Junior Fixed Income Execution & Trading Associate

ICAP; Boca Raton (FL); On-site; USD 120,000 - 180,000; Full time

Job summary

ICAP Relative Value (ICRV) is a global execution division specializing in US Treasuries, Futures, and Options. The Execution & Sales Broker will support the desk’s trading activities and technology initiatives, combining market analysis with client-focused trade execution.

The role emphasizes strong Excel modelling, high‑pressure trading, and relationship management, with opportunities to contribute to strategic growth and develop trading solutions across teams.

Qualifications

• Strong understanding of global financial markets, particularly fixed income or derivatives.
• Advanced Microsoft Excel skills, including modelling and data analysis.
• Strong analytical and problem‑solving capability.
• Excellent communication and interpersonal skills.
• Ability to operate effectively in a fast‑paced, high‑pressure trading environment.
• Collaborative approach with the ability to build relationships across teams.
• Proven experience in Front Office trade execution.
• Excellent knowledge of Options.
• Experience in Government Bonds, and/or Equity Markets, and/or Interest Rate based products.
• Solid understanding in statistics.

Responsibilities

• Support in building and integrating asset pricing tools and advanced software tools used by the desk.
• Conduct valuation & data analysis with production of daily market analytical reports.
• Ensure timely input of trades into trading systems.
• Resolve any trade queries received internally or externally, and ensure any trade discrepancies are resolved in a timely manner.
• Identify trade opportunities and calculate strategies.
• Maintain accurate and timely trade capture and records.
• Give live quotes to traders through the messaging systems.
• Monitor markets and follow financial news and developments.
• Liaise with clients, via telephone and face to face, to provide a reliable and efficient broking service.
• Fulfil additional / ad hoc duties as required to meet the needs of the business.

Skills

Global fixed income/derivatives know‑l

Front Office trade execution

Options knowledge

Trading in fast-paced environment

Communication & interpersonal skills

Analytical problem solving

Relationship building

Tools

Microsoft Excel

Job description

ICAP Relative Value (ICRV) is a global execution division specializing in US Treasuries, Futures, and Options. The Execution & Sales Broker will support the desk’s trading activities and technology initiatives, combining market analysis with client-focused trade execution.

The role emphasizes strong Excel modelling, high‑pressure trading, and relationship management, with opportunities to contribute to strategic growth and develop trading solutions across teams.