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Fixed Income Trading Assistant Jobs (NOW HIRING)

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Fixed Income Trading Assistant information

What are the key skills and qualifications needed to thrive as a Fixed Income Trading Assistant, and why are they important?

To thrive as a Fixed Income Trading Assistant, you need strong analytical skills, attention to detail, and a solid understanding of financial markets, typically supported by a degree in finance, economics, or a related field. Familiarity with trading platforms (like Bloomberg or Tradeweb), proficiency in Excel, and sometimes FINRA licenses such as Series 7 or 63 are commonly required. Excellent communication, organizational skills, and the ability to work efficiently under pressure are valuable soft skills in this role. These skills and qualifications ensure accuracy in trade execution, effective support for traders, and reduced operational risk in a fast-paced trading environment.

How does a Fixed Income Trading Assistant typically support traders during fast-paced market activity?

A Fixed Income Trading Assistant plays a vital role in ensuring smooth trade execution by handling trade bookings, reconciling discrepancies, and managing real-time data entry during busy market periods. They often monitor multiple communication channels, coordinate with back-office and compliance teams, and help traders manage risk by providing timely updates on trade statuses. This fast-paced environment requires strong attention to detail and the ability to prioritize tasks quickly, as errors can have significant financial impacts.

What is a Fixed Income Trading Assistant?

A Fixed Income Trading Assistant supports traders who buy and sell fixed income securities such as bonds, treasury notes, and other debt instruments. They are responsible for trade execution support, trade booking, monitoring settlements, and ensuring compliance with regulations. Their role also includes handling administrative tasks, preparing reports, and communicating with other departments to ensure smooth trading operations. This position requires strong analytical skills, attention to detail, and knowledge of financial markets, especially in the fixed income sector.

How much do fixed income traders make?

Fixed income traders typically earn between $60,000 and $150,000 annually, with experienced professionals and those in major financial centers earning higher salaries. Compensation often includes bonuses based on trading performance and market conditions, and success in the role requires strong analytical skills and knowledge of financial markets.

What job makes $10,000 a month without a degree?

A Fixed Income Trading Assistant typically does not earn $10,000 a month without relevant experience or industry knowledge. High-paying roles in finance or sales may reach that level, but they often require specialized skills, certifications, or extensive experience rather than just a degree. Most jobs with such salaries involve performance-based bonuses or commissions and may require specific training or licensing.

What is the difference between Fixed Income Trading Assistant vs Fixed Income Analyst?

AspectFixed Income Trading AssistantFixed Income Analyst
CredentialsTypically requires a bachelor's degree in finance, economics, or related field; certifications like CFA are a plusRequires a bachelor's degree; CFA or similar certifications often preferred
Work EnvironmentSupports trading desks, works closely with traders, fast-paced environmentAnalyzes market data, prepares reports, more research-focused
Employer & Industry UsageUsed in investment banks, asset management firms, trading desksFound in asset management firms, investment banks, research institutions

The main difference is that Fixed Income Trading Assistants support trading activities and execute orders, while Fixed Income Analysts focus on market research and analysis. Both roles require similar educational backgrounds and certifications, but their daily tasks and work environments differ significantly.

More about Fixed Income Trading Assistant jobs
What cities are hiring for Fixed Income Trading Assistant jobs? Cities with the most Fixed Income Trading Assistant job openings:
What states have the most Fixed Income Trading Assistant jobs? States with the most job openings for Fixed Income Trading Assistant jobs include:
Infographic showing various Fixed Income Trading Assistant job openings in the United States as of May 2026, with employment types broken down into 2% As Needed, 55% Full Time, 41% Part Time, and 2% Contract. Highlights an 10% Physical, and 90% Remote job distribution.

Senior Engineer - Fixed Income Trading

Bank of America

New York, NY โ€ข On-site

$134K - $176.70K/yr

Full-time

PTO

Posted 8 days ago


Job description

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for defining and leading the engineering approach for complex features to deliver significant business outcomes. Key responsibilities of the job include delivering complex features and technology, enabling development efficiencies, providing technical thought leadership based on conducting multiple software implementations, and applying both depth and breadth in a number of technical competencies. Additionally, this job is accountable for end-to-end solution design and delivery.

Job Profile Summary:

This role is for an experienced Senior Engineer to build and lead a Risk technology team covering AMRS Fixed Income trading. As the team's US senior figure, you will lead a highcaliber team; represent the team in local forums; and be the primary representative to local users trading a variety of Linear products. You and the team will specialize in intraday risk management, where you will, in collaboration with the global Risk Lead, take ownership of the AMRS platform and build out cutting edge capabilities for our Front Office users. The organization is a dynamic and expanding team delivering modern, highperformance systems that underpin FICC Trading. Sitting at the intersection of Global Markets Front Office Trading, Quantitative Services, and Engineering, the team builds scalable tools that drive realtime decision making and front office trading activities. As we scale our global footprint, we are looking for an experienced Senior Engineer to join us as the local AMRS Lead, playing a central role in shaping and driving the technology that powers our platforms.

Responsibilities:

  • Ensures that the design and engineering approach for complex features are consistent with the larger portfolio solution
  • Define the technology tool stack for the solution and evaluate and adapt new testing tool/framework/practices for team(s)
  • Enables team(s)/applications with Continuous Integration/Continuous Development (CI/CD) capabilities and engages with other technical stakeholders pertaining to efficient functioning of CI-CD pipeline
  • Guides and influences team(s) on design and best practices for high code performance -e.g. pairing, code reviews
  • Provides end-to-end delivery of complex features, including automation, for either a single team or multiple teams, at the program level
  • Conducts research, design prototyping and other exploration activities such as evaluating new toolsets and components for release management, CI/CD, and features
  • Works with stakeholders to establish high-level solution needs and with architects for technical requirements

Required Qualifications:

  • Extensive experience in software engineering, with a strong track record in Financial Services (ideally front office technology).
  • Deep knowledge of Risk Systems, Trading Platforms or Pricing Engines within Rates or similar Fixed Income asset classes.
  • Strong understanding of front office workflows.
  • Fluency in OO or Functional languages including but not limited to Python (preferred), C#, Java, or C++.
  • Track record of success working in Agile environments (e.g. SCRUM, Kanban) and continuous integration.
  • Excellent problem solving and analytical skills in a high-pressure environment.
  • Candidate must be a strong team player with excellent communication skills, comfortable in communicating with business users.

Desired Qualifications:

  • Degree in Computer Science, Physics, Engineering, Mathematics, or relevant analytical degree.
  • Experience with large scale risk platforms such as SecDB, Athena, or Quartz.

Skills:

  • Automation
  • Influence
  • Result Orientation
  • Stakeholder Management
  • Technical Strategy Development
  • Application Development
  • Architecture
  • Business Acumen
  • Risk Management
  • Solution Design
  • Agile Practices
  • Analytical Thinking
  • Collaboration
  • Data Management
  • Solution Delivery Process

Minimum Education Requirement: Bachelor Degree or Equivalent Professional Experience

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540)Pay and benefits informationPay range$122,000.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.