How to hire a vice president, fixed income

How to hire a vice president, fixed income, step by step

Here's a step-by-step vice president, fixed income hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a vice president, fixed income job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new vice president, fixed income
• Step 8: Go through the hiring process checklist

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1. Identify your hiring needs

   The vice president, fixed income hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   A vice president, fixed income's background is also an important factor in determining whether they'll be a good fit for the position. For example, vice presidents, fixed income from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

   This list shows salaries for various types of vice presidents, fixed income.

   Type of Vice President, Fixed Income	Description	Hourly rate
   Vice President, Fixed Income	Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.	$51-135
   Tax Manager	A Tax Manager is responsible for managing tax reporting and compliance within an organization. They provide innovative tax planning and prepare state and federal tax returns for companies.	$33-62
   Collections Manager	A collections manager is a professional who manages a staff of collectors whose job is to contact companies and individuals for the late payments on the products and services they have received. Collections managers oversee a company's process of retrieving money owed to them by assigning collectors to collect the money... Show more	$20-39

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Fixed Income
   • Portfolio Management
   • Securities
   • Risk Management
   • Income Products
   • Asset Classes
   • Capital Markets
   • Derivative
   • Bloomberg
   • Bonds
   • MBS
   • Income Sales
   • Java
   • Equities

   Check all skills

   Responsibilities:

   • Manage company's relationship with SIFMA and coordinate with them on MBS trading and settlement-relate issues.
   • Help manage agency MBS portfolio with goals to outperform index and mandates, complacent with book yield requirements and income needs.
   • Design and manage multiple evidence-base healthcare solutions for population health and analytics in alignment with the organizational mission.
   • Develop marketing strategies for high yield/distress, mortgage-backed securities, corporate, commercial mortgage-backed securities and municipal bonds sales.
   • Code a few key JAVA middle tier components.
   • Automate download of historic and/or bulk data from Bloomberg base on date range and list of tickers provide.

   More vice president, fixed income duties

3. Make a budget

   Including a salary range in your vice president, fixed income job description helps attract top candidates to the position. A vice president, fixed income salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

   For example, the average salary for a vice president, fixed income in Mississippi may be lower than in Alaska, and an entry-level vice president, fixed income usually earns less than a senior-level vice president, fixed income. Additionally, a vice president, fixed income with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

   Average vice president, fixed income salary

   $173,992yearly

   $83.65 hourly rate

   ---

   Entry-level vice president, fixed income salary

   $107,000 yearly salary

   Updated December 19, 2025

   Average vice president, fixed income salary by state

   Rank	State	Avg. salary	Hourly rate
   1	New Jersey	$189,260	$91
   2	New York	$172,794	$83
   3	Connecticut	$166,913	$80
   4	Georgia	$166,441	$80
   5	Massachusetts	$165,615	$80
   6	Ohio	$161,146	$77
   7	North Carolina	$160,983	$77
   8	California	$160,783	$77
   9	Florida	$130,973	$63

   Average vice president, fixed income salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	Deutsche Bank	$214,107	$102.94	66
   2	Daiwa Capital Markets America Holdings Inc.	$208,709	$100.34
   3	Nomura Securities	$205,291	$98.70	7
   4	MUFG EMEA	$200,102	$96.20
   5	BNP Paribas	$199,066	$95.70	8
   6	Barclays	$190,272	$91.48	2
   7	Tudor Funds	$187,199	$90.00
   8	Ohio National Financial Services	$184,724	$88.81
   9	Goldman Sachs	$180,743	$86.90	40
   10	Rbc Holding Co Ltd	$179,881	$86.48
   11	Mesirow	$175,524	$84.39	1
   12	ManpowerGroup	$173,233	$83.29	3
   13	Royal Bank of Canada	$173,058	$83.20	5
   14	MUFG Americas Holdings	$172,150	$82.76	180
   15	S&P Global	$171,481	$82.44
   16	State Street	$169,796	$81.63	292
   17	BNY Mellon	$168,924	$81.21	498
   18	Jefferies	$163,068	$78.40	7
   19	Morgan Stanley	$161,623	$77.70	79
   20	JPMorgan Chase & Co.	$161,323	$77.56	901

4. Writing a vice president, fixed income job description

   A vice president, fixed income job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a vice president, fixed income job description:

   Vice president, fixed income job description example

   VP, Fixed Income Operations - (22000206) Description Jefferies Group LLC, the largest independent, global, full-service investment banking and capital markets firm headquartered in the U.S. focused on serving clients for 60 years, is a leader in providing insight, expertise and execution to investors, companies and governments. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia. Jefferies Group LLC is a wholly owned subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), a diversified financial services company.
   The VP, Fixed Income Ops would be primarily responsible for managing the following teams:
   
   Government/MBS Ops
   Repo and Funding Ops
   
   Day-to-day responsibilities include:
   
   Researching and reconciling breaks, fails, open items, unencumbered securities, etc
   Liaising with desk, Middle Office, and other Operations teams to satisfy settlement and funding obligations
   Architecting and managing trade flows to respective systems/depots for settlement
   Re-aligning securities between depots
   Creating and repairing processes to lower operational risk to the firm
   Leading efforts to manage testing, upgrades, projects, etc
   
   Experience in the following is a plus:
   
   MBS Allocations
   
   Warehouse Lending/Gestation Repo Ops
   TMPG and Claims
   
   Qualifications Desirable Qualifications:
   
   Strong knowledge of all Fixed Income clearance/settlement concepts and experience in DTC, Fed, and Euroclear
   Strong knowledge of Fixed Income security lifecycle events (fails, maturities, coupons, factors, rate changes, reorgs, etc) and its effect on stock record/trial balances
   Proven track record of managing operational risk, processes, projects, and staff
   Strong knowledge of Broadridge GPS products (BPS, CAGE, Impact, Gloss)
   
   Proven track record of successfully managing the allocation of collateral into triparty shells and running a funding operation
   Proven track record of successfully working with industry peers on Fixed Income initiatives (Same Day Settlement, Fed Repo Tracking, Consolidated Margin, Single Security, etc)
   Strong attention to detail
   Strong written and verbal communication skills
   Strong Excel skills (Pivot Tables, VLOOKUP, analysis of large data sets)
   Proven self-starter with ability to think quickly under pressure
   
   The estimated salary range for this role is $130,000-$180,000. This salary range is specific to Jersey City, NJ-based roles only.
   
   At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
   
   Jefferies is an equal employment opportunity employer. We practice equal opportunity for all, and all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with qualified disabilities, as appropriate, under applicable law.
   
   All employees must follow Jefferies' COVID-19 protocol policy, which is subject to change. Your acceptance of an offer means that you will comply with the COVID-19 protocol policy. Jefferies expects that you will work in-person in the office on a schedule set by your manager or the firm.
   Primary Location: US-NJ-Jersey CityJob: OperationsOrganization: CorporateSchedule: Full-time Job Posting: Oct 14, 2022, 1:52:21 PM

   Copy this example

   

5. Post your job

   To find the right vice president, fixed income for your business, consider trying out a few different recruiting strategies:

   • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
   • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with vice presidents, fixed income they would recommend.
   • Recruit at local colleges. Attend job fairs at local colleges to recruit vice presidents, fixed income who meet your education requirements.
   • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.

   Post your job online:

   • Post your vice president, fixed income job on Zippia to find and recruit vice president, fixed income candidates who meet your exact specifications.
   • Use field-specific websites.
   • Post a job on free websites.

6. Interview candidates

   During your first interview to recruit vice presidents, fixed income, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

   It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new vice president, fixed income

   Once you've decided on a perfect vice president, fixed income candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

   It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

   To prepare for the new vice president, fixed income first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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