Northern Trust
Financial Services
FixedIncomeTrader
Neural analysis suggests this role is
optimal for Mid+ candidates.
“Fixed Income Trader at Northern Trust. Skills: Fixed income trading, Market conditions, Trade execution. Execute fixed income trades. Minimize market impact”
Industry & Context.
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
Applying for this Fixed Income Trader role?
Most applicants get filtered before a human reads their resume. See if yours makes the cut.
How to Apply on Workday
- Workday has a multi-step form — save your progress after every section.
- "Apply With LinkedIn" can fail or lose data; manual entry is more reliable.
- Watch for the "Submit for Review" final step — hitting "Save" alone does not submit.
- Job requisition numbers are useful when following up with HR by email.
ANONYMOUS · UNFILTERED
What do employees actually say about Northern Trust?
Real rants from real employees. Read before you apply.