Associate Fixed Income Trader

The Charles Schwab Corporation; Naples (FL); Hybrid; USD 110,000 - 160,000; Full time

Benefits offered by this job

401(k) with company match

Paid time off

28-day sabbatical after every 5 years

Parental leave and family building

Tuition reimbursement

Health, dental, and vision insurance

Job summary

The Charles Schwab Corporation in Naples, FL, is seeking an Associate Fixed Income Trader to support the execution of fixed income trades across mutual funds, ETFs, and other strategies. The role collaborates with senior traders, portfolio managers, risk, operations, compliance, and technology partners to achieve best execution and scalable processes.

You will use pre-trade analytics, market data, and electronic platforms to guide trade strategy, monitor market conditions, and participate in

Qualifications

• Bachelor’s degree or equivalent experience in finance, economics, math, business, or engineering.
• Two+ years in fixed income trading, portfolio management, trade support, capital markets, or related area.
• Working knowledge of fixed income products, market structure, trade life cycle, and execution venues.
• Familiarity with trading platforms and analytics tools (Aladdin, Bloomberg, Tradeweb, MarketAxess, InvestorTools).
• Strong analytical skills to interpret data, evaluate trades, and communicate findings clearly.
• High attention to detail, organizational skills, and ability to manage competing priorities in a fast-paced environment.

Responsibilities

• Assist with execution of fixed income trades across asset classes (U.S. Treasuries, agencies, municipal bonds, corporates).
• Use pre-trade analytics, market data, electronic platforms, and internal tools to support trade decisions.
• Strive for best execution by evaluating price, liquidity, market impact, and counterparty responsiveness.
• Monitor market conditions, dealer inventories, new issue activity, and relative value opportunities.
• Collaborate with portfolio managers and senior traders to understand order objectives and execution preferences.
• Support post-trade cost analysis and use results to improve future trading outcomes.
• Maintain relationships with broker-dealers and trading venues; support governance and compliance reviews.
• Contribute to process improvements in trading workflows, automation, and data analysis.

Skills

Analytical skills

Attention to detail

Communication skills

Collaboration

Prioritization

Education

Bachelor's degree in finance, economics, mathematics, business, engineering, or related field

Tools

Aladdin

Bloomberg

Tradeweb

MarketAxess

InvestorTools

Job description

Your Opportunity

The Associate Fixed Income Trader will support the execution of fixed income securities and related instruments across mutual funds, ETFs, separately managed accounts, and other investment strategies. This role will work closely with senior traders, portfolio managers, credit research, investment risk, operations, compliance, and technology partners to help achieve best execution, strengthen trading workflows, and contribute to scalable investment processes.

Key Responsibilities

• Assist with the execution of fixed income trades across multiple asset classes, including U.S. Treasuries, agencies, municipal bonds, corporate bonds, securitized products, and related derivatives.
• Use pre-trade analytics, market data, electronic trading platforms, and internal tools to support trade strategy and execution decisions.
• Seek to obtain best execution by evaluating price, liquidity, market impact, counterparty responsiveness, execution venue, and operational considerations.
• Monitor market conditions, dealer inventories, new issue activity, and relative value opportunities to support portfolio implementation.
• Partner with portfolio managers and senior traders to understand order objectives, urgency, portfolio constraints, and execution preferences.
• Support post-trade transaction cost analysis and use results to help improve future trading outcomes.
• Help maintain strong relationships with approved broker-dealers, trading venues, and other market participants.
• Contribute to process improvement initiatives, including trading workflow design, automation, data analysis, and technology enhancements.
• Assist with governance, reporting, trade documentation, and materials related to trading oversight, best execution, risk management, and compliance reviews.
• Work with trade operations, compliance, business unit risk, and technology teams to resolve trade issues, operational events, and system or workflow questions.

What you have

Required Qualifications:

• Bachelor’s degree in finance, economics, mathematics, business, engineering, or a related field or equivalent experience
• Two or more years of relevant experience in fixed income trading, portfolio management, trade support, investment operations, capital markets, or a related investment function.
• Working knowledge of fixed income products, market structure, trade life cycle, and execution venues.
• Familiarity with trading platforms, order management systems, analytics tools, or market data applications such as Aladdin, Bloomberg, Tradeweb, MarketAxess, InvestorTools Perform, or similar systems.
• Strong analytical skills with the ability to interpret market data, evaluate trade alternatives, and communicate findings clearly.
• High attention to detail, strong organizational skills, and the ability to manage competing priorities in a fast-paced environment.
• Sound judgment, intellectual curiosity, professionalism, and a commitment to acting in clients’ best interests.
• Strong written and verbal communication skills, with the ability to collaborate across trading, portfolio management, risk, compliance, operations, and technology teams.

Preferred Qualifications

• Experience at a buy-side asset manager, sell-side trading desk, broker-dealer, investment adviser, or institutional trading platform.
• Exposure to municipal bonds, corporates, securitized products, U.S. Treasuries, agencies, credit instruments, futures, ETFs, or separately managed account workflows.
• Experience using data, automation, coding, or workflow tools to improve trading processes, reporting, or analytics.
• Understanding of best execution, transaction cost analysis, trade allocation, fiduciary obligations, and relevant regulatory considerations.
• CFA designation or progress toward CFA, MBA, or other relevant professional certification preferred.

Success Profile

The successful candidate will be a disciplined self-starter who combines analytical rigor, market curiosity, operational discipline, and a collaborative mindset. The Associate Fixed Income Trader should be comfortable learning new markets and systems, asking thoughtful questions, escalating issues appropriately, and contributing to a culture of continuous improvement.

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you – both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance