Fixed Income Quantitative Analyst

Victory Capital Management; Boston (MA); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Medical and dental plans

Flexible PTO

Tuition reimbursement

401(k) with employer match

Job summary

Pioneer Investments, a diversified asset management firm and a key franchise of Victory Capital Management, is seeking a Credit Research Analyst to join our Corporate Credit Research team. This role builds quantitative models across credit and securitized markets to support portfolio construction, risk evaluation, and trading decisions.

You will develop and maintain Python-based models, support AI applications, and present research results to investment professionals.

Qualifications

• Bachelor's degree in a quantitative field; master’s preferred.
• 2–4 years of experience in fixed income research, credit research, or portfolio analytics.
• Strong programming skills in Python and SQL; experience with AI tools for coding and research.

Responsibilities

• Conduct quantitative credit research and relative value analysis across corporate and securitized sectors.
• Support securitized product analytics, including prepayment behavior and cash flow modeling for Agency MBS.
• Develop and maintain quantitative risk and valuation models in Python for fixed income trading and portfolio management.
• Explore and build proprietary AI applications to support the fixed income investment process.
• Collaborate with portfolio managers and senior analysts on model portfolios and asset allocation; evaluate risk and optimization.
• Support sustainable investment measurement for client mandates.
• Present research results using data visualization tools and maintain databases used by the research group.

Skills

Python

SQL

AI

Data visualization

Education

Bachelor's degree in quantitative field

Master’s degree preferred

Tools

AI tools

Job description

Pioneer Investments is a diversified asset management firm and a key franchise of Victory Capital Management (VCTR). Founded in 1928, Pioneer currently manages over $125 billion in assets across a wide range of strategies. We are seeking a Credit Research Analyst to join our Corporate Credit Research team.

About Victory Capital:

Victory Capital is a diversified global asset management firm and employs a next-generation business strategy that combines boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.

Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 12 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan and brokerage services.

Victory Capital is headquartered in San Antonio, Texas, with offices and investment professionals in the U.S. and around the world. To learn more please visit www.vcm.com or follow Victory Capital on Facebook , Twitter , and LinkedIn .

General Summary and Purpose:

The Fixed Income Quant Analyst builds and maintains quantitative models across credit and securitized markets to support portfolio construction, risk evaluation, and trading decisions for Portfolio Managers and Traders. This role combines rigorous fixed income analytics with proprietary AI applications that advance the team's research and investment tools. The analyst also collaborates closely with senior research analysts to translate quantitative findings into clear insights for investment professionals and clients.

You Will:

• Conduct quantitative credit research, portfolio construction, and relative value analysis across corporate and securitized sectors.
• Support securitized product analytics, including prepayment behavior, servicer analysis, and cash flow modeling for Agency MBS.
• Develop and maintain quantitative risk and valuation models in Python used in the trading and portfolio management of fixed income instruments.
• Explore and build proprietary AI applications to support the fixed income investment process.
• Partner with portfolio managers and senior research analysts on model portfolios and asset allocation, and evaluate portfolio risk, construction, and optimization.
• Support sustainable investment measurement for client mandates.
• Present research results using data visualization tools and maintain the databases used by the research group.

You Have:

• Bachelor's degree in quantitative field required (master’s preferred), such as quantitative finance, financial engineering, business analytics, statistics, mathematics, or economics.
• 2–4 years of experience in fixed income research, credit research, or portfolio analytics.
• Strong programming skills in Python and SQL. Experience with AI
• Fluent use of AI tools for coding, research, and internal tool development.
• Working knowledge of credit analysis, MBS research and fixed income mathematics.
• Ability to communicate quantitative results clearly to investment professionals and clients.

Victory Capital Management offers excellent Medical, Dental, Vision plans, Flexible PTO, Family Medical and Disability Leaves, Education Tuition Reimbursement and a 401k plan with a generous employer match.

Target Compensation:

The target base salary range for this position is 80k-110k

Salaries are determined based on internal equity, internal salary ranges, market data/ranges, applicant’s skills and prior relevant experience, certain degrees, and certifications.

Victory Capital Management operates a pay-for-performance compensation philosophy and total compensation may vary based on role, location, department and individual performance.

Victory Capital Management’s total compensation package includes the opportunity for annual compensation bonuses and/or commissions and a generous benefits package.

We are committed to equal employment opportunity without regard to actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, pregnancy-related conditions, and lactation), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, height, weight, hair texture or a hairstyle historically associated with race to include braids, locks, or twists; or any other characteristic protected by applicable federal, state, or local laws and ordinances.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.