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Emerging Market Debt Jobs (NOW HIRING)

GMO's Emerging Debt Team is a focused team that manages $9.5 billion in dedicated EMD AUM for a ... emerging market currencies and local interest rate markets. · Responding to client requests for ...

Emerging Country Debt Analyst

Boston, MA · On-site

$175K - $225K/yr

GMO's Emerging Debt Team is a focused team that manages $9.5 billion in dedicated EMD AUM for a ... market currencies and local interest rate markets. • Responding to client requests for ...

GMO's Emerging Debt Team is a focused team that manages $9.5 billion in dedicated EMD AUM for a ... Assisting in analysis of emerging market currencies and local interest rate markets. Responding to ...

Wellington Management's Trading Department employs over 60 traders globally, including more than 20 Macro Traders focused on Global Rates, FX, Emerging Market Debt and Repo. Our investment and ...

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Emerging Market Debt information

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$41

$163

$192

How much do emerging market debt jobs pay per hour?

As of Jun 11, 2026, the average hourly pay for emerging market debt in the United States is $163.22, according to ZipRecruiter salary data. Most workers in this role earn between $192.31 and $192.31 per hour, depending on experience, location, and employer.

What is the difference between Emerging Market Debt vs Fixed Income Analyst?

AspectEmerging Market DebtFixed Income Analyst
Required CredentialsBachelor's in Finance/Economics, CFA preferredBachelor's in Finance/Economics, CFA often preferred
Work EnvironmentInvestment firms, asset managers, banksInvestment firms, asset managers, banks
Industry UsageFocus on debt issued by emerging marketsAnalyze various fixed income securities, including government and corporate bonds
Comparison IntentSpecialized in emerging markets debt instrumentsBroader fixed income securities analysis

Emerging Market Debt professionals specialize in analyzing debt issued by developing countries, focusing on risk and return in emerging markets. Fixed Income Analysts have a broader scope, covering various debt securities across markets. While both roles require similar credentials and work environments, their focus areas differ significantly, making them distinct career paths within the finance industry.

What are some common challenges faced by professionals working in Emerging Market Debt, and how can they be managed?

Professionals in Emerging Market Debt often navigate challenges such as heightened market volatility, currency fluctuations, and political or economic instability in issuing countries. Staying informed about macroeconomic developments and geopolitical events is crucial, as these can significantly impact bond values and risk profiles. Effective risk management, collaboration with research analysts, and leveraging diverse data sources can help mitigate these challenges. Additionally, strong communication skills are essential, as the role often involves coordinating with portfolio managers, economists, and traders to make well-informed investment decisions.

What is Emerging Market Debt?

Emerging Market Debt refers to bonds and other debt securities issued by countries with developing economies, as well as corporations within those countries. These investments typically offer higher yields compared to debt from developed markets, but they also come with greater risks, such as political instability, currency fluctuations, and lower credit ratings. Investors in Emerging Market Debt need to carefully assess these factors and may gain exposure through mutual funds, ETFs, or direct investments. The asset class can play a role in portfolio diversification and may provide attractive returns in certain market environments.

What are the key skills and qualifications needed to thrive as an Emerging Market Debt Analyst, and why are they important?

Strong analytical skills, financial modeling, and a solid understanding of macroeconomics and international finance are essential, typically backed by a degree in finance, economics, or a related field. Familiarity with Bloomberg Terminal, Excel, and risk assessment tools, along with certifications such as CFA, is highly valued. Excellent communication, adaptability, and cultural awareness set top performers apart when interpreting data and engaging with diverse stakeholders. These abilities are crucial for making informed investment decisions and managing risk in the complex, rapidly changing landscape of emerging markets.
More about Emerging Market Debt jobs
What cities are hiring for Emerging Market Debt jobs? Cities with the most Emerging Market Debt job openings:
What states have the most Emerging Market Debt jobs? States with the most job openings for Emerging Market Debt jobs include:
Infographic showing various Emerging Market Debt job openings in the United States as of June 2026, with employment types broken down into 95% Full Time, 1% Part Time, and 4% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $339,500 per year, or $163.2 per hour.

Senior Investment Analyst-Global Income Strategies

Trsil

Springfield, IL • On-site

$84K - $105K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 4 days ago


Job description

It is inspiring to work in an organization where individuals are deeply committed to the mission and values that drive our success.
We are dedicated to delivering expert pension service to Illinois public educators as they earn their promised retirement security.

Mission Statement:
Delivering expert pension service to Illinois public Educators as they earn their promised retirement security.
The Investments Team:
The Investments team at TRS plays a critical role in advancing the System's mission by managing and monitoring more than $83.7 billion in assets in a highly specialized, performance-driven environment.
Comprised of more than 30 investment professionals and continuing to grow, the team is responsible for evaluating and selecting external investment managers across the portfolio. Investments span a broad range of strategies, including public equities, fixed income, real assets, hedge funds, and private markets. The team's investment process is rigorous and highly analytical, grounded in deep qualitative and quantitative due diligence. Investment professionals engage directly with existing and prospective managers to assess performance, risk, and portfolio fit. The Investments team operates with high expectations for talent, accountability, and collaboration, where the strength of the team directly drives long-term outcomes for the System and its members.
Job Summary:
Under the direction of an Investment Officer or Senior Investment Officer, the Senior Investment Analyst assists in coordinating and monitoring the investments within the Teachers' Retirement System Global Income Strategies portfolio. The Senior Investment Analyst is responsible primarily for supporting Senior Staff in portfolio management with a specific focus on areas such as Public Debt (low duration, core and core plus fixed income, and emerging market debt) and/or Strategic Credit (global multi-sector credit and private credit) investments. Public debt includes rates, currencies, structured securities (CMBS, RMBS, ABS), bonds, and EMD. Private credit includes corporate direct lending, special situations, structured products, specialty finance/asset-backed finance, real estate debt, and real asset debt (infrastructure, transportation, energy/renewables). Helpful experiences may include fundamental credit analysis, fixed income trading, manager research and due diligence, private deal structuring, portfolio management, data analytics, and/or fund administration/operations.
This position requires a working knowledge of general investment theory. The incumbent must be able to work effectively with Investments staff, conduct thorough analysis and due diligence, and produce quantifiable recommendations supported by this research. This position requires the incumbent to perform research to validate or invalidate hypotheses that relate to the performance of the fund. The incumbent must be able to function effectively in stressful situations and possess a high degree of skill in both oral and written communications.

Essential Functions:

  • Research the investment performance and portfolio characteristics of existing and prospective investment management relationships and asset class structures.
  • Evaluate performance and portfolio characteristics to assure compliance with the directives of the trustees regarding investment objectives and constraints.
  • Assist Investments staff in preparing analyses, evaluations, and proposals for investments in new potential investment managers and structures.
  • Evaluate the qualifications of prospective investment management relationships in accordance with investment policy, asset allocation directives and mix, diversification strategies and guidelines controlling risk/return characteristics for the Global Income Strategies portfolio.
  • Prepare and/or support the preparation of statistical and narrative reports regarding the investment portfolios within the Public Debt and/or Private Credit asset class, market factors, alternative investment prospects, and investment industry practices.
  • Manage many of the operational functions of the existing TRS Global Income Strategies portfolio.
  • Research investment approaches, asset mixes, and portfolio management techniques to provide for potential incremental return to TRS's individual assets and at the total fund level.
  • Interact at the highest level with external managers and entities in direct management of the relationship.
  • Assist Emerging Manager program staff, as necessary, in preparing analyses, due diligence, evaluations and proposals for administering emerging manager investment activity
  • Manage the potential investment manager search process by certifying that all proper search related milestones are followed, that all contractual agreements are in place, and that all funding directives occur.
  • Create reports assessing the public debt and/or private credit industry, measuring growth and performance statistics, new product offerings, mandate structures not currently utilized and general informational topics.
  • Assist the TRS investment accounting and custodian with all steps related to initial investment manager account set-up and ongoing performance calculations, fee assessments, and other related projects.
  • Pursue continuing educational opportunities as available.
  • Perform other duties as assigned or required.

Knowledge/Skills/Abilities

  • Ability to analyze and interpret data
  • Demonstrated time management and priority setting skills
  • Demonstrated written and verbal communication skills
  • Demonstrates excellent judgement and decision-making skills
  • Proactively approaches responsibilities

Minimum Requirements:

  • Minimum 3 years of relevant investment experience
  • A bachelor's degree in finance, economics, accounting or business administration, or quantitative fields such as statistics, mathematics, or engineering, is required
  • Upon employment, credible progress toward earning the CFA charter is encouraged

If you thrive in a dynamic environment and enjoy collaborating with driven, enthusiastic professionals, you will find a rewarding career with us.

For Illinois job seekers:


Pay Range

$98,438.43 - $153,564.00

Compensation will be determined based on the qualifications and experience of each candidate.
Benefits
TRS is an agency of the State of Illinois. As such, full and part-time employees are eligible for the State of Illinois comprehensive benefits program which includes medical, dental and vision coverage. All employees participate in the TRS retirement pension plan and have the option to contribute to additional State of Illinois deferred compensation plans. The TRS pension plan is a reciprocal system to other state and local pension plans (SERS, SURS, IMRF, etc.)