Fixed Income Trader at Northern Trust

Chicago, Illinois, United States

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Investment ManagementIndustries

FINRA Securities Licenses 7, 52, and 63 required (Series 53 is a plus)
Fixed income trading experience
College or University degree
Knowledge of investments, including terminology, instruments, general industry practices, market structures, execution techniques, regulatory environment, and relevant securities laws (usually acquired through on-the-job experience or a four-year degree)
Ability to respond to market events and make quick decisions

Executes fixed income trades with minimal market impact
Ensures that trade orders are executed fairly and equitably (e.g., prompt execution without bias toward originating source)
Works with clients on idea generation and strategy implementation
Apprises portfolio managers and other appropriate parties of relevant information affecting securities prices
Ensures that trades settle properly
Maintains contact with street counterparties to conduct fixed income trading
Responds to client and partner inquiries as needed
Maintains up-to-date knowledge of applicable rules and regulations governing investments and trading
Adheres to trading procedures and protocols
Continues to enhance knowledge of markets and tools provided to execute
Monitors securities prices and communicates them to portfolio managers when necessary
Conducts trading with sufficient speed and accuracy to successfully process the order flow