First Interstate · 11 hours ago
Senior Fixed Income Investment Analyst
Billings, MT
Full-time
Onsite
Mid, Senior Level
4+ years expFirst Interstate is seeking a Senior Fixed Income Investment Analyst to join their Corporate Treasury team. This role involves conducting in-depth analysis of fixed income investment portfolios, managing multiple projects, and presenting findings to senior management while ensuring compliance with regulatory requirements.
BankingCredit CardsFinancial ServicesWealth Management
Responsibilities
Provides analytical leadership, project management and presentation development to assist Corporate Treasury management to meet strategic, tactical and daily objectives in following areas of Fixed Income Portfolio Management:
Conduct fundamental analysis on First Interstate’s fixed income investment portfolio. Analysis will be both bottom up (security specific) and top down (portfolio and sector level) in assessing bonds from a variety of asset classes/issuers. Analysis will also be conducted as part of strategic balance sheet management, partnering with other subject matter experts (SME) to provide insight on First Interstate’s investment portfolio in context of balance sheet management
Be a subject matter expert on all securities in First Interstate’s fixed income investment portfolio with deep knowledge of drivers of security specific cash flows, supply/demand trends and macro market conditions. Conduct diligence on new investment opportunities and monitor performance of existing investments. Enhance existing processes and develop new processes to further understanding of fixed income investment portfolio
Lead on relative value and portfolio optimization with view towards identifying opportunities that meet return on capital objectives and organization risk tolerances
Conduct Interest Rate Risk analysis of securities portfolio and partner with Corporate Treasury Interest Rate Risk team to evaluate and make recommendations on portfolio optimization to achieve organization interest rate risk objectives
Conduct Liquidity Risk analysis of securities portfolio and partner with Corporate Treasury Liquidity Risk team to evaluate liquidity risk of investment portfolio
Conduct analysis of securities portfolio and partner with Corporate Treasury Capital team to evaluate risks to capital of investment portfolio and identify solutions to manage risk
Provide back-up to Capital Market Director in capital market execution activities
Work in alignment with FP&A in preparation of the annual operating budget, business case development and ongoing financial forecasting
Work in alignment with Corporate Accounting to facilitate various SEC and regulatory reporting requests
Develop junior Corporate Treasury talent to create capacity, accelerate collaboration and develop future Corporate Treasury subject matter experts
Assist Corporate Treasury management to address audits, model validations, counterparty risk assessments, business continuity plans, application risk assessments, and other applicable requests from the 2nd and 3rd lines
Qualification
Required
Working knowledge of bank investment portfolio management strategies
Strong analytical skills
Ability to manage multiple projects simultaneously and present findings to senior and executive management
Strong verbal and written communication skills
High proficiency in basic PC applications (Microsoft Word / Excel/ PowerPoint). Proficiency in data analytics and knowledge of SQL or other programming languages (e.g.: Python, R) a plus. Knowledge of Tableau a plus
Strong knowledge of fixed income pricing methodologies, prepayment and default models
Ability to build and maintain relationships
Skilled in maintaining confidentiality
Bachelor's Degree with emphasis in Finance, Accounting, Economics, Mathematics, or Engineering required
4-6 progressive Fixed Income Investment experience, with developed expertise in one or more of the following asset classes (RMBS, CMBS, CLO, ABS, Municipals, Corporates) and experience in fixed income analytics and research using fixed income packages such as Bloomberg, Intex and Yield Book required
Preferred
Master's Degree MBA preferred
Chartered Financial Analyst (CFA) preferred
Benefits
Generous Paid Time Off (PTO) in addition to paid federal holidays.
Student debt employer repayment program.
401(k) retirement plan with a 6% match.
Company
First Interstate
At First Interstate, we meet people where they are—helping them get to where they want to be.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Kevin Riley
President and Chief Executive Officer
BRITTNEY BAUER
REAL ESTATE LOAN PROCESSOR/CLOSER
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