In this sector, you'll find listings for debt jobs in capital markets. Debt is also called fixed income. Debt in this context normally refers to bonds, which, similar to equities, are issued by a company or government with a goal to raise money. The company or government sells bonds, which are basically loans, with the promise to pay the bond holders back their principal plus interest at a specific appointed time in the future. Before that time, however, bonds can be sold once again to other investors in a secondary bond market. The bond holder, who eventually recovers the principal and interest, is often one of these other investors rather than the original buyer. Investment banks normally act as the bond underwriters. They are responsible for creating bonds and bringing them to market.
Before the bond matures, the bond holder receives interest payments as an exchange for lending the issuer money. Because these interest payments are a fixed cash sum paid at regular intervals, bonds are now also known as fixed income products.
Positions in Debt and Fixed Income
Work as a debt specialist can be widely varied. The job could include anything from originating to structuring or syndicating. On the legal side, you may find work at a law firm that deals with the legal requirements of submitting registration paperwork and other tasks. Origination specialists working in an investment bank are often senior capital markets bankers. These jobs involve traveling, often around the world, to meet clients so they can better establish their financing needs and make a case for them to offer business to their bank.
Positions in structuring usually involve more work in the office. Your job will be to create debt products to match a company's financial requirements. After that, people working on the syndication desk ready the products for sale. It's their responsibility to calculate the best interest range, assess demand, and arrange correct documentation.
Fixed income job titles could be Municipal Bond Sales, Global Fixed Income Product Specialist, Fixed Income Trader, Investment Grade Credit Investor, Capital Markets Credit Risk Analyst or Senior Structured Finance Specialist.
Some of the skills you'll find useful when working in fixed income include analytical ability and an aptitude for statistics, strong communications skills, multi-tasking and perseverance.
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|Emerging Market Debt Portfolio Manager/Strategist - US Broad Markets||Wellington Management Company, LLP Competitive||Boston, MA||25 May 13|
Emerging Market Debt Portfolio Manager/Strategist - US Broad Markets
|MBS Quantitative Analyst||Comprehensive Recruiting Competitive compensation and benefit pac...||New York City, NY||24 May 13|
Global financial firm is looking to add a Quant Analyst with previous MBS experience to their Quantitative Ris...
|Distribution Strategic Internal Consultant||Fitch Not Specified||New York City, NY||24 May 13|
Fitch Fitch Ratings is a global rating agency committed to providing value beyond the rating through indepen...
|Junior Leveraged Loan Trader||Not Disclosed Competitive Base + Bonus + Benefits||New York City, NY||24 May 13|
New York-based credit asset manager seeking to add a junior leveraged loan trader for its loan/CLO management ...
|Product Controller||International Market Recruiters $35-$40/hr||Stamford, CT||24 May 13|
International Market Recruiters is one of the leading professional recruitment agencies, specializing in the p...
|Fixed Income Electronic Market Making Quant Trader – New York||Rostron Search VP/Director – Total 1st year Comp $300k...||New York City, NY||24 May 13|
A fixed income electronic market making quant trader position is immediately available at tier 1 investment ba...
|Quantitative High Frequency Trader - New York||DBFS £Highly Competitive + Bonus + Benefits||New York City, NY||24 May 13|
Exceptional Quantitative Research and Trading individuals with High Frequency Trading experience required in N...
|Business Analyst - Exchange Traded Derivatives||GMS Advisors up to 160k + bonus||New York City, NY||24 May 13|
Business Analyst - Exchange Traded Derivatives
|Business Process Analyst Fixed Income Pricing||GMS Advisors 160k + bonus||New York City, NY||24 May 13|
Looking for a highly analytical / process oriented person who has strong experience understanding various Fixe...
|Financial modelling and Econometrics Director||Fitch Ratings Not Specified||New York City, NY||24 May 13|
Fitch Dual-headquartered in New York and London, Fitch Ratings is a global rating agency dedicated to ...
|Fixed Income and Commodities - Risk Control Group Futures Serveillance||Morgan Stanley Competitive||New York City, NY||24 May 13|
See job description for details
|Vice President - BRM Sales and Marketing||Morgan Stanley Competitive||New York City, NY||24 May 13|
See job description for details
|Prepayment Modeler||Comprehensive Recruiting Outstanding compensastion and benefit pl...||New York City, NY||24 May 13|
Global financial firm is looking to add an experienced Prepayment Modeler to their Quantitative team.
|Quant Analyst - Market Risk||Comprehensive Recruiting Outstanding compensation and benefit pla...||New York City, NY||24 May 13|
Global financial firm is looking to add to their Quantitative Risk Management Group.
|Market Risk Manager||Comprehensive Recruiting Outsanding compensation, benefit and rel...||Charlotte, NC||23 May 13|
Leading Financial Institution is looking to add a Market Risk Manager to the Risk team that supports RMBS, CMB...
|Futures Trade Processing||SOLO Management Inc. $100,000-$150,000||Chicago, IL||23 May 13|
Responsible for trade capture and allocation of trades both external and in-house.
|Quantitative Analyst - Interest Rates||Comprehensive Recruiting Outstanding compensation and benefit pac...||New York City, NY||23 May 13|
Global financial firm is looking to add a Quant Analyst with strong experience in Interest Rates to their Quan...
|VP Fixed Income Surveillance||The Forum Group Base salary, bonus and benefits||New York City, NY||23 May 13|
Our client is a top tier, global investment bank looking to expand their Compliance team with a highly qualifi...
|Quantitative Analyst -- MBS Statistics||Hudson Placement Group Highly competitive||New York City, NY||22 May 13|
Dynamic MBS hedge fund has opening for statistician.
|Analyst||Avenue Pacific Competitive||Los Angeles, CA||22 May 13|
Our client, a prominent global investment management firm specializing in Emerging Markets and Global Credit s...
|Leading Pricing Analyst (S&P Capital IQ)||McGraw Hill Financial Base salary and performance-based bonus||New York City, NY||22 May 13|
Analytical position w/supervisory responsibilities
|Macro Economic Research Analyst – New York, NY||Analytic Recruiting Inc. Competitive comp||New York City, NY||22 May 13|
We are working with a very prestigious asset management company in midtown looking for a Macro Economic Resear...
|Prepayment Modeler -- European RMBS||Hudson Placement Group Highly competitive||New York City, NY||22 May 13|
Major US bank in NYC has opening for an MBS modeler with experience in European RMBS
|Administrative Assistant||Allianz Global Investors Competitive||San Diego, CA||21 May 13|
This position is responsible for providing administrative and portfolio assistance support for the CIO Fixed I...
|Senior Agency MBS Strategist, Major Investment Bank, NYC||Not Disclosed Highly Competitive||New York City, NY||21 May 13|
A major investment bank is seeking a Senior Agency MBS Strategist in New York, NY. Candidates must have experi...
|Business Analyst- Fixed Income||Tuttle agency 90,000 - 120,000 plus bonus||New York, NY, 10017||20 May 13|
Our client, a leading financial information provider, is looking for a Business Analyst for their NYC location...
|VP/Director, Rates Trader - Exotic Interest Rates Trading||OCG - Obtain Consulting Group Competitive||New York City, NY||20 May 13|
My client is a Tier One investment bank who are looking to expand their Interest Rates Exotics Trading Desk. T...
|Fixed Income and Commodities - Executive Director, Matrix Product Manager||Morgan Stanley Competitive||New York City, NY||19 May 13|
See job description for details
|Desktop Solutions Specialist Job||Bloomberg Negotiable||Manhattan, NY||17 May 13|
Desktop Solutions Specialist
|TAX-EXEMPT FIXED INCOME SALES & TRADING||Lancaster Pollard Commensurate with experience||Columbus, OH||16 May 13|
This position is responsible for syndicate development and institutional sales. Additional responsibilities i...