Junior Fixed Income Analyst Jobs in Covington, KY

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ABOUT THE ROLE:

The Fixed Income Mortgage Trading Associate I supports Fifth Third's Institutional and Retail Sales teams by providing liquidity and executing trades across residential and commercial mortgage-backed securities sectors. This role is responsible for generating revenue through strategic trading, maintaining inventory positions, and ensuring operational accuracy across trade processing and compliance. The Associate will also contribute to product education, market awareness, and cross-functional collaboration with internal and external stakeholders.

Please see below for specific responsibilities and requirements for this role.

YOUR RESPONSIBILITIES:

The responsibilities for this role are below; you may support projects of varying complexity based on skill and organizational priorities.

• Execute trades in mortgage and fixed income securities to support Institutional and Retail Sales representatives.
• Provide revenue-generating trade ideas and market insights to sales teams.
• Accurately process trades using clearing systems in accordance with Fifth Third compliance standards and industry regulations.
• Communicate effectively with sales, middle office, operations, risk management, compliance, internal business partners, and external clients.
• Monitor, reconcile, and manage inventory positions within departmental policy limits.
• File regulatory reports accurately and on time.
• Deliver product training to sales teams through formal sessions and informal daily engagement.
• Stay informed on market news, regulatory changes, and macroeconomic developments that may impact pricing, hedging, and risk strategies.

MINIMUM REQUIREMENTS:

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 3-5 years of experience in Banking, Investment Banking, M&A, or Capital Markets (strong Analyst performance required for internal promotion).
• Securities Industry Essentials (SIE), Series 7, and Series 63 licenses (or ability to obtain within company policy).

REQUIRED SKILLS:

Qualified candidates will bring professional proficiency, generally acquired through 3-5 years of relevant work or internship experience in finance, accounting, or a related field.

• Broad knowledge of the mortgage market, fixed income instruments, macroeconomics, and market structure.
• Familiarity with trading environments and broker-dealer operations.
• Strong understanding of accounting concepts and regulatory frameworks.
• Proficiency in Bloomberg and Microsoft Excel.
• High attention to detail and operational accuracy.
• Excellent interpersonal, written, and verbal communication skills.
• Ability to prioritize and manage multiple tasks in a fast-paced environment.

SKILLS FOR SUCCESS:

Successful candidates will demonstrate a higher degree of proficiency (typically from 3-5 years of practical experience or advanced academic exposure) across the following areas:

• Market Awareness & Trade Execution - Ability to identify trading opportunities and execute with precision in dynamic market conditions.
• Operational Discipline - Strong focus on accuracy, compliance, and risk management in trade processing and reporting.
• Collaborative Communication - Skilled in working across teams and functions to support sales, operations, and client engagement.
• Product Knowledge & Education - Ability to translate complex product features into clear, actionable insights for sales teams and clients.

DOING THE RIGHT THING: Our employees take pride in doing the right thing for customers and colleagues as well as being accountable for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures that protect all our valuable assets -including you.

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.