ZipRecruiter

Log In

1

High Yield Trader Jobs (NOW HIRING)

Baillie Gifford

Trader (North America)

New York, NY · On-site

$175K - $225K/yr

Knowledge of fixed income (investment grade, high yield, or rates) and FX trading preferred but not required * Strong understanding of risk management principles and portfolio construction ...

Genworth

Senior Trader, Public Credit

Stamford, CT · On-site

$122K - $189K/yr

The role is expected to focus primarily on public Investment Grade and High Yield Corporate Credit ... The Trading function is central to converting portfolio strategy into executable investment ...

previous pagenext page

Showing results 21-40

All JobsFinance And Insurance JobsBank JobsInvestment Banker JobsHigh Yield Trader Jobs

High Yield Trader information

See salary details

$50K

$105.8K

$150K

How much do high yield trader jobs pay per year?

As of Sep 11, 2026, the average yearly pay for high yield trader in the United States is $105,750.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,000.00 and $120,000.00 per year, depending on experience, location, and employer.

What is a high yield trader?

A High Yield Trader is a financial professional who specializes in buying and selling high-yield bonds, also known as junk bonds, which offer higher interest rates due to their increased risk. These traders analyze market trends, assess credit risk, and execute trades to maximize returns for their clients or firms. High Yield Traders often work for investment banks, hedge funds, or asset management companies, focusing on fixed income securities in the non-investment grade credit market. Their role requires strong analytical skills, deep knowledge of credit markets, and the ability to make quick decisions in fast-paced environments.

What are the key skills and qualifications needed to thrive as a high yield trader?

To thrive as a High Yield Trader, you need strong analytical abilities, in-depth knowledge of fixed income markets, and usually a degree in finance or a related field. Familiarity with trading platforms like Bloomberg, risk management systems, and relevant certifications such as the CFA are highly valued. Excellent communication, quick decision-making, and resilience under pressure are critical soft skills in this role. These competencies are vital for managing risk, identifying profitable opportunities, and succeeding in fast-moving, high-stakes trading environments.

What are some common challenges faced by high yield traders and how can they be addressed?

High Yield Traders frequently navigate volatile markets and liquidity risks, especially when dealing with less liquid or lower-rated fixed income securities. Staying updated on market trends, maintaining strong relationships with counterparties, and leveraging robust risk management tools are essential strategies for mitigating these challenges. Additionally, effective communication with research analysts and portfolio managers helps traders make informed decisions and quickly adapt to shifting market conditions.

What is the difference between High Yield Trader vs Investment Analyst?

AspectHigh Yield TraderInvestment Analyst
Required CredentialsBachelor's degree, possibly CFA or similar certificationsBachelor's degree, often CFA or related certifications
Work EnvironmentFast-paced trading floors, financial institutionsResearch firms, asset management companies, banks
Employer & Industry UsageInvestment banks, hedge funds, asset managersAsset management firms, banks, research firms
Common Search & ComparisonHigh Yield Trader vs Investment Analyst

The main difference between a High Yield Trader and an Investment Analyst lies in their roles. High Yield Traders focus on executing trades and managing portfolios of high-yield bonds, working in fast-paced trading environments. Investment Analysts, on the other hand, conduct research and analyze securities, including high-yield bonds, to provide investment recommendations. Both roles often require similar educational backgrounds and certifications, but their daily tasks and work environments differ significantly.

How much do high yield traders make?

High yield traders typically earn a base salary ranging from $70,000 to $150,000 annually, with total compensation often exceeding $200,000 when including bonuses and incentives. Compensation varies based on experience, performance, and the size of the firm, with successful traders earning significantly more through performance-based bonuses.
More about High Yield Trader jobs

What cities are hiring for High Yield Trader jobs?

Cities with the most High Yield Trader job openings:

What states have the most High Yield Trader jobs?

States with the most job openings for High Yield Trader jobs include:

What are popular job titles related to High Yield Trader jobs?

For High Yield Trader jobs, the most frequently searched job titles are:

High Yield Trader jobs near you
Infographic showing various High Yield Trader job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $105,750 per year, or $50.8 per hour.

Senior High-Yield Investment Research Analyst

Stamford, CT • On-site

Progressive Casualty Insurance Company
See more jobs at Progressive Casualty Insurance Companyexternal

$200K - $240K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago

Progressive Insurance rating

8.6

Company rating: 8.6 out of 10

Based on 601 frontline employees who took The Breakroom Quiz

Job description

Progressive is dedicated to helping employees move forward and live fully in their careers. Your journey has already begun. Apply today and take the first step to Destination: Progress.
As asenior high-yield investment research analyst,you'll conduct research analysis on non-investment grade companies and support the research efforts and portfolio construction of a portfolio manager. In this role, you'll work closely with portfolio managers on in-depth issuer, industry and security research and valuation, while following market, issuer and security developments.
Minimum qualifications
  • Bachelor's degree and a minimum of eight years of relevant work experience
  • OR a master's degree or higher, with at least six years of relevant work experience

Preferred Skills
  • Knowledge of fixed income, bond math, yield curve dynamics, accounting, corporate credit analysis, financial modeling, covenants, macro-economics and market regulations.
  • Ability to independently conduct fixed income research; analysis may focus on individual securities, issuers or sectors.
  • Knowledge and understanding to make buy/sell recommendations
  • Strong relationship building skills with ability to build and maintain relationships with dealers and execute trades

Compensation
  • Base: $200,000 - $240,000/year depending on position level and experience
  • Gainshare annual cash incentive payment up to 80% of your eligible earnings based on company performance and experience level
  • Participation in our restricted stock units plan

Benefits
  • 401(k) with dollar-for-dollar company match up to 6%
  • Medical, dental & vision, including free preventative care
  • Wellness & mental health programs
  • Health care flexible spending accounts, health savings accounts, & life insurance
  • Paid time off, including volunteer time off
  • Paid & unpaid sick leave where applicable, as well as short & long-term disability
  • Parental & family leave; military leave & pay
  • Diverse, inclusive & welcoming culture with Employee Resource Groups
  • Career development

Equal Opportunity Employer
Applicants must be authorized to work for any employer in the U.S. without the need or potential need, of current or future sponsorship for employment. Progressive does not hire candidates with (e.g., F-1 CPT, OPT, or STEM OPT, H-1B, O-1, E-3, TN) statuses for this role.
For ideas about how you might be able to protect yourself from job scams, visit our scam-awareness page at https://careers.progressive.com/pages/how-we-hire-faq-job-scams/
Share: Email X Facebook LinkedIn

What Progressive Insurance employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply