Mid-Level

Bank and Savings Securities Trader

The person who executes securities trades on behalf of a bank or savings institution — buying and selling bonds, equities, or money-market instruments, monitoring positions, and managing the institution's exposure to market moves.

Career Level
Junior
Mid
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Work Personality
E
C
I
S
R
A
Enterprisingleading, persuading
Conventionalorganizing, detail-oriented
Based on Holland Code framework
Job markets for Bank and Savings Securities Traders
Employment concentration · ~400 areas
Based on employment in related occupations
Mapped SOC categories:
BLS Occupational Employment Statistics
What it's like

What it's like to be a Bank and Savings Securities Trader

A typical day tends to start before markets open with research and news review, then shifts to executing orders, monitoring positions throughout the session, and documenting trades for compliance and settlement. The work happens in real time — prices move, opportunities open and close in seconds, and judgment calls have to land fast. The pace can be intense for hours at a stretch.

You'll often coordinate with portfolio managers, sales desks, compliance officers, and counterparties at other institutions. Counterparty relationships actually matter — pricing, fills, and information flow tend to be better with desks you've built credibility with over time. The job has more relational substance than the screens-and-numbers stereotype suggests.

People who tend to thrive here are fast thinkers, comfortable with risk, and disciplined about process. If losses rattle you or you need predictable rhythms, the volatility can be brutal. If you find satisfaction in reading markets and executing well under pressure, the work can be addictive — though most traders eventually decide whether the lifestyle is sustainable for the long haul.

AchievementAbove avg
Working ConditionsAbove avg
IndependenceAbove avg
RelationshipsModerate
RecognitionModerate
SupportModerate
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape — and where it can take you.

$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
1 BLS OEWS May 2024 covers all Bank and Savings Securities Traders (SOC 13-2054.00, 41-3031.00), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Also appears in: Sales
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✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$47K–$215K
Salary Range
10th – 90th percentile
529K
U.S. Employment
+4.9%
10yr Growth
43K
Annual Openings

How this category is changing

$74K$71K$68K$65K$62K201920202021202220232024$62K$74K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

Active ListeningCritical ThinkingMonitoringJudgment and Decision MakingSpeakingReading ComprehensionActive LearningPersuasionSocial PerceptivenessComplex Problem Solving
O*NET OnLine · Bureau of Labor Statistics
13-2054.0041-3031.00

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.