Fixed Income Analyst Salary
Median pay for Fixed Income Analysts in the United States is around $66K per year. In the world of Fixed Income Analysts, overall cash allowance can occasionally include more than $71K from bonuses and, in some exceptional cases, $15K from profit sharing, causing incomes to vary widely between $45K and $207K. Career length and the particular city each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to almost all, and a fair number earn dental coverage. Though the majority of Fixed Income Analysts do not report high levels of job satisfaction, most are moderately content with their role. This report is based on answers to PayScale's salary questionnaire.
|Salary||$40,524 - $174,625|
|Bonus||$2,966 - $70,791|
|Profit Sharing||$-0.50 - $14,681|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$45,358 - $207,128|
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.
Fixed Income Analyst Job Listings
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
Fixed Income Analysts will find that Chicago offers an impressive pay rate, one which exceeds the national average by 119 percent. Fixed Income Analysts will also find cushy salaries in New York (+28 percent). Those in the field find the lowest salaries in Boston, 19 percent below the national average.
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Key Stats for Fixed Income Analyst
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