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Fixed Income Operations Jobs (NOW HIRING)

FICC Clearing Associate

New York, NY · On-site

$150K - $200K/yr

Provide subject matter expertise on FICC rules, margining, and settlement processes Qualifications * 3+ years of relevant experience in fixed income operations, preferably in U.S. Treasuries ...

Senior Fixed Income Java Developer

Newark, NJ · On-site

$59.75 - $76.25/hr

Minimum of 4 years experience in the Fixed Income Industry Must have strong knowledge of fixed income securities, trading or operational processing. The candidate must have Java experience including ...

Liaise with Investment Operations and other fixed income business units tomaintainorder flow integrity,monitorriskand improve communication * Performadditionalresponsibilities and undertake special ...

Fixed Income Rates Trader

New York, NY · On-site

$150K - $250K/yr

Liaise with Investment Operations and other fixed income business units tomaintainorder flow integrity,monitorriskand improve communication * Performadditionalresponsibilities and undertake special ...

Fixed Income Rates Trader

Los Angeles, CA · On-site

$150K - $250K/yr

Liaise with Investment Operations and other fixed income business units to maintain order flow integrity, monitor risk and improve communication * Perform additional responsibilities and undertake ...

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Fixed Income Operations information

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How much do fixed income operations jobs pay per hour?

As of Jun 1, 2026, the average hourly pay for fixed income operations in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $24.28 per hour, depending on experience, location, and employer.

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 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 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 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.

More about Fixed Income Operations jobs
What cities are hiring for Fixed Income Operations jobs? Cities with the most Fixed Income Operations job openings:
What states have the most Fixed Income Operations jobs? States with the most job openings for Fixed Income Operations jobs include:
Infographic showing various Fixed Income Operations job openings in the United States as of May 2026, with employment types broken down into 1% Internship, 2% As Needed, 16% Full Time, 80% Part Time, and 1% Contract. Highlights an 76% Physical, 1% Hybrid, and 23% Remote job distribution, with an average salary of $44,307 per year, or $21.3 per hour.
Taxable Fixed Income Sr Research Analyst - ABS

Taxable Fixed Income Sr Research Analyst - ABS

TIAA

New York, NY • On-site

$170K - $238K/yr

Full-time

Medical, Life, Retirement

Posted 17 days ago


TIAA rating

9.1

Company rating: 9.1 out of 10

Based on 23 frontline employees who took The Breakroom Quiz


Job description

The Senior Research Analyst, Taxable Fixed Income ABS Research role analyzes investment opportunities across various asset-backed asset classes. As a recognized subject matter expert in taxable fixed income research, this job researches, analyzes and monitors markets and trends to recommend investment decisions. This role provides credit leadership for investment opportunities across consumer, commercial, and specialty asset classes for complex structured credit transactions. The Analyst is tasked with making independent investment recommendations while collaborating closely with portfolio management, legal, and risk teams to execute transactions that align with institutional investment objectives.
Key Responsibilities and Duties
  • Evaluates a variety of Investment Grade and Below Investment Grade ABS investment opportunities that encompass various industry sectors and deal structures.
  • Analyzes, structures, prices and manages large and/or complex transactions.
  • Performs quantitative and qualitative analysis used in the underwriting process.
  • Develop detailed cash flow and collateral performance models.
  • Monitors a portfolio of investments, prepare and review reports (credit memos, internal ratings, watch lists, etc.) and make recommendations (buy, sell and hold) to portfolio managers.
  • Enhance investment performance and maximize returns while appropriately balancing risk, analyzing economic/industry forecasts as well as investment approaches and risk scenarios to formulate recommendations for asset allocation.
  • Analyzes economic, industry and company data, and develops detailed financial models to support investment decisions.
  • Assists in maintaining relationships with deal sponsors, investment banks, investment funds, and other deal flow sources.
  • Represents the organization at industry conferences, sponsor meetings, and market events.
  • Collaborates cross-functionally with portfolio management, legal, operations, risk management, and compliance teams to ensure seamless transaction execution and ongoing portfolio management
  • Maintains deep knowledge of ABS market dynamics, regulatory developments, rating agency methodologies, consumer/commercial credit trends, and emerging sectors and esoteric asset classes
  • Mentors and develops junior investment professionals while contributing to the development of investment policies, underwriting standards, and analytical frameworks specific to ABS

Educational Requirements
  • University (Degree) Preferred

Work Experience
  • 5+ Years Required; 7+ Years Preferred

Physical Requirements
  • Physical Requirements: Sedentary Work

Career Level
8IC
Required Qualifications
  • Minimum 5+ years of ABS underwriting experience

Preferred Qualifications
  • 7-10 years of ABS underwriting experience
  • Consumer, commercial, or esoteric experience
  • Proficiency in industry-standard tools including Excel, Bloomberg, and INTEX

Related Skills
Asset Valuation, Capital Markets, Collaboration, Communication, Credit Analysis, Data Analysis, Financial Modeling, Fixed Income Investments, Investment Research/Analysis, Investments, Market/Industry Dynamics, Research Synthesization, Sector Expertise, Underwriting
Anticipated Posting End Date:
2026-06-05
Base Pay Range: $170,000/yr - $238,000/yr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
Company Overview
Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of the world's largest institutional investors. We invest in the growth of businesses, real estate, infrastructure and natural capital, providing clients with the reliability, access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients, our communities and our global economy. Visit www.nuveen.com to learn more about us.
Our Culture of Impact
At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways-because when our people succeed, our impact on clients' lives grows stronger.
Benefits and Total Rewards
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That's why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.
Equal Opportunity
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Our full EEO & Non-Discrimination statement is on our careers home page, and you can read more about your rights and view government notices here.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email: accessibility.support@tiaa.org
Drug and Smoking Policy
TIAA maintains a drug-free and smoke/free workplace.
Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.
For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.
For Applicants of TIAA Global Capabilities, click here.
For Applicants of Nuveen residing in Europe and APAC, please click here.

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About TIAA

Sourced by ZipRecruiter

TIAA is the leading provider of financial services in the academic, research, medical, cultural and government fields. We offer a wide range of financial solutions, including investing, banking, advice and education, and retirement services.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1918