Fixed Income Trader

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

The Fixed Income Trader is responsible for executing purchases and sales of Treasury, Agency, Commercial Paper, and Money Market Mutual Fund securities, including FDIC sweep products, on a riskless principal basis to fulfill institutional client requests originated by U.S. Bank’s Money Center Sales team. This role plays a critical function in delivering timely and accurate trade execution while ensuring operational integrity across the full trade lifecycle.

Working within a fast-paced trading environment, this individual will manage high-volume transaction activity, maintain strong controls, and collaborate closely with internal partners and external counterparties. The position requires a strong understanding of fixed income markets, attention to detail, and the ability to balance execution, operations, and risk management responsibilities.

Basic Qualifications

Bachelor's degree, or equivalent work experience

Typically one or more years of related experience

Preferred Skills/ Experience

Hands‑on experience executing and supporting fixed income trades through the full trade lifecycle, including confirmation, clearing, settlement, and operational processing

Ability to independently perform daily operational responsibilities, including trade balancing, position and cash reconciliation, money market mutual fund balancing, and resolution of variances or breaks

Demonstrated attention to detail and accuracy in managing high‑volume transaction activity and time‑sensitive deadlines

Familiarity with regulatory, compliance, and accounting concepts impacting Corporate Treasury and institutional trading activity

Ability to work independently while contributing positively in a team-based trading and operations environment

Experience generating, reviewing, balancing, and reconciling trading and operational reports with minimal supervision

Strong problem‑solving skills with the ability to identify root causes and resolve trade, settlement, or reconciliation issues efficiently to mitigate operational risk

Effective communicator who works closely with sales teams, operations, compliance, and external counterparties to support timely and accurate trade execution

Ability to manage large transactions and heavy trade volume in a fast‑paced environment while maintaining strong control standards

Demonstrated interest in fixed income markets with an inquisitive, detail-oriented mindset

Strong organizational skills with the ability to prioritize multiple tasks and adjust to changing market conditions

Required proficiency in Microsoft Excel with proven experience utilizing the Bloomberg trading system to support fixed income trading and operational functions

This role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there’s 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

.