Research Analyst (High Yield)

WHO IS WESTERN ASSET
Western Asset Management focuses on supporting our clients’ financial goals and creating positive outcomes for all kinds of people. Primarily a globally integrated fixed-income manager, we source ideas and investment solutions worldwide, with an emphasis on long-term fundamental value investing, using multiple diversified strategies.

Western Asset is a global asset management firm renowned for its expertise in fixed-income investments. Operating as a cohesive team, we leverage an open, integrated investment platform to deliver superior results. Our collegial team culture is a significant asset, enabling us to harness the combined experience and fixed-income acumen of our investment professionals worldwide. With approximately $245 billion USD in fixed income strategies managed globally, we pride ourselves on our dedication to excellence and collaborative spirit.

Western Asset is owned by Franklin Templeton, a dynamic firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world.

As a Research Analyst in our Investment Team, you will work in a highly collaborative team structure, you will deepen your research expertise and build relationships and knowledge that cement your career as a research analyst. This is a unique opportunity to make your mark on your sectors of expertise within our highly entrepreneurial, fixed-income investment business. In this role you will work closely with portfolio managers, traders, and other research analysts to support investment decisions and portfolio management strategies.

• Conduct comprehensive credit analysis of high yield issuers, including financial statement analysis, industry evaluation, and competitive positioning.

• Make actionable investment recommendations in the High Yield and Leveraged Loan segments of the market

• Monitor and analyse market trends, economic indicators, and industry developments that impact high yield securities. Provide intensive, bottom-up fundamental research and analysis to support and inform your views.

•  Collaborate with portfolio managers to support the construction and management of high yield portfolios.

• Perform primary and secondary research on the entire capital structure of loans and bonds

• Conduct market research and relative value analysis utilizing your considerable credit skills

• Build and maintain proprietary financial models for the entire peer group in your assigned sectors, accompanied by internal due diligence meetings with management teams and company visits

• Attend industry conferences and bridge sell-side and rating agency relationships to help promote fully actionable investment ideas

• Communicate with and present to clients as the expert in your select sectors

• A minimum of 5 years of industry experience, demonstrating knowledge and understanding in high yield research, credit analysis or related field.

• The ability to effectively communicate with portfolio managers, traders and external clients

• Effective writing and presentation skills

• An undergraduate degree in Business, Finance, Mathematics, or Economics

• Chartered Financial Analyst (CFA), MBA or other advanced degree valued

• Strong attention to detail, analytical and problem-solving ability coupled with excellent financial, mathematical and statistical skills.

Work Shift Timings - 2:00 PM - 11:00 PM IST

About Western Asset

At Western Asset we’re saying hello to the future. Committed to being the leading fixed-income investment management firm in the world, we’re investing in new technologies, methodologies and markets. We’re also investing in our people. Our business is guided by a belief in doing the right thing: that if we treat our clients and colleagues with fairness and respect, success will follow. We’re building on our reputation and resources with an entrepreneurial approach that drives innovation. Every day is an opportunity for us to get better by making the most of the possibilities that our people and ideas can bring.

Our Commitment to Diversity

We believe a diverse and cohesive workforce promotes the formation of different ideas and viewpoints, enhances independent thinking, and helps create a work environment where the best ideas are identified and implemented. We are committed to unlocking the power of diversity through an inclusive environment that affords everyone the opportunity to develop individually, advance professionally and participate fully in the Firm’s success.

EQUAL EMPLOYMENT OPPORTUNITY ("EEO")

Western Asset Management is an Equal Opportunity/AffirmativeAction Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, age, marital status, medical condition (including pregnancy and related conditions), physical or mental disability, protected veteran status, and/or any other characteristic protected by law.

Link to Equal Employment Opportunity Statement

Link to Pay Transparency Notice

Link to Equal Employment Opportunity Poster

Link to Equal Employment Opportunity Poster Supplement

Link to Vietnam Era Veterans Readjustment Assistance Act

Join our talent pool

We’re always on the look-out for creative, curious, collaborative, and entrepreneurial individuals. Even if you don’t see any current opportunities that match your skills, we’d still like to hear from you. Sign up for our Talent Pool and we’ll get in touch when something suitable comes up.

Register today and build your own searchable profile ready for our hiring managers to view. All you need is a few basic details and an up-to-date copy of your resume ready to upload. We support .rtf, .docx, .doc, .txt and .pdf files, provided they are smaller than 2MB.