Collateralized Loan Obligation Research Analyst

Collateralized Loan Obligation Research Analyst

Apply locations: London, Great Britain

Time type: Full time

Posted on: Posted 2 Days Ago

Job requisition id: 2106657

Job Description:

The Group

Headquartered in Boston, the High Income & Alternatives group manages over $100 billion in assets under management (AUM). The group’s investments span across the capital structure, including high-yield bonds, leveraged loans, convertible bonds, alternative credit, structured credit, and equities. Fundamental research forms the backbone of the group’s investment process. The team allocates capital from various Fidelity funds and separately managed accounts (SMAs) for institutional and retail clients. Additionally, it oversees Fidelity Investments’ global collateralized loan obligation (CLO) issuance business, encompassing the USD Ballyrock CLOs and the EUR Grand Harbor CLOs, with a combined CLO AUM of $11 billion.

The Role

The Collateralized Loan Obligation (CLO) Research Analyst will provide fundamentally based investment recommendations and maintain and update written research reports/models for names under their coverage. Their recommendations will underpin the investment decisions and credit positions held by the European CLO business in the issuers within the analyst’s coverage universe.

The role requires a deep understanding of below investment grade capital structures, and the instruments typically issued by high yield issuers (broadly syndicated Leveraged Loans, Senior Secured Bonds, etc.).

Located in London, you will report to the Managing Director of Research for the European CLO business within Fidelity’s Global High Income & Alternatives business.

The Value You Deliver

• Identify investment opportunities with an attractive/unattractive risk/reward profile within the CLO’s investment universe.

• Drive the CLO’s investment/disinvestment decisions within your coverage universe via regular communications with the Managing Director of Research and the CLO Portfolio Managers.

• Publish in-depth research and ad hoc reports, including same-day analysis of market-moving events.

• Build financial models, maintain and grow industry knowledge, establish relationships with borrowers.

The Expertise and Skills You Bring

• Strong academic background.

• 7 or more years of relevant work experience in leveraged finance/alternative credit.

• Demonstrable modeling and company valuation experience.

• Strong written and oral communication skills.

Certifications:

Category:

Investment Professionals

About Us

At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com.

Fidelity Investments is an equal opportunity employer.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation please contact the following:

For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to , or by calling 800-835-5099, prompt 2, option 2.

For roles based in Ireland: Contact

For roles based in Germany: Contact

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