Analyst, Asset-Backed Investments

Invesco Ltd. • Atlanta, GA

1d • Hybrid

About The Position

The Analyst will serve as a key member of the team responsible for evaluating, selecting and positioning public and private asset-backed investments across Invesco-managed products. The Invesco Structured Investments team manages a wide range of strategies to support the broader Invesco Fixed Income platform. Its mandate spans the residential and commercial agency and non-agency mortgage-backed securities sectors, asset-backed securities sectors, and related private asset-backed loan markets, with the goal of delivering best-in-class investment performance for clients. The team manages approximately $44 bn USD across a variety of strategies including mutual funds, ETFs, institutional separately managed accounts, and an Agency-focused mortgage REIT.

Requirements

• 2-5 years of experience in underwriting asset-backed securities or private asset-backed finance investments across a variety of collateral types (e.g., credit cards, autos, student loans, whole business, aircraft, container, data center, fiber optic, etc.)
• Familiarity with Intex and Bloomberg
• Strong knowledge of Microsoft Office, including Excel and PowerPoint
• Python and VBA programming skills are a plus
• CFA charterholder or pursuit thereof preferred

Nice To Haves

• Humble, client centric focus - we are fiduciaries of our clients’ assets and must understand their goals, desires, and investment objectives
• Commercially oriented mindset, with desire to assist in growth of the ABS and private asset-backed finance platform
• Open minded and willingness to learn new topics and investment/asset subsectors
• Strong written and verbal presentation skills and ability to work constructively as a key member of a dynamic investment team
• Proficiency in quantitative methods and analytical mindset
• Ability to articulate a comprehensive investment framework and adapt it to meet specific client objectives
• Ability to source investments and drive outcomes through decisive risk-taking

Responsibilities

• Collaborate with portfolio managers and other analysts on a variety of public and private asset-backed finance investment strategies managed by the Structured Investments team, including mutual funds, exchange-traded funds and institutional accounts
• Understanding of asset-backed underwriting fundamentals including, but not limited to, conducting loan and bond cash flow modeling
• Underwrite public ABS and private asset-backed finance investments including consumer loans and 4a2 structures
• Conduct market research and assist senior team members in formulating an investment outlook
• Utilize excel, general-purpose programming languages and artificial intelligence to conduct monthly credit surveillance/monitoring
• Employ a relative value-oriented mindset when assessing cross-sector asset allocation opportunities across the universe of public and private structured products (ABS, CMBS, MBS, asset-backed loans and mortgage-backed loans) as well as other fixed income sectors
• Develop meaningful relationships with loan originators and sell-side contacts to help facilitate deal flow and best execution on investment acquisitions
• Interact with broader Structured Investments analysts to better understand underwriting, internal rating processes and sector nuances
• Assist in the formulation and communication of trade ideas for the broader Invesco Fixed Income platform to generate potential alpha for the wider set of investment teams
• Periodically interact with current or prospective retail and institutional investors
• Draft periodic investment commentary for both internal and external audiences
• Commercialize asset-backed investment capabilities through product development and marketing efforts

Benefits

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed