Associate I, Fixed Income Trading Desk Support

First National Bank of Omaha; Minneapolis (MN); On-site; USD 52,000 - 86,000; Full time

Benefits offered by this job

Medical, Dental, Vision Insurance

401k with Matching Contributions

HSA/Dependent Care

Job summary

Northland, based in Minneapolis, is seeking an early to mid-career Fixed Income Trading Desk Support professional to join the team. You will assist with new issue deal workflows, trade processing, settlement support, and daily operations under guidance from senior staff.

This role emphasizes accuracy, time-management, and the ability to learn regulatory requirements (FINRA/MSRB/SEC) while developing expertise toward independent execution in fixed income trading operations.

Qualifications

• 1 - 5 years of experience in fixed income trading desk support or related function
• Experience supporting new issue competitive deal workflows and trade settlements
• Licensing: FINRA SIE, Series 7, and Series 63
• Bachelor's degree in finance, business, economics or related field
• Unrestricted work authorization; sponsorship not required

Responsibilities

• Support full lifecycle of new issue deal workflows under guidance of Lead/Senior Trading Desk Support
• Coordinate closing activities and funds movement
• Assist daily trade flow, capture, compare, and settlement
• Identify and resolve trade breaks and settlement issues with counterparties
• Support regulatory reporting under FINRA, MSRB, and SEC guidance
• Assist in management reporting and desk summaries
• Participate in workflow improvements and training to grow toward independent execution

Skills

Fixed income trading

Trade settlement

Bloomberg

Excel

iPreo

EMMA

Communication skills

Regulatory knowledge

Education

Bachelor's degree in finance

Tools

FINRA licenses (SIE)

Series 7

Series 63

Job description

At Northland, our employees are the heart of our story-and we're committed to their success! Please see below the details of this career opportunity and how it fits into our organization's success.

Summary of the Job:

The Fixed Income Trading Desk Support provides foundational operational support to the Fixed Income Trading Desk, assisting with new issue competitive deal workflows, trade processing, settlement support, and daily operational activities. This role requires strong attention to detail, a commitment to accuracy, and the ability to work efficiently under time pressure.

This role is designed for an early to mid-career professional who is building expertise in fixed income trading operations and new issue deal support. Working under the guidance of the Lead and Senior Fixed Income Trading Desk Support, the individual in this role will develop proficiency across the full new issue deal lifecycle and grow toward independent execution over time.

About This Role:

New Issue Deal Support:

• Support the full lifecycle of new issue competitive deal workflows under the guidance of the Lead and Senior Trading Desk Support, including DTCC eligibility, closing coordination, funds movement, and settlement support.
• Contribute with closing coordination activities, developing familiarity with closing call processes and procedures in preparation for greater responsibility over time.
• Support daily trade flow processes including trade capture, comparison, and settlement under the direction of senior team members.
• Assist in identifying and resolving trade breaks, discrepancies, and settlement issues in coordination with the Lead, Senior, operations, and counterparties.

Compliance and Regulatory Controls:

• Support FINRA, MSRB, SEC, and firm trade reporting under the guidance of the Lead and Senior Trading Desk Support.
• Maintain proper and accurate books and records in full compliance with applicable regulations and firm policies.
• Follow established operational procedures and process documentation to support a strong control environment.
• Actively develop awareness of FINRA, MSRB, and SEC regulatory requirements applicable to fixed income trading desk operations.

Operational Coordination:

• Assist with coordination between traders, sales producers, operations, and counterparties as directed by senior team members.
• Support the preparation of management reporting and desk summaries as needed.
• Contribute to workflow improvement initiatives and desk efficiency projects under the guidance of the Lead and Senior Trading Desk Support.
• Actively seek learning opportunities and apply feedback constructively to build expertise in new issue workflows and fixed income trading operations.

Key Skills:

• Strong ability to execute tasks accurately and consistently in a high-volume, time-sensitive trading environment.
• Foundational or developing knowledge of new issue competitive deal workflows, DTCC processes, and trade settlement. Willingness to learn is essential.
• Developing proficiency in Bloomberg, iPreo, EMMA, Microsoft Excel, and Word. Prior exposure to fixed income trading platforms is a plus.
• Clear and professional communication skills with the ability to coordinate effectively with traders, sales, operations, and counterparties under supervision.
• Ability to identify issues and escalate appropriately to senior team members for resolution.
• Ability to manage multiple tasks and adjust to shifting deal priorities in a fast-paced trading environment.
• Genuine interest in developing expertise in fixed income trading operations and new issue deal support, with a commitment to growing toward independent execution over time.

The Ideal Candidate for This Role:

Required:

Experience: 1 - 5 years of experience in fixed income trading desk support, operations, or a related function, with significant tenure supporting new issue competitive deal workflows.

Licensing: FINRA licenses; SIE, Series 7, and Series 63

Desired:

Education:

Bachelor's degree in finance, business, economics, or a related field preferred. Equivalent professional experience will also be considered.

Candidates must possess unrestricted work authorization and not require future sponsorship.

Compensation:

Compensation range (base pay): $52,374.00-$86,417.00

This role may have a specific starting pay within this range.

Final compensation offer to candidate may vary from posted hiring range based upon work experience, education, and/or skill level.

Work Environment:

It is anticipated that the incumbent in this role will work onsite at the posted location. Our onsite environment fosters innovation, mentorship, and a vibrant culture where ideas flow freely and relationships flourish. As part of our team, you'll experience the energy of our collaborative spaces designed to support your professional growth while working alongside talented colleagues who inspire excellence daily. Please note that work location is subject to change based on business needs.

Benefits Overview:

We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs:

• Medical, Dental, Vision Insurance
• 401k, With Matching Contributions
• Time Off ProgramsHealth Savings Account (HSA)/Dependent Care
• Employee Banking
• Growth Opportunities
• Tuition Assistance
• Short-Term/Long-Term Disability Insurance

Learn more about our benefits here: https://www.fnbo.com/careers/benefits/.

Job number: R-20261444

Equal Opportunity & Belonging:

We believe that the quality of our employee experience is at the heart of our customer experience. One key pillar of our intended employee experience is Belonging. Belonging means we are committed to fostering a workplace culture where employees of all backgrounds feel valued, recognized, and empowered to be their authentic selves-no matter their role or where they are in their journey.

Learn more here.

Northland is an equal opportunity employer for all employees and applicants and makes employment decisions without regard to status or identity.

Northland is an Equal Opportunity/Affirmative Action/Veterans/Disability Employer - Member FDIC

Northland follows federal law regarding the use of marijuana (this applies to all non-California applicants)

Application Deadline:

All our jobs will be posted for a minimum of 5 calendar days. Job postings may come down prior to 5 calendar days based on volume of applicants.