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Fixed Income Trading Jobs in Naperville, IL (NOW HIRING)

Northern Trust Corp

Fixed Income Trader

Chicago, IL · On-site

$116.10 - $156.70/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

Northern Trust

Fixed Income Trader

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

Northern Trust

Fixed Income Trader

Chicago, IL · Hybrid

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

Northern Trust

Fixed Income Trader

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

Old National Bank

Securities Trader II

Joliet, IL · On-site

$62K - $122K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

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 ...

Old National Bank

Securities Trader II

Joliet, IL · On-site

$62K - $122K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

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 ...

Old Mission

Quantitative Researcher (Fixed Income)

Chicago, IL

$175K - $250K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

Northern Trust

Fixed Income Portfolio Manager

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Global Fixed Income Our research and portfolio management teams are fully integrated because we ... Our investment team is supported by a robust infrastructure of traders, operations, client service ...

Northern Trust

Fixed Income Portfolio Manager

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Global Fixed Income Our research and portfolio management teams are fully integrated because we ... Our investment team is supported by a robust infrastructure of traders, operations, client service ...

Northern Trust

Fixed Income Portfolio Manager

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Global Fixed Income Our research and portfolio management teams are fully integrated because we ... Our investment team is supported by a robust infrastructure of traders, operations, client service ...

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Showing results 1-20

All JobsFixed Income Trading JobsFixed Income Trading Jobs in Naperville, IL

Fixed Income Trading information

See Naperville, IL salary details

$43.5K

$108.6K

$194.8K

How much do fixed income trading jobs pay per year?

As of Aug 20, 2026, the average yearly pay for fixed income trading in Naperville, IL is $108,598.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,400.00 and $130,900.00 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 job categories do people searching Fixed Income Trading jobs in Naperville, IL look for?

The top searched job categories for Fixed Income Trading jobs in Naperville, IL are:

What cities near Naperville, IL are hiring for Fixed Income Trading jobs?

Cities near Naperville, IL with the most Fixed Income Trading job openings:

Fixed Income Trading jobs near you
Infographic showing various Fixed Income Trading job openings in Naperville, IL as of August 2026, with employment types broken down into 61% Full Time, 36% Part Time, and 3% Contract. Highlights an 73% Physical, 1% Hybrid, and 26% Remote job distribution, with an average salary of $108,598 per year, or $52.2 per hour.

Fixed Income Trader

Northern Trust Corp

Chicago, IL • On-site

$116.10 - $156.70/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 11 days ago

Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

Job description

## Fixed Income TraderApplylocations: Chicago, ILtime type: Full timeposted on: Posted Todayjob requisition id: R148440**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:*** 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#HybridSalary 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). #J-18808-Ljbffr

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