Fixed Income - Fundamental Research Group (High Yield)

About the role

We are seeking a Fundamental Research Group (FRG) Associate to join our team. This role offers a dynamic environment where you can contribute to investment decisions and collaborate with experienced professionals.

Responsibilities

• Work closely with Fixed Income Investment Professionals and peers to deliver valuable insights and conduct fundamental research.
• Conduct deep fundamental research on companies and related industries, financial modeling, and analyze capital structures.
• Monitor holdings and facilitate meetings with management teams, sell-side firms, and industry specialists.
• Develop and maintain comprehensive charts and visualizations to support credit analysis and communicate investment insights effectively.
• Collaborate in the high yield corporate credit investment process and work on projects with increasing complexity.

Requirements

• 2-5 years of experience in credit research, preferably in high yield corporate credit.
• Strong financial modeling and fundamental credit analysis skills, including experience with sell-side firms and industry consultants.
• Proficiency with research tools, trade publications, online sources, regulatory filings, and the ability to interpret this information to generate insightful analysis.
• A bachelor’s degree in finance, economics, STEM, or a relevant field of study.
• Familiarity with programming languages (Python, SQL, R), data visualization tools (Tableau, PowerBI), and data platforms (Amazon S3, Snowflake, Databricks) is a plus.

Qualifications

• Passionate about a career in credit research with a strong interest in high-yield corporate credit investing.
• Desire to develop bottom-up fundamental credit research skills working in partnership with experienced investment professionals.
• Ability to ask good questions, bounce ideas off others, and proactively share your perspective.
• An inquisitive mind with intellectual curiosity and analytical skills in areas of high complexity surrounding financial markets and industry trends.
• Sound judgment in resolving conceptually complex matters.
• Effective written and oral communication skills.
• Available for occasional travel on research trips to meet with company management teams and investment professionals.

Skills

• Financial modeling and fundamental credit analysis.
• Data interpretation and analysis.
• Research tool proficiency (e.g., Bloomberg, Tableau, PowerBI).
• Communication and collaboration skills.
• Occasional travel for research purposes.

Benefits

• Company-funded retirement contribution based on salary and variable pay, including bonuses.
• Generous time-away and health benefits.
• On-demand professional development resources.
• Matching gifts for charitable contributions and annual grants for organizations you love.

Pay

Southern California Base Salary Range: $141,648 - $226,637

Schedule

Full-time position.

Application

If you are interested in applying, please review this job posting and apply now to move forward in our recruiting process. If this role doesn't align with your current needs, explore our other opportunities and join our talent community.

Learn More About Capital Group

At Capital Group, we believe in empowering our associates to build successful and prosperous careers. Our culture, compensation, and opportunities are designed to support this goal. Join us and make a difference in the lives of our clients and each other.