Fixed Income Trader

Usbank; Minneapolis (MN); On-site; USD 76,000 - 89,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Parental leave

401(k) and retirement plan

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a fixed-income trading professional to execute buy and sell orders, maintain records, and inform portfolio managers about market trends. The role requires developing relationships with brokers and applying pricing insights to support traders.

Ideal candidates typically have 6 months to 2 years of trading experience and a high school diploma. Proficiency with SQL/Python and data visualization tools such as Power BI or Tableau is preferred.

Qualifications

• Six months to two years of trading experience in investment and securities industry.
• High school diploma or equivalent.

Responsibilities

• Responsible for the profitable execution of fixed-income securities purchases and sales to satisfy the needs of investment portfolio managers and others.
• Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering order size, trading supply and market conditions.
• Keeps informed of market conditions and trends to detect changes and plan actions.
• Maintains detailed records of all transactions to ensure accurate accounting.
• Maintains good relationships with brokers and negotiates prices.
• Provides information and recommendations on market trends and pricing to investment groups.

Skills

Trading experience

SQL

Python

Power BI

Tableau

Interpersonal skills

Verbal and written communication

Education

High school diploma or equivalent

Tools

SQL

Python

Power BI

Tableau

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

RESPONSIBILITIES

Responsible for the profitable execution of fixed-income securities purchases and sales to satisfy the needs of investment portfolio managers, investment managers, customers and others as required. Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of relevant conditions and trends concerning corporate and specialized securities markets to detect changes and to allow for timely planning and action. Maintains detailed records of all transactions to ensure that accurate accountings are made in compliance with established policies. Maintains good working relationships with brokers and securities dealers and negotiates prices. Provides appropriate investment and company management groups with sound and timely information and recommendations concerning market trends, buy and sell activity, fixed‑income securities pricing and price volatility and transaction timing.

BASIC QUALIFICATIONS

• Six months to two years of trading experience in investment and securities industry.

• High school diploma or equivalent.

PREFERRED SKILLS/EXPERIENCE

• Knowledge of fixed‑income securities and their markets, trading characteristics and approaches, and factors influencing price trends.

• Basic knowledge and proficiency in the techniques of trading.

• Experience of valuing and pricing fixed‑income securities.

• Knowledge of trade‑related activities occurring on various securities exchange floors and on various electronic trading systems.

• Strong interpersonal and relationship management skills.

• Effective verbal and written communication skills.

• Experience using SQL/Python to extract, analyze and manipulate data.

• Experience using Power BI/Tableau to create data visualization dashboards.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short‑term and long‑term disability

• Pregnancy disability and parental leave

• 401(k) and employer‑funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here (https://careers.usbank.com/global/en/benefits/us) .

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $75,820.00 - $89,200.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.