Associate Analyst - Industrial, Transport & Utility

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.

The Role

An opportunity has arisen for an Associate Analyst to join M&G’s Corporate Credit Research team. The team, one of the largest and most experienced credit research teams in Europe, provides independent, actionable insights to fund managers in order to aid portfolio construction. This role will be in support of our coverage in the Industrial, Transport and Utility sectors.

An Associate Analyst in the Corporate Credit Research team plays a key role on corporate coverage alongside our Senior Analysts, whilst also developing their own primary analyst skills over time with a view to eventually becoming a Senior Analyst in their own right.

Key Responsibilities:

• Supporting senior analysts on daily sector coverage & outputs (fundamentals and relative value)
• Developing and maintaining corporate and sectoral financial models
• Monitoring news flow and identifying noteworthy or material information
• Analysis of bond and loan documentation
• Providing back up coverage for senior analysts
• Building and maintaining good working relationships with fund managers
• Developing primary analyst skills over time, with the potential to take on personal responsibility for a smaller sector or sub-sectors and progression to senior analyst role thereafter
• Representing team in investment group strategic projects
• Support team with research management systems (RMS) and related data
• Use programming and business analytics to streamline workflows and improve team productivity

Key Knowledge, Skills & Experience:

• Experience in Credit Analysis/Fixed Income/Accounting
• Sector experience in Industrial, Transport and Utilities
• Progression towards the CFA or Accountancy qualifications desirable
• Knowledge and experience of bond and loan documentation desirable
• Strong interpersonal, verbal and written communication skills
• Demonstrable interest in investments and wider economic & political events
• Proactive and adaptable problem solver who is self-motivated
• Highly organised and able to thrive in a time-pressured role
• Able to work independently but collaborate both within and across teams
• Proven numerical skills, analytical curiosity and rigorous attention to detail
• Good technical skills: intermediate knowledge of at least one programming language (e.g., VBA, Python, Java, C#, SQL etc.) to support data analysis, automation and tool development
• Strong Excel skills and ideally proficient in Bloomberg
• Strong academic track record

What we offer:

At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

• As a savings and investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
• We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.
• Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments.
• Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.
• Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide. As at 31 December 2024, we had £345.9 billion of assets under management and administration.