Overview
The Senior Investment Analyst will take the primary analytical responsibility for a portfolio of companies in which Allspring Global currently invests or is likely to take a trading position. The analyst will utilise fundamental research skills, including business risk analysis and financial ratio analysis, which will then be overlaid with relative value considerations to produce trade recommendations across various credit instruments for our Portfolio Managers. Coverage will include investment grade and high yield issuers, primarily
A Senior Investment Analyst also will be expected to take the lead role on various ad-hoc projects, is likely to more often be the sole research representative in meetings with clients and consultants.
We currently operate in a hybrid working model, whereby you will be required to work in-office 4 days per week.
Location(s): London, UK
Responsibilities
- Analyse companies within industry subsectors with respect to firm specific operational and financial performance
- Assess broad industry trends such as shifts in competition, regulation, or general market dynamics with a view towards investment implications.
- Build and maintain financial models, including financial forecasts.
- Attend company and industry presentations; liaise with sell-side contacts and build relationships with other market participants such as rating agency analysts.
- Analyse various credit instruments (bonds, hybrids, loans, CDS, etc.) with a view to providing portfolio managers with specific investment recommendations. This will entail working closely on a day-to-day basis with portfolio managers and traders.
- Produce both written and verbal research to support trade recommendations.
- Participate in daily, weekly and quarterly Research meetings, as well as an array of ad-hoc Investment Committee meetings and other meetings relevant to the investment process.
- Analyse and communicate key differentiating factors within corporate bond documentation and capital structures (e.g. subordination, covenant restrictions, negative pledges, etc.).
- Analyse companies from a fundamental and financial perspective, including the ability to independently construct financial models which can be used for forecasting purposes.
- Effectively communicate credit recommendations and trading ideas to Portfolio Managers (via verbal and written material).
- From time to time the Senior Investment Analyst may need to lead the weekly research meetings
- The above duties may entail periodic supervision of more junior Credit Research team members.
- Work with portfolio managers and other Research analysts on ad hoc projects as appropriate.
- Represent Allspring’s research capabilities at client and/or consultant meetings, as well as speaking engagements at industry conferences/events.
- Any other tasks as reasonably required
Qualifications
Required Qualifications
- Relevant degree and/or investment qualifications.
- At least [10-15] years of relevant industry experience in credit research. Previous experience in covering issuers in utilities, energy and, to a lesser extent, real estate will be a significant advantage.
- Proven understanding of various credit instruments (e.g. bonds, hybrids, loans, CDS).
- Understanding of bond pricing, general market technicals and relative value drivers.
- Ability to lead meetings with issuers and regulators while displaying professionalism in all dealings with external counterparties (including clients).
- Effectively communicate credit recommendations and trading ideas to senior Investment Committee members (via verbal and written material).
- Confident in speaking with internal and external stakeholders across various levels
- Ability to work independently, self-motivated.
- Exercise judgement in time management and prioritization of work.
- Attention to detail
- Remain in stationary position for prolonged periods of time
- Operate computer programs and software
- Ability to communicate effectively with audiences in person and in electronic formats
- Day-to-day contact with others (co-workers and/or public)
- Ability to work in a collaborative business environment in close quarters with peers and varying interruptions.
Preferred Qualifications:
- CFA or equivalent
- Previous experience working in a global asset manager, investment bank or rating agency
Compensation
Disclosure
We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status