Senior Fixed Income Analyst

Orion Advisor Technology; Lehi (UT); On-site; USD 87,000 - 134,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Disability coverage

401(k) match

Parental leave

Pet benefits

Student loan repayment

Job summary

Orion Advisor Technology seeks a Senior Fixed Income Analyst to conduct in-depth credit research for corporate and municipal issuers and to support portfolio managers in decision-making and strategy development. The role includes trading across client portfolios and mentoring junior analysts, with a focus on delivering high-conviction investment theses.

The position is hybrid, requiring three+ days on-site at an Orion office, with commutable access to local offices in Utah.

Qualifications

• Strong credit analysis and financial modeling experience.
• Expertise in municipal finance and pension obligations.
• Experience with OTC fixed income trading and pricing.
• Ability to mentor analysts and present to portfolio managers.

Responsibilities

• Conduct independent, in-depth research on corporate issuers, including financial analysis and sector assessments.
• Analyze municipal finances, pension obligations, tax-base trends, and debt structures.
• Provide buy/hold/sell recommendations and trade across client portfolios.
• Lead development of credit frameworks, sector outlooks, and issuer lists.
• Summarize research for portfolio managers and advisors with actionable insights.

Job description

About This Job

The Senior Fixed Income Analyst is responsible for conducting in-depth credit research and analysis across corporate and municipal fixed income securities while supporting portfolio manager decision-making across fixed income SMAs. Leveraging advanced experience across corporate, municipal, and structured products markets, this role independently conducts deep fundamental, market, and economic research; develops investment theses; and provides high-conviction recommendations to portfolio managers. These recommendations include issuer-specific guidance and portfolio parameter changes, both of which directly impact day-to-day trading activities across a $2 billion portfolio. The role works directly with financial advisors to support end-client conversations, participates in portfolio positioning and the creation of new strategies, and additionally executes trades across client portfolios with precision, market awareness, and product expertise.

It is anticipated that an incumbent in this role will work as a Hybrid employee, with three (3) or more days each week required on-site at one of the listed office locations.

Candidates should be located within a commutable distance to an office. Internal candidates currently aligned to an Orion office location may be given preference; however, internal candidates with varying work arrangements may be considered based on experience and business needs. Work location is subject to change based on business needs.

Essential Functions of the Job

• Conduct independent, in-depth research on corporate issuers, including financial analysis, sector assessments, and structural evaluation.
• Conduct detailed analysis of state and local municipal government finances, pension obligations, tax-base trends, revenue sources, and debt structures.
• Provide buy/hold/sell recommendations on corporate and municipal issuers.
• Place corporate, treasury, municipal, structured product, and agency trades across client portfolios, ensuring accuracy, compliance alignment, and efficient implementation of portfolio strategy.
• Partner with financial advisors by delivering fixed income market insights, product knowledge, and credit perspectives to support end-client conversations.
• Lead the development and maintenance of municipal and corporate credit frameworks, sector outlooks, and approved issuer lists.
• Monitor municipal and corporate market developments and provide regular credit updates to portfolio managers and advisors.
• Serve as a primary research partner to portfolio managers in portfolio construction and sector allocation decisions.
• Provide recommendations regarding portfolio positioning, duration management, sector weighting, and credit allocation.
• Participate in investment strategy discussions and contribute to strategic portfolio decisions.
• Serve as lead researcher on the buildout of new strategies.
• Mentor and train Fixed Income Analysts on credit research methodologies, municipal and corporate analysis, and fixed income market fundamentals.
• Represent the credit committee in advisor meetings, client reviews, and market update presentations.
• Create fixed income content for internal audiences, advisors, and end clients.
• Identify and implement process improvements that increase research efficiency and scalability.

Skills Needed to Perform the Job

• Advanced credit analysis skills, including financial statement analysis, leverage and coverage ratios, cash flow modeling, and covenant evaluation across corporate issuers.
• Deep expertise in municipal finance, including state and local government budgets, tax-base trends, pension and OPEB liabilities, revenue sources, and general obligation bond structures.
• Strong relative value and structured product analysis skills across corporate, municipal, and structured fixed income sectors.
• Proficiency in portfolio construction principles, including duration management, yield curve positioning, and sector and credit allocation specific to SMAs.
• Sound judgment in OTC fixed income trading, including bond pricing, liquidity assessment, and best‑execution practices.
• Strong proficiency with fixed income analytics platforms, such as Bloomberg, and financial modeling in Excel.
• Strong written and verbal communication skills, with the ability to translate complex credit analysis into clear guidance for portfolio managers, advisors, and clients.
• Demonstrated ability to mentor junior analysts and drive process improvements that scale research efficiency.
• Experience in product development or strategy design.

#LI-AP1

#LI-Onsite

#LI-Hybrid

Recommended Skills:

Board Collaboration, Capital Investment, Client-Centric, Effective Communication, Financial Management, Fixed Income Investments, Innovation, Inspirational Communication, Investment Management, Managed Accounts, Market Liquidity, Organizational Diplomacy, Organizational Vision, Strategic Risk Management, Technical Proficiency, Time Management, Work Collaboratively

Salary Range:

$87,448.00 - $133,873.00

The pay listed in this posting indicates the estimated pay at the time of this posting; however, may vary depending on geographic location, job-related knowledge, skills, and experience. In addition, Orion offers a competitive benefits package which includes health, dental, vision, and disability coverage on day one, 401(k) plan with employer match, paid parental leave, pet benefits including pawternity leave and pet insurance, student loan repayment and more.

About Us

At Orion, we achieve our best work when we support one another, staying personally accountable to each other and the clients we serve. We create a welcoming environment where everyone is respected, valued, and heard. Our commitment to create raving fans ensures we consistently exceed client expectations. Thinking differently is in our DNA—we innovate always, push boundaries, and reject the status quo to deliver transformative outcomes. Together, we support one another and see it through to success, driving our collective achievements and those of our clients.