operational readiness for new platform capabilities and advisor ...

Working knowledge of investment accounting and financial services operations across institutional client types. * Familiarity with a range of asset classes, including fixed income, derivatives ...

Client Services Associate

Naperville, IL ยท On-site

$70K - $90K/yr

Learn about and master the world of fixed income investments. * Study Investortools' clients to understand their unique business operations and operating models in order to become a valuable partner ...

Knowledge and/or experience in a Bank Capital Markets, Treasury or Fixed Income Trading environment, either in operations or as a trading floor assistant * Strong knowledge of Fixed Income accounting ...

Knowledge and/or experience in a Bank Capital Markets, Treasury or Fixed Income Trading environment, either in operations or as a trading floor assistant * Strong knowledge of Fixed Income accounting ...

VP of Trading-Leverage

Oak Brook, IL ยท On-site

$120 - $180/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 ...

Through a combination of strategy, expertise and creativity, we help clients accelerate operational ... fixed income, and equities Consultants' main role is providing trade surveillance and clearing ...

Trade Analyst

Chicago, IL ยท On-site +1

Through a combination of strategy, expertise and creativity, we help clients accelerate operational ... fixed income, and equities Consultants' main role is providing trade surveillance and clearing ...

Showing results 41-60

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.

Trade Confirmation & Settlement Associate

Guggenheim Investments

Chicago, IL โ€ข On-site

$100K - $105K/yr

Full-time

Re-posted 12 days ago


Job description

Position SummaryGuggenheim Investments is seeking a candidate interested in gaining cross-team skill development to join its Transaction Services department within the Investment Management Operations business. The Transaction Services department is comprised of Allocations, Trade Confirmation, Settlements, and Collateral Management. In this role, one will be trained on the core concepts and tasks of each group (Allocations, Confirmation & Settlements, Collateral Management), preparing them to obtain a broader skill set and extensive full-cycle knowledge of Transaction Services. One has the opportunity to work and communicate effectively with internal groups including portfolio management, trading, client distribution, legal and compliance.
This position is located in our Chicago offices.ResponsibilitiesKey Responsibilities
  • Allocate, confirm, clear, and ensure settlement of all fixed income and equity trades, including repurchase agreements, as well as both Over-The-Counter and Exchange Traded Derivatives including options, swaps, and futures.
  • Act as an intermediary for all fixed income trades, including gathering demand and producing the final allocation among various portfolios.
  • Enter trade allocations into an order management system.
  • Document and maintain trade allocation archives.
  • Participate in monthly performance dispersion analysis with member of Risk and Investment Performance team.
  • Monitor settlement of all trades and ensure timely resolution of any failing transaction.
  • Issue, receive and answer all margin calls across OTC, cleared swap, futures, repo and prime brokerage.
  • Ensure trades are accurately transmitted to third parties including custodians and administrators working to resolve any discrepancies in a timely manner.
  • Communicate professionally and effectively with all brokers and counterparties and seek to expand business relationships.
  • Work and communicate effectively with internal groups including portfolio management, trading, client distribution, legal and compliance.
  • Participate in department and firm-wide projects aimed to increase efficiency and minimize risk including those with systems vendors and information technology.
  • Assist in the development and documentation of procedures and controls within the business unit.
  • Serve as the primary lead with respect to internal audit and annual reviews of the allocations, confirmation, settlement, and collateral policies and procedures.
QualificationsBasic Qualifications
  • Bachelor's degree with a preferred concentration in a business-related field.
  • Minimum of 2-4 years of experience in an operational role within financial services.
Preferred Qualifications
  • Broad understanding of Fixed Income, equity, financing and derivative products and the operational workflows.
  • Knowledge of various industry tools such as Blackrock Solutions Aladdin, Omgeo, Bloomberg, DTCC, MarkitSERV and CLS as well as clearing institutions.
  • Motivated team player who has a collaborative mindset to resolve issues both within and outside of the department.
  • Desire to drive change within the operational workflow and dedication always improving the group's processes.
  • Excellent communication skills to interact with brokers and counterparties as well as various levels of management within the firm.
  • Ability to operate in a stressful, deadline driven environment while still maintaining a strict attention to detail and an ability to prioritize issues appropriately
  • Proficiency in Excel and a desire to implement workflow tools is desired but not required.

We are not seeking agency assistance with this position.

Salary Range

Annual base salary between

$100,000.00-$105,000.00

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.