Yield Research Analyst

High Yield Research Analyst

As a High Yield Research Analyst, you will play a pivotal role in our investment decision‑making process. Your responsibilities will include conducting comprehensive analysis and research to support our fixed‑income strategies.

• Research and analysis of specific corporate issuers and issues in a number of European industries/sectors to include healthcare, pharmaceuticals, chemicals and other basic industries.
• Provide support in the monitoring of both existing issues held in client portfolios as well as new issues.
• Conduct in‑depth analysis of cash bonds, while also monitoring and evaluating trends in the credit default swap market.
• Remain current with macroeconomic trends and strategies as well as with developments in the fixed‑income market and investment industry.

• Strong experience in credit research, including coverage of the healthcare, pharmaceuticals and chemicals.
• An ability to research and analyse companies’ credit fundamentals as well as fixed‑income securities’ covenants and indentures.
• A developed understanding of the drivers of credit risk premia and of relative value between bonds.
• Demonstrate strong written and oral communication skills and be comfortable with presenting technical material.
• Highly motivated and conscientious with an aptitude for taking initiative within a team environment.
• Undergraduate degree in Business, Finance or Economics majors preferred, CFA desirable.

Western Asset Management is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, age, marital status, medical condition (including pregnancy and related conditions), physical or mental disability, protected veteran status, and/or any other characteristic protected by law.