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High Yield Corporate Research Associate

Date: Jul 18, 2019

Location: Milwaukee, WI, 53202

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference. 

WHO WE ARE: The Public Investments Department within Northwestern Mutual Investment Management Company, LLC (NMIMC) manages the public markets investments of Northwestern Mutual, with more than $100 billion under management in Investment Grade Corporate, Structured Product, High Yield Corporate, Government, Municipal, Emerging Market and related Derivative assets.

 BASIC FUNCTION: This position will be responsible for covering and driving performance within assigned High Yield (HY) corporate bond industries.

 REQUIREMENTS:

  • While specific industry experience is not a requirement, current or historical experience in Energy or Banking & Financial sectors would be preferred
  • Candidates must have experience within the HY corporate asset class
  • Within assigned industries, the candidate must have the ability to provide well-articulated, forward-looking fundamental views and relative value assessments for covered companies
  • Candidates should have at least 2 years of experience in the credit markets
     
    PRIMARY DUTIES:
  • Provide timely evaluation of primary and secondary market offerings informed by fundamental and relative value views
  • Demonstrate the ability to formulate, communicate and influence investment recommendations to senior analysts and/or portfolio managers based on forward looking fundamental and relative value analysis
  • Prepare high quality, accurate and independent work product
  • Maintain strong, professional relationships with Wall Street contacts, rating agencies, buy-side accounts and issuer management teams
  • Regularly attend industry conferences, investor events and rating agency meetings
  • Prepare and deliver presentations to senior management on key issues, such as topical industry information, credit specific analysis, special project work, etc.
  • Use information technology to identify, develop and maintain tools that enhance the efficiency and effectiveness of the investment decision making process
  • Actively engage in Continuous Learning & Improvement (CL&I) initiatives
  • Exhibit a high level of integrity, trustworthiness, reliability and motivation
  • Promote a culture of mutual respect and courtesy
     
    QUALIFICATIONS:
  • MBA or Master’s degree
  • CFA designation is preferred, or progress towards
  • 2+ years of asset management industry experience with ability to demonstrate track record of delivering research and investment ideas contributing to superior, risk adjusted results
  • Ability to develop and build relevant models and tools
  • Strong analytical, quantitative and critical reasoning skills
  • Superior verbal and written communication skills
  • Attention to detail, ability to prioritize and manage multiple tasks, and meet deadlines
  • Works well independently, while promoting and contributing to a strong team dynamic
  • High ethical and professional standards
     
    OTHER CONSIDERATIONS:
  • Knowledge of Blackrock Aladdin is desirable
  • Proficiency with Bloomberg, Microsoft Power BI, Database systems and tools is highly desirable
  • Knowledge of machine learning and/or predictive analytics applications for use in credit research is
    highly desirable
  • This position is subject to our Personal Trading Policy and the employee will be required to
    maintain any brokerage accounts with one of NMIMC’s approved brokers.

     

 

Grow your career with a best-in-class company that puts our client’s interests at the center of all we do. Get started now! 

We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

 

Req ID: 25517
Position Type: Regular Full Time
Education Experience: Bachelor's Desired
Employment Experience: 3-5 years
Licenses/Certifications:
FLSA Status: Exempt
Posting Date: 06/19/2019