Emerging Country Debt - Corporate Credit Analyst

Founded in 1977, GMO is a global investment manager committed to delivering superior long-term investment performance and advice to our clients. We offer investment strategies and solutions where we believe we are positioned to add the greatest value for our investors, including multi-asset class, equity, fixed income, and alternative offerings. Managing approximately $80bn for a sophisticated client base, GMO is known for valuation-based investing, bold positions, and academically rigorous thought leadership. The firm is privately owned, employs over 430 people worldwide, and is headquartered in Boston with offices in Europe, Asia, and Australia. Our culture emphasizes commitment to clients, intellectual curiosity, open debate, and respect for diverse perspectives.

About the role

GMO’s Emerging Debt Team manages $9.5 billion in dedicated emerging market debt (EMD) assets for institutional and private clients. The team has a first-decile, 30-plus-year track record in hard currency strategies and a first-decile 17-year track record in local currency strategy. This position is based in Boston and involves supporting a six-member team of portfolio managers and analysts covering corporate credits across 80+ emerging markets.

Responsibilities

• Apply the team’s differentiated investment philosophy and process, producing consistent, high-quality outputs aligned with the team’s quantitative and fundamental research approach.
• Balance broad research coverage with targeted deep dives, analyzing corporate credits across 80+ EM countries (IG and HY), 10+ sectors, and all levels of the capital structure.
• Perform rigorous analytical work, including corporate credit analysis, assessment of sovereign linkages, and evaluation of structural and contractual features of individual instruments in public and private debt markets.
• Maintain and update proprietary financial and credit models.
• Conduct robust due diligence through meetings with company management, discussions with sell-side and independent analysts, and review of industry publications and market data.
• Communicate analysis clearly through credit opinion write-ups, investment committee presentations, and tailored communications for internal and external audiences.
• Collaborate effectively in a small, collegial team environment as a proactive self-starter while contributing to a collaborative research culture.

Requirements

• A strong undergraduate or graduate degree; coursework or experience in corporate finance and financial statement analysis is highly desirable. Business-related degrees and CFA designation or progress toward the charter are welcome.
• 3-8 years of relevant industry experience, including backgrounds in investment management, sell-side research, corporate or investment banking, rating agencies, or multilateral development institutions.
• Excellent written and verbal communication skills, with the ability to distill complex analysis into clear, actionable insights.
• Intellectual curiosity, humility, sound judgment, and a disciplined, detail-oriented approach to work.
• Proven ability to take initiative, manage multiple priorities, meet deadlines, and deliver high-quality results.

Skills

• Finance/Economics: Strong financial statement analysis skills and the ability to build, maintain, and interpret financial models. Solid understanding of corporate finance, credit fundamentals, and capital markets.
• Data Analysis: Advanced proficiency in Excel; experience with statistical analysis and interpreting large datasets is highly desirable.
• Emerging Debt: Experience with or strong interest in emerging market economies, corporate credit, and capital markets. Familiarity with regional dynamics, sovereign risk, and EM investment frameworks is beneficial.
• Foreign Languages: Proficiency in foreign languages, particularly Spanish, is a plus.

Pay

$150,000 - $180,000 a year. This range reflects a good faith estimate based on skill sets, market demand, experience, and other factors. The role is also eligible for a discretionary annual bonus award based on individual, team, department, and firm performance.

Benefits

• Medical, dental, and life insurance.
• Long-term disability coverage.
• 401(k)/profit-sharing retirement plan.
• Open paid time off and leaves of absence.
• Dependent care resources and tuition reimbursement.
• Charitable gifts matching.
• Flexible spending accounts and commuter benefits.