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.

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 counter parties. The position requires a strong understanding of fixed income markets, attention to detail, and the ability to balance execution, operations, and risk management responsibilities.

• Bachelor's degree, or equivalent work experience
• Typically one or more years of related 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 counter parties 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

• 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.

Pay Range: $66,640.00 - $78,400.00

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.

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.

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