Fixed Income Credit Analyst, Municipal Bonds
Wellington Management Company, LLP - Boston, MA
posted 21 days ago
About the position
Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients. We are currently seeking to recruit a Fixed Income Credit Analyst (Analyst) to join our Municipal Bond Group. Based in Boston, this individual will be responsible for covering municipal bonds across a variety of sectors in tax-exempt and taxable markets. The Municipal Bond team consists of three portfolio managers, five Fixed Income Credit Analysts and two Traders. This is a dynamic and growing team that is currently responsible for $34 billion in assets. As part of the Research Team, the Analyst will be fully integrated into the investment process and expected to conduct deep fundamental and quantitative analysis, providing unique and insightful research and relative value commentary. This work will support investment recommendations that help shape portfolio manager decisions and add value to client portfolios. The ideal candidate will have strong passion for investing, embrace investment data science, uphold fiduciary responsibilities and possess a flexible mindset with the desire to learn/grow and contribute in a team setting. In addition, the Analyst will regularly interact, collaborate and share research with other investment professionals across our global investment platform, including other credit analysts, equity analysts, portfolio managers, traders, and macro strategists.
Responsibilities
- Creation and maintenance of detailed financial models and databases to aid in analyzing existing and prospective investments
- Crafting and effectively communicating analyses/recommendations that add value to client portfolios
- Providing timely and consistent surveillance to respond to secondary market opportunities as well as client's requests and regulatory requirements
- Attending and contributing to internal and external investment meetings
Requirements
- Strong knowledge of Municipal Bond related sectors
- A minimum of three to five years prior credit experience, on the buy-side or sell-side
- Ability to leverage technical skills to efficiently review and analyze large data sets
- Ability to set priorities and execute a research agenda
- Organizational and time management skills as well as ability to work well under pressure
- High level of initiative, and experience developing and implementing value-added investment recommendations
- Comfort dealing with uncertainty, and a proven ability to take risk
- Independence of thought, an entrepreneurial nature, and a global perspective
- An undergraduate degree with a strong academic record; MBA/MSF and CFA/CAIA are relevant though not required
Nice-to-haves
- Investment acumen and passion
- Superior collaboration and influencing skills
- Growth mindset, intellectual curiosity and capacity for differentiated thinking
Benefits
- Retirement plan
- Health and wellbeing
- Dental coverage
- Vision coverage
- Pharmacy coverage
- Health savings account
- Flexible spending accounts
- Commuter program
- Employee assistance program
- Life and disability insurance
- Adoption assistance
- Back-up childcare
- Tuition/CFA reimbursement
- Paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)
