Fixed Income Trader

Charles Schwab Inc.•San Francisco, CA

1d•$105,600 - $200,000•Onsite

About The Position

Schwab Asset Management manages mutual funds, ETFs, collective investment trusts, and separately managed accounts across active and indexed investment strategies. The Fixed Income Trader will focus on the APAC region and execute non-USD bonds, futures, and select USD fixed income transactions while navigating evolving market conditions, trading protocols, and regional requirements. The role applies analytical thinking and sound decision-making to develop execution strategies, select dealers and venues, evaluate transaction costs, and use post-trade insights to improve future outcomes. The trader collaborates with portfolio management, credit research, investment risk, ETF capital markets, trade operations, and external market participants to resolve complex trading issues and strengthen scalable workflows and controls. As Schwab’s non-USD capabilities grow, the trader will adapt coverage across global market hours and contribute expertise in fixed income market structure, technology, and emerging investment solutions. This is an on-site role in the specified location(s). Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship. The role requires a flexible overnight schedule between 6 p.m. and 3 a.m. Central Time, with working hours adaptable as regional coverage and business needs evolve. The role is eligible for bonus or incentive opportunities in addition to the salary range.

Requirements

Bachelor’s degree.
At least 5 years of relevant buy-side and/or sell-side fixed income and derivatives trading experience, with the majority focused on APAC markets.
Demonstrated fixed income trade execution experience across non-USD bonds, futures, and related instruments.
Knowledge of APAC fixed income market structures, trading protocols, venues, and applicable regulatory requirements.
Experience using fixed income trading platforms such as MarketAxess or Tradeweb.
Ability to analyze pre- and post-trade data, apply transaction cost analysis, and make informed execution decisions.
Demonstrated problem-solving and decision-making skills in fast-moving or evolving market conditions.
Ability to collaborate across investment, risk, operations, technology, and external trading relationships.
Ability to adapt priorities and working hours as regional product coverage and business needs evolve.
Strong written and verbal communication skills.
Ability to work a flexible overnight schedule between 6 p.m. and 3 a.m. Central Time.
Currently authorized to work in the United States on a full-time basis without employer sponsorship.

Nice To Haves

MBA or CFA designation.
Experience trading fixed income instruments across regions outside APAC.
Experience improving trading workflows, procedures, controls, or execution technology.
Experience with data manipulation, workflow design, or coding.
Experience supporting ETF primary-market activity.
Knowledge of global fixed income market structure, trading technology developments, or tokenized investment solutions.

Responsibilities

Execute non-USD bonds, futures, and select USD fixed income transactions, primarily focused on APAC markets.
Develop execution strategies and select dealers and trading venues.
Evaluate transaction costs and analyze pre- and post-trade data to inform execution decisions and improve future outcomes.
Navigate APAC market conditions, trading protocols, and regional requirements.
Collaborate with portfolio management, credit research, investment risk, ETF capital markets, trade operations, and external market participants.
Resolve complex trading issues and strengthen scalable workflows and controls.
Adapt regional coverage across global market hours as non-USD capabilities and business needs evolve.
Contribute expertise in fixed income market structure, technology, and emerging investment solutions.