Fixed Income Market Analyst

Thndr; Cairo (GA); On-site; USD 70,000 - 110,000; Full time

Job summary

Thndr is seeking a Fixed Income Associate to support the Asset Management team with research and investment decisions. You’ll analyze fixed income and money market instruments, track market movements, and model yield curves and risk.

You’ll work closely with the Head of Fixed Income, portfolio managers, and traders to turn data into actionable insights. Your role involves reviewing issuers, monitoring liquidity, and presenting findings in team discussions and investment committees to help drive

Qualifications

• 1–4 years of experience in fixed income, money markets, or a related financial analysis role.
• A bachelor’s degree in Finance, Economics, Accounting, or a related field.
• A good understanding of fixed income instruments and money markets.
• Strong financial analysis skills, including the ability to review financial statements and assess credit risk.
• Understanding of fixed income valuation and modelling, particularly yield curves, duration, and convexity.
• An interest in macroeconomic developments and how they affect interest rates and bond markets.
• Strong analytical skills and attention to detail when working with financial data.
• Good written and verbal communication skills, with the ability to explain findings clearly.
• The ability to work closely with different stakeholders and manage multiple tasks.

Responsibilities

• Follow developments in fixed income and money markets, including Treasury Bills, Treasury Bonds, Corporate Bonds, Sukuk, and Eurobonds.
• Research economic indicators, interest rates, inflation, and monetary policy, and assess how they affect the market.
• Review companies’ financial statements to understand their financial position and assess their creditworthiness.
• Build and update financial models to analyse yield curves, duration, convexity, and the relative value of different instruments.
• Track daily yields, prices, auction results, and other market developments, sharing relevant updates with the team.
• Prepare regular market updates covering yield movements, auctions, and key economic developments.
• Support portfolio managers and traders with research ahead of auctions, new issuances, and investment decisions.
• Monitor portfolio liquidity, upcoming maturities, and cash flow requirements across managed mandates.
• Present your findings and investment views during team discussions and investment committee meetings.
• Keep research files, financial models, and market databases accurate and up to date.
• Build relationships with issuers, banks, brokers, rating agencies, and other market participants.
• Follow internal policies and procedures, ensuring research activities comply with applicable FRA guidelines.
• Work on ad hoc analysis and research requests from the Fixed Income team.

Skills

Fixed income

Financial analysis

Credit risk assessment

Macroeconomics

Data analysis

Egyptian fixed income market

Education

Bachelor’s degree in Finance, Economics, Accounting, or related field

Tools

Bloomberg

Refinitiv Eikon

Excel

Python

Power BI

Job description

Thndr is seeking a Fixed Income Associate to support the Asset Management team with research and investment decisions. You’ll analyze fixed income and money market instruments, track market movements, and model yield curves and risk.

You’ll work closely with the Head of Fixed Income, portfolio managers, and traders to turn data into actionable insights. Your role involves reviewing issuers, monitoring liquidity, and presenting findings in team discussions and investment committees to help drive