Strategic Fixed Income Trader — Hybrid in Chicago

Northern Trust Corp; Chicago (IL); Hybrid; USD 116,100 - 156,700; Full time

Benefits offered by this job

401k matching and pension

Medical/Dental/Vision benefits

Discretionary bonus program

Job summary

Northern Trust Corp in Chicago, IL is seeking a Fixed Income Trader to execute bond trades, monitor markets, and settle transactions with discipline and accuracy. You will work with portfolio managers and internal partners to implement investment ideas while maintaining controls and governance.

The role requires 3–5 years in fixed income trading, knowledge of market structure and regulatory requirements, and a strong client-focused approach.

Qualifications

• 3-5 yrs prior experience in fixed income trading.
• Strong knowledge of investments, market structures and regulations.
• FINRA licenses 7, 52, and 63 preferred; Series 53 a plus.

Responsibilities

• Executes fixed income trades while minimizing market impact and costs.
• Ensures fair, timely trade settlement and accurate processing.
• Communicates market developments and pricing impacts to portfolio managers.
• Maintains relationships with counterparties to support trading and liquidity management.

Skills

Fixed income trading

Regulatory environment knowledge

Market analysis

Communication with portfolio managers

Education

College or University degree

FINRA Licenses 7, 52, 63 (Series 53 a plus)

Job description

Northern Trust Corp in Chicago, IL is seeking a Fixed Income Trader to execute bond trades, monitor markets, and settle transactions with discipline and accuracy. You will work with portfolio managers and internal partners to implement investment ideas while maintaining controls and governance.

The role requires 3–5 years in fixed income trading, knowledge of market structure and regulatory requirements, and a strong client-focused approach.