Senior Fixed Income Trader (Fixed Income)

Location: Wilmington, Delaware, United States of America

Salary: $68,400.00–$114,000.00 annual (USD)

Company

M&T Bank provides banking and investment-related financial services through M&T Bank and Wilmington Trust.

What you will do

• Execute fixed income transactions under established investment guidelines, trading policies, best execution standards, and senior trading supervision.
• Monitor market conditions, interest-rate movements, credit developments, and trading activity to identify trends and opportunities.
• Communicate trade, pricing, security, and market information with brokers, portfolio managers, compliance, and operations teams.
• Support portfolio construction by gathering and analyzing fixed income market data, investment opportunities, and liquidity information.
• Maintain relationships with broker-dealers, trading counterparties, and internal stakeholders while identifying and escalating operational, compliance, and market issues.
• Contribute trading insights to client presentations, investment committee materials, and market commentary, and complete assigned projects and training.

Requirements

• Bachelor's degree and at least 2 years of experience in the financial services industry. In lieu of a degree, 6 years of combined higher education and/or work experience, including at least 2 years of financial services and/or fixed income trading experience.
• Basic understanding of fixed income markets, securities, and investment concepts.
• Strong analytical skills and the ability to interpret market data and communicate findings effectively.
• Excellent attention to detail, organizational skills, and verbal and written communication abilities.
• Ability to work in a fast-paced, team-oriented environment.
• Proficiency in Microsoft Excel and other financial applications.
• Ability to comply with regulatory requirements, firm policies, risk controls, and trading procedures.

Nice to have

• Familiarity with Bloomberg, MarketAxess, Tradeweb, or similar trading and analytical platforms.
• Exposure to asset management, capital markets, and fixed income markets.
• Internship or work experience in investment management, fixed income markets, treasury, trading, or capital markets.
• Progress toward the CFA designation or another relevant industry certification.
• Exposure to institutional fixed income products, including corporate bonds, municipal bonds, U.S. Treasuries, agency securities, or securitized products.
• Current pursuit of an MBA, CFA, or CPA.

Culture & Benefits

• Collaborative and inclusive team environment.
• Ongoing professional development and training focused on fixed income markets and trading skills.
• Pay is market-informed, with compensation determined by the candidate's knowledge, skills, and experience within the stated range.