Capital Group

Fixed Income - Fundamental Research Group (High Yield)

As a Fundamental Research Group Associate at Capital Group, you will collaborate with investment professionals to conduct fundamental research that informs investment decisions in high-yield corporate credit. You will analyze financial data, develop investment ideas, and work on increasingly complex projects.

Date - JobBoardly X Webflow Template
Posted on:
 
September 30, 2023

You are more than a job title. We want you to feel comfortable doing great work and bringing your best, authentic self to everything you do. We value your talents, traditions, and uniqueness—and we’re committed to fostering a strong sense of belonging in a respectful workplace.

We intentionally seek diverse perspectives, experiences, and backgrounds, investing in a culture designed to celebrate differences. We believe that belonging leads to better outcomes and a stronger community of associates united by our mission. At Capital, we live our core values every day: Integrity, Client Focus, Diverse Perspectives, Long-Term Thinking, and Community.

You want to feel recognized at work. Your performance will be reviewed annually, and your compensation will be designed to motivate and reward the value that you provide. You’ll receive a competitive salary, bonuses and benefits. Your company-funded retirement contribution will factor in salary and variable pay, including bonuses.

You bring unique goals and interests to your job and your life. Whether you’re raising a family, you’re passionate about where you volunteer, or you want to explore different career paths, we’ll give you the resources that can set you up for success.

  • Enjoy generous time-away and health benefits from day one, with the opportunity for flexible work options
  • Receive 2-for-1 matching gifts for your charitable contributions and the opportunity to secure annual grants for the organizations you love
  • Access on-demand professional development resources that allow you to hone existing skills and learn new ones

As one of our FRG Associates, you will work closely and collaborate with Fixed Income Investment Professionals and peers to deliver valuable insights, conduct bottom-up fundamental research and analysis that will drive investment decisions. You will partner with investors on their coverage to help generate investment ideas and monitor holdings by conducting deep fundamental research on companies and related industries, financial modeling, facilitating meetings with management teams, sell-side firms and industry specialists, relative value comparison, analyzing capital structures, and working as a key contributor in the high yield corporate credit investment process. You will work on projects with growing complexity over time, receiving guidance and mentorship from experienced investment professionals.

I am the person Capital Group is looking for.

  • You are passionate about a career in credit research with a strong interest in high-yield corporate credit investing.
  • You have 2-5 years of experience in credit research (experience covering corporate credit; high yield corporate credit is preferred).
  • You have a strong desire to continue to develop bottom-up fundamental credit research skills working in partnership with experienced investment professionals.
  • You have extensive experience with financial modeling and fundamental credit analysis, working with sell-side firms and industry consultants, Bloomberg, utilizing research tools, trade publications, online sources, regulatory filings, etc., and interpreting this information to generate insightful analysis.
  • You have a proven ability to develop and maintain comprehensive charts and visualizations to support credit analysis and communicate investment insights effectively.
  • You thrive in team settings. You ask good questions, bounce ideas off others and proactively share your perspective.
  • You enjoy learning new things and can flex to varying work styles and expectations.
  • You have an inquisitive mind, demonstrating intellectual curiosity and analytical skills in areas of high complexity surrounding financial markets and industry trends.
  • You apply sound judgment in resolving conceptually complex matters.
  • You apply effective written and oral communication skills.
  • You collaborate and develop/maintain relationships both inside and outside the organization.
  • You are available for occasional travel on research trips to meet with company management teams and investment professionals.
  • You have a bachelor’s degree in finance, economics, STEM or a relevant field of study.
  • Familiarity with programming languages (Python, SQL, R), data visualization tools (Tableau, PowerBI) and data platforms (Amazon S3, Snowflake, Databricks) is a plus, but not necessary.

In addition to a highly competitive base salary, per plan guidelines, restrictions and vesting requirements, you also will be eligible for an individual annual performance bonus, plus Capital’s annual profitability bonus plus a retirement plan where Capital contributes 15% of your eligible earnings.