Associate Director, Fixed Income and Currency (Global Credit)

7 Months ago • 5 Years +

Job Summary

Job Description

Morningstar seeks an experienced researcher with 5+ years in fixed income and currency research. You'll analyze credit risk, market trends, and economic factors impacting global credit investments. Strong quantitative skills and proficiency in financial software are essential.
Must have:
  • Fixed Income Research
  • Currency Research
  • Macroeconomic Analysis
  • Financial Software
Good to have:
  • Credit Asset Classes
  • Monetary Policy
  • Scenario Analysis
  • EM Sovereign Bonds
Perks:
  • Hybrid Work
  • Global Collaboration

Job Details

The Group:

Research & Investments creates compelling insights and effective investment solutions to empower investor success. We honor time-tested investment principles and consistently apply robust methodologies to earn and protect trust. We thoughtfully deploy our key asset, our people, to scale and deliver more value to more investors. This diverse group comprises Morningstar’s Equity, Manager, and Multi-Asset Research teams in addition to our Behavioral Insights and Investment Management teams. 

The Role:

The Multi-Asset Research Team requires an experienced researcher to contribute to fixed income and currency research, reporting to the Head of Fixed Income and Currency Research. The role focuses on assessing credit risk, market trends, and economic factors that impact credit investments across different regions and sectors. The ideal candidate will work closely with other researchers, economists, portfolio managers to deliver world class fixed income and currency research that leads to better investment outcomes for clients.

This role is based in our Chicago. We are operating in a hybrid environment, where we are in-office 3 days/week.

Responsibilities:

  • Generate fixed income and currency related capital market research deliverables, including strategic capital market assumptions and shorter-term, valuation-driven fixed income and currency research for global credit asset classes, including investment grade corporate bonds, high yield corporate bonds, hard currency denominated emerging-market sovereign bonds, municipal bonds and other credit sensitive fixed income asset classes.
  • Analyze macroeconomic factors, including interest rates, inflation, and economic growth, that influence credit spreads, valuations, and fundamentals.
  • Provide views on relative attractiveness across global credit asset classes for internal and external clients.
  • Enhance research robustness by producing additional analysis including scenario analysis, back testing, economic regime analysis etc.
  • Evaluate fair value assumptions for credit asset classes based on corporate, municipal and EM sovereign fundamentals and long-term trends.
  • Lead the monthly production process of quantitative outputs from proprietary valuation models for fixed income asset classes and major currencies.
  • Collaborate with economists and capital market assumption team to produce country specific economic research.
  • Contribute to fixed income methodology improvements to sustain Morningstar's research excellence.
  • Present research findings, conviction updates and market insights to internal portfolio management teams and clients.
  • Contribute to external research publications and media engagements with a focus on the outlook for credit assets.

Requirements:

  • 5+ years of research experience in fixed income and currency research gained in a pure research capacity or as part of an investment management team.
  • Deep understanding of global fixed income markets, including government bonds, corporate debt, high-yield, and emerging markets.
  • Prior research experience in covering credit asset classes is preferred.
  • Expertise in macroeconomic analysis, monetary policy, and currency market dynamics.
  • Strong time management skills, with the ability to mentor and develop junior analysts.
  • Proven ability to communicate complex market information in a clear, concise, and actionable manner.
  • Strong quantitative skills and proficiency in relevant financial software and research tools.

 

002_MstarAssocLLC Morningstar Investment Management LLC Legal Entity

Morningstar’s hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. We’ve found that we’re at our best when we’re purposely together on a regular basis, at least three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you’ll have tools and resources to engage meaningfully with your global colleagues.

Similar Jobs

Applike Group - DevOps Engineer

Applike Group

Hamburg, Hamburg, Germany (Hybrid)
2 Years ago
Nexon - Lead Gameplay Engineer

Nexon

El Segundo, California, United States (Hybrid)
2 Weeks ago
Activision - Senior Network Engineer

Activision

Vancouver, British Columbia, Canada (On-Site)
1 Month ago
NVIDIA - Director, Lease Accounting and Portfolio Management

NVIDIA

Santa Clara, California, United States (On-Site)
1 Month ago
CD PROJEKT RED - Lead 3D Character Artist

CD PROJEKT RED

Wrocław, Lower Silesian Voivodeship, Poland (Remote)
1 Month ago
ByteDance - Research Scientist Intern - Quantum Chemistry Intern (ByteDance Research) - 2025 Summer/Fall (PhD)

ByteDance

San Jose, California, United States (On-Site)
6 Months ago
Garena - Strategic Qualitative Researcher

Garena

Casablanca, Casablanca-Settat, Morocco (On-Site)
6 Months ago
QUANTIC DREAM - Chargé.e de Production R&D (H/F/NB)

QUANTIC DREAM

Paris, Île-de-France, France (Hybrid)
6 Months ago
ByteDance - Senior Research Scientist- Foundation Model, Generative AI

ByteDance

Seattle, Washington, United States (On-Site)
6 Months ago
ByteDance - Immersive Video Research Intern (Multimedia Streaming) 2023 Summer/Fall (BS)

ByteDance

San Diego, California, United States (On-Site)
6 Months ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Easy Brain - Product Manager

Easy Brain

Limassol, Limassol, Cyprus (Hybrid)
7 Months ago
Daybreak Game Company LLC - QA Analyst

Daybreak Game Company LLC

San Diego, California, United States (Hybrid)
4 Months ago
G5 Games - Lead Game Creative 2D Artist (Match-3 project)

G5 Games

Tbilisi, Tbilisi, Georgia (Remote)
2 Months ago
Daybreak Game Company LLC - Associate Software Engineer

Daybreak Game Company LLC

San Diego, California, United States (Remote)
2 Weeks ago
Resolver, a Kroll Business - Performance Test Engineer

Resolver, a Kroll Business

Hyderabad, Telangana, India (On-Site)
6 Months ago
ByteDance - Machine Learning Engineer - Machine Learning Infrastructure

ByteDance

San Jose, California, United States (On-Site)
6 Months ago
Next Level Business Services - Salesforce Developer

Next Level Business Services

San Antonio, Texas, United States (On-Site)
6 Months ago
Luxoft - Commodity Project Manager

Luxoft

(On-Site)
5 Months ago
Kolibri Games - DevOps Engineer

Kolibri Games

Berlin, Berlin, Germany (Hybrid)
1 Month ago
InMobiInMobi - Senior Manager - Central Strategy & Operations

InMobiInMobi

Bengaluru, Karnataka, India (On-Site)
1 Week ago

Get notifed when new similar jobs are uploaded

Jobs in Chicago, Illinois, United States

Domo - Business Intelligence Administrator (MajorDomo)

Domo

American Fork, Utah, United States (On-Site)
18 Hours ago
Mashgin - Software Engineer, Backend

Mashgin

Palo Alto, California, United States (Hybrid)
6 Months ago
The Walt Disney Company - Principal Software Engineer

The Walt Disney Company

San Francisco, California, United States (On-Site)
2 Days ago
Google - Program Manager II, Software Engineering Systems, Devices and Services

Google

Mountain View, California, United States (On-Site)
2 Days ago
Scale AI - Content Strategist, Contributor Operations

Scale AI

San Francisco, California, United States (On-Site)
1 Day ago
ByteDance - Senior AI Space Interaction Industrial Designer

ByteDance

San Jose, California, United States (On-Site)
5 Months ago
Google - Semiconductor Equipment Technician, Night Shift

Google

Fremont, California, United States (On-Site)
2 Days ago
Aristocrat Gaming - Service Support Representative

Aristocrat Gaming

Las Vegas, Nevada, United States (On-Site)
1 Week ago
Blind Squirrel Games - Senior Generalist Engineer

Blind Squirrel Games

Austin, Texas, United States (Hybrid)
3 Months ago
Team Liquid - Senior Partnerships Manager, NA

Team Liquid

California, United States (Hybrid)
3 Months ago

Get notifed when new similar jobs are uploaded

Similar Category Jobs

Garena - Strategic Qualitative Researcher

Garena

Casablanca, Casablanca-Settat, Morocco (On-Site)
6 Months ago
ByteDance - Immersive Video Research Intern (Multimedia Streaming) 2023 Summer/Fall (BS)

ByteDance

Seattle, Washington, United States (On-Site)
6 Months ago
ByteDance - Senior Research Scientist- Foundation Model, Generative AI

ByteDance

Seattle, Washington, United States (On-Site)
6 Months ago
QUANTIC DREAM - Chargé.e de Production R&D (H/F/NB)

QUANTIC DREAM

Paris, Île-de-France, France (Hybrid)
6 Months ago
ByteDance - Immersive Video Research Intern (Multimedia Streaming) 2023 Summer/Fall (BS)

ByteDance

San Diego, California, United States (On-Site)
6 Months ago
ByteDance - Research Scientist Intern - Quantum Chemistry Intern (ByteDance Research) - 2025 Summer/Fall (PhD)

ByteDance

San Jose, California, United States (On-Site)
6 Months ago
Netflix - Researcher, Japan

Netflix

Tokyo, Japan (On-Site)
6 Months ago
ByteDance - Immersive Video Research Intern (Multimedia Streaming) 2023 Summer/Fall (BS)

ByteDance

San Jose, California, United States (On-Site)
6 Months ago

Get notifed when new similar jobs are uploaded

About The Company

Chicago, Illinois, United States (Hybrid)

Mumbai, Maharashtra, India (Hybrid)

Mumbai, Maharashtra, India (Hybrid)

Mumbai, Maharashtra, India (Hybrid)

Mumbai, Maharashtra, India (Hybrid)

New York, New York, United States (Hybrid)

Chicago, Illinois, United States (Hybrid)

Chicago, Illinois, United States (Hybrid)

Mumbai, Maharashtra, India (Hybrid)

Mumbai, Maharashtra, India (Hybrid)

View All Jobs

Get notified when new jobs are added by Morning Star

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug