Associate Trader Fixed Income

Overview

We are committed to helping customers and businesses make smarter financial decisions while supporting the communities we serve. Each team member contributes to our shared ambitions, and every individual brings unique potential. This role offers a broad and evolving set of opportunities to grow, acquire new skills, and excel from Day One. Location: Minneapolis, Minnesota 55402.

Responsibilities

• Oversee the profitable execution of fixed income securities purchases and sales to meet the needs of investment portfolio managers, investment managers, clients, and other stakeholders.
• Enter buy and sell orders for fixed income securities at advantageous prices, considering order size, available supply, and current market conditions.
• Maintain awareness of developments and trends in corporate and specialized securities markets to anticipate changes and support timely planning and execution.
• Ensure accurate and compliant transaction processing by maintaining detailed records in line with established policies and procedures.
• Build and sustain strong working relationships with brokers and securities dealers, negotiating commissions and discounts as appropriate.
• Provide investment and company management teams with timely, accurate insights and recommendations related to market trends, trading activity, fixed income pricing, price volatility, and transaction timing.

Basic Qualifications

• High school diploma or equivalent
• Six months to two years of trading experience within the investment and securities industry

Preferred Skills and Experience

• Bachelor’s degree preferred; concentrations in Economics, Finance, Accounting, or a related field are strongly preferred
• Working knowledge of fixed income securities, related markets, trading characteristics, and factors influencing price trends
• Basic proficiency in trading techniques and methodologies
• Experience valuing and pricing fixed income securities
• Understanding of trade related activities across securities exchange floors and electronic trading systems
• Strong interpersonal and relationship management skills
• Effective verbal and written communication skills

Schedule and Location

The role offers a hybrid or flexible schedule, with an in office expectation of three or more days per week and the flexibility to work outside the office location on other days.

Disability Accommodations

If there is anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits

Our benefits and total rewards consider our team members' whole selves and aim to support health, financial security, and peace of mind. Benefits include the following:

• 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
• Review our full benefits available by employment status here

Equal Opportunity and E Verify

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.

U.S. Bank participates in the U.S. Department of Homeland Security E Verify program in all facilities located in the United States and certain U.S. territories. The E Verify program is an Internet based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.

Salary

Pay Range: $92,820.00 - $109,200.00

Background Checks and Compliance

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. Background checks are conducted consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act, as well as the San Francisco Fair Chance Ordinance. The bank is subject to, and conducts background checks consistent with, Section 19 of the Federal Deposit Insurance Act. In addition, certain positions may also be subject to FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and federal guidelines applicable to an agreement, such as ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Note

Posting may be closed earlier due to high volume of applicants.