We are a premier institutional asset manager with a flagship pure fixed income franchise, managing over USD multi-billion in AUM across institutional separate accounts, public bond funds, and liability-driven portfolios. Our platform operates a fully modular investment system spanning Rates, Credits, Cross-Module Allocation, and Fundamental Research Infrastructure. We are now expanding our research team and invite seasoned Fixed Income Researchers with deep analytical rigor and a systematic approach to join us in building best-in-class research frameworks that directly drive portfolio alpha.
Our target researcher does not produce generic market commentary. Instead, you will generate actionable investment signals by identifying macro regime shifts, credit spread dislocations, yield curve mispricings, and cross-asset relative value opportunities. Every data release, policy announcement, and issuer event becomes a research input—delivering continuous, intellectually engaging challenges.
Key Responsibilities
- Rates Research: Track central bank policy, inflation/fiscal indicators, and liquidity cycles. Build proprietary leading indicators for yield curve regime identification and duration positioning.
- Credit Research: Conduct bottom-up issuer fundamental analysis across investment-grade and high-yield universes. Develop internal credit scoring models, OAS decomposition frameworks, and sector rotation signals.
- Cross-Module Research: Generate relative value comparisons between treasury carry and credit excess spread. Provide research-backed recommendations for cross-asset risk budget allocation.
- Research-to-Trade Translation: Convert macro and credit research signals into executable trade ideas with clear entry/exit triggers, position sizing guidance, and risk parameters.
- Tool Development: Build and maintain quantitative research tools—macro databases, credit surveillance dashboards, backtesting engines, and automated spread/curve analytics.
- Post-Trade Attribution: Conduct full return decomposition for rates vs. credit contributions, curve alpha vs. security selection, and refine research frameworks based on outcome feedback loops.
- Collaboration: Work closely with PMs, traders, and quantitative teams to ensure research outputs are practical, timely, and portfolio-constraint aware.
Mandatory Requirements
- 5+ years of buy-side fixed income research experience at top-tier asset management firms, hedge funds, insurance investment departments, or bank proprietary desks.
- Deep mastery of at least two of the three core domains: Rates research, Credit research, or Cross-Asset Relative Value. Basic familiarity with all three is required.
- Advanced quantitative and data analysis skills: proficient in Python/R, Bloomberg, and fixed income analytics platforms (yield curve modeling, spread decomposition, scenario analysis).
- Strong understanding of fixed income derivatives: interest rate futures, IRS, CDS, and options—as research tools for hedging and alpha expression.
- Proven ability to produce high-conviction, actionable research outputs that have demonstrably influenced portfolio positioning or trade decisions.
- Master's degree or above in Finance, Economics, Financial Engineering, Statistics, or a related quantitative discipline. CFA charterholder preferred.
Preferred Qualifications
- Experience building proprietary macro leading indicators or internal credit default prediction models
- Hands-on exposure to liability-driven investment (LDI) research frameworks for insurance/pension mandates
- Track record of collaborating with PM desks to translate research into real P&L
- Familiarity with LLM/AI tools for news parsing, sentiment extraction, or automated research workflow acceleration
- Prior experience designing internal research infrastructure—data pipelines, monitoring dashboards, or backtesting platforms
Compensation & Benefits
We offer a highly competitive compensation package tailored to top-tier fixed income research talent across Singapore's financial district.
- Base Salary: SGD 120,000 – SGD 180,000 per annum (gross), commensurate with research track record, analytical depth, and strategy impact
- Performance Bonus: 50% – 180%+ of base salary, directly tied to research-driven alpha contribution, trade idea conversion rate, and overall desk performance
- Total Annual Compensation: SGD 180,000 – SGD 450,000+ (uncapped upside) for exceptional researchers who generate actionable, high-conviction signals and consistently improve portfolio risk-adjusted returns
- Infrastructure Access: Full access to proprietary macro databases, credit surveillance systems, sell-side research networks, and global fixed income conference resources
- Career Trajectory: Clear pathway to Senior Researcher, Head of Fixed Income Research, or cross-over to Portfolio Management for high-performing candidates
Application Instruction
Please submit your resume together with:
- A brief summary (1–2 pages) of your fixed income research framework—covering your approach to rates analysis, credit fundamentals, cross-asset relative value, and how you prioritize research signals under different macro regimes.
- Three representative research outputs that led to actionable portfolio decisions. For each, include: market context, analytical methodology, specific trade/investment recommendation, and post-implementation P&L attribution or outcome assessment.
- Optional but highly valued: A description of any proprietary tools, models, or AI-assisted workflows you have built to automate or enhance fixed income research processes.
Equal Opportunity Employer – Rolling application review until the position is filled.
