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Director, Fixed Income Trading (Open To Location)

Role overview

Qualifications

  • Bachelor’s degree in Finance, Accounting, Economics, or a related field
  • 12 years of experience in Banking, Investment Banking, M&A, or Capital Markets
  • Securities Industry Essentials (SIE), Series 7, and Series 63 licenses
  • Series 24 preferred

Responsibilities

  • Set Trading Strategy for your asset class, aligning execution with market conditions, client objectives, and departmental revenue goals
  • Monitor Risk and Positions across the trading desk, ensuring adherence to policy limits and optimizing profitability
  • Lead and Develop Talent by mentoring junior traders, providing performance feedback, and fostering career growth opportunities
  • Collaborate with Internal Partners including Compliance, Risk Management, and senior leadership to ensure operational integrity and strategic alignment

About the company

Fifth Third Bank logo

Fifth Third Bank

Financial Services

At Fifth Third Bank, everything we do is rooted in our purpose: to improve the lives of our customers and the well-being of our communities. Since our founding in 1858, we’ve been committed to creating a better financial experience by empowering our customers and clients to achieve what matters most. Our unified strength is grounded in the individual passion and diversity of more than 20,000 employees who work collaboratively to deliver a better tomorrow to everyone we serve. We offer a strong culture, opportunities for growth 401k match, wellness options, comprehensive insurance plans and additional resources you need to build a lasting and rewarding career path here. Headquartered in Cincinnati, Ohio, we are among the largest money managers in the Midwest. We operate four main businesses—Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management—and a network of financial centers in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. Consumers also have access to approximately 54,000 Fifth Third fee-free ATMs across the United States. Fifth Third Bancorp is a diversified financial services company and is the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. Explore Fifth Third career opportunities at: https://www.53.com/content/fifth-third/en/careers.html Fifth Third Bank, N.A., Member FDIC. Fifth Third Bank is proud to be an affirmative action/equal opportunity employer. M/F/D/V

Company details

Company typeXLarge
IndustryFinancial Services
Company size10001

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Job description

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

ABOUT THE ROLE:

The Fixed Income Trading Executive Director is a leadership position responsible for overseeing trading strategy, risk management, and revenue generation across a designated asset class. This role provides strategic direction for trading operations, ensures regulatory compliance, and drives profitability through innovative market solutions. The Executive Director serves as a key advisor to senior leadership, mentors traders, and strengthens Fifth Third’s market presence through client engagement and industry influence.

Please see below for specific responsibilities and requirements for this role.

YOUR RESPONSIBILITIES:

The responsibilities for this role are below; you may support projects of varying complexity based on skill and organizational priorities.

  • Set Trading Strategy for your asset class, aligning execution with market conditions, client objectives, and departmental revenue goals.
  • Monitor Risk and Positions across the trading desk, ensuring adherence to policy limits and optimizing profitability.
  • Lead and Develop Talent by mentoring junior traders, providing performance feedback, and fostering career growth opportunities.
  • Collaborate with Internal Partners including Compliance, Risk Management, and senior leadership to ensure operational integrity and strategic alignment.
  • Execute Trades in support of Institutional and Retail Sales representatives, maintaining precision and timeliness.
  • Generate Revenue Ideas by delivering actionable trade recommendations and market insights to Sales teams.
  • Maintain Broker Relationships with national and regional dealers to enhance liquidity and market access.
  • Ensure Regulatory Compliance through timely reporting and adherence to all applicable regulations.
  • Provide Product Expertise via formal training sessions and daily collaboration with Sales teams.
  • Represent Fifth Third as a thought leader in fixed income markets through client engagement and industry forums.

MINIMUM REQUIREMENTS:

  • Bachelor’s degree in Finance, Accounting, Economics, or a related field.
  • 12 years of experience in Banking, Investment Banking, M&A, or Capital Markets (strong Analyst performance required for internal promotion).
  • Securities Industry Essentials (SIE), Series 7, and Series 63 licenses (or ability to obtain within company policy).
  • Series 24 preferred.

REQUIRED SKILLS:

Qualified candidates will bring professional proficiency, generally acquired through 10 years of relevant work or internship experience in finance, accounting, or a related field.

  • Deep expertise in fixed income instruments, market dynamics, and trading strategies.
  • Advanced proficiency in Bloomberg and trade processing systems.
  • Strong risk management and regulatory compliance knowledge.
  • Exceptional leadership and team development capabilities.
  • Proven ability to influence senior stakeholders and drive strategic outcomes.
  • Excellent communication and relationship-building skills with internal and external partners.

SKILLS FOR SUCCESS:

Successful candidates will demonstrate a higher degree of proficiency (typically from 10 years of practical experience or advanced academic exposure) across the following areas:

  • Strategic Leadership – Shape trading strategy and anticipate market trends to maintain competitive advantage.
  • Operational Excellence – Ensure flawless execution and compliance across all trading activities.
  • Revenue Growth – Drive profitability through innovative trade ideas and client engagement.
  • Talent Development – Build organizational capability through mentorship and succession planning.

DOING THE RIGHT THING: Our employees take pride in doing the right thing for customers and colleagues as well as being accountable for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures that protect all our valuable assets —including you.

Director, Fixed Income Trading (Open To Location)

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. More information can be obtained upon request.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner. 

LOCATION -- New York, New York 10020

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting.  Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third.  Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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Marcus Rivera

Chief Revenue Officer

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