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Fixed Income Associate Jobs in New Mexico (NOW HIRING)

Fixed Income Associate information

See New Mexico salary details

$7

$15

$28

How much do fixed income associate jobs pay per hour?

As of Sep 11, 2026, the average hourly pay for fixed income associate in New Mexico is $15.65, according to ZipRecruiter salary data. Most workers in this role earn between $13.03 and $16.78 per hour, depending on experience, location, and employer.

What does a Fixed Income Associate do?

A Fixed Income Associate is responsible for supporting the management, analysis, and trading of fixed income securities such as bonds and other debt instruments. They assist portfolio managers and traders by conducting market research, analyzing credit risk, managing data, and preparing reports on market trends and investment strategies. Their role is crucial in ensuring effective investment decisions and maintaining compliance with regulatory requirements. Fixed Income Associates often work for investment banks, asset management firms, or other financial institutions.

What are the key skills and qualifications needed to thrive as a Fixed Income Associate, and why are they important?

To thrive as a Fixed Income Associate, you need strong analytical skills, a solid understanding of financial markets and securities, and typically a degree in finance, economics, or a related field. Familiarity with Bloomberg Terminal, Excel modeling, and relevant certifications such as CFA Level I or II are commonly required. Attention to detail, effective communication, and the ability to work under pressure help candidates excel in this role. These competencies are essential for accurately assessing risk, supporting investment decisions, and maintaining efficient trading and portfolio management processes.

What are some common challenges Fixed Income Associates face when analyzing market trends, and how can they address them?

Fixed Income Associates often encounter the challenge of interpreting complex and rapidly changing market data, especially during periods of economic uncertainty. Staying updated with macroeconomic indicators, interest rate movements, and credit risk developments is crucial. Collaborating closely with senior analysts and portfolio managers helps in gaining different perspectives and refining analytical approaches. Utilizing advanced analytics tools and maintaining strong communication within the team can help address these challenges and improve investment recommendations.

What is the difference between Fixed Income Associate vs Equity Research Associate?

AspectFixed Income AssociateEquity Research Associate
Required CredentialsBachelor's degree, often CFA Level I or IIBachelor's degree, often CFA Level I or II
Work EnvironmentBond markets, fixed income securities, investment banks, asset managersStock markets, equity securities, investment banks, asset managers
Employer & Industry UsageFinancial institutions focusing on bonds and debt instrumentsResearch firms, investment banks analyzing stocks
Common Search & ComparisonYesYes

The main difference between a Fixed Income Associate and an Equity Research Associate lies in the securities they analyze and their work focus. Fixed Income Associates specialize in bonds and debt instruments, working primarily in bond markets and related financial institutions. Equity Research Associates focus on stocks and equity securities, analyzing companies' stock performance. Both roles require similar educational backgrounds and certifications, but their industry focus and daily tasks differ significantly.

What job categories do people searching Fixed Income Associate jobs in New Mexico look for?

The top searched job categories for Fixed Income Associate jobs in New Mexico are:

What cities in New Mexico are hiring for Fixed Income Associate jobs?

Cities in New Mexico with the most Fixed Income Associate job openings:

Infographic showing various Fixed Income Associate job openings in New Mexico as of September 2026, with employment types broken down into 1% As Needed, 70% Full Time, 25% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $32,545 per year, or $15.6 per hour.

Fixed Income Division - Associate/Vice President, Commodities Document Negotiator (New York)

Albuquerque, NM • On-site

Morgan Stanley
Finance and Insurance • 10K+ employees

Full-time

Posted 13 days ago


Key responsibilities

  • Review, negotiate, and draft master agreements and ancillary documents related to commodities trading, including ISDA schedules, annexes, NAESBs, EEIs, credit support annexes, and bespoke physical master agreements.

  • Liaise with internal teams such as Credit, Risk, Legal, Sales, Operations, and Tax to ensure agreements include appropriate terms for the protection of Morgan Stanley and compliance with policies and regulations.

  • Communicate with clients regarding Morgan Stanley's position in master agreements and keep work records up to date.


Morgan Stanley rating

8.3

Company rating: 8.3 out of 10

Based on 158 frontline employees who took The Breakroom Quiz


Job description

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success.

Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile: The Fixed Income Division ("FID") sits within the Institutional Securities Group ("ISG") and is comprised of Interest Rate and Currency Products, Credit Products, Commodities, Repo, and TBAs and Distribution. Professionals in FID assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument including stocks, bonds, derivatives, foreign exchange, and commodities.

Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions. Team Profile: The Institutional Securities Documentation team sits within FID's Business Control Unit ("BCU") and is a first line team comprised of Non-Market Risk (Operational Risk), Counterparty Risk, Conduct Risk and Contract Negotiations.

The Institutional Securities Documentation Team covers the contract negotiation function for trading agreements for FID. We are looking for an individual in the documentation unit supporting the Commodities desks with negotiations of physical and financial master agreements and ancillary documents. As a member of the documentation unit, the team member will review and negotiate ISDA schedules, various ISDA annexes, NAESBs, EEIs, credit support annexes, bespoke physical master agreements, guaranties and ancillary documents.

The candidate will work closely with business professionals across the firm, as well as with external counsel and clients. The primary objective will be to execute master agreements in an effective and efficient manor. RESPONSIBILITIES AND QUALIFICATIONS Responsibilities include: The timely, consistent and effective negotiation, review, and drafting of master agreements (using both English and New York law) upon request from the Business Unit to help facilitate their business.

Liaise with Credit, Risk, Legal, Sales, Operations, Tax and other internal groups to ensure that the appropriate terms are included in all agreements for the effective protection of Morgan Stanley in line with applicable policies, procedures, and regulations. Converse with clients regarding Morgan Stanley's position in master agreements Keeping work in progress records up to date. Keeping informed of business and regulatory developments as they impact on the way in which the business operates Qualifications: JD preferred Experience in reviewing, drafting and negotiating the ISDA Master Agreement and other trading documentation preferred College degree required Must have excellent verbal and written skills Strong analytical and organizational skills Excellent interpersonal and communication skills; the ability to clearly articulate ideas and forge strong relationships internally and with external clients Highly motivated and adaptable; the ability to work on a team of diverse individuals Must be mature and professional Must be proactive and have the ability to work independently and to perform consistently and respond creatively in a high volume fast paced and changing environment Accurate and detail-oriented with sound judgment and integrity WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals.

We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered.

Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between $100,000 and $150,000 per year for Associate at the commencement of employment and between $140,000 and $250,000 for Vice President. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.


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About Morgan Stanley

Sourced by ZipRecruiter

Since our founding in 1935, Morgan Stanley has been committed to serving local and global communities by being a market leader in Investment Banking, Securities, Investment Management and Wealth Management services. Our belief that capital can work to benefit all of society inspires us to put our clients first, lead with exceptional ideas, hold our business to high ethical standards, and give back to communities around the world through philanthropy and public works. We have a smart casual dress code and operate under a philosophy that balances work with your personal life. Our people's talent, passion, and expertise is the fuel on which our organization runs, therefore, our people are our greatest asset. Diversity and inclusiveness is a critical component for our success and it is our priority to continue building a firm that values the unique background and identity of every one of our employees, thus enabling our people to bring their full, and best selves to work each day. Teamwork is the essence of our approach, and so are the values of integrity, excellence, and enabling our people to achieve at the highest levels. We invite you to learn more about our commitment to diversity and serving our community.

Industry

Finance and insurance and software development

Company size

10,000+ Employees

Headquarters location

New York, NY, US