Fixed Income Credit Analyst, Commercial Mortgage-Backed Securities; CMBS

About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long‑term view that aligns our perspectives with those of our clients.

We are currently seeking to recruit a Fixed Income Credit Analyst (Analyst) to join our Structured Finance Research Team. This individual will be one of two Analysts responsible for covering CMBS across both investment‑grade and high‑yield opportunities, with a focus on concentrated risk (e.g. SASB, data centers, etc.). The Structured Finance investment team is dynamic and growing, currently responsible for $54 billion in assets.

As part of the Structured Finance Research Team, the Analyst will be fully integrated into the investment process and expected to conduct deep fundamental and quantitative analysis, providing unique and insightful research and relative‑value commentary. This work will support investment recommendations that help shape portfolio‑manager decisions and add value to client portfolios. The ideal candidate will have a strong passion for investing, specific experience and interest in structured finance, a growth mindset regarding technical skills (e.g. coding, AI, etc.),

uphold fiduciary responsibilities, and possess a flexible mindset with the desire to learn, grow and contribute in a team setting. The Analyst will regularly interact, collaborate and share research with other investment professionals across our global investment platform, including other credit analysts, equity analysts who cover similar industries, portfolio managers, traders and macro strategists. The role may be based either in Boston or New York.

• Creation and maintenance of detailed financial models to aid in analyzing existing and prospective investments.
• Crafting and effectively communicating analyses/recommendations that add value to client portfolios.
• Providing deal‑level updates to respond to secondary market opportunities as well as client requests and regulatory requirements.
• Attending and contributing to internal and external investment meetings.

• Investment acumen and passion – We are seeking an experienced credit analyst who is passionate about markets, research, and investing in fixed income. The ideal candidate will possess strong analytical skills, technical skills, attention to detail, and a quantitative orientation. Additionally, the ability to make investment decisions that are supported by rigorous analysis, often with incomplete information, and communicate them with strong conviction is required.
• Superior collaboration and influencing skills – The successful candidate will enjoy contributing to a highly collaborative investment environment and will embrace the benefits of overlapping lines of idea generation. He/she will build strong, trusting relationships internally with colleagues, and externally with issuer/management teams. The ability to provide a point of view and challenge the status quo is critical, as is the humility to admit mistakes and the desire to learn from others.
  
  He/she must recognize the benefits of diverse perspectives. The ability to communicate (both verbally and in writing) action‑oriented investment recommendations clearly, and with conviction, and contribute to an open investment dialogue is important.
• Growth mindset, intellectual curiosity and capacity for differentiated thinking – The flexibility and openness to continue learning, evolving and growing as a credit analyst and investor. He/she will have a global perspective and a creative approach for thinking about innovation, and the evolution of investing.

• Strong fundamental credit research skills and knowledge of CMBS sectors. Experience in other Structured Finance asset classes is an advantage but not required.
• A…