The Robert Toigo Foundation

Research Analyst – High Yield and Bank Loans

Western Asset Management Company
Published
February 18, 2021
Location
385 E Colorado, Pasadena, CA
Category
Job Type

Description

Please visit our careers page to apply: Western Asset Careers

Invest in your future as you invest for our clients

As a Research Analyst you’ll play an important role in investing to improve lives. The client outcome is our highest goal and the investment ideas you provide could ultimately lead to more scholarships at a college or better results for a retirement fund. Working in a highly collaborative team structure, you’ll be deepening your research expertise and building relationships and knowledge that cement your career as a research analyst. It’s a great opportunity to make your mark on your sectors of expertise within our highly entrepreneurial, fixed-income investment business.

 

What you will do

  • Make actionable investment recommendations in the High Yield and Bank Loan markets
  • Provide intensive, bottom up fundamental research and analysis to support and inform your views
  • Perform primary and secondary research on the entire capital structure of loans and bonds below Investment Grade
  • Conduct market research and relative value analysis utilizing your considerable credit skills
  • Build and maintain proprietary financial models for the entire peer group in your sectors, accompanied by internal due diligence meetings with management teams and company visits
  • Attend industry conferences and bridge sell-side and rating agency relationships to help promote fully actionable investment ideas
  • Communicate with and present to clients, as the expert in your select sectors

Find a place for your ideas

As the subject matter expert in your sectors,  you will collaborate with the wider team to support team investment management activities. This is a fast-moving field, with ever- greater calibration to niche investor needs, so there are plenty of opportunities for innovation and development. You’ll have a passion for markets, with outstanding levels of numeracy and excellent powers of analysis.

 

What you will bring

  • At least 5 years of industry experience, demonstrating knowledge and understanding of the High Yield and Bank Loan markets
  • Demonstrated knowledge and understanding of High Yield bond investments
  • The ability to effectively  communicate with management and staff, internally and externally
  • An undergraduate degree in Mathematics, Computer Science or Economics
  • Chartered Financial Analyst (CFA) encouraged, MBA or other advanced degree valued
  • Strong attention to detail, analytical and problem-solving ability
  • Excellent financial, mathematical and statistical skills

About Western Asset

At Western Asset we’re saying hello to the future. Committed to being the leading fixed-income investment management firm in the world, we’re investing in new technologies, methodologies and markets. We’re also investing in our people. Our business is guided by a belief in doing the right thing: that if we treat our clients and colleagues with fairness and respect, success will follow. We’re building on our reputation and resources with an entrepreneurial approach that drives innovation. Every day is an opportunity for us to get better by making the most of the possibilities that our people and ideas can bring.

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