Senior Fixed Income Trader — Strategic Market Execution

Northern Trust; Chicago (IL); On-site; USD 116,000 - 157,000; Full time

Benefits offered by this job

401k

Pension

Medical insurance

Dental insurance

Vision insurance

Paid time off

Parental leave

Bonus program

Job summary

Northern Trust is seeking a Senior Fixed Income Trader in the United States to execute fixed income transactions with discipline and precision. The role requires monitoring market conditions, managing order flow, and communicating pricing movements to portfolio managers and stakeholders.

Responsibilities include executing trades, ensuring timely settlements, and maintaining liquidity with counterparties while adhering to controls and governance standards.

Qualifications

• 5–7 years of fixed income trading experience.
• Strong knowledge of fixed income investments and market practices.
• FINRA licenses 7, 52, and 63 required; 53 a plus.

Responsibilities

• Executes fixed income trades with minimal market impact and costs.
• Ensures fair, timely, and unbiased trade execution.
• Partners with clients and internal stakeholders on investment ideas and strategy implementation.
• Communicates market developments and pricing impacts to portfolio managers and other stakeholders.
• Ensures accurate and timely trade settlement under established controls.
• Maintains relationships with counterparties to support trading execution and liquidity management.
• Responds promptly to client, portfolio management, and internal partner inquiries.
• Maintains knowledge of applicable regulations, industry practices, and trading requirements.

Skills

Fixed income trading

Market analysis

Decision making

Regulatory awareness

Education

Bachelor's degree

Tools

FINRA 7

FINRA 52

FINRA 63

Series 53+

Job description

Northern Trust is seeking a Senior Fixed Income Trader in the United States to execute fixed income transactions with discipline and precision. The role requires monitoring market conditions, managing order flow, and communicating pricing movements to portfolio managers and stakeholders.

Responsibilities include executing trades, ensuring timely settlements, and maintaining liquidity with counterparties while adhering to controls and governance standards.