Research Analyst

Western Asset • Pasadena, CA

18d • $165,000 - $215,000 • 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. Western Asset is a global asset management firm renowned for its expertise in fixed-income investments. Operating as a cohesive team, we leverage an open, integrated investment platform to deliver superior results. Our collegial team culture is a significant asset, enabling us to harness the combined experience and fixed-income acumen of our investment professionals worldwide. With approximately $300 billion USD in fixed income strategies managed globally, we pride ourselves on our dedication to excellence and collaborative spirit. Western Asset is owned by Franklin Templeton, a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world. As a Research Analyst in our Investment Team, you will work in a highly collaborative team structure, you will deepen your research expertise and build relationships and knowledge that cement your career as a research analyst. It’s a great opportunity to make your mark on your sectors of expertise within our highly entrepreneurial, fixed-income investment business.

Requirements

• A minimum of 5 years of industry experience, demonstrating knowledge and understanding of Investment Grade and Bank Loan corporate bond markets
• Demonstrated knowledge and understanding of investment grade bonds
• The ability to effectively communicate with portfolio managers, traders and external clients
• Effective writing and presentation skills
• An undergraduate degree in Business, Finance, Mathematics, or Economics
• Strong attention to detail, analytical and problem-solving ability
• Excellent financial, mathematical and statistical skills

Nice To Haves

• Chartered Financial Analyst (CFA), MBA or other advanced degree valued

Responsibilities

• Make actionable investment recommendations in the Investment Grade and Bank Loan sectors
• Provide intensive, bottom up fundamental research and analysis to support and inform your views
• Perform primary and secondary research on the entire capital structure of loans and bonds
• Conduct market research and relative value analysis utilizing your considerable credit skills
• Build and maintain proprietary financial models for the entire peer group in your assigned sectors, accompanied by internal due diligence meetings with management teams and company visits
• Attend industry conferences and bridge sell-side and rating agency relationships to help promote fully actionable investment ideas
• Communicate with and present to clients as the expert in your select sectors

What This Job Offers

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