Senior Research Analyst - Fixed Income, VP I - State Street Global Advisors (Finance)
This position is on the Active Fixed Income research team based in Stamford, CT. The candidate will be part of the research team responsible for fundamental industry research and comprehensive credit analysis. Responsibilities include being a key member of the analyst team in monitoring credit and spread performance, developing market views, and contributing to presentation and reporting materials. Candidates will also be asked to conduct ad hoc research on economic issues and circulate the findings to investment team colleagues. The individual is expected to collaborate effectively within an immediate team and across organizational functions with business units, Finance, Treasury, Risk, and IT to share knowledge, expertise and guidance.
The role reports into the team lead for investment grade portfolio management and will support a variety of investment grade corporate strategies.
Role Responsibilities :
• Lead the research effort on assigned sectors working closely with the constituent PMs to assure delivery of appropriate research support including timely written reports and analysis
• Proactively contribute to development of a consolidated credit strategy
• Effectively communicate sector developments and investment strategy within assigned sectors throughout investment organization
• Make buy/hold/sell recommendations for all assigned fixed income credits (covering approximately (80-100 names)
• Conduct primary review, credit analysis, financial modeling and documentation of new issue and secondary credits in assigned sectors
• Maintain knowledge of relative value and pricing of assigned credits
• Proactively identify and analyze companies in assigned industries for possible future investment
• Leverage deep, existing industry relationships with external management teams, rating agencies and sell-side analysts, and maintain open and frequent communications with these parties. Report-out regularly on assigned credits, in addition to annual reviews. Maintain current investment recommendations and credit opinions in internal database. Preparation of credit or sector deep dives
• Proactively communicate out with PMs and senior management with recommendations for new purchases and updates on our existing portfolio demonstrating clear understanding of portfolio construction and management
Qualifications/Requirements:
• Bachelor's Degree, preferably in a business-related discipline
• At least 8-10 years of experience in an investment management organization preferably in fixed income, or a financial services environment, preferably with an institutional asset manager
• At least 5 years of investment experience, preferably having had exposure to Investment Grade Corporate Bonds.
• Experience covering Insurance (Life and P&C) and REIT sectors preferred
• Experience in other fixed income sectors (high yield, bank loans, private credit) desirable
• Experience using Bloomberg or similar application
• Advanced Excel skills
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range:
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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