Securitized Research Analyst, L&G - Asset Management, America

L&G's Asset Management business is a major investor across public and private markets worldwide, with $1.533 trillion in AUM. Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G’s own balance sheet. Our ambition is to be a leading global investor, innovating to solve complex challenges for our clients using the power of L&G. This is rooted in our investment philosophy and processes, which are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can generate value and drive positive change.

About the role

The Securitized Research Analyst role within LGIM America is designed to provide a high level of support to the Chicago-based US Fixed Income Team and its management of all securitized product investments. The Research Analyst will provide fundamental credit analysis to support investment decisions within the team relating to Esoteric/Commercial ABS and any other assets within the structured/securitized product sectors.

The Research Analyst is expected to have a strong understanding of the securitized industry and a proficient working knowledge of the issuers/collateral types that are active within these markets. The Research Analyst will liaise with company management teams, rating agencies, and investment bank syndicate/research teams to form opinions and analysis relating to new and existing opportunities.

Successful candidate will have ABS research knowledge and will primarily focus on Esoteric/Commercial ABS sectors. The Research Analyst will also be expected to support needed analysis in other Securitized sub sectors as internal efforts expand within those sectors.

Responsibilities

• Provide fundamental credit analysis to support investment decisions within the US Fixed Income Team.
• Analyze Esoteric/Commercial ABS and other structured/securitized product sectors.
• Liaise with company management teams, rating agencies, and investment bank syndicate/research teams.
• Form opinions and analysis relating to new and existing investment opportunities.
• Support analysis in other Securitized sub-sectors as needed.

Requirements

• 5-7 years of applicable ABS sector experience.
• Advanced degree required.
• Strong understanding of the securitized industry and issuers/collateral types.
• Experience in analyzing ABS including aircraft, digital infrastructure (datacenter & fiber), cell towers, containers, commercial/solar PACE, legal settlements, railcars, timeshare, and whole business.
• Ability to take ownership for assigned responsibilities independently and accurately.
• ABS modeling experience required.
• Working knowledge of all securitized products required.
• Prior research experience analyzing the various sectors of commercial ABS preferred.

Skills

• Strong Intex, Bloomberg, Excel, and PowerPoint skills.

Benefits

• Health insurance with optional HSA.
• Short-term and long-term disability insurance.
• Dental and vision care insurance.
• Life insurance.
• Healthcare, Dependent, and Limited Care Flexible Spending Accounts.
• 401K retirement plan.
• Vacation and sick time.
• Employee assistance program.
• Commuter and transit programs.
• Annual discretionary bonus plan.
• Supplemental health benefits including accidental injury, critical illness, and hospital indemnity insurance.
• Pet insurance (voluntary).

Pay

The starting salary offer will vary based on multiple factors, including but not limited to the applicant’s education, job-related experience, skills, abilities, geographic location, and market factors.