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Fixed Income Trader - Asset Management

Northern Trust
London, United Kingdom Posted Oct 16, 2026
On-site

About this role

Fixed Income Trader - Asset Management

The Fixed Income Trader will be responsible for the execution of fixed income transactions, working closely with Portfolio Managers and brokers to deliver effective trade execution across bond markets. The role will provide market insight and trading expertise, helping inform investment decisions through a strong understanding of market conditions, pricing, liquidity and security-specific factors.

Key Responsibilities

  • Execute fixed income transactions in accordance with Portfolio Manager instructions, investment guidelines and established trading processes.

  • Ensure the fair and equitable treatment of trade orders and maintain appropriate oversight throughout the execution process.

  • Monitor fixed income markets and maintain a strong understanding of factors influencing bond prices, including market conditions, supply and demand, technical factors and economic fundamentals.

  • Provide Portfolio Managers with relevant market intelligence, pricing information, trading insights and security-specific perspectives.

  • Maintain regular contact with brokers to support effective trade execution and assess the quality and effectiveness of broker service.

  • Act as a key resource to Portfolio Managers on fixed income markets, individual securities and investment opportunities.

  • Maintain effective oversight of the receipt, tracking and execution of bond orders, working with Operations and brokers to resolve trade or settlement discrepancies.

  • Provide input on portfolio strategy and structure, taking into account client investment objectives, prevailing market conditions and relevant fixed income investment policies.

  • Maintain up-to-date knowledge of fixed income investment vehicles, their characteristics, regulatory requirements, yields and pricing, as well as relevant regulatory developments.

  • Provide portfolio and market analysis to support Portfolio Managers with existing and prospective client requirements.

  • Support the management of less actively traded fixed income assets for fiduciary and agency accounts in partnership with Portfolio Managers and relationship teams.

  • Knowledge & Skills

  • Strong knowledge of fixed income markets, bond trading and trade execution.

  • Good understanding of investment vehicles, portfolio management principles and credit analysis.

  • Ability to assess market conditions, pricing, liquidity and credit considerations and apply this knowledge to trade execution.

  • Strong analytical and decision-making skills, with the ability to interpret market information and communicate relevant insights to Portfolio Managers.

  • Strong communication and relationship-management skills, with the ability to work effectively with Portfolio Managers, brokers, Operations and other internal partners.

  • Good understanding of the regulatory environment relevant to fixed income trading and investments.

Experience

  • Minimum 3-5 years of relevant experience in fixed income trading, investment management or a closely related area.

  • Relevant academic or professional qualifications in finance, economics, investment management or a related discipline would be beneficial.

  • Work Authorization

  • Applicants must have the right to work in the United Kingdom at the time of application and for the duration of employment.

  • Please note that Northern Trust is unable to provide visa sponsorship for this role. This includes Skilled Worker visas, Global Business Mobility routes, Graduate visas, Youth Mobility Scheme, High Potential Individual visas, Scale-up Worker visas, Temporary Worker visas, and other employer-sponsored visa categories.

  • Working with Us

  • As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

  • Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

  • Reasonable Accommodation

  • Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please contact our HR Service Center, or alternatively you can discuss your individual requirements with the recruiter you are working with.

  • About Us

  • Looking for greater?

  • You found it.

  • A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

  • Read More

  • Terms and Conditions

  • Terms and Conditions

  • Candidate Privacy Notices

  • Candidate Privacy Notice

  • California Applicant Privacy Notice

  • Pay Transparency

  • Pay Transparency Nondiscrimination Provision (U.S)

  • Disclosures

  • Transparency in Coverage Disclosure – North America

  • Reasonable Accommodation

  • Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please contact our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

  • Equal Employment Opportunity Statements

  • APAC/INDIA EEO STATEMENT

  • It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO STATEMENT

  • Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO STATEMENT

  • It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO STATEMENT

  • It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion or belief, national origin, sex, disability, or other protected characteristic.

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