Fixed Income - Fundamental Research Group (High Yield)d)

Capital Group•Los Angeles, CA

26d

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 companies and related industries, financial modeling, facilitating meetings with management teams, sell-side firms and industry specialists, relative value comparison, analyzing capital structures, and working as a key contributor in the high yield corporate credit investment process. You will work on projects with growing complexity over time, receiving guidance and mentorship from experienced investment professionals.

Requirements

Passionate about a career in credit research with a strong interest in high-yield corporate credit investing.
2-5 years of experience in credit research (experience covering corporate credit; high yield corporate credit is preferred).
Strong desire to continue to develop bottom-up fundamental credit research skills working in partnership with experienced investment professionals.
Extensive experience with financial modeling and 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.
Proven ability to develop and maintain comprehensive charts and visualizations to support credit analysis and communicate investment insights 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.
Apply effective written and oral communication skills.
Collaborate and develop/maintain relationships both inside and outside the organization.
Available for occasional travel on research trips to meet with company management teams and investment professionals.
Bachelor’s degree in finance, economics, STEM or a relevant field of study.

Nice To Haves

Familiarity with programming languages (Python, SQL, R), data visualization tools (Tableau, PowerBI) and data platforms (Amazon S3, Snowflake, Databricks)

Responsibilities

Conduct bottom-up fundamental research and analysis
Partner with investors to generate investment ideas and monitor holdings
Conduct deep fundamental research on companies and related industries
Financial modeling
Facilitate meetings with management teams, sell-side firms, and industry specialists
Relative value comparison
Analyze capital structures
Work as a key contributor in the high yield corporate credit investment process