Fixed Income Trader

U.S. Bank National Association•Harrisburg, PA

1d•$75,820 - $89,200

About The Position

The Fixed Income Trader is responsible for the profitable execution of fixed-income securities purchases and sales to meet the needs of investment portfolio managers, investment managers, customers, and others as required. The trader executes orders at advantageous prices while considering order size, trading supply, and prevailing market conditions. The role monitors relevant conditions and trends in corporate and specialized securities markets to identify changes and support timely planning and action. It also maintains detailed transaction records in compliance with established policies, develops working relationships with brokers and securities dealers, negotiates prices, and provides investment and company management groups with timely information and recommendations on market trends, trading activity, pricing, price volatility, and transaction timing.

Requirements

Six months to two years of trading experience in the investment and securities industry.
High school diploma or equivalent.

Nice To Haves

Knowledge of fixed-income securities and their markets, trading characteristics and approaches, and factors influencing price trends.
Basic knowledge and proficiency in trading techniques.
Experience valuing and pricing fixed-income securities.
Knowledge of trade-related activities on securities exchange floors and electronic trading systems.
Strong interpersonal and relationship management skills.
Effective verbal and written communication skills.
Experience using SQL or Python to extract, analyze, and manipulate data.
Experience using Power BI or Tableau to create data visualization dashboards.

Responsibilities

Execute purchases and sales of fixed-income securities profitably to meet the needs of investment portfolio managers, investment managers, customers, and others as required.
Execute buy and sell orders at advantageous prices, taking into account order size, trading supply, and prevailing market conditions.
Monitor relevant conditions and trends in corporate and specialized securities markets to identify changes and enable timely planning and action.
Maintain detailed transaction records to ensure accurate accounting and compliance with established policies.
Maintain working relationships with brokers and securities dealers and negotiate prices.
Provide investment and company management groups with timely information and recommendations concerning market trends, buy and sell activity, fixed-income securities pricing and price volatility, and transaction timing.

Benefits

Healthcare, including medical, dental, and vision coverage.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation of 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase.
401(k) contribution and pension, subject to eligibility requirements.