Director

Northwestern Mutual • Milwaukee, WI

1d • Onsite

About The Position

Conducts fundamental emerging markets credit research across sovereign, quasi-sovereign, and corporate issuers to develop forward-looking credit views and issuer-level risk assessments. Monitors macroeconomic, political/geopolitical, operating, and capital trends across regions and sectors; synthesizes financial and qualitative inputs into clear, actionable conclusions. Builds issuer and country frameworks using scenario and stress analysis; produces concise written research and investment recommendations; and applies data, technology, and AI-enabled tools to improve efficiency. Partners across the investment platform to drive a consistent credit philosophy and support portfolio construction and risk management.

Requirements

• Five years or longer of relevant work experience conducting sovereign or corporate credit analysis.
• Bachelor’s degree with an emphasis on finance, accounting, economics, statistics, or other related area.
• Strong analytical skills, including understanding economic trends, performing financial statement analysis, evaluating cross-sector relative value, and presenting credit recommendations for potential investment opportunities.
• Effective oral and written communication skills and demonstrated ability to prioritize work.

Nice To Haves

• Economics background is a plus.
• Master of Science or Master of Business Administration (MBA) preferred.
• CFA designation or progress towards attaining the CFA designation recommended (not required).
• Proficiency with Bloomberg, Blackrock Aladdin, and other programming or data analytic tools is desirable.

Responsibilities

• Applies deep expertise in emerging market credit across sovereign, quasi-sovereign, and corporate issuers in investment-grade and high-yield segments.
• Executes fundamental credit analysis, including financial statement review; cash flow and balance sheet assessment; leverage and liquidity analysis; covenant and capital structure review; and evaluation of management and governance quality.
• Builds and maintains financial models, including base-case and downside/stress scenarios and recovery analysis, as appropriate.
• Develops and communicates differentiated investment theses and relative-value views, including buy/hold/sell recommendations aligned with current portfolio strategy.
• Monitors financial disclosures, earnings, corporate actions, rating agency actions, and market technicals; provides timely updates on credit events and market-moving news.
• Integrates macroeconomic, political/geopolitical, and ESG factors into credit assessments, with emphasis on governance, policy/regulatory risk, and country-risk transmission to issuers.
• Promotes a culture of mutual respect and high ethical standards.
• Models NM Behaviors: Client First, Powered by Our People, Future Focus.
• Exercises sound judgment and independent thinking.
• Leads process improvement through effective use of technology and data science.
• Responds in a timely manner to requests for data, opinions, and other information.
• Attends and leads/participates in group activities and engages others in relevant discussion.

Benefits

• We believe in fairness and transparency. It’s why we share the salary range for most of our roles.
• Grow your career with a best-in-class company that puts our clients' interests at the center of all we do.
• Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce.
• We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.
• At Northwestern Mutual, we believe relationships are built on trust. That our lives and our work matter.
• Northwestern Mutual is proud to be an equal opportunity employer.
• We have chosen to build a diverse and inclusive workplace where talented people from all backgrounds want to be, want to stay, and want to build their future.
• We celebrate and support our differences for the benefit of our employees, our products, and our community.
• All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 1,001-5,000 employees