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
This role executes fixed income and money market transactions for institutional clients based on customer direction provided through Money Center Sales. The individual supports the full trade lifecycle, including trade execution, settlement, balancing, reconciliation, and operational processing. Working closely with Sales, Operations, Compliance, broker dealers, and external counterparties, this position helps ensure timely and accurate trade execution in a fast-paced, high-volume environment. Strong attention to detail, problem-solving skills, and compliance with established procedures and regulations are critical to success.

Key Responsibilities
Execute customer-directed transactions involving Treasury securities, agency securities, commercial paper, money market mutual funds, FDIC sweep products, and other fixed income instruments.
Support trades through the full trade lifecycle, including execution, confirmation, clearing, settlement, and operational processing.
Perform trade balancing, reconciliations, operational reporting, and issue resolution activities.
Partner with Money Center Sales, Operations, Compliance, broker dealers, and external counterparties to support accurate trade execution and processing.
Maintain compliance with established procedures, policies, and regulatory requirements.
Provide guidance and assistance to less experienced team members as needed.
Basic QualificationsBachelor's degree, or equivalent work experienceFive to eight years of relevant work experiencePreferred Skills/ExperienceWorking knowledge of fixed income and money market products, including Treasuries, Agencies, Commercial Paper, Money Market Mutual Funds, and FDIC sweep productsHands-on experience executing and supporting fixed income trades through the full trade lifecycle, including confirmation, clearing, settlement, and operational processingAbility to independently perform daily operational responsibilities, including trade balancing, position and cash reconciliation, money market mutual fund balancing, and resolution of variances or breaksDemonstrated attention to detail and accuracy in managing high-volume transaction activity and time-sensitive deadlinesFamiliarity with regulatory, compliance, and accounting concepts impacting Corporate Treasury and institutional trading activityAbility to work independently while contributing positively in a team-based trading and operations environmentExperience generating, reviewing, balancing, and reconciling trading and operational reports with minimal supervisionStrong problem-solving skills with the ability to identify root causes and resolve trade, settlement, or reconciliation issues efficiently to mitigate operational riskEffective communicator who works closely with sales teams, operations, compliance, and external counterparties to support timely and accurate trade executionAbility to manage large transactions and heavy trade volume in a fast-paced environment while maintaining strong control standardsDemonstrated interest in fixed income markets with an inquisitive, detail-oriented mindsetStrong organizational skills with the ability to prioritize multiple tasks and adjust to changing market conditionsRequired proficiency in Microsoft Excel with proven experience utilizing the Bloomberg trading system to support fixed income trading and operational functionsLocation Expectations:This role requires working from a U.
S. Bank location three (3) or more days per week.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:Healthcare (medical, dental, vision)Basic term and optional term life insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawReview our full benefits