---
title: 'Fixed Income Associate at Thndr'
canonical: 'https://feeny.ai/job/fixed-income-associate-thndr-cairo-ds9tqvc9267q'
type: 'job'
last_seen: '2026-10-26'
---

# Fixed Income Associate at Thndr

- **Company:** Thndr
- **Location:** Cairo
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-10-20
- **Last confirmed live:** 2026-10-26
- **Apply:** https://jobs.ashbyhq.com/thndr/339d760b-71c7-4428-b379-5e0a8ea411fa

## Job description

## About the role

Thndr’s Asset Management team is growing as we take on more managed mandates, and we’re looking for a Fixed Income Associate to support the team’s research and investment decisions. In this role, you’ll spend most of your time analysing fixed income and money market instruments, following market movements, and understanding how changes in interest rates, inflation, and monetary policy affect investment opportunities. You’ll work closely with the Head of Fixed Income, portfolio managers, and traders, providing the research and analysis they need to make informed decisions. This includes looking at Treasury Bills and Bonds, Corporate Bonds, Sukuk, and Eurobonds, as well as analysing issuers, reviewing financial statements, and keeping financial models up to date. We’re looking for someone who enjoys working with numbers, is curious about financial markets, and can turn data and research into clear, useful insights.

## What You’ll Do

- Follow developments in fixed income and money markets, including Treasury Bills, Treasury Bonds, Corporate Bonds, Sukuk, and Eurobonds.
- Research economic indicators, interest rates, inflation, and monetary policy, and assess how they affect the market.
- Review companies’ financial statements to understand their financial position and assess their creditworthiness.
- Build and update financial models to analyse yield curves, duration, convexity, and the relative value of different instruments.
- Track daily yields, prices, auction results, and other market developments, sharing relevant updates with the team.
- Prepare regular market updates covering yield movements, auctions, and key economic developments.
- Support portfolio managers and traders with research ahead of auctions, new issuances, and investment decisions.
- Monitor portfolio liquidity, upcoming maturities, and cash flow requirements across managed mandates.
- Present your findings and investment views during team discussions and investment committee meetings.
- Keep research files, financial models, and market databases accurate and up to date.
- Build relationships with issuers, banks, brokers, rating agencies, and other market participants.
- Follow internal policies and procedures, ensuring research activities comply with applicable FRA guidelines.
- Work on ad hoc analysis and research requests from the Fixed Income team.

## What You’ll Need

- 1–4 years of experience in fixed income, money markets, or a related financial analysis role.
- A bachelor’s degree in Finance, Economics, Accounting, or a related field.
- A good understanding of fixed income instruments and money markets.
- Strong financial analysis skills, including the ability to review financial statements and assess credit risk.
- Understanding of fixed income valuation and modelling, particularly yield curves, duration, and convexity.
- An interest in macroeconomic developments and how they affect interest rates and bond markets.
- Strong analytical skills and attention to detail when working with financial data.
- Good written and verbal communication skills, with the ability to explain findings clearly.
- The ability to work closely with different stakeholders and manage multiple tasks.

## Nice to have

- Experience in asset management or a bank’s Treasury department, particularly ALM or a dealing room.
- Experience in financial research or investment analysis.
- Familiarity with the Egyptian fixed income market.
- Experience using Bloomberg or Refinitiv Eikon.
- Advanced Excel skills; knowledge of Python or Power BI is a plus.
- Exposure to bond auctions, new issuances, or corporate credit analysis.
- Experience preparing market reports or investment research.

## Why this role matters

As Thndr’s managed mandates grow, the team needs solid research to understand market movements, assess risks, and make better investment decisions. As a Fixed Income Associate, your work will help the team evaluate opportunities, understand the impact of economic changes, and make informed decisions across different fixed income instruments. You’ll have the chance to build your expertise in fixed income markets, work closely with experienced investment professionals, and see how your analysis contributes to real investment decisions. If you enjoy financial markets, digging into data, and understanding the reasons behind market movements, we’d love to hear from you.

Who Are We? Thndr was founded on a bold dream to democratize access to investing through smart tech and human-centric design. This is simply our way of saying we give anyone with a smartphone the simple and easy access they need to preserve and grow their wealth. At the same time, we’re shaping the future of investing while actively driving the economies we serve by promoting local investment products. History has shown that investing is the single greatest way to build long-term wealth, but before Thndr, only a very small percentage of people had access to it due to:

- High barriers to entry - In the form of excessive minimum account balances, complex, outdated onboarding, and low financial literacy.
- Irrelevant experience - Catered toward expert traders and financial specialists, therefore alienating the majority of the population.
- Fragmented offering - Investment products were not gathered in a single, intuitive outlet.

We don't just talk about change, we deliver it. Here's a glimpse into our impact so far:

- 5.5 million app downloads
- EGP 1B+ average daily traded value across 2025
- #1 digital investing platform in Egypt for the third consecutive year
- 76% of users are first-time investors
- 40% of our users come from outside of capital cities and have previously had limited access to financial institutions

Building on the success of our core platform, we are continuing to change culture and break down barriers by launching Rumble, the subscription-based investment recommendations platform. Rumble was born with the vision to empower everyday individuals to build wealth confidently and intelligently through access to timely and in-depth advice from the industry’s top experts. Going beyond traditional investment advice, it offers long and short-term investment recommendations and financial content through engaging articles and videos that guide users on their financial journey and maximize their returns. At Thndr, we're looking for people driven by our mission to help us democratize investing across the MENA region.

## About Thndr

## Company Overview
- **One-liner**: Thndr is a technology-driven investment platform that aims to democratize access to financial markets in the MENA region by offering a simple, mobile-first way to invest in stocks, gold, mutual funds, and savings funds.
- **Entity Type**: Private (backed by prominent venture capital investors)
- **Headquarters**: Cairo, Egypt (with teams across three countries in the region)
- **Founded**: 2019 (founded after co-founders’ experience at an investment bank in 2016)
- **Founders**: Seif Amr and Ahmad Hammouda

## Core Business
- **Primary industry/industries**: Fintech – investing and wealth management
- **Target customers**: B2C, primarily individual retail investors, especially first-time and young investors (average age <30; 87% first-time investors)
- **Mission or purpose statement**: “Democratize investing in the MENA region” by removing barriers and using technology to offer a simple, accessible investing experience.

## Products & Services
- **Thndr App**: Mobile platform for investing in Egyptian stock market (EGX), US stocks (via Alpaca Securities), gold (via AZG mutual fund), mutual funds, and equity funds.
- **Thndr Learn**: Educational platform teaching personal finance and investing basics.
- **Thndr Claps**: A daily financial newsletter delivered to users’ inboxes.
- **Virtual Mode**: A simulation environment where users can practice investing with 100,000 virtual currency risk-free.
- **Savings Clouds / Savings Funds**: Low-risk, professionally managed fund products for growing savings and protecting against inflation.

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed (conflicting reports may exist, but not found).
- **Key Metric**: Total users – over 4,000,000 as of 2025/2026. Also, #1 investment platform in Egypt by number of trades, and contributed 86% of new entrants to the EGX in 2022.
- **Notable Investors/Partners**: Prosus Ventures, Tiger Global, BECO Capital, Endure Capital, 4DX Ventures (as of time of data).
- **Growth Signals**: 87% of users are first-time investors; 50% live outside major cities; average age <30; team has grown to 100+ employees across three countries.

## Competitive Advantages
- **Regulatory license**: Licensed by Egypt’s Financial Regulatory Authority (FRA) and ADGM’s Financial Services Regulatory Authority, providing trust and security.
- **Localized user experience**: Tailored for the Egyptian and MENA market, including local payment methods (InstaPay, Vodafone Cash) and Arabic-language content.
- **Educational focus**: Built-in learning tools (Thndr Learn, Claps, Virtual Mode) lower the barrier for new investors.
- **Simplicity and speed**: Same-day account activation with no branch visit required; multiple funding methods.

## Strategic Focus
- **Regional expansion**: The company already operates in Egypt and the UAE (ADGM) and is scaling across the MENA region.
- **Product diversification**: Adding new asset classes (gold, mutual funds, savings funds) to deepen engagement.
- **User education**: Continuing to invest in financial literacy tools to convert first-time investors into long-term customers.

## Why Work Here
- **Culture highlights**: Values include ownership (“act like an owner”), candid and transparent communication, ethical behavior, and a flat hierarchy. Employees describe a contagious passion for the mission and a supportive, encouraging team.
- **Remote/hybrid/office policy**: Not explicitly stated, but the team works across three countries (Egypt, UAE, and likely others), suggesting a flexible or hybrid setup.
- **Notable perks**: Strong sense of impact – “every action has a direct impact on the overall company.” Emphasis on output over hours, collaboration, and diversity.

## Sources
1. [thndr.app – About Us](https://thndr.app/blogpost/about-us/)
2. [thndr.app – Homepage](https://thndr.app/)
3. [thndr.app – Careers](https://thndr.app/careers/)
4. [thndr.app – Jobs List](https://thndr.app/careers/jobs-list/)

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