Senior Fixed Income Investment Analyst

Billings, MT, US • Posted 4 hours ago • Updated 4 hours ago

Full Time

On-site

USD $127,490.00 - 210,430.00 per year

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Job Details

Skills

FIB
Web Portals
Work Ethic
NATURAL
Risk Management
Capital Management
Stress Testing
SEC Filing
Policies and Procedures
Sarbanes-Oxley
Leadership
Project Management
Presentations
Bonds
Macros
Investments
Portfolio Optimization
Risk Analysis
Securities
Capital Market
FP&A
Budget
Business Cases
Financial Forecast
SEC
Regulatory Reporting
Collaboration
Treasury
Treasury Management
Auditing
Business Continuity Planning
Risk Assessment
Portfolio Management
Analytical Skill
Management
Communication
Microsoft Word
Microsoft Excel
Microsoft PowerPoint
Data Analysis
SQL
Python
R
Tableau
Pricing
Accounting
Economics
Mathematics
MBA
Analytics
Research
Fixed Income
Bloomberg
Finance
Control Flow Analysis
Regulatory Compliance
Life Insurance

Summary

**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal .

This position may be located at any of First Interstate Bank's offices in Colorado, Idaho, Iowa, Missouri, Montana, Nebraska, Oregon, South Dakota, Washington and Wyoming.

What's Important to You
We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

Generous Paid Time Off (PTO) in addition to paid federal holidays.
Student debt employer repayment program.
401(k) retirement plan with a 6% match.
The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

SUMMARY

The Senior Fixed Income Investment Analyst is a key contributor to the Corporate Treasury team with deep subject matter expertise developed in investment securities analysis, investment portfolio analysis, liquidity, interest rate risk, capital, and capital market risk management. This key position is a leader with ability to independently manage multiple projects, conduct analysis and present findings/conclusions/recommendations to Corporate Treasury leadership team, senior management and executive management.

The Senior Fixed Investment Analyst will lead tactical and day-to-day responsibilities related to one or more of the following: investment and portfolio analysis, liquidity management, liquidity stress testing, capital management, capital stress testing, interest rate risk analysis, investment and portfolio analysis, and SEC reporting while ensuring compliance with relevant regulatory guidance, internal policies and procedures, tight controls, a repeatable process that optimizes technology and SOX compliance.

ESSENTIAL DUTIES AND 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.

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

KNOWLEDGE, SKILLS AND ABILITIES

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 programing 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.

EDUCATION AND/OR EXPERIENCE

Bachelor's Degree with emphasis in Finance, Accounting, Economics, Mathematics, or Engineering r equired or
Master's Degree MBA preferred
4-6 progressive Fixed Income Investment experience, with developed expertise in one or more of the following 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.

LICENSES AND CERTIFICATIONS

Chartered Financial Analyst (CFA) preferred

PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
Sitting - Frequently
Standing - Occasionally
Noise Level - Moderate
Typical Work hours - M-F (8-5)
Regular and Predictable Attendance - Required

We offer a competitive total compensation package including base salary and benefits. The anticipated pay range for this position is $ 127,490 - $ 210,430 per year (in CO & WA) and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location. Additionally, this role is eligible to receive annual discretionary cash and stock bonuses. Benefits available for this position include, but are not limited to, medical, dental, vision, short-term and long-term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), Paid Time Off (new hires accrue at .069 per hours worked which equates to approximately 18 days per year inclusive of paid sick time) and up to 11 paid Federal holidays. Please note this information is provided for those hired in Colorado and Washington only, and this role is open to candidates outside of Colorado and Washington with compensation that aligns with your location. For more information regarding our benefits, please visit

**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal .

Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.

Dice Id: RTL867129
Position Id: 2025-13481
Posted 4 hours ago

Company Info

About First Interstate Bank

For decades, First Interstate has been part of the fabric of many hard-working towns and cities. Our belief—that community banking means so much more than simply transactions and accounts—is rooted in an approach to service centered around you. We’re proud to be a business whose culture is driven by strong values and a long-term vision. We strive to be the employer of choice for over 3,500 employees across fourteen states.

We strive to continuously strengthen our relationships with employees, clients, and communities while driving long-term shareholder value. We proudly offer competitive salaries and benefits. We believe in fostering professional development and recognizing employees for their hard work as members of the First Interstate team.

What’s Important to You:

We know your career is just one aspect of a meaningful, complex, and demanding life. That’s why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

Accrue and use your paid time off (PTO) immediately – no waiting period – plus paid federal holidays in addition to PTO.
Through our Child Care Assistance Program, First Interstate will contribute up to $1,500 per eligible dependent, with a max of $4,500 annually.
We prioritize wellness by offering eligible employees $25 per month, or $300 per year, toward a fitness club membership or exercise-related classes.
The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve, and why we want YOU to be a part of it.

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

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**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal . This position can be located at Billings, MT Downtown Tower and Sioux Falls, SD Downtown branch. What's Important to You We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible. Generous Paid Time Off (PTO) in addition to paid federa

Full-time

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