This sector covers all our debt jobs in capital markets. Also known as fixed income, debt usually refers to bonds, which like equities, are issued by a company or government in order to raise money. Only instead of selling investments in the company, the company sells bonds which are loans with promises to pay the bond holders back their principal plus interest at some designated time in the future. In the meantime, the bonds can be sold to other investors in the secondary bond markets. Typically, the bondholder who is eventually reimbursed is rarely the original buyer. As with equities, investment banks act as the bond underwriters to create bonds and bring them to market.
Until the date of the bond's maturity, the bondholder will receive interest payments in return for lending the issuer money and because these payments take the form of a fixed cash sum paid at regular intervals bonds have become known as fixed income products.
Debt Roles and Fixed Income Career Paths
If you work as a debt specialist, you could do anything from originating, to structuring to syndicating. Or you could even work for a law firm that handles the legal aspects of submitting registration paperwork and other tasks. In an investment bank, origination specialists are usually senior capital markets bankers. Their jobs involve quite a lot of travel to meet clients in an effort to gain insight into their financing needs and to persuade them to offer business to their bank.
If you work in structuring, you tend to be desk bound, creating debt products to suit a company's financial needs. Then it's up to the people on the syndication desk to get the market ready for sale. They calculate the best interest range, assess demand, and make sure the correct documents are in place.
Fixed income job titles include Fixed Income Trader, Municipal Bond Sales, Capital Markets Credit Risk Analyst, Global Fixed Income Product Specialist, Investment Grade Credit Investor, or Senior Structured Finance Specialist.
Skills and Qualities to Work in Fixed Income
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|Emerging Market Debt Portfolio Manager/Strategist - US Broad Markets||Wellington Management Company, LLP Competitive||USA-MA-Boston||20 May 13|
Emerging Market Debt Portfolio Manager/Strategist - US Broad Markets
|FI Portfolio Analytics||Fusionfind LLC $105,000 base||USA-NJ-Union City||19 May 13|
Yield Book expert for leading buyside shop. Must have extensive Yield Book experience.
|Fixed Income and Commodities - Risk Control Group Futures Serveillance||Morgan Stanley Competitive||USA-NY-New York City||19 May 13|
See job description for details
|Fixed Income and Commodities - Executive Director, Matrix Product Manager||Morgan Stanley Competitive||USA-NY-New York City||19 May 13|
See job description for details
|Vice President - BRM Sales and Marketing||Morgan Stanley Competitive||USA-NY-New York City||19 May 13|
See job description for details
|MBS Quantitative Analyst||Comprehensive Recruiting Competitive compensation and benefit pac...||USA-NY-New York City||18 May 13|
Global financial firm is looking to add a Quant Analyst with previous MBS experience to their Quantitative Ris...
|Prepayment Modeler||Comprehensive Recruiting Outstanding compensastion and benefit pl...||USA-NY-New York City||17 May 13|
Global financial firm is looking to add an experienced Prepayment Modeler to their Quantitative team.
|Business Analyst - Exchange Traded Derivatives||GMS Advisors up to 160k + bonus||USA-NY-New York City||17 May 13|
Business Analyst - Exchange Traded Derivatives
|Business Process Analyst Fixed Income Pricing||GMS Advisors 160k + bonus||USA-NY-New York City||17 May 13|
Looking for a highly analytical / process oriented person who has strong experience understanding various Fixe...
|Quant Analyst - Market Risk||Comprehensive Recruiting Outstanding compensation and benefit pla...||USA-NY-New York City||17 May 13|
Global financial firm is looking to add to their Quantitative Risk Management Group.
|Latin America Credit Portfolio manager||Not Disclosed $200000 - $400000 per annum, Benefits: O...||USA-NY-New York City||17 May 13|
My client is a multi-billion dollar highly prestigious hedge fund seeking to add a latin america portfolio man...
|Market Risk Manager||Comprehensive Recruiting Outsanding compensation, benefit and rel...||USA-NC-Charlotte||17 May 13|
Leading Financial Institution is looking to add a Market Risk Manager to the Risk team that supports RMBS, CMB...
|Desktop Solutions Specialist Job||Bloomberg Negotiable||USA-NJ-Jersey City||17 May 13|
Desktop Solutions Specialist
|Fixed Income Electronic Market Making Quant Trader – New York||Rostron Search VP/Director – Total 1st year Comp $300k...||USA-NY-New York City||17 May 13|
A fixed income electronic market making quant trader position is immediately available at tier 1 investment ba...
|Quantitative Analyst - Interest Rates||Comprehensive Recruiting Outstanding compensation and benefit pac...||USA-NY-New York City||17 May 13|
Global financial firm is looking to add a Quant Analyst with strong experience in Interest Rates to their Quan...
|Junior Leveraged Loan Trader||Not Disclosed Competitive Base + Bonus + Benefits||USA-NY-New York City||16 May 13|
New York-based credit asset manager seeking to add a junior leveraged loan trader for its loan/CLO management ...
|TAX-EXEMPT FIXED INCOME SALES & TRADING||Lancaster Pollard Commensurate with experience||USA-OH-Columbus||16 May 13|
This position is responsible for syndicate development and institutional sales. Additional responsibilities i...
|Java Developer - Equities Algo Trading||UBS AG - Investment Bank BOE||USA-CT-Stamford||16 May 13|
Seeking an experienced Java Applications Developer to design, build front office equity trading systems. Capa...
|Senior Credit Desk Analyst||UBS AG - Investment Bank - US to be determined||USA-NY-New York City||16 May 13|
Senior credit trading desk analyst supporting high yield, loan, and investment grade trading desks.
|VP Fixed Income Surveillance||The Forum Group Base salary, bonus and benefits||USA-NY-New York City||16 May 13|
Our client is a top tier, global investment bank looking to expand their Compliance team with a highly qualifi...
|High Yield Trading/Sales||IJC Partners OPEN||USA-NY-New York City||16 May 13|
NYC Investment Bank is seeking a High Yield trading/sales team/individuals to establish a new desk.
|Investment Portfolio Manager||Bankers' Bank Northeast competitive base salary with commission||USA-CT-Hartford||16 May 13|
Bankers'' Bank Northeast is a specially-chartered bank that offers a variety of correspondent financial servic...
|Junior Portfolio Manager - High Yield / Leveraged Loans||Michael Page International - US Base Salary and Peformance Bonuse||USA-NY-New York City||15 May 13|
Credit Investment business seeks to add a Junior / Associate Portfolio Management professional to their Corpor...
|Director/MD, Institutional Credit Sales, Bulge Bracket Bank||Michael Page International - US $Base plus $Bonus||USA-NY-New York City||15 May 13|
Our client is a Bulge Bracket Bank. They are looking for an MD/Director Credit Salesperson, to market Credit p...
|RMBS Agency Non-Agency Modeler Strategist - NYC||Analytic Recruiting Inc. Competitive comp||USA-NY-New York City||15 May 13|
A hedge fund with offices in New York City is seeking an experienced mortgage prepayment and/or default modele...
|Strategic Data Quality Manager||Brandywine Global Investment Management Competitive||USA-PA-Philadelphia||15 May 13|
The Strategic Data Quality Manager's primary responsibilities will include the integration of the strategic fu...
|Business Analyst- Fixed Income||Tuttle agency 90,000 - 120,000 plus bonus||USA-NJ-Jersey City||15 May 13|
Our client, a leading financial information provider, is looking for a Business Analyst for their NYC location...
|Data Analyst||Markit Commensurate with experience||USA-TX-Dallas||15 May 13|
Markit has an immediate opening for an analytical and detail-oriented individual to handle data maintenance, ...
|Associate, Product Services Analyst, CDS||Markit - US commensurate with experience||USA-TX-Dallas||15 May 13|
Markit has an opening for a product services analyst to assist with the day-to-day operations of Markit''s CDS...
|Associate, Product Services Analyst, Loans Pricing||Markit - US commensurate with experience||USA-TX-Dallas||15 May 13|
Markit currently has an opening for a loan pricing analyst to assist with the day-to-day operations of the bus...