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Fixed Income Proprietary Trader Jobs (NOW HIRING)

DV Trading

Junior Trader - Fixed Income

Chicago, IL · On-site

... proprietary trading firm utilizing its own capital, trading strategies, and risk management ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...

New

DV Trading

Junior Trader - Fixed Income

Chicago, IL

$80K - $120K/yr

... proprietary trading firm utilizing its own capital, trading strategies, and risk management ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...

New

DV Trading

Junior Trader - Fixed Income

Northfield, IL

$80K - $120K/yr

... proprietary trading firm utilizing its own capital, trading strategies, and risk management ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...

New

DV Trading

Junior Trader - Fixed Income

Chicago, IL · On-site

$80K - $120K/yr

... proprietary trading firm utilizing its own capital, trading strategies, and risk management ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...

Northern Trust Corp

Fixed Income Trader

Chicago, IL · On-site

Fixed Income Trader**The Fixed Income Trader is responsible for executing fixed income transactions in accordance with established guidelines, ensuring fair, accurate, and timely execution and ...

Northern Trust

Fixed Income Trader

Chicago, IL · On-site

Fixed Income Trader The Fixed Income Trader is responsible for executing fixed income transactions in accordance with established guidelines, ensuring fair, accurate, and timely execution and ...

Northern Trust

Fixed Income Trader

Chicago, IL · Hybrid

Fixed Income Trader The Fixed Income Trader is responsible for executing fixed income transactions in accordance with established guidelines, ensuring fair, accurate, and timely execution and ...

PNC Financial Services Group, Inc.

## Fixed Income Trader - Buy SideApplylocations: PA - Philadelphia (19103)time type: Full timeposted on: Posted Todayjob requisition id: R231058# **Position Overview**At PNC, our people are our greatest ...

PNC

Fixed Income Trader - Buy Side

Philadelphia, PA · On-site

As a Fixed Income Trader within PNC's Asset Management Group organization, you will be based in Philadelphia, PA. As a Fixed Income Trader, you will work with investment team portfolio managers and ...

Northern Trust

Fixed Income Trader

Chicago, IL · On-site

Fixed Income Trader The Fixed Income Trader is responsible for executing fixed income transactions in accordance with established guidelines, ensuring fair, accurate, and timely execution and ...

Trading Interview

Experienced Trader

Manhattan, NY · On-site

DV, and any successful proprietary trading firm, for matter, must have a DNA comprised of not just ... It trades exchange and over-the-counter commodity futures, fixed income, equities, options, foreign ...

US Bank

Fixed Income Trader

Harrisburg, PA

$75K - $89K/yr

Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of ...

US Bank

Fixed Income Trader

Minneapolis, MN

$75K - $89K/yr

Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of ...

US Bank

Fixed Income Trader

Philadelphia, PA

$75K - $89K/yr

Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of ...

U.S. Bank

Fixed Income Trader

Harrisburg, PA · On-site

$75K - $89K/yr

Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of ...

Trading Interview

$160K/yr

... proprietary trading firm utilizing its own capital, trading strategies, and risk management ... It trades exchange and over-the-counter commodity futures, fixed income, equities, options, foreign ...

Trading Interview

Trader

Chicago, IL · On-site

$160K/yr

... proprietary trading firm utilizing its own capital, trading strategies, and risk management ... It trades exchange and over-the-counter commodity futures, fixed income, equities, options, foreign ...

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Fixed Income Proprietary Trader information

See salary details

$43.5K

$108.7K

$195K

How much do fixed income proprietary trader jobs pay per year?

As of Sep 13, 2026, the average yearly pay for fixed income proprietary trader in the United States is $108,695.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $131,000.00 per year, depending on experience, location, and employer.

What is a fixed income proprietary trader?

Fixed Income Proprietary Traders are financial professionals who use a firm's own capital to trade fixed income securities, such as government and corporate bonds, with the goal of generating profits for the firm. Unlike traders who execute client orders, proprietary traders make decisions based on the firm's strategies and risk appetite. They analyze market trends, interest rates, and credit risk to identify opportunities. Their work is fast-paced and requires strong quantitative and analytical skills. Successful traders are adept at managing risk and adapting to changing market conditions.

What are some typical challenges faced by fixed income proprietary traders in managing risk and maintaining profitability?

Fixed Income Proprietary Traders often encounter challenges such as sudden market volatility, liquidity constraints, and rapidly shifting interest rate environments. Balancing risk exposure while seeking profit opportunities requires strong analytical skills and disciplined adherence to risk management protocols. Collaboration with risk managers and other trading desks is essential to ensure positions align with the firm's overall strategy and risk appetite. Adaptability and continuous learning are key, as market conditions and regulatory requirements can change quickly, impacting both short-term trades and long-term strategy.

What are the key skills and qualifications needed to thrive as a fixed income proprietary trader, and why are they important?

To thrive as a Fixed Income Proprietary Trader, you need a strong grasp of financial markets, quantitative analysis, and risk management, often supported by a degree in finance, economics, or a related field. Expertise with trading platforms (such as Bloomberg or Tradeweb), financial modeling software, and proficiency in programming languages like Python or VBA is highly valued. Exceptional decision-making, attention to detail, and the ability to stay calm under pressure set top traders apart. These skills are crucial to effectively analyze market trends, manage risk, and drive profitable trading strategies in a fast-paced environment.

What is the difference between Fixed Income Proprietary Trader vs Fixed Income Sales Trader?

AspectFixed Income Proprietary TraderFixed Income Sales Trader
Primary RoleTrade fixed income securities using firm’s capital to generate profitSell fixed income securities to clients and manage client relationships
Work EnvironmentTrading desks, focused on market making and risk-takingClient-facing, focused on sales and advisory
Required CredentialsTypically finance or economics degree, strong trading skills, certifications like CFAFinance background, sales experience, certifications like CFA or Series 7

Fixed Income Proprietary Traders focus on trading with the firm's own capital to profit from market movements, while Fixed Income Sales Traders primarily serve clients by selling securities and providing market insights. Both roles require financial knowledge and certifications, but their daily activities and objectives differ significantly.

What cities are hiring for Fixed Income Proprietary Trader jobs?

Cities with the most Fixed Income Proprietary Trader job openings:

What states have the most Fixed Income Proprietary Trader jobs?

States with the most job openings for Fixed Income Proprietary Trader jobs include:

What are popular job titles related to Fixed Income Proprietary Trader jobs?

For Fixed Income Proprietary Trader jobs, the most frequently searched job titles are:

Infographic showing various Fixed Income Proprietary Trader job openings in the United States as of August 2026, with employment types broken down into 57% Full Time, 40% Part Time, and 3% Contract. Highlights an 73% Physical, 1% Hybrid, and 26% Remote job distribution, with an average salary of $108,695 per year, or $52.3 per hour.

Junior Trader - Fixed Income

Chicago, IL • On-site

DV Trading
Finance and Insurance • 201 - 500 employees
Learn more about DV Tradingexternal

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

New

Job description

About Us:

Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

Overview: 

We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield, Illinois. This role is built for someone with experience on a relative value trading desk who is hungry, disciplined, and willing to put in the work required to develop into a strong trader.

This is an on-site role. Candidates must be willing to relocate to the Chicago area and work from our Northfield office for no less than two years.

Job Responsibilities:

  • Support relative value trading activity across fixed income and related markets.
  • Help identify and evaluate relative value opportunities.
  • Monitor market conditions, liquidity, positioning, and macroeconomic developments.
  • Assist with trade execution, risk monitoring, and portfolio analysis.
  • Work closely with senior traders, research, risk, and operations teams.
  • Build and maintain tools, reports, and models to support trading decisions.
  • Stay engaged with markets throughout the day and be prepared to work long hours when conditions require it.

Requirements:

  • Experience on a relative value trading desk, 6 months minimum.
  • Fixed income trading experience preferred.
  • Strong work ethic, discipline, and willingness to grind through details.
  • Ability to learn quickly, take feedback, and improve through repetition.
  • Strong attention to detail and sound judgment under pressure.
  • Comfortable working in a demanding, performance-driven trading environment.
  • Must be willing to relocate to the Chicago area.
  • Must be able to work onsite at our Northfield office for a minimum of two years.
  • Takes ownership of outcomes and does not need constant hand-holding.
  • Is curious about markets and willing to do the daily work required to build edge.
  • Can handle pressure, uncertainty, and direct feedback.
  • Cares about precision, risk, and process.
  • Wants to earn responsibility through consistent performance.

Benefits:

  • Competitive compensation package, including base salary and performance-based bonus.
  • Medical, dental, and vision insurance
  • HSA, FSA, and Dependent Care Options
  • Employer Paid Group Term Life and AD&D insurance
  • Voluntary LTD, Life & AD&D insurance
  • Flexible Vacation policy
  • Retirement plan with employer match

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV's posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.

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