Asset Backed Securities Analyst

A career at Janus Henderson is more than a job, it’s about investing in a brighter future together. Our Mission at Janus Henderson is to help clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service.

Your opportunity

In this role, you will support portfolio managers and the securitized products investment team by providing analysis, insights, and investment recommendations across the capital stack, with a primary focus on Asset‑Backed Securities (ABS). Covered sectors include autos, equipment, data centers and a range of esoteric ABS, requiring deep sector expertise and strong structured‑finance analytics. The role focuses on identifying risk‑adjusted investment opportunities in both Total Return and High Income portfolios. In addition, the position offers opportunities to contribute to the development, launch, and management of new ABS strategies across public and private markets.

• Act as a Securitized Products analyst with a primary focus on ABS, while maintaining the ability to evaluate opportunities across other securitized sectors as needed.
• Generate and communicate investment recommendations focused on attractive risk‑adjusted returns, income generation, and capital preservation.
• Analyze and articulate key drivers of return, including carry, duration, volatility, liquidity, optionality, and credit/default risk.
• Perform detailed cash‑flow, structural, and scenario analysis using industry‑standard tools, including Intex and Bloomberg.
• Build, maintain, and monitor relative‑value and sector models, updating assumptions and outputs on an ongoing basis.
• Partner with internal risk and analytics teams to develop, monitor, and refine securitized‑portfolio risk measures and reporting tools.
• Conduct ongoing portfolio surveillance and performance monitoring for existing holdings.
• Carry out other duties as assigned.

What to expect when you join our firm

• Hybrid working and reasonable accommodations.
• Paid volunteer time to step away from your desk and into the community.
• Support to grow through professional development courses, tuition/qualification reimbursement and more.
• Maternal/paternal leave benefits and family services.
• Complimentary subscription to Headspace – the mindfulness app.
• Corporate membership to ClassPass and other health and well-being benefits.
• Unique employee events and programs including a 14er challenge.
• Complimentary beverages, snacks and all employee Happy Hours.

Must have skills

• Strong analytical and financial modeling skills, including structured‑finance cash‑flow and scenario analysis.
• Proficiency in Excel, Bloomberg, and Intex.
• Working knowledge of programming or scripting (e.g., Python, SQL, VBA) used for data analysis, automation, or portfolio surveillance.
• Solid understanding of fixed income markets, structured products, and credit analysis.
• Ability to work independently while collaborating effectively within a team.
• Strong attention to detail and ability to synthesize large volumes of information quickly.
• Commitment to building and supporting the investment platform.

Nice to have skills

• Post‑graduate degree such as MBA, and CFA and/or CPA helpful.
• Strong creativity, initiative, and drive.
• Strong verbal and written communication skills with demonstrated ability to communicate articulately, concisely, and persuasively.
• Strong interpersonal skills with the ability to build relationships internally and externally.

Investment areas

Has responsibility for supporting portfolios that are covered by the Fixed Income research team.

Supervisory responsibilities

No

Potential for growth

Regular training and continuing education courses.

Compensation information

The base salary range for this position is $90-110K. This range is estimated for this role. Actual pay may be different. This position will be open through July 31, 2026. Colorado law requires an estimated closing date for job postings. Please don't be discouraged from applying if you see this date has passed. Annual Bonus Opportunity: Position may be eligible to receive an annual discretionary bonus award from the profit pool. The profit pool is funded based on Company profits. Individual bonuses are determined based on Company, department, team and individual performance.

Benefits

Janus Henderson is committed to offering a comprehensive total rewards package to eligible employees that includes competitive compensation, pension/retirement plans, and various health, wellbeing and lifestyle benefits.

Equal Opportunity Employer

Janus Henderson Investors is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. All applications are subject to background checks. You should be willing to adhere to the provisions of our Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements, including past political contributions and political activities. Applicants’ past political contributions or activity may impact applicants’ eligibility for this position. You will be expected to understand the regulatory obligations of the firm, and abide by the regulated entity requirements and JHI policies applicable for your role.