What we do:

First Eagle is an independent, privately owned investment management firm headquartered in New York with approximately $134 billion in assets under management (as of December 31 , 20 2 3 ). Throughout a heritage that dates to 1864, the firm has sought to generate attractive real returns for our clients over the long term. This tradition remains central to our mission today, guided by a set of core investment tenets that sustains our culture while also allowing philosophical autonomy among our talented portfolio management teams. First Eagle’s range of actively managed equity and equity-oriented, public and private credit, multi-asset and alternative strategies reflect our dedication to disciplined and unconventional thinking, a global perspective and the long-term alignment of interests.

What drives us:

At First Eagle, clients come first, always. To deliver on this commitment, we nurture an environment that attracts, develops , and retains a talented, inclusive workforce. We also aim to inspire each of our employees to do their life’s best work with us and for our clients. We have built a culture that promotes equity, diversity , and respect, and holds every member of the organization to the highest standards of integrity and accountability.

Who we are looking for:

First Eagle is seeking a Trading Analyst or Associate to join the High Yield Muni Credit tea m based in New York. The team is small and nimble, so the Trading Associate will have a n immediate impact across all functions of the team.

What you will do:

• Support the senior members of the investment and trading teams by analyzing portfolio positions, market conditions, sector performance, dealer inventory, and relative value pricing
• Reconcile daily cash positions and funding requirements in coordination with internal operations and accounting teams
• Engage and partner with the U.S. Wealth, Institutional, International Wealth Management, and Retirement sales teams to provide updates on the firm’s strategies and relevant competitive intelligence
• Manage weekly primary market flow and communicate investment priorities among the analysts, traders, and portfolio managers
• Develop and maintain dealer relationships to optimize trade execution levels
• Produce weekly municipal commentary for internal distribution to sales and marketing teams
• Develop product training materials for sales and market teams
• Manage vendor-based products used by the investment team
• Trade portfolio positions under the supervision of the investment team
• Travel as needed to support investment process

What you will learn:

• Fundamental municipal credit analysis by partnering with senior credit analysts
• Investment life-cycle from trade idea to investment thesis to execution to exit
• Portfolio-level analytics around duration, credit quality, convexity, concentration, alpha, attribution, and resilience
• Trading strategies for both long-term and short-term purposes
• Critical marketing skills used to punctuate the selling points of the municipal product both for internal stakeholders and for the investing population at large

The qualities you should have:

• Undergraduate degree in Finance, Economics , or related field
• 1-5 years of f ixed income investment or trading experience OR a demonstrated specific interest in the municipal bond market
• Intellectual curiosity , entrepreneurial focus , and collaborative mindset – everyone on the team is expected to work on multiple tasks concurrently as they arise
• Analytical skills, excellent work ethic, and problem-solving attitude is a must
• Proficiency with Bloomberg, Charles River, and FactSet is preferred , but not required
• Effective written and verbal communication skills; ability to manage interpersonal relationships vertically and horizontally across multiple channels/workflows
• Organization and time-management skills are paramount
• Team player , proactive rather reactive, and positive mindset

Base Salary range: $90 ,000 to $ 160 ,000 . In addition, this role is eligible for an annual incentive bonus. Compensation may vary based upon, but not limited to – the individual's skills, experience, qualifications, and internal equity.

We value our people and offer a broad range of benefits. We provide generous paid time-off, medical/dental/vision healthcare plans, 401(k) retirement and profit-sharing plans, a flexible/hybrid work environment, “dress for the day” flexible work attire, and many more great benefits. For more information, please refer to our First Eagle Benefits website .

First E agle Investment Management, LLC (FEIM) is an Affirmative Action and Equal Opportunity Employer. Equal Employment Opportunity has been, and will continue to be, a fundamental principle at FEIM , where employment is based upon personal capabilities and qualifications without regard to race, color, religious belief, including dress and grooming practices, sex, sexual orientation, gender identity, gender expression, age, national origin, marital status, citizenship, disability, veteran status, pregnancy, breastfeeding or medical conditions related to breastfeeding, status as a victim of domestic violence, sexual assault, or stalking, or any other basis protected by applicable federal, state or local law, genetic information or characteristics (or those of a family member), or any other protected characteristic as established by law.