Fixed Income Credit Analyst, Municipal Bond

3 days left

Employer
Wellington Management Company, LLP
Location
Boston, USA
Salary
Competitive
Posted
01 May 2022
Closes
31 May 2022
Ref
14718346
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
WELLINGTON MANAGEMENT

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 transitioning to a hybrid work environment where both remote work and the office play a critical role. Our vision is a future where all employees are empowered to work flexibly to drive the best outcomes for our clients. Flexible work is a mindset and a core value. Our employees are encouraged to work remotely two days a week as a standard practice and will have flexibility in terms of working hours.

Tracing our roots to 1928, Wellington Management is one of the world's largest independent investment management firms. With over US $1 trillion in assets under management as of 31 December 2021, we serve as a trusted adviser to institutional clients and mutual fund sponsors in over 55 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise.

We are transitioning to a hybrid work environment where both remote work and the office play a critical role. Our vision is a future where all employees are empowered to work flexibly to drive the best outcomes for our clients. Flexible work is a mindset and a core value. Our employees are encouraged to work remotely two days a week as a standard practice and will have flexibility in terms of working hours.

THE POSITION

We are currently seeking to recruit a Fixed Income Credit Analyst (Analyst) to join our Municipal Bond Group. This individual will be responsible for covering municipal bonds across a variety of sectors in tax-exempt and taxable markets. The Municipal Bond team consists of three portfolio managers, five Fixed Income Credit Analysts and two Traders. This is a dynamic and growing team that is currently responsible for $34 billion in assets. As part of the 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 strong passion for investing, specific experience and interest in High Yield municipal bonds, embrace investment data science, uphold fiduciary responsibilities and possess a flexible mindset with the desire to learn/grow and contribute in a team setting. In addition, the Analyst will regularly interact, collaborate and share research with other investment professionals across our global investment platform, including other credit analysts, equity analysts, portfolio managers, traders, and macro strategists.

RESPONSIBILITIES

Responsibilities for this position will include the following:

• Creation and maintenance of detailed financial models and databases to aid in analyzing existing and prospective investments.

• Crafting and effectively communicating analyses/recommendations that add value to client portfolios.

• Providing timely and consistent surveillance to respond to secondary market opportunities as well as client's requests and regulatory requirements.

• Attending and contributing to internal and external investment meetings.

ESSENTIAL SKILLS

The following essential skills and characteristics are required for the role:

• 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, 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 communicated 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 company 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 a 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 creative approach for thinking about innovation, and the evolution of investing.

QUALIFICATIONS

Additional qualifications and characteristics include:

• Strong knowledge of Municipal Bond related sectors;

• A minimum of five years prior credit experience, on the buy-side or sell-side;

• Ability to leverage technical skills to efficiently review and analyze large data sets;

• Ability to set priorities and execute a research agenda;

• Organizational and time management skills as well as ability to work well under pressure;

• High level of initiative, and experience developing and implementing value-added investment recommendations;

• Comfort dealing with uncertainty, and a proven ability to take risk;

• Independence of thought, an entrepreneurial nature, and a global perspective;

• An undergraduate degree with a strong academic record; MBA/MSF and CFA/CAIA are relevant though not required.

Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law . If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMCANINQ@wellington.com .

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