Fixed Income Analyst Salary
Fixed Income Analysts in the United States can expect wages of $64K annually on average. Total cash earnings of Fixed Income Analysts range from $39K on the low end to $206K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $78K and $15K, respectively. Experience level is the biggest factor affecting pay for this group, followed by geography. Making up 76 percent of those who took the survey, male Fixed Income Analysts greatly outnumber their female counterparts. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. For the most part, people in this position report moderate levels of job satisfaction. This report is based on responses to the PayScale salary survey.
|Salary||$39,904 - $172,194|
|Bonus||$1,030 - $77,566|
|Profit Sharing||$-0.50 - $14,544|
|Total Pay (||$39,440 - $205,780|
Job Description for Fixed Income Analyst
Fixed income analysts work in the investment services industry to monitor the success of fixed-income investment instruments, such as bonds, derivatives, credit instruments, and other related investment opportunities. They also advise both traders and investors of their findings to help them determine the best investment decisions. Their clients may range from banks, brokers, and other investment industry entities to individual customers.Read More...
These analysts must evaluate and make sense of financial information, particularly related to fixed-income securities, to help their clients make the best decisions. They then organize, compile, and interpret this information and provide further explanation and guidance to suit clients' needs and expectations.
Fixed income analysts must have expert-level understanding of finance and fixed-income markets and stay up-to-date with changes and fluctuations in value as they occur. Knowledge of legal and regulatory issues and strong organizational and communication skills are also important in this position to help clients understand the compiled information and apply it effectively.
A bachelor’s degree in finance, economics, business, or a related field is generally required for this position, and some analysts may need ongoing education in fixed-income trading and analysis, such as for new products, trends in finance instruments, market changes, clients' needs, or regulatory information. Some employers may require a master's degree, and they must also be licensed according to federal requirements and their state of employment.
Fixed Income Analyst Tasks
- Prepare presentations for conferences, workshops, and client meetings.
- Collect and analyze data, research information
- Design, define, and develop custom modules, features, and package integration from proposal to product.
Pay by Experience Level for Fixed Income Analyst
Pay by Experience for a Fixed Income Analyst has a positive trend. An entry-level Fixed Income Analyst with less than 5 years of experience can expect to earn an average total compensation of $62,000 based on 42 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Fixed Income Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $96,000 based on 15 salaries. An experienced Fixed Income Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $220,000 based on 7 salaries. A Fixed Income Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $210,000 based on 7 salaries.
Pay Difference by Location
For Fixed Income Analysts, busy Chicago offers a higher-than-average pay rate, 133 percent above the national average. Fixed Income Analysts will also find cushy salaries in New York (+36 percent). The lowest-paying market is Boston, which sits 14 percent below the national average.
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Key Stats for Fixed Income Analyst
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