Analyst, Fixed Income

At Fiera Capital

We invest in creating a culture of purpose that makes our people feel valued, cared for, seen, and heard. Our approach to employee experience is tailored to your needs and ambitions:

• Your Inclusive Experience: We are committed to cultivating an inclusive, safe, and trusting work environment.
• Your Growth & Empowerment: We have ambitious growth goals for our firm, which makes us a great place to advance your career.
• Your Rewards & Recognition: We deeply value our people and their contributions and that's reflected in our competitive compensation and benefits packages and our collaborative culture.
• Your Wellness Your Way: We strive to create a healthy work environment and we offer programs designed to support our employees' wellbeing.

What we are looking for:

This is an exciting opportunity to join the Active and Strategic Fixed Income investment team (ASFI), a leading fixed income team with over $23.5 billion in assets under management and a strong track record in managing fixed income strategies.

We are seeking a motivated Analyst, Fixed Income to support comprehensive credit analysis across corporate issuers, including both investment-grade and high-yield markets. This role offers hands-on exposure to credit research, rating methodologies, and issuer engagement.

Your responsibilities:

• Conduct thorough internal credit analysis of corporate issuers, integrating financial metrics, balance sheet analysis, cash flow analysis, qualitative assessments, and market intelligence.

• Participate actively in internal credit committees, presenting recommendations and defending credit views.

• Meet directly with issuers and management teams to gather insights and assess creditworthiness.

• Monitor and interpret developments in the corporate credit market, including macroeconomic trends and sector-specific risks.

• Apply and critique methodologies from major credit rating agencies (DBRS, S&P, Fitch, Moody's, Kroll) to inform internal ratings and investment decisions.

• Produce timely and insightful credit research reports, including issuer profiles, sector outlooks, and event-driven commentary.

• Collaborate with portfolio managers, traders, and risk teams to align credit views with investment strategies.

• Maintain and enhance credit models, scorecards, and monitoring tools.

Must have requirements to be successful in this role:

• Bachelor's degree in finance, Economics, Accounting, or a related field (Master's or CFA designation preferred).

• 2–5 years of experience in credit research, credit analysis, or fixed income investing.

• Strong knowledge of credit rating agency methodologies (DBRS, S&P, Fitch, Moody's, Kroll).

• Knowledge of capital structure analysis and financial regulatory capital frameworks, particularly in banking and insurance sectors.

• Knowledge of CDS markets and relative value analysis techniques.

• Strong financial modeling and analytical skills, with proficiency in Bloomberg, Excel, and financial databases.

• Excellent communication skills, capable of presenting complex credit views clearly and persuasively to diverse audiences.

• Experience in global credit markets is a plus, bringing broader perspective to issuer analysis.

• Experience in high‑yield credit markets is a plus.

• Experience in securitization (ABS, CMBS, Project Finance) is a plus.

• Familiarity with LICAT (Life Insurance Capital Adequacy Test) framework considered a plus.

Additional Information:

• Fiera Capital adheres to a hybrid working environment with 4 days in-office per week.

#LI-Hybrid

For all positions in Quebec (Montreal and Laval), proficiency in French, both spoken and written, is mandatory. Working English proficiency is also required in order to serve our offices and clients around the world. 

Fiera Capital subscribes to the principle of employment equity. Our staff is our most valuable asset, and our goal is to create an inclusive and equitable environment where everyone can achieve their true potential.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, colour, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, or on the basis of disability, genetic information or any other federal, state, or local protected class. Fiera Capital will not tolerate any form of discrimination or harassment.

All staffing decisions, including hiring and promotion decisions, will be based on merit, skills, performance, and business needs. We are pleased to receive applications from qualified individuals from a variety of backgrounds. Job applicants who are individually selected for an interview will be notified that accommodations are available upon request. If a selected participant requests accommodation, Fiera Capital shall consult with the applicant and provide, or arrange for the provision of, suitable accommodation in a manner that considers the applicant's accessibility needs due to disability.

Please stay vigilant and never share personal or confidential information during this hiring process, unless it is through Mintz Global Screening, the secure platform we use to exchange such information. If in doubt, or if you think you have been a victim of fraudulent manoeuvres during your hiring process, please contact us.

Please note that job titles indicated in job postings may differ from internal job titles. Accordingly, offers of employment may not reflect job titles indicated in job postings.

We thank all applicants for their interest in a career with Fiera Capital. We will only contact those selected for an interview.