Junior Fixed Income Trader – Minneapolis, MN
U.S. Bank, Minneapolis, MN, United States
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever‑growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
Responsible for the profitable execution of fixed‑income securities purchases and sales to satisfy the needs of investment portfolio managers, investment managers, customers and others as required. Executes buy and sell orders for fixed‑income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of relevant conditions and trends concerning corporate and specialized securities markets to detect changes and to allow for timely planning and action. Maintains detailed records of all transactions to ensure that accurate accountings are made in compliance with established policies. Maintains good working relationships with brokers and securities dealers and negotiates commissions and discounts with them. Provides appropriate investment and company management groups with sound and timely information and recommendations concerning market trends, buy and sell activity, fixed‑income securities pricing and price volatility and transaction timing.
Basic Qualifications
College degree required
Minimum six months of trading experience in investment and securities industry
Preferred Skills/Experience
Some knowledge of fixed‑income securities and their markets, trading characteristics and approaches, and factors influencing price trends
Basic knowledge and proficiency in the techniques of trading
Some experience in valuing and pricing fixed‑income securities
Some knowledge of trade related activities occurring on various securities exchange floors and on various electronic trading systems
Strong interpersonal and relationship management skills
Effective verbal and written communication skills
Benefits
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from 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 worked, up to 80 hours per calendar year unless otherwise provided by law
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $92,820.00 – $109,200.00
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
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Job Description
Responsible for the profitable execution of fixed‑income securities purchases and sales to satisfy the needs of investment portfolio managers, investment managers, customers and others as required. Executes buy and sell orders for fixed‑income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of relevant conditions and trends concerning corporate and specialized securities markets to detect changes and to allow for timely planning and action. Maintains detailed records of all transactions to ensure that accurate accountings are made in compliance with established policies. Maintains good working relationships with brokers and securities dealers and negotiates commissions and discounts with them. Provides appropriate investment and company management groups with sound and timely information and recommendations concerning market trends, buy and sell activity, fixed‑income securities pricing and price volatility and transaction timing.
Basic Qualifications
College degree required
Minimum six months of trading experience in investment and securities industry
Preferred Skills/Experience
Some knowledge of fixed‑income securities and their markets, trading characteristics and approaches, and factors influencing price trends
Basic knowledge and proficiency in the techniques of trading
Some experience in valuing and pricing fixed‑income securities
Some knowledge of trade related activities occurring on various securities exchange floors and on various electronic trading systems
Strong interpersonal and relationship management skills
Effective verbal and written communication skills
Benefits
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from 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 worked, up to 80 hours per calendar year unless otherwise provided by law
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $92,820.00 – $109,200.00
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
#J-18808-Ljbffr