Northern Trust

Financial Services

FixedIncomeTrader

$150–250k ~AI est. Chicago, Illinois, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Fixed Income Trader at Northern Trust. Skills: Fixed income trading, Market conditions, Trade execution. Execute fixed income trades. Minimize market impact”

Industry & Context.

Financial Services
Problems you'll solve

Assess market events; Exercise sound judgment; Make timely decisions

What They're Looking For.

Must Have

Prior experience in fixed income trading, Knowledge of investments

Nice to Have

FINRA Securities Licenses 7, 52, and 63, Series 53 is a plus, Versatility across multiple fixed income products

What You'll Do.

Execute fixed income trades

Minimize market impact

Minimize transaction costs

Ensure trade orders are executed fairly

Ensure trade orders are executed equitably

Execute trades without bias

Partner with internal stakeholders

Communicate market information

Communicate market developments

Ensure accurate settlement

Ensure timely settlement

Maintain relationships with counterparties

Support fixed income trading

Support liquidity management

Maintain current knowledge

Adhere to trading procedures

Adhere to risk controls

Adhere to governance protocols

Enhance knowledge of markets

Enhance knowledge of products

Enhance knowledge of trading tools

How You'll Work.

Team & Collaboration

Internal stakeholders; Portfolio managers; Street counterparties

Communication Scope

Market developments; Pricing information

Full Job Description

**_About Northern Trust:_** Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. The Fixed Income Trader is responsible for executing fixed income transactions in accordance with established guidelines, ensuring fair, accurate, and timely execution and settlement. The role requires close monitoring of market conditions, disciplined management of order flow, and effective communication of relevant pricing and market developments to portfolio managers and key stakeholders. The trader applies sound judgment within prescribed policies, responds efficiently to changing market dynamics, and operates with a moderate level of guidance and oversight. **Working Model:** On Site (5 days) This is an office-based position and for the effective performance of this role, the duties and responsibilities must be carried out onsite. **Major Duties:** * Executes fixed income trades efficiently while minimizing market impact and transaction costs. * Ensures trade orders are executed fairly and equitably, including prompt execution without bias toward originating source. * Partners with clients and internal stakeholders on idea generation and strategy implementation. * Communicates relevant market information and developments impacting securities prices to portfolio managers and other appropriate parties. * Ensures accurate and timely settlement of all trades in accordance with established procedures and controls. * Maintains active relationships with street counterparties to support effective

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