Fixed Income Trader
Chicago, IL · On-site
Adheres to trading procedures, risk controls, and governance standards. Qualifications: * Preferred: College or University degree. * 3-5 yrs prior experience in fixed income trading or a closely ...
Fixed Income Trader
Chicago, IL · On-site
Adheres to trading procedures, risk controls, and governance standards. Qualifications: * Preferred: College or University degree. * 3-5 yrs prior experience in fixed income trading or a closely ...
Fixed Income Trader
Chicago, IL · On-site
Adheres to trading procedures, risk controls, and governance standards. Qualifications: * Preferred: College or University degree. * 3-5 yrs prior experience in fixed income trading or a closely ...
Fixed Income Trader
Chicago, IL · On-site
Adheres to trading procedures, risk controls, and governance standards. Qualifications: * Preferred: College or University degree. * 3-5 yrs prior experience in fixed income trading or a closely ...
Fixed Income Trader
Chicago, IL · Hybrid
Adheres to trading procedures, risk controls, and governance standards. Qualifications: * Preferred: College or University degree. * 3-5 yrs prior experience in fixed income trading or a closely ...
Fixed Income Trader
Chicago, IL · Hybrid
Adheres to trading procedures, risk controls, and governance standards. Qualifications: * Preferred: College or University degree. * 3-5 yrs prior experience in fixed income trading or a closely ...
Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...
Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...
Junior Trader - Fixed Income
Chicago, IL · On-site
$80K - $120K/yr
Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...
Junior Trader - Fixed Income
Chicago, IL · On-site
$80K - $120K/yr
Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...
Junior Trader - Fixed Income
Chicago, IL · On-site
$80K - $120K/yr
Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...
Quick apply
Junior Trader - Fixed Income
Chicago, IL · On-site
$80K - $120K/yr
Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...
Junior Trader - Fixed Income
$80K - $120K/yr
Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...
Quick apply
Junior Trader - Fixed Income
$80K - $120K/yr
Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an ... We are seeking a Junior Trader with Fixed Income experience to join our trading team in Northfield ...
Fixed Income Senior Associate
Chicago, IL · On-site
$65K - $100K/yr
Executes fixed income trades efficiently while minimizing market impact and transaction costs. * Ensures trade orders are executed fairly and equitably, including prompt execution without bias toward ...
Fixed Income Senior Associate
Chicago, IL · On-site
$65K - $100K/yr
Executes fixed income trades efficiently while minimizing market impact and transaction costs. * Ensures trade orders are executed fairly and equitably, including prompt execution without bias toward ...
Fixed Income Senior Associate
Chicago, IL · Hybrid
$65K - $100K/yr
Executes fixed income trades efficiently while minimizing market impact and transaction costs. * Ensures trade orders are executed fairly and equitably, including prompt execution without bias toward ...
Fixed Income Senior Associate
Chicago, IL · Hybrid
$65K - $100K/yr
Executes fixed income trades efficiently while minimizing market impact and transaction costs. * Ensures trade orders are executed fairly and equitably, including prompt execution without bias toward ...
The Fixed Income Trading Executive Director is a leadership position responsible for overseeing trading strategy, risk management, and revenue generation across a designated asset class. This role ...
The Fixed Income Trading Executive Director is a leadership position responsible for overseeing trading strategy, risk management, and revenue generation across a designated asset class. This role ...
VP of Trading-Fixed Income
Oak Brook, IL · On-site
We are seeking a highly skilled and experienced Fixed Income ETF Portfolio Manager and trading leader responsible for the implementation, management, and oversight of various Exchange-Traded Fund ...
VP of Trading-Fixed Income
Oak Brook, IL · On-site
We are seeking a highly skilled and experienced Fixed Income ETF Portfolio Manager and trading leader responsible for the implementation, management, and oversight of various Exchange-Traded Fund ...
Support the fixed income portfolio manager(s) with analytical support, trading, reporting and completing client deliverables. * Be a liaison between various internal groups related to fixed income ...
Support the fixed income portfolio manager(s) with analytical support, trading, reporting and completing client deliverables. * Be a liaison between various internal groups related to fixed income ...
Investment Manager Research Analyst: Fixed Income and Private Credit
Chicago, IL · On-site
$85K - $120K/yr
Support the fixed income portfolio manager(s) with analytical support, trading, reporting and completing client deliverables. * Be a liaison between various internal groups related to fixed income ...
Investment Manager Research Analyst: Fixed Income and Private Credit
Chicago, IL · On-site
$85K - $120K/yr
Support the fixed income portfolio manager(s) with analytical support, trading, reporting and completing client deliverables. * Be a liaison between various internal groups related to fixed income ...
Fixed Income Research Analyst: Industrials & Utilities
Chicago, IL · On-site
$116K - $197K/yr
... with fixed income investments held in agency and fiduciary accounts. Consults with portfolio ... Maintains updated information systems that provide traders and portfolio managers timely ...
Fixed Income Research Analyst: Industrials & Utilities
Chicago, IL · On-site
$116K - $197K/yr
... with fixed income investments held in agency and fiduciary accounts. Consults with portfolio ... Maintains updated information systems that provide traders and portfolio managers timely ...
Fixed Income Research Analyst: Industrials & Utilities
Chicago, IL · On-site
$116K - $197K/yr
... with fixed income investments held in agency and fiduciary accounts. Consults with portfolio ... Maintains updated information systems that provide traders and portfolio managers timely ...
Fixed Income Research Analyst: Industrials & Utilities
Chicago, IL · On-site
$116K - $197K/yr
... with fixed income investments held in agency and fiduciary accounts. Consults with portfolio ... Maintains updated information systems that provide traders and portfolio managers timely ...
Fixed Income Research Analyst: Industrials & Utilities
Chicago, IL · On-site
$116K - $197K/yr
... with fixed income investments held in agency and fiduciary accounts. Consults with portfolio ... Maintains updated information systems that provide traders and portfolio managers timely ...
Fixed Income Research Analyst: Industrials & Utilities
Chicago, IL · On-site
$116K - $197K/yr
... with fixed income investments held in agency and fiduciary accounts. Consults with portfolio ... Maintains updated information systems that provide traders and portfolio managers timely ...
Securities Trader II
$62K - $122K/yr
Possess the skills to evaluate fixed income securities and their suitability for individual portfolios, including the ability to leverage trading relationships to assist Portfolio Managers and Wealth ...
Securities Trader II
$62K - $122K/yr
Possess the skills to evaluate fixed income securities and their suitability for individual portfolios, including the ability to leverage trading relationships to assist Portfolio Managers and Wealth ...
Securities Trader II
Joliet, IL · On-site
$62K - $122K/yr
Possess the skills to evaluate fixed income securities and their suitability for individual portfolios, including the ability to leverage trading relationships to assist Portfolio Managers and Wealth ...
Securities Trader II
Joliet, IL · On-site
$62K - $122K/yr
Possess the skills to evaluate fixed income securities and their suitability for individual portfolios, including the ability to leverage trading relationships to assist Portfolio Managers and Wealth ...
Securities Trader II
Joliet, IL · On-site
$62K - $122K/yr
Possess the skills to evaluate fixed income securities and their suitability for individual portfolios, including the ability to leverage trading relationships to assist Portfolio Managers and Wealth ...
Securities Trader II
Joliet, IL · On-site
$62K - $122K/yr
Possess the skills to evaluate fixed income securities and their suitability for individual portfolios, including the ability to leverage trading relationships to assist Portfolio Managers and Wealth ...
Quantitative Researcher (Fixed Income)
$175K - $250K/yr
The ideal candidate will have experience trading fixed income assets, corporate bonds, and other debt instruments. This Quantitative Researcher will be familiar with building and improving the firm ...
Quantitative Researcher (Fixed Income)
$175K - $250K/yr
The ideal candidate will have experience trading fixed income assets, corporate bonds, and other debt instruments. This Quantitative Researcher will be familiar with building and improving the firm ...
Fixed Income Trading information
See Chicago, IL salary details
$44.8K - $59K
8% of jobs
$59K - $73.2K
14% of jobs
$76K is the 25th percentile. Wages below this are outliers.
$73.2K - $87.4K
18% of jobs
$87.4K - $101.6K
10% of jobs
The median wage is $102.1K / yr.
$101.6K - $115.8K
17% of jobs
$125K is the 75th percentile. Wages above this are outliers.
$115.8K - $130K
13% of jobs
$130K - $144.2K
6% of jobs
$144.2K - $158.4K
9% of jobs
$158.4K - $172.6K
1% of jobs
$172.6K - $186.8K
2% of jobs
$186.8K - $201K
2% of jobs
$44.8K
$112.1K
$201K
How much do fixed income trading jobs pay per year?
As of Jul 27, 2026, the average yearly pay for fixed income trading in Chicago, IL is $112,060.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,700.00 and $135,100.00 per year, depending on experience, location, and employer.
What is the difference between Fixed Income Trading vs Fixed Income Sales?
| Aspect | Fixed Income Trading | Fixed Income Sales |
|---|---|---|
| Primary Role | Executing bond and debt security trades for clients or firm | Building client relationships and selling fixed income products |
| Work Environment | Fast-paced trading floors, financial institutions | Client-facing, relationship management |
| Required Skills | Market analysis, trading strategies, quick decision-making | Communication, client service, product knowledge |
| Certifications | Series 7, 63, 65/66 often required | Series 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 Chicago, IL? For Fixed Income Trading jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Fixed Income Trading jobs in Chicago, IL look for? The top searched job categories for Fixed Income Trading jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Fixed Income Trading jobs? Cities near Chicago, IL with the most Fixed Income Trading job openings:
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 17 days ago
Northern Trust rating
8.2
Based on 27 frontline employees who took The Breakroom Quiz
Job description
About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
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 settlement.
The role requires close monitoring of market conditions, disciplined management of order flow, and effective communication of relevant pricing and market developments to portfolio managers and key stakeholders.
Major Duties:
Qualifications:
Preferred Qualifications:
#LI-MG1
#Hybrid
Salary Range:
116,100 to 156,700 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
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 settlement.
The role requires close monitoring of market conditions, disciplined management of order flow, and effective communication of relevant pricing and market developments to portfolio managers and key stakeholders.
Major Duties:
- Executes fixed income trades while minimizing market impact and transaction costs.
- Ensures fair, timely, and unbiased trade execution.
- Partners with clients and internal stakeholders on investment ideas and strategy implementation.
- Communicates market developments and pricing impacts to portfolio managers and other stakeholders.
- Ensures accurate and timely trade settlement in accordance with established controls.
- Maintains relationships with counterparties to support trading execution and liquidity management.
- Responds promptly to client, portfolio management, and internal partner inquiries.
- Maintains knowledge of applicable regulations, industry practices, and trading requirements.
- Adheres to trading procedures, risk controls, and governance standards.
Qualifications:
- Preferred: College or University degree.
- 3-5 yrs prior experience in fixed income trading or a closely related trading role.
- Strong knowledge of investments, including terminology, instruments, general industry practices, market structures, execution techniques, regulatory environment, and relevant securities laws, typically acquired through on-the-job experience and/or completion of a four-year degree, to support effective fixed income trade execution.
- Demonstrated ability to assess market events, exercise sound judgment, and make timely decisions in dynamic market conditions.
Preferred Qualifications:
- FINRA Securities Licenses 7, 52, and 63 required; Series 53 is a plus.
- Versatility across multiple fixed income products, supporting broader market insight and cross-product collaboration.
#LI-MG1
#Hybrid
Salary Range:
116,100 to 156,700 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
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