Senior Investment Analyst in London

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.

A Senior Investment Analyst also will be expected to take the lead role on various ad-hoc projects and 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.
• 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.).
• Effectively communicate credit recommendations and trading ideas to Portfolio Managers (via verbal and written material).
• Lead the weekly research meetings as needed.
• Supervise more junior Credit Research team members periodically.
• 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 prioritisation of work.
• Attention to detail.

Preferred Qualifications

• CFA or equivalent.
• Previous experience working in a global asset manager, investment bank or rating agency.