Associate Fixed Income Trader
Your Opportunity
Your opportunity
At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo and transform the finance industry together.
We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s).
Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.
The Fixed Income Trading team plays a critical role in delivering investment outcomes for clients across mutual funds, ETFs, separately managed accounts, and other investment strategies. Working in a highly collaborative environment, the team partners closely with portfolio managers, credit research analysts, risk professionals, operations teams, compliance partners, and technology specialists to navigate evolving market conditions, enhance trading capabilities, and support scalable investment processes.
As an Associate Fixed Income Trader, you will help execute fixed income transactions across a broad range of asset classes while leveraging market data, analytics, and trading technologies to support investment decisions and pursue best execution outcomes. You will contribute to portfolio implementation by evaluating liquidity, pricing, market conditions, and trade alternatives while helping strengthen trading workflows, reporting, and operational effectiveness. This role offers the opportunity to deepen your market expertise, build relationships across the investment ecosystem, and contribute to continuous improvement initiatives that enhance trading efficiency, risk management, and client outcomes. Your work will directly support investment performance, operational excellence, and the firm's commitment to acting in clients’ best interests.
What you have
Required Qualifications
- Bachelor’s degree in Finance, Economics, Mathematics, Business, Engineering, or a related field, or equivalent experience.
- 2+ years of experience in fixed income trading, portfolio management, investment operations, trade support, capital markets, or a related investment function.
- Working knowledge of fixed income products, market structure, trade lifecycle processes, execution venues, and trading workflows.
- Experience using trading platforms, order management systems, market data tools, or investment analytics solutions such as Bloomberg, Aladdin, Tradeweb, MarketAxess, InvestorTools Perform, or similar platforms.
- Strong analytical thinking skills with the ability to interpret market information, evaluate alternatives, and support effective decision-making.
- Demonstrated attention to detail and organizational skills with the ability to manage multiple priorities in a fast-paced environment.
- Strong written and verbal communication skills and the ability to collaborate effectively across investment, risk, compliance, operations, and technology teams.
- Sound judgment, intellectual curiosity, professionalism, and a commitment to delivering positive client outcomes.
Preferred Qualifications
- Experience working at a buy-side asset manager, sell-side trading desk, broker-dealer, investment adviser, or institutional trading organization.
- Exposure to municipal bonds, corporate bonds, securitized products, U.S. Treasuries, agency securities, futures, ETFs, or separately managed account investment strategies.
- Experience applying analytics, automation, process improvement, data analysis, or technology solutions to improve business outcomes and operational efficiency.
- Understanding of best execution principles, transaction cost analysis, trade allocation practices, fiduciary responsibilities, and applicable regulatory considerations.
- CFA designation, progress toward CFA certification, MBA, or other relevant professional certification.
In addition to the salary range, this role is eligible for bonus or incentive opportunities.
What’s in it for you
At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
What you are good at
What you have
Required Qualifications
- Bachelor’s degree in Finance, Economics, Mathematics, Business, Engineering, or a related field, or equivalent experience.
- 2+ years of experience in fixed income trading, portfolio management, investment operations, trade support, capital markets, or a related investment function.
- Working knowledge of fixed income products, market structure, trade lifecycle processes, execution venues, and trading workflows.
- Experience using trading platforms, order management systems, market data tools, or investment analytics solutions such as Bloomberg, Aladdin, Tradeweb, MarketAxess, InvestorTools Perform, or similar platforms.
- Strong analytical thinking skills with the ability to interpret market information, evaluate alternatives, and support effective decision-making.
- Demonstrated attention to detail and organizational skills with the ability to manage multiple priorities in a fast-paced environment.
- Strong written and verbal communication skills and the ability to collaborate effectively across investment, risk, compliance, operations, and technology teams.
- Sound judgment, intellectual curiosity, professionalism, and a commitment to delivering positive client outcomes.
Preferred Qualifications
- Experience working at a buy-side asset manager, sell-side trading desk, broker-dealer, investment adviser, or institutional trading organization.
- Exposure to municipal bonds, corporate bonds, securitized products, U.S. Treasuries, agency securities, futures, ETFs, or separately managed account investment strategies.
- Experience applying analytics, automation, process improvement, data analysis, or technology solutions to improve business outcomes and operational efficiency.
- Understanding of best execution principles, transaction cost analysis, trade allocation practices, fiduciary responsibilities, and applicable regulatory considerations.
- CFA designation, progress toward CFA certification, MBA, or other relevant professional certification.
In addition to the salary range, this role is eligible for bonus or incentive opportunities.
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.