1

Fixed Income Associate Jobs in New York (NOW HIRING)

Responsibilities Position Purpose The Fixed Income Sales Associate supports senior sales professionals in originating, developing, and maintaining institutional client relationships across the fixed ...

Position Purpose The Fixed Income Sales Associate supports senior sales professionals in originating, developing, and maintaining institutional client relationships across the fixed income product ...

next page

Showing results 1-20

Fixed Income Associate information

See New York salary details

$8

$17

$31

How much do fixed income associate jobs pay per hour?

As of Jul 11, 2026, the average hourly pay for fixed income associate in New York is $17.66, according to ZipRecruiter salary data. Most workers in this role earn between $14.71 and $18.94 per hour, depending on experience, location, and employer.

What jobs make $1,000,000 a year?

Fixed Income Associates typically do not earn $1,000,000 annually; such high compensation levels are usually found in senior roles like hedge fund managers, private equity partners, or investment bankers at the highest levels, often involving significant bonuses, profit sharing, or ownership stakes. These roles require extensive experience, strong performance, and advanced financial skills, often complemented by advanced degrees and certifications such as the CFA or MBA.

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 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 professions make $500,000 a year?

Fixed Income Associates in finance can earn $500,000 or more annually, especially with bonuses and experience. High-paying roles in investment banking, private equity, hedge funds, and senior executive positions also reach or exceed this level, often requiring advanced skills, certifications, and long hours.

What is a fixed income job?

A fixed income associate is a finance professional who specializes in managing and analyzing debt securities such as bonds and other fixed income instruments. They evaluate credit risk, market conditions, and interest rate trends to support investment decisions and portfolio management. Strong analytical skills and knowledge of financial markets are essential for this role.

How hard is it to get an IB job?

Securing a Fixed Income Associate position in investment banking is competitive and typically requires strong academic credentials, relevant internship experience, and technical skills such as financial modeling. Candidates often face a rigorous interview process that assesses their analytical ability, industry knowledge, and fit for the team.

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 are the most commonly searched types of Fixed Income jobs in New York? The most popular types of Fixed Income jobs in New York are:
What are popular job titles related to Fixed Income Associate jobs in New York? For Fixed Income Associate jobs in New York, the most frequently searched job titles are:
What job categories do people searching Fixed Income Associate jobs in New York look for? The top searched job categories for Fixed Income Associate jobs in New York are:
What cities in New York are hiring for Fixed Income Associate jobs? Cities in New York with the most Fixed Income Associate job openings:
Quantitative Desk Strategist - Fixed Income - Associate

Quantitative Desk Strategist - Fixed Income - Associate

Morgan Stanley

New York, NY • On-site

$150K - $200K/yr

Full-time

Re-posted 13 days ago


Morgan Stanley rating

8.3

Company rating: 8.3 out of 10

Based on 152 frontline employees who took The Breakroom Quiz

40th of 148 rated financial services


Job description

We are looking for a Quantitative Desk Strategist who combines strong quantitative modeling skills, fixed income derivatives knowledge, and hands-on software development experience.
This role sits within the Strats organization and works closely with the trading desk. The focus is on developing analytics for complex fixed income products and building real-time risk systems that support daily trading decisions. It is a hands-on role that requires close collaboration with traders and strategists to solve practical trading problems.
The ideal candidate can understand market risk, derivative pricing, and trading workflows, then translate those needs into practical models, scalable system design, and production-quality code. This role requires someone comfortable working across models, data, infrastructure, and user workflows, while keeping the desk's real-time needs front and center.
The ideal candidate can communicate clearly with both technical and non-technical audiences.
You will questions such as:
  • How should we model, price, and risk-manage products such as Total Return Swaps, Tender Option Bond Trusts, bond options, interest rate swaps, and rates forwards?
  • How can we measure and explain risk across positions, products, curves, scenarios, as market moves in real time?
  • How do we build systems that are reliable, fast, and intuitive enough for traders to use during the trading day?
  • How can complex derivative analytics be turned into tools that improve trading decisions?
  • How do we design systems that are scalable, maintainable, and resilient under market pressure?

Responsibilities
  • Develop quantitative models and analytics for pricing, risk, inventory, market impact, and trading performance.
  • Build reliable tools and workflows used directly by traders and strategists.
  • Analyze large, noisy, real-time datasets to identify patterns, risks, and opportunities.
  • Explain model results, assumptions, limitations, and trade-offs to both technical and non-technical audiences.
  • Partner closely with traders to improve decision-making across bonds, futures, ETFs, derivatives, and related products.
  • Investigate P&L drivers and distinguish repeatable edge from temporary market conditions.
  • Contribute to scalable systems that connect trading decisions across instruments, products, and regions.

What We Are Looking For
  • Master's or Ph.D. in Mathematics, Physics, Engineering, Operations Research, Computer Science, Statistics, or similar quantitative fields.
  • Strong coding skills; willingness to learn Scala quickly is required. Prior Scala or Python experience is a strong plus.
  • Solid foundation in probability, statistics, numerical methods, and data modeling.
  • Ability to communicate complex ideas clearly using data, mathematics, and practical examples.
  • Curiosity about markets and willingness to learn bonds, ETFs, futures, and derivatives quickly.
  • Comfort having your ideas challenged and challenging others constructively.
  • Strong ownership, practical judgment, and attention to detail.
  • A genuinely good sense of humor.

Nice to Have
  • AI-assisted coding experience.
  • Experience with kdb/q or other high-performance time-series databases.
  • Experience with Java, C++, or distributed systems.
  • Familiarity with machine learning techniques such as logistic regression, random forests, clustering, or classification models.
  • Prior exposure to fixed income, electronic trading, market microstructure, or risk management.
  • Experience building large-scale, transaction-processing, or real-time decision systems.

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 $150,000 - $200,000 per year for Associate at the commencement of employment. 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.

What Morgan Stanley employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom