1

Fixed Income Operations Jobs (NOW HIRING)

Fixed income Service Specialist

Malvern, PA

$1.5K - $1.8K/wk

Lead execution of portfolio administration, data management, operational, and trade readiness activities forVanguard's fixed income portfolios and investment strategies * Perform advanced analysis ...

Senior Manager, Fixed Income Trading

Dallas, TX · On-site

$107K - $146K/yr

Trading Operations & Execution * Lead daily fixed income trading operations across municipal, government, and corporate bond markets-primary and secondary-ensuring best execution, regulatory ...

next page

Showing results 1-20

Fixed Income Operations information

See salary details

$11

$21

$31

How much do fixed income operations jobs pay per hour?

As of Jul 3, 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 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.

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 June 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Hybrid job distribution, with an average salary of $44,307 per year, or $21.3 per hour.
Fixed income Service Specialist

Fixed income Service Specialist

Vanguard Group, Inc.

Malvern, PA • On-site

$1.5K - $1.8K/wk

Full-time

Posted 21 days ago


Vanguard rating

8.7

Company rating: 8.7 out of 10

Based on 60 frontline employees who took The Breakroom Quiz

16th of 146 rated financial services


Job description

Summary
In Fixed Income Service, we improve Vanguard's ability to deliver unmatched fixed income investment outcomes by ensuring high-quality inputs for daily trading, translating those inputs into a holistic portfolio view, and informing portfolio management strategies through expert insights and analytics. The Fixed Income Service Specialist serves as a subject matter expert on a team responsible for delivering investment data and trade support across the investment lifecycle to Vanguard's various fixed income trading desks. In the role, you'll partner closely with portfolio managers, traders, and cross functional teams, ensuring our fixed income strategies are powered by accurate data, strong controls, and scalable processes - all aligned with Vanguard's mission to give investors the best chance for investment success.
Core Responsibilities (What you'll do)
  • Lead execution of portfolio administration, data management, operational, and trade readiness activities for Vanguard's fixed income portfolios and investment strategies

  • Perform advanced analysis and reconciliation of investment and portfolio data inputs to support portfolio oversight and decision-making.

  • Oversee and lead resolution of complex data or operational issues, performs rout-cause analysis, and drives remediation.

  • Maintain and validate benchmark, security, and portfolio data across systems.

  • Serve as a primary operational liaison for portfolio managers, traders, and business partners on complex investment operations and data-related inquiries.

  • Identify opportunities to improve workflows, process documentation, standard operating procedures, and controls; contributes to continuous improvement initiatives to enhance efficiency, accuracy, and control.

  • Build and apply a deep knowledge of fixed income investment products (e.g., asset backed securities, swaps, foreign exchange, bank loans, private placements), trade lifecycle processes, and operational risk considerations to support portfolio administration and issue resolution.

  • Leads team involvement in initiatives related to new portfolios, new products and product changes, and market-driven changes.

  • Coaches junior team members through oversight, guidance, knowledge sharing, and escalation support; serve as an informal leader within the team.

  • Participates in special projects and perform other duties as assigned.

Qualifications (What we're looking for)
  • Minimum of five years of experience in financial services or a related field

  • Undergraduate degree or equivalent combination of trading and experience. Graduate degree preferred.

  • Strong understanding of investment operations, financial markets, and fixed income products. CFA charter holder or candidate preferred.

  • Ability to work across teams, build relationships, and communicate effectively with a variety of stakeholders.

  • Analytical and problem-solving skills, with attention to detail and a focus on delivering high-quality results.

  • An interest in continuous improvement and helping teams adapt to evolving business needs.

Special considerations
  • Role is part of Vanguard's US Fixed Income Service team.

  • Requires close partnership with investment professionals and cross-functional stakeholders.

  • May involve participation in strategic initiatives, new product launches, and regulatory-driven changes.

Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

What Vanguard employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom