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Fixed Income Research Analyst Industrials & Utilities

Northern Trust


Job Location:

Chicago, IL - USA

Monthly Salary: $ 116100 - 197300
Posted: 21 May 2026 (30+ days ago)
Application Deadline: 18 August 2026
Vacancies: 1 Vacancy
The job posting is outdated and position may be filled

Job Summary

About Northern Trust:

Northern Trust a Fortune 500 company is a globally recognized award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the worlds most successful individuals families and institutions by remaining true to our enduring principles of service expertise and integrity. With more than 130 years of financial experience and over 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Job Description Summary:

Gathers organizes analyzes and presents financial data and rating agency information in order to evaluate credit risk associated with fixed income investments held in agency and fiduciary accounts. Consults with portfolio managers regarding credit risk implicit in notes and bonds held by various types of funds and portfolios. Maintains updated information systems that provide traders and portfolio managers timely information regarding debt issuers approved for investment purposes.

Major Duties:

1. Performs fundamental financial and credit analysis using publicly available information integrating conclusions with outside opinions and rating agency data. Recommends suitability of securities for individual portfolios and commingled funds.

2. Ensures that assigned issuers and industry sectors are reviewed analyzed and documented on a timely basis so that all internal and external regulatory requirements are fulfilled.

3. Performs special analysis projects such as valuation of nonmarketable debt securities exchange offerings and credit risk evaluation of derivative financial products.


4. Performs portfolio screening of managed accounts as the basis of the Unrated Security and Below Investment Grade Reviews stipulated by fiduciary laws and regulations.

5. Builds communication links with outside rating agencies and other fixed income analysts.

6. Participates with portfolio managers on assigned committees to develop investment strategy relating to cash and fixed income securities.

Knowledge:

Knowledge of business and financial markets financial and credit analysis and accounting principles and techniques usually acquired through training or experience are required to evaluate credit risk in individual issuers and through training or experience are required principles and techniques usually acquired financial and credit analysis and accounting.

Knowledge of business and financial markets industry sectors.

Knowledge of economic conditions and their impact on the capability of debt issuers to service debt obligations and legal matters related to structuring debt instruments usually acquired through formal education and work experience are required to evaluate credit risk.

Analytical and presentation skills are required to interpret offering statements and legal documents describing securities issues and to prepare and present analytical reports.

Computer skills are required to gather and present information.

Experience:

Minimum of five years fixed-income securities or credit related financial analysis experience.

Salary Range:

$116100 - 197300 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension) health and welfare benefits (medical dental vision spending accounts and disability) paid time off parental and caregiver leave life & accident insurance and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Working with Us:

As a Northern Trust partner greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at .


We hope youre excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.


Required Experience:

IC


About Company

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Discover Northern Trust’s trusted financial services for individuals, families, and institutions. Guided by service, expertise, and integrity since 1889, we offer wealth management, asset servicing, and investment solutions tailored to your goals.

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