Associate Trader Fixed Income
About The Position
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Responsible for the profitable execution of fixed‑income securities purchases and sales to support the needs of investment portfolio managers, investment managers, clients, and other stakeholders. Executes buy and sell orders for fixed‑income securities at prices that are advantageous, taking into account order size, available supply, and prevailing market conditions. Mains awareness of relevant conditions and trends within corporate and specialized securities markets to anticipate changes and support timely planning and execution. Ensures accurate and compliant transaction processing by maintaining detailed records in accordance with established policies and procedures. Builds and maintains strong working relationships with brokers and securities dealers, including negotiating commissions and discounts as appropriate. Provides investment and company management teams with timely, accurate insights and recommendations related to market trends, trading activity, fixed‑income pricing, price volatility, and transaction timing.
Requirements
- High school diploma or equivalent
- Six months to two years of trading experience within the investment and securities industry
Nice To Haves
- Bachelor’s degree preferred; concentrations in Economics, Finance, Accounting, or a related field are strongly preferred
- Working knowledge of fixed‑income securities, related markets, trading characteristics, and factors influencing price trends
- Basic proficiency in trading techniques and methodologies
- Experience valuing and pricing fixed‑income securities
- Understanding of trade‑related activities across securities exchange floors and electronic trading systems
- Strong interpersonal and relationship management skills
- Effective verbal and written communication skills
Responsibilities
- Responsible for the profitable execution of fixed‑income securities purchases and sales to support the needs of investment portfolio managers, investment managers, clients, and other stakeholders.
- Executes buy and sell orders for fixed‑income securities at prices that are advantageous, taking into account order size, available supply, and prevailing market conditions.
- Maintains awareness of relevant conditions and trends within corporate and specialized securities markets to anticipate changes and support timely planning and execution.
- Ensures accurate and compliant transaction processing by maintaining detailed records in accordance with established policies and procedures.
- Builds and maintains strong working relationships with brokers and securities dealers, including negotiating commissions and discounts as appropriate.
- Provides investment and company management teams with timely, accurate insights and recommendations related to market trends, trading activity, fixed‑income pricing, price volatility, and transaction timing.
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
Number of Employees
501-1,000 employees
