ForgeApply · Job listing
Associate I, Fixed Income Trading Desk Support
Firstnational
See all 59 open roles at Firstnational →
Tailor your resume for this Firstnational job in about a minute.
ForgeApply tailors your resume and cover letter to this exact posting, then hands you a ready-to-submit application for Firstnational's site. Free trial, no card required.
About this role
At Northland, our employees are the heart of our story—and we’re committed to their success! Please see below the details of this career opportunity and how it fits into our organization’s success.
Summary of the Job:
The Fixed Income Trading Desk Support provides foundational operational support to the Fixed Income Trading Desk, assisting with new issue competitive deal workflows, trade processing, settlement support, and daily operational activities. This role requires strong attention to detail, a commitment to accuracy, and the ability to work efficiently under time pressure.
This role is designed for an early to mid-career professional who is building expertise in fixed income trading operations and new issue deal support. Working under the guidance of the Lead and Senior Fixed Income Trading Desk Support, the individual in this role will develop proficiency across the full new issue deal lifecycle and grow toward independent execution over time. About This Role: New Issue Deal Support: • Support the full lifecycle of new issue competitive deal workflows under the guidance of the Lead and Senior Trading Desk Support, including DTCC eligibility, closing coordination, funds movement, and settlement support. • Contribute with closing coordination activities, developing familiarity with closing call processes and procedures in preparation for greater responsibility over time. • Support daily trade flow processes including trade capture, comparison, and settlement under the direction of senior team members. • Assist in identifying and resolving trade breaks, discrepancies, and settlement issues in coordination with the Lead, Senior, operations, and counterparties.
Compliance and Regulatory Controls: • Support FINRA, MSRB, SEC, and firm trade reporting under the guidance of the Lead and Senior Trading Desk Support. • Maintain proper and accurate books and records in full compliance with applicable regulations and firm policies. • Follow established operational procedures and process documentation to support a strong control environment. • Actively develop awareness of FINRA, MSRB, and SEC regulatory requirements applicable to fixed income trading desk operations.
Operational Coordination: • Assist with coordination between traders, sales producers, operations, and counterparties as directed by senior team members. • Support the preparation of management reporting and desk summaries as needed. • Contribute to workflow improvement initiatives and desk efficiency projects under the guidance of the Lead and Senior Trading Desk Support. • Actively seek learning opportunities and apply feedback constructively to build expertise in new issue workflows and fixed income trading operations.
Key Skills: • Strong ability to execute tasks accurately and consistently in a high-volume, time-sensitive trading environment. • Foundational or developing knowledge of new issue competitive deal workflows, DTCC processes, and trade settlement. Willingness to learn is essential. • Developing proficiency in Bloomberg, iPreo, EMMA, Microsoft Excel, and Word. Prior exposure to fixed income trading platforms is a plus. • Clear and professional communication skills with the ability to coordinate effectively with traders, sales, operations, and counterparties under supervision. • Ability to identify issues and escalate appropriately to senior team members for resolution. • Ability to manage multiple tasks and adjust to shifting deal priorities in a fast-paced trading environment. • Genuine interest in developing expertise in fixed income trading operations and new issue deal support, with a commitment to growing toward independent execution over time.
The Ideal Candidate for This Role: Required: Experience: 1 – 5 years of experience in fixed income trading desk support, operations, or a related function, with significant tenure supporting new issue competitive deal workflows. Licensing: FINRA licenses; SIE, Series 7, and Series 63
Desired: Education: Bachelor’s degree in finance, business, economics, or a related field preferred. Equivalent professional experience will also be considered.
Candidates must possess unrestricted work authorization and not require future sponsorship. Compensation: Compensation range (base pay): $52,374.00-$86,417.00 This role may have a specific starting pay within this range.
Final compensation offer to candidate may vary from posted hiring range based upon work experience, education, and/or skill level.
Work Environment:
It is anticipated that the incumbent in this role will work onsite at the posted location. Our onsite environment fosters innovation, mentorship, and a vibrant culture where ideas flow freely and relationships flourish. As part of our team, you'll experience the energy of our collaborative spaces designed to support your professional growth while working alongside talented colleagues who inspire excellence daily. Please note that work location is subject to change based on business needs. Benefits Overview:
We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs: • Medical, Dental, Vision Insurance
• 401k, With Matching Contributions
• Time Off Programs
• Health Savings Account (HSA)/Dependent Care
• Employee Banking
• Growth Opportunities
• Tuition Assistance
• Short-Term/Long-Term Disability Insurance
Learn more about our benefits here: https://www.fnbo.com/careers/benefits/ .
For additional information regarding compensation and benefits, e-mail First National at TAGAdmin@fnni.com . To ensure you receive a response, include the number of this job (listed below) in the subject line of your message. Job number: R-20261444 Equal Opportunity & Belonging:
We believe that the quality of our employee experience is at the heart of our customer experience. One key pillar of our intended employee
Salary insight
The midpoint of this range ($69k) is about 44% below the median disclosed salary for Minneapolis roles listed on ForgeApply ($125k across 502 jobs).
Based on live postings with disclosed pay on ForgeApply; refreshed daily. Not an estimate of this employer's offer.
Tailor your resume for this Firstnational role before you apply.
Tailor my resume for this jobSimilar jobs
- Associate II, Fixed Income Trading Desk Support — Firstnational · Minneapolis, MN - Northland Securities Office
- Sr Sales Support Assistant, Fixed Income — KeyBank · New York, NY
- On-desk Transaction Manager - Fixed Income Division - Associate or Vice President — Morgan Stanley · New York, New York, United States
- Senior Associate, Trading Operations (Broker Dealer) — Gemini · New York, New York
- Senior Manager, Fixed Income Trading — Altruist · Dallas, TX
- Associate, Short Term Trader — Pimco · Newport Beach, CA USA
- Fixed Income Mortgage Trading Associate I — Fifth Third Bank · Cincinnati, OH
- Senior Associate, Trade Support - Global Equities — RBC · New York, New York, United States
Free ATS checker · How to Tailor Your Resume to a Job Description (Step by Step)