Fixed Income Research Analyst I

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office.

This role supports fixed income portfolio management, investment research, and data-driven decision-making within the investment team. The analyst will contribute to portfolio monitoring, trade support, and research efforts while leveraging data analytics and AI-driven tools to enhance investment insights and operational efficiency.

The position balances analytical responsibilities with hands-on execution, including reporting, research, and day-to-day support of portfolio managers. The ideal candidate has experience in fixed income markets, portfolio management, and an interest in applying AI and data tools to improve investment processes.

Portfolio Management & Trading Support

• Monitor fixed income portfolios and assist in implementing investment strategies
• Support trade execution and post-trade analysis in coordination with portfolio managers
• Identify trends and relative value opportunities across credit markets
• Contribute to buy/sell recommendations with supporting analysis
• Prepare and deliver clear investment communications and commentary

Data Analysis & AI-Driven Insights

• Analyze market, portfolio, and security-level data to identify risks and opportunities
• Leverage AI tools and quantitative methods to improve forecasting, screening, and reporting
• Develop and maintain dashboards, models, and automated reporting processes
• Translate complex data into actionable insights for investment decisions

Research

• Conduct fundamental and relative value research across fixed income sectors
• Evaluate credit quality, macroeconomic trends, and market dynamics
• Produce written research reports and support ongoing investment themes
• Stay current on industry developments and emerging investment tools

Reporting & Business Support

• Produce recurring and ad hoc portfolio reports for internal and client use
• Support client services and prepare presentation materials
• Assist in maintaining data integrity and investment systems
• Collaborate with internal teams to improve workflows and processes

This position can be filled as Research Analyst I or II depending on the candidate's experience

Bachelor's Degree and 2 years of experience in Direct credit/bond research in a total return environment OR High School Diploma or GED and 6 years of experience in Direct credit/bond research in a total return environment

Preferred Skills:

• Experience in fixed income, trading, portfolio management, or investment research
• Exposure to fixed income instruments (corporates, governments, structured products, etc.)
• Experience with data analysis tools (Excel, Python, SQL, or similar)
• Familiarity or interest in AI/automation tools applied to investment workflows. Experience with Bloomberg a plus
• Interest in, or progress toward a CFA designation, preferred

The base pay for this position in Massachusetts is generally between $90,000 and $120,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

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