Fixed Income Desk Support Specialist: New Issues & Trade Flow

FNBO; Minneapolis (MN); On-site; USD 79,000 - 131,000; Full time

Benefits offered by this job

Medical, Dental, Vision Insurance

401k with matching

Time Off Programs

HSA/Dependent Care

Employee Banking

Growth Opportunities

Tuition Assistance

Disability Insurance

Job summary

Northland is seeking a Senior Fixed Income Trading Desk Support to provide end-to-end operational support for new issue deals and secondary market activity on the Fixed Income Trading Desk.

The role requires expertise in new issue workflows, close coordination with counterparties, and the ability to perform under tight time pressures. It also includes mentoring junior team members and stepping in for closing calls when needed.

Qualifications

• 5-10 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
• 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.

Responsibilities

• Execute the full lifecycle of new issue competitive deal support independently, including DTCC eligibility, closing coordination, funds movement, and settlement.
• Serve as the backup closing call facilitator, stepping in to lead closing calls in the absence of the Lead Fixed Income Trading Desk Support.
• Assist in managing multiple simultaneous new issue deal workflows with accuracy and efficiency, contributing to the desk's capacity to process 800-900 transactions annually.
• Oversee daily trade flow processes to ensure timely and accurate trade capture, comparison, and settlement across new issues and secondary market activity.
• Resolve trade breaks, discrepancies, and settlement issues in coordination with operations, counterparties, and clearing firms.
• Maintain expert-level proficiency in Bloomberg, iPreo, EMMA, and other trading desk platforms central to new issue deal workflows.

Skills

DTCC eligibility

Closing coordination

Funds movement

Closing call facilitation

Trade settlement

Bloomberg

EMMA

MSRB/FINRA reporting

Regulatory knowledge

Cross-team communication

Education

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

Job description

Northland is seeking a Senior Fixed Income Trading Desk Support to provide end-to-end operational support for new issue deals and secondary market activity on the Fixed Income Trading Desk.

The role requires expertise in new issue workflows, close coordination with counterparties, and the ability to perform under tight time pressures. It also includes mentoring junior team members and stepping in for closing calls when needed.