Associate Fixed Income Trader

Charles Schwab; Westlake (TX); On-site; USD 90,000 - 150,000; Full time

Benefits offered by this job

401(k) with company match

Employee stock purchase plan

Paid vacation

Sabbatical after 5 years

Parental leave

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab is seeking an Associate Fixed Income Trader to execute fixed income transactions across multiple asset classes, leveraging market data, analytics, and trading platforms to support investment decisions and seek best execution. You will evaluate liquidity and pricing, and help strengthen trading workflows and reporting in a collaborative environment.

You will work with portfolio managers, risk professionals, compliance, operations, and technology teams to enhance trading efficiency

Qualifications

• Bachelor-level degree or equivalent experience in a related field.
• 2+ years of experience in fixed income trading or related investment function.
• Working knowledge of fixed income products, market structure, and trade lifecycle processes.
• Experience with trading platforms and market data tools (Bloomberg, Aladdin, Tradeweb, MarketAxess).
• Strong analytical thinking and ability to interpret market information and support decisions.
• Attention to detail and ability to manage multiple priorities in a fast-paced environment.
• Strong written and verbal communication, collaboration across teams.
• Sound judgment and commitment to client outcomes.

Responsibilities

• Execute fixed income transactions across a broad range of asset classes.
• Evaluate liquidity, pricing, and market conditions to support decisions.
• Strengthen trading workflows, reporting, and operational efficiency.
• Contribute to risk management and client outcomes through continuous improvement.

Skills

Analytical thinking

Attention to detail

Cross-functional collaboration

Decision making

Education

Bachelor’s degree in Finance, Economics, Mathematics, Business, Engineering, or related field

Tools

Bloomberg

Aladdin

Tradeweb

MarketAxess

InvestorTools

Job description

Your opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo and transform the finance industry together.

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s).

Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.

The Fixed Income Trading team plays a critical role in delivering investment outcomes for clients across mutual funds, ETFs, separately managed accounts, and other investment strategies. Working in a highly collaborative environment, the team partners closely with portfolio managers, credit research analysts, risk professionals, operations teams, compliance partners, and technology specialists to navigate evolving market conditions, enhance trading capabilities, and support scalable investment processes.

As an Associate Fixed Income Trader, you will help execute fixed income transactions across a broad range of asset classes while leveraging market data, analytics, and trading technologies to support investment decisions and pursue best execution outcomes. You will contribute to portfolio implementation by evaluating liquidity, pricing, market conditions, and trade alternatives while helping strengthen trading workflows, reporting, and operational effectiveness. This role offers the opportunity to deepen your market expertise, build relationships across the investment ecosystem, and contribute to continuous improvement initiatives that enhance trading efficiency, risk management, and client outcomes. Your work will directly support investment performance, operational excellence, and the firm’s commitment to acting in clients’ best interests.

What you have

Required Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Business, Engineering, or a related field, or equivalent experience.
• 2+ years of experience in fixed income trading, portfolio management, investment operations, trade support, capital markets, or a related investment function.
• Working knowledge of fixed income products, market structure, trade lifecycle processes, execution venues, and trading workflows.
• Experience using trading platforms, order management systems, market data tools, or investment analytics solutions such as Bloomberg, Aladdin, Tradeweb, MarketAxess, InvestorTools Perform, or similar platforms.
• Strong analytical thinking skills with the ability to interpret market information, evaluate alternatives, and support effective decision-making.
• Demonstrated attention to detail and organizational skills with the ability to manage multiple priorities in a fast-paced environment.
• Strong written and verbal communication skills and the ability to collaborate effectively across investment, risk, compliance, operations, and technology teams.
• Sound judgment, intellectual curiosity, professionalism, and a commitment to delivering positive client outcomes.

Preferred Qualifications

• Experience working at a buy-side asset manager, sell-side trading desk, broker-dealer, investment adviser, or institutional trading organization.
• Exposure to municipal bonds, corporate bonds, securitized products, U.S. Treasuries, agency securities, futures, ETFs, or separately managed account investment strategies.
• Experience applying analytics, automation, process improvement, data analysis, or technology solutions to improve business outcomes and operational efficiency.
• Understanding of best execution principles, transaction cost analysis, trade allocation practices, fiduciary responsibilities, and applicable regulatory considerations.
• CFA designation, progress toward CFA certification, MBA, or other relevant professional certification.

In addition to the salary range, this role is eligible for bonus or incentive opportunities.

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