Fixed Income Associate

Chevy Chase Trust is a privately owned investment think tank offering independent and highly personalized financial advice and planning for individuals, families, and institutions. Located just outside of Washington D.C., the firm specializes in unique thematic investment research and asset management. Chevy Chase Trust offers clients direct access to decision-makers and is built to put clients and client success over everything else. From thematic investment management to estate and financial planning, we show our commitment to inventive thinking and client service.

 

Our global, macroeconomic outlook means we do much more than observe and follow trends. Instead, we seek out ideas. It takes more than one kind of person to contribute to this culture. It takes all kinds of people thinking in unconventional ways—with a singular focus.

Conduct in-depth fundamental credit analysis on municipal and corporate bond issuers across sectors

Maintain comprehensive understanding of fixed income markets, including macroeconomics and fundamental and technical factors

Evaluate relative value across the curve, capital structure, and peer group to generate actionable trade ideas for portfolio managers and traders

Build and maintain financial models and credit opinions in support of investment recommendations

Publish clear, concise investment recommendations on new issues and secondary market opportunities in addition to existing holdings

Support traders and portfolio managers in trade execution and allocations

Contribute to client meetings and fixed income commentary by articulating market insights with clarity and professionalism

• Prior experience as a credit analyst, preferably within the municipal market
• Strong analytical and quantitative skills, including experience with modeling and financial statement analysis
• Ability to synthesize complex information into concise written and verbal
• Strong attention to detail, sound judgment, and the ability to work both independently and collaboratively
• Knowledge of excel, Bloomberg, FactSet, and Charles River

Bachelor’s degree in finance, accounting, or economics

3-8 years of experience in fixed income credit research or similar role on the buy-side or sell-side

CFA candidate, CFA charter holder, and/or MBA preferred.

This position description is intended to describe the general content of and requirements for performance of the position responsibilities. It is not to be construed as an exhaustive statement of essential functions, responsibilities or requirements nor meant to exclude other duties as assigned.