Portfolio Analyst

Western Asset • Pasadena, PA

19d • $126,000 - $149,000 • Onsite

About The Position

Western Asset Management focuses on supporting our clients’ financial goals and creating positive outcomes for all kinds of people. Primarily a globally integrated fixed-income manager, we source ideas and investment solutions worldwide, with an emphasis on long-term fundamental value investing, using multiple diversified strategies. As a Portfolio Analyst, you’ll play a key role within the Investment Management team, directly working with Portfolio Managers and Traders across diverse fixed income sectors including Broad Markets, High Yield, and Investment Grade credit. Your precision and proactive approach will drive operational excellence and empower decision-making at Western Asset. You’ll collaborate with key internal partners such as Client Services, Compliance, Investment Operations, and Risk Management to deliver seamless portfolio management support to the Investment Team. This role is based in our Pasadena, CA office.

Requirements

• Exceptional attention to detail: Your analytical mindset and problem-solving skills set you apart in a fast-paced environment
• Financial and technical proficiency: Demonstrated strength in financial, mathematical, and statistical analysis; expert-level Excel skills required; familiarity with query tools (SQL, Python) is a plus
• Influential communicator: Ability to engage and collaborate with stakeholders at all levels, driving consensus and action
• Asset management experience: Previous exposure to asset management is highly valued and will accelerate your impact
• Educational foundation: Bachelor’s degree preferred; CFA designation or progress toward a designation is highly desirable

Responsibilities

• Manage the pre- and post-trade execution process: Oversee allocations, hedge calculations, and trade entry, while ensuring all trades meet compliance and market deadlines; utilize the OMS system to efficiently book trades for both local and global offices; pro-actively seek opportunities to increase efficiency, reduce errors, and create consistency in process outcomes
• Manage the end-of-day trade process: Ensure all trades are accurately loaded, driving transparency and reliability in portfolio valuations; partner with the back office to investigate and resolve confirmation breaks and trade fails, maintaining operational accuracy
• Action portfolio maintenance trades: Monitor daily cashflow ladders across currencies and any portfolio drift; communicate necessary maintenance and rebalancing trades to stakeholders; monitor post-trade impacts
• Facilitate fund and FX orders: Liaise with the Trade Operations team, ensuring fund orders are processed efficiently and accurately; follow up on foreign exchange orders routed through the back office, ensuring timely and accurate settlement with custodians
• Advance corporate actions workflow: Preclear voluntary corporate actions and support the corporate actions process; communicate critical updates and action items to PMs, Client Service, and Compliance, ensuring all stakeholders are informed and meet corporate action deadlines
• Monitor portfolio compliance: Pro-actively review daily portfolio compliance reports, swiftly addressing action items to maintain regulatory and guideline integrity; track the downgrade dashboard and coordinate timely responses to credit rating changes; monitor and report benchmark updates
• Support client-related requests: Prepare information and analysis for PMs and Traders for client meetings or specific client requests
• Deliver actionable insights: Develop in-depth understanding of various portfolio strategies and understanding of key risk factors and metrics; prepare and analyze daily portfolio reporting, surfacing trends and opportunities; review and analyze monthly performance data, identify issues, and collaborate with PMs to optimize results
• Support investment accounting: Partner with Investment Support and Accounting to resolve book value, yield, and other accounting queries, enhancing financial reporting

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees