Junior Fixed Income Trader

Charles Schwab; Seattle (WA); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

401(k) match

Stock purchase plan

Paid time off

Parental leave

Tuition reimbursement

Health insurance

Job summary

Charles Schwab is seeking a junior Fixed Income Trader to support our Syndicate Team across New Issue and Secondary flow for CDs, structured products, retail notes/MTN and preferred stock. Located in Lone Tree, CO, this role offers exposure to a broad spectrum of fixed income products.

The ideal candidate has a Bachelor's degree and 1–2 years trading experience, with Bloomberg, SQL and advanced Excel skills, and a capacity to work independently in a fast-paced environment.

Qualifications

• Bachelor’s degree required.
• 1–2 years trading experience.
• Experience with Bloomberg.
• Data analysis and tooling.
• SQL experience.
• Advanced Excel skills.
• Independent work and sound judgment.
• Series 7 & 63 within 3–6 months.
• Series 57 within 6 months.

Responsibilities

• Support the Fixed Income Syndicate Team and desk functions.
• Handle New Issue and Secondary order flow for CDs, structured products, notes/MTN and preferred stock.

Skills

Trading

Bloomberg

Data analysis

Excel

Independent work

Education

Bachelor’s Degree

Tools

SQL

Databases

Job description

Overview

Charles Schwab’s Fixed Income Trading Team manages the firm’s BondSource platform, offering clients a daily choice of over 200,000 different fixed‑income securities. Popular products include Municipal and Corporate Bonds, CDs, U.S. Treasury Bills, Notes, and Bonds. The group consists of approximately 35 traders across three locations: Lone Tree, CO; Jersey City, NJ; and San Francisco, CA.

Responsibilities

We are looking for a qualified junior Fixed Income Trader to support our Fixed Income Syndicate Team and other desk functions. Responsibilities include handling the New Issue and Secondary order flow for Certificates of Deposit, Structured Products, Retail Notes/MTN, and preferred stock offerings; becoming proficient in various fixed‑income products and electronic platforms; providing support to national sales teams; and working to identify and implement process improvements. Strong communication and teamwork skills and the ability to thrive in a fast‑paced environment are essential. The position is located in Lone Tree, CO.

Qualifications

Required Qualifications

• Bachelor’s Degree

Preferred Qualifications

• 1‑2 years of trading experience
• Experience working in Bloomberg
• Ability to collect and analyze data to develop, manage, and enhance tools for increased efficiency
• Experience with SQL
• Very strong Excel skills; additional database platform knowledge desired
• Ability to work independently, exercise sound judgment, and manage daily work load
• Series7 &63 required to be obtained within 3‑6 months of employment
• Series57 required to obtain license within 6 months of employment

Benefits

• Competitive salary and bonus or incentive opportunities
• 401(k) with company match and employee stock purchase plan
• Paid time off for vacation, volunteering, and a 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