Mortgage Fixed Income Trader I: Market Insight & Execution

Fifth Third Bank; Rockefeller Township (PA); On-site; USD 71,000 - 146,000; Full time

Job summary

Fifth Third Bank seeks a Fixed Income Mortgage Trading Associate I to support Institutional and Retail Sales by trading mortgage-backed and fixed income securities and generating revenue through informed ideas.

The role emphasizes accurate trade processing, regulatory compliance, and cross-functional collaboration with clients and internal partners. Requires securities licenses and relevant experience in capital markets.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• 3–5 years experience in Banking, Investment Banking, M&A, or Capital Markets.
• SIE, Series 7, and Series 63 licenses (or ability to obtain).

Responsibilities

• Execute trades in mortgage and fixed income securities to support Institutional and Retail Sales.
• Provide revenue-generating trade ideas and market insights to sales teams.
• Accurately process trades using clearing systems in compliance with regulations.
• Communicate with sales, middle office, operations, risk management, compliance, and clients.
• Monitor and manage inventory positions within policy limits.
• File regulatory reports on time.
• Deliver product training to sales teams.
• Stay informed on market news and regulatory changes.

Skills

Mortgage market knowledge

Fixed income instruments

Macroeconomics

Bloomberg

Excel

Attention to detail

Communication skills

Trade execution

Education

Bachelor’s degree in Finance/Accounting/Economics

Tools

Trading systems

Bloomberg Terminal

Job description

Fifth Third Bank seeks a Fixed Income Mortgage Trading Associate I to support Institutional and Retail Sales by trading mortgage-backed and fixed income securities and generating revenue through informed ideas.

The role emphasizes accurate trade processing, regulatory compliance, and cross-functional collaboration with clients and internal partners. Requires securities licenses and relevant experience in capital markets.