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Fixed Income Trading Jobs in Illinois (NOW HIRING)

Apptad, Inc.

Business Analyst

Naperville, IL · On-site

Equity Trading Fixed Income Trading FX Trading Derivatives and Structured Products Portfolio Management Wealth Advisory Platforms Trade Execution and Order Management Systems Trade Lifecycle ...

New

Tidal Financial Group

VP of Trading-Leverage

Oak Brook, IL · On-site

$120 - $180/hr

Execute and manage trades across equities, options, and fixed income. * Execute day-to-day duties in the Trading Operations Team, including but not limited to trade allocation, position settlement ...

Trading Interview

Trader

Chicago, IL · On-site

$120 - $160/hr

... USD DV Trading is a global liquidity provider founded in Toronto in 2006 by Dino Verbrugge. It trades exchange and over-the-counter commodity futures, fixed income, equities, options, foreign ...

Huron Consulting Group

Trade Analyst

Chicago, IL · On-site

Consultants' main role is providing trade surveillance and clearing trade alerts for various securities, including derivatives, fixed income, and equities Consultants' main role is providing trade ...

Socket.dev

Trading Application Specialist

Chicago, IL · On-site

$150 - $200/hr

S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our ...

DRW

Trading Application Specialist

Chicago, IL · On-site

$150K - $200K/yr

S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our ...

P2P

Trading Application Specialist

Chicago, IL · On-site

$150 - $200/hr

S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our ...

Huron Consulting Group

Trade Analyst

Chicago, IL · On-site +1

Consultants' main role is providing trade surveillance and clearing trade alerts for various securities, including derivatives, fixed income, and equities Consultants' main role is providing trade ...

Trading Interview

Relative Value Trader

Chicago, IL · On-site

$100 - $200/hr

... USD DV Trading is a global liquidity provider founded in Toronto in 2006 by Dino Verbrugge. It trades exchange and over-the-counter commodity futures, fixed income, equities, options, foreign ...

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Showing results 41-60

All JobsFixed Income Trading JobsFixed Income Trading Jobs in Illinois

Fixed Income Trading information

See Illinois salary details

$42.2K

$105.3K

$189K

How much do fixed income trading jobs pay per year?

As of Aug 22, 2026, the average yearly pay for fixed income trading in Illinois is $105,328.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,300.00 and $126,900.00 per year, depending on experience, location, and employer.

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 the key skills and qualifications needed to thrive as a fixed income trader?

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 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 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.

How much does a fixed income trader make?

A fixed income trader's salary varies based on experience, location, and firm size, but typically ranges from $70,000 to over $200,000 annually, with senior traders earning higher bonuses and incentives. Compensation often includes base salary, performance bonuses, and sometimes profit sharing, reflecting the trader's success and market conditions.

How to become a fixed income trader?

To become a fixed income trader, typically a bachelor's degree in finance, economics, or a related field is required. Gaining experience through internships, developing strong analytical and quantitative skills, and understanding financial markets and trading platforms are essential steps. Some traders pursue certifications like the CFA to enhance their credentials.

What does a fixed income trader do?

A fixed income trader buys and sells debt securities such as bonds and government securities on behalf of financial institutions or clients. They analyze market conditions, assess risk, and execute trades using trading platforms, often working under tight deadlines and requiring strong analytical skills and knowledge of financial markets.

What are popular job titles related to Fixed Income Trading jobs in Illinois?

For Fixed Income Trading jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Fixed Income Trading jobs in Illinois look for?

The top searched job categories for Fixed Income Trading jobs in Illinois are:

What cities in Illinois are hiring for Fixed Income Trading jobs?

Cities in Illinois with the most Fixed Income Trading job openings:

Fixed Income Trading jobs near you
Infographic showing various Fixed Income Trading job openings in Illinois as of August 2026, with employment types broken down into 66% Full Time, 32% Part Time, and 2% Contract. Highlights an 67% Physical, 1% Hybrid, and 32% Remote job distribution, with an average salary of $105,328 per year, or $50.6 per hour.

Senior Lead Software Engineer - Trading Systems

JP Morgan Chase

Chicago, IL

Full-time

Medical, Retirement

Posted 3 days ago

New

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 495 frontline employees who took The Breakroom Quiz

71st of 171 rated banks

Job description

We have an opportunity to impact your career where you can push your limits of what's possible

As a Senior Lead Software Engineer at JPMorganChase within the Corporate & Investment Bank Securitized Product Group Technology team,  you will be a subject matters expert (SME) for a specific area of trade pre-trade, trade capture, pricing, and real-time risk & pnl stream of work. Your expertise is applied cross-functionally to drive the adoption and implementation of technical methods within various teams and aid the firm in remaining at the forefront of industry trends, best practices, and technological advances.

Job responsibilities

  • Programming and problem-solves with 100% hands-on development, support , bug fixes and users' management skills.
  • Design and develop trading tools, technical solutions and streamline technological stack across pre-trade, trade capture and pricing domain of FICC asset class.
  • Conduct thorough analysis of legacy systems and processes; identify areas for improvement and innovation.
  • Develop metrics and KPIs to measure the success of transformation initiatives and report progress to senior leadership.
  • Drive the design and development of the new system, deep dive in-to existing system and processes to propose solutions.
  • Collaborate with wider SPG Trading, Risk and P&L teams to build scalable and robust solutions that support business needs.
  • Quickly develop proof-of-concept solution to prove feasibility of technological solutions.
  • Proactively communicate to management and business stake holders.
  • Lead pilot projects to test new technologies and methodologies, evaluating their potential impact on the firm.
  • Drives adoption and governance of approved AI-assisted engineering practices across teams to improve code quality, delivery speed, and operational outcomes (e.g., AI-assisted code review/refactoring, test acceleration, release readiness, incident/root-cause analysis), while establishing measurable validation standards (secure coding, peer review, automated testing) and promoting reuse of proven patterns and automation within the SDLC/TLM toolchain.
  • Applies knowledge of tools within the Software Development Life Cycle toolchain, including approved AI-assisted development and automation capabilities, to improve the value realized by automation at scale.

Required qualifications, capabilities, and skills

  • Formal training or certification on software engineering concepts and 5+ years of applied experience of Java, Core Spring Framework and including other sub-projects like Spring Boot and Spring Cloud.  Python or C++ are also acceptable

  • Experience in developing software using Kafka, IBM MQ, Tibco and AMPS as messaging hubs.
  • Experience in developing transformation projects with latest technological skills in Fixed Income trading system domain.
  • Demonstrated prior experience influencing across highly matrixed, complex organizations and delivering value at scale
  • Experience in working on complex projects supporting system design, testing, and operational stability
  • Expertise in Computer Science, Computer Engineering, Mathematics, or a related technical field
  • Demonstrated experience leading effective use of enterprise-authorized AI-assisted software development tools within the work environment (e.g., for coding, code review, test acceleration, troubleshooting) with the ability to set team expectations for validating AI outputs for correctness, performance, and security
  • Strong understanding of responsible AI use in engineering workflows, including data sensitivity considerations, secure handling of inputs/outputs, and adherence to resiliency and security expectations; experience coaching senior engineers/leads on compliant usage patterns and controls.

Preferred qualifications, capabilities, and skills

  • 10+ years of software development experience using either: Java, Python, C++ or SQL. 
  • Experience as a lead software engineer for a small team is preferred.
  • Strong understanding of programming and problem-solving skills.
  • Team player and positive attitude.
  • Graduate degree in Computer science/engineering field.
  • AI/ML, NLP knowledge
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

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