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Fixed Income Trading Jobs in California (NOW HIRING)

Associate, Short Term Trader

Newport Beach, CA · On-site

$17 - $22.50/hr

PIMCO is a global leader in active fixed income with deep expertise across public and private ... Strong trading and/or portfolio management background, broadly including corporate bonds, US and ...

Associate, Short Term Trader

Newport Beach, CA · On-site

$17 - $22.50/hr

PIMCO is a global leader in active fixed income with deep expertise across public and private ... Strong trading and/or portfolio management background, broadly including corporate bonds, US and ...

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Showing results 1-20

Fixed Income Trading information

See California salary details

$42.9K

$107.3K

$192.4K

How much do fixed income trading jobs pay per year?

As of Jul 18, 2026, the average yearly pay for fixed income trading in California is $107,272.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,600.00 and $129,300.00 per year, depending on experience, location, and employer.

What is the difference between Fixed Income Trading vs Fixed Income Sales?

AspectFixed Income TradingFixed Income Sales
Primary RoleExecuting bond and debt security trades for clients or firmBuilding client relationships and selling fixed income products
Work EnvironmentFast-paced trading floors, financial institutionsClient-facing, relationship management
Required SkillsMarket analysis, trading strategies, quick decision-makingCommunication, client service, product knowledge
CertificationsSeries 7, 63, 65/66 often requiredSeries 7, 63, 65/66 often required

Fixed Income Trading involves executing bond trades and managing market risks, focusing on market strategies and quick decision-making. Fixed Income Sales centers on client relationships and selling fixed income products, emphasizing communication and client service. Both roles often require similar certifications and work within the same industry environment, but their core functions differ significantly.

What is fixed income trading?

Fixed income trading involves the buying and selling of securities that pay fixed interest or dividends, such as government and corporate bonds. Traders in this field analyze economic trends, interest rates, and credit risk to make informed decisions about when to buy or sell these securities. The goal is to generate returns for investors while managing risks associated with interest rate fluctuations and issuer creditworthiness. Fixed income trading can take place in various markets, including over-the-counter and exchange-traded platforms.

What are some common challenges faced by professionals in Fixed Income Trading, and how can they be addressed?

Fixed Income Trading professionals often encounter challenges such as managing interest rate risk, staying updated with rapidly changing market conditions, and ensuring regulatory compliance. Successfully navigating these challenges requires strong analytical skills, real-time market monitoring, and close collaboration with research teams and compliance officers. Building effective communication with sales and portfolio management teams also helps in making informed trading decisions and adapting strategies as market dynamics evolve.

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

To thrive as a Fixed Income Trader, you need a strong understanding of financial markets, fixed income instruments, and quantitative analysis, often supported by a finance degree or relevant certifications such as CFA. Proficiency with trading platforms (e.g., Bloomberg Terminal), risk management systems, and financial modeling tools is essential. Strong analytical thinking, attention to detail, and effective communication are vital soft skills for making informed decisions and managing client relationships. These skills and qualifications are crucial for navigating complex markets, optimizing trade performance, and ensuring compliance in a highly regulated environment.
What are popular job titles related to Fixed Income Trading jobs in California? For Fixed Income Trading jobs in California, the most frequently searched job titles are:
What job categories do people searching Fixed Income Trading jobs in California look for? The top searched job categories for Fixed Income Trading jobs in California are:
What cities in California are hiring for Fixed Income Trading jobs? Cities in California with the most Fixed Income Trading job openings:
Infographic showing various Fixed Income Trading job openings in California as of July 2026, with employment types broken down into 71% Full Time, 24% Part Time, 2% Temporary, and 3% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $107,272 per year, or $51.6 per hour.
Director, Prime Trading

Director, Prime Trading

Fidelity Investments

San Francisco, CA • On-site

$103K/yr

Full-time

Medical, Retirement, PTO

Re-posted 18 days ago


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 266 frontline employees who took The Breakroom Quiz

17th of 148 rated financial services


Job description


NOTE: Fidelity will not provide sponsorship for this position.
The Role
This individual will be part of a dynamic team supporting Prime, Custody and Family Office clients as well as the Fidelity Capital Markets organization. The role requires a heavy emphasis on trading and related activities across all asset classes including equities, ETFs, options, and fixed income products. This role requires close coordination with other trading desks, risk, compliance, and operations. A high degree of accuracy, market awareness, communication skills, and a commitment to delivering a superior client trading experience are essential.
Client Coverage and Relationship Management
  • Serve as the primary point of contact for family offices, RIA's and Prime clients on trading and operational matters across all asset classes including equities, ETFs, options, and fixed income.
  • Maintain strong, trusted relationships with internal trading desks, risk teams, and external market participants.

Trading Support and Daily Operations
  • Demonstrated understanding of markets, trading, and liquidity characteristics across equities, ETFs, options, and fixed income.
  • Oversee daily trade-related support including order inquiries, execution status, trade adjustments, position breaks, and settlement issues.

Margin, Risk and Controls
  • Ability to analyze client activity, margin usage, and risk exposures
  • Monitor, track, and coordinate resolution of margin calls driven by market activity across multiple products.
  • Communicate risk events, low-cash conditions, or collateral shortfalls proactively to clients and internal risk teams.

The Expertise and Skills You Bring
  • Series 7, 57, and 63 licenses required
  • Bachelor's degree in Finance, Accounting, or Economics
  • 7-10+ years of financial industry experience
  • Brokerage or trading experience strongly preferred
  • Proven ability to communicate effectively at all organizational levels
  • Collaborative, team-oriented, and proactive
  • Highly self-motivated with strong work ethics
  • Ability to balance and prioritize multiple tasks under tight deadlines

The Team
Fidelity Capital Markets is the institutional trading arm of Fidelity Investments, providing trading products and services to a wide array of clients, including buy-side institutions and hedge funds, as well as to Fidelity's own businesses. FCM offers a suite of electronic brokerage products and execution services across multiple asset classes including equities, fixed income, options, and forex, as well as prime brokerage, securities lending, and municipal and bank issued brokered CD underwriting. Our product coverage includes Equity Block Sales/Trading, Program/Electronic Trading, SAM Trading, International Equity Trading, Prime Brokerage, Soft Dollars, and New Accounts.
Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
The base salary range for this position is $103,000-211,000 USD per year.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
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Category:
Investment Operations

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