Fixed Income - Research Associate (Emerging Markets & Investment Grade Corporates)

Capital Group•New York, NY

6d•Hybrid

About The Position

As one of our FRG Associates, you will work closely and collaborate with Fixed Income Investment Professionals and peers to deliver valuable insights, conduct bottom-up fundamental research and analysis that will drive investment decisions. You will partner with investors on their coverage to help generate investment ideas and monitor holdings by conducting deep fundamental research on bond issuers, financial analysis, drafting research notes, facilitating meetings with issuer stakeholders, sell-side firms and industry specialists, relative value comparison and working as a key contributor in the credit investment process. You will work on projects with growing complexity over time, receiving guidance and mentorship from experienced investment professionals.

Requirements

Passionate about building a career in credit research and have a strong interest in corporate credit investing.
2–5 years of experience in credit research, investment banking, buyside/sell-side research or a related field.
Strong desire to continue to develop bottom-up fundamental credit research skills working in partnership with experienced investment professionals.
Experience with fundamental credit analysis, working with sell-side firms and industry consultants, Bloomberg, utilizing research tools, trade publications, online sources, regulatory filings, etc., and interpreting this information to generate insightful analysis.
Intellectually sharp, detail-oriented and able to ramp quickly across new issuers, sectors and geographies while producing accurate, high-quality work.
Proactive self-starter who takes ownership, keeps research processes moving and exercises sound judgment in ambiguous or evolving situations.
Communicate clearly and concisely in writing and discussion, with the ability to synthesize complex credit issues into actionable investment insights.
Experience developing and maintaining charts, financial analyses and visualizations that support credit research and communicate investment conclusions effectively.
Thrive in team settings. Ask good questions, bounce ideas off others and proactively share your perspective.
Enjoy learning new things and can flex to varying work styles and expectations.
Inquisitive mind, demonstrating intellectual curiosity and analytical skills in areas of high complexity surrounding financial markets and industry trends.
Apply sound judgment in resolving conceptually complex matters.
Collaborate and develop/maintain relationships both inside and outside the organization.
Bachelor’s degree in finance, economics, STEM or a relevant field of study.
Comfortable using AI / LLM tools to improve research productivity (ChatGPT, Claude Code/Claude Excel).

Nice To Haves

Experience covering emerging markets and/or investment grade corporate credit is preferred.
Familiarity with programming languages (Python, SQL, R), data visualization tools (Tableau, PowerBI) and data platforms (Amazon S3, Snowflake, Databricks) is a plus, but not necessary.

Responsibilities

Deliver valuable insights, conduct bottom-up fundamental research and analysis that will drive investment decisions.
Partner with investors on their coverage to help generate investment ideas and monitor holdings.
Conduct deep fundamental research on bond issuers and financial analysis.
Draft research notes.
Facilitate meetings with issuer stakeholders, sell-side firms and industry specialists.
Perform relative value comparison.
Work as a key contributor in the credit investment process.
Work on projects with growing complexity over time, receiving guidance and mentorship from experienced investment professionals.
Occasional travel on research trips to meet with issuer constituents and investment professionals.