Junior Fixed Income Trader

Full job description

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.

Our Opportunity:

Charles Schwab's Fixed Income Trading Team manages the firm's BondSource platform that offers clients, on a typical day, the choice of over 200,000 different fixed income securities. The most popular products are Municipal and Corporate Bonds; CD's; U.S. Treasury Bills, Notes and Bonds. The group consists of approximately 35 Traders managing separate portfolios primarily in three locations (Lone Tree, CO, Jersey City, NJ, and San Francisco, CA).

What you’ll do:

Charles Schwab is looking for a qualified junior Fixed Income Trader. This role will primarily support our Fixed Income Syndicate Team, however, may support other portions of the desk as well. The Syndicate team is responsible for handling the New Issue and Secondary order flow for our Certificates of Deposit, Structured Product, Retail Note/MTN and preferred stock offerings. This role will provide candidates the opportunity to become well versed in the nuances of various fixed income products and how those product offerings are managed, including the leveraging of electronic platforms. In time this role will offer the opportunity to provide support to national sales teams and work to identify and implement process improvements impacting the Syndicate Team. Strong communication and teamwork skills along with an ability to work in a fast-paced environment are essential. The position will be in Lone Tree, CO.

What you have

Required Qualifications:

• Bachelors Degree

Preferred Qualifications:

• 1-2 years of Trading experience
• Experience working in Bloomberg
• Ability to collect and analyze data with the purpose of developing, managing and enhancing tools to increase efficiencies
• Experience with SQL
• Very strong Excel skills, additional database platform knowledge desired
• Ability to work independently, exercise sound judgment and manage daily work load
• Series 7 & 63 will be a condition of employment within 3-6 months
• Series 57 will be a ondition of employment to obtain license within 6 months

In addition to the salary range, this role is also eligible for bonus or incentive opportunities

#campus

What’s in it for you

At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. 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