Fixed Income Research Associate - Liberty Mutual Investments

Role Overview

Sector expert working independently to provide deep analytical information and high conviction investment recommendations using a combination of top-down sector views and bottom-up fundamental analysis across high-yield, leveraged loans and private credit.

Provide timely interpretation of market developments and implications for the coverage universe and portfolio and contribute positively to portfolio out performance through security selection, sector positioning, and structuring.

Engage with external parties, including borrowers, advisors, and consultants, in execution of due diligence activities; calibrate and evaluate relative and absolute risk-return trade-offs in primary and secondary markets.

Leverage AI and large-language-model tools such as Claude to accelerate research, due diligence, and portfolio surveillance workflows, synthesizing filings, transcripts and rating agency materials, and to generate novel analytical insights that sharpen credit recommendations and relative-value views.

Provide concise written and verbal communication on investment recommendations to portfolio managers, director of research, research team members and related investment committees, and collaborate with portfolio managers, traders and other investment analysts to maintain a one-team/one-portfolio approach to investment decision-making.

• Demonstrated deep leveraged-finance credit expertise, preferably across both public and private markets.
• Five to ten years of experience as an analyst making successful investment recommendations.
• Demonstrated proficiency with, or strong enthusiasm to adopt, AI and large-language-model tools to augment fundamental credit research; comfort designing prompts, workflows and structured skills that drive efficiency and analytical edge across the coverage universe.
• Bachelor's degree required; MBA and CFA encouraged.
• Effective communicator with multiple stakeholders including portfolio managers, investment committees and senior management.
• Exhibit intellectual curiosity about global markets, asset classes, the organization and the industry.