Associate Investment Analyst – High Yield

ASSOCIATE INVESTMENT ANALYST – HIGH YIELD

FEDERATED HERMES CAREER OPPORTUNITY #9677

PITTSBURGH, PA

Federated Hermes, Inc., one of the nation’s largest investment managers with $902\.6 Billion in managed assets, has an exciting opportunity available immediately for an Associate (junior) Investment Analyst on the Fixed Income High Yield team in Pittsburgh. As part of the Fixed Income team, this position conducts credit analysis and monitoring on the high yield products, including high yield bonds, leveraged loans, and equities of high yield issuers. Our analysts are the heart of our investment process and should expect to have daily contact with the portfolio managers and traders to discuss new issue ideas, secondary market trades and relative value opinions.

This is a unique opportunity for an individual who has a passion for capital markets, intellectual curiosity and a drive to leverage academic coursework or experience in financial statement analysis into a highly coveted investment analyst role.

Pittsburgh is one of the nation’s most livable cities with a strong, revitalized economy; lower cost of living than cities of similar size; entrepreneurial spirit; sense of community; superior academics and top research universities; and, vibrant arts, food, cultural and sports scenes.

MAJOR DUTIES:

• Enthusiastically perform and maintain fundamental analysis on issuers to assess suitability of credits for inclusion in the portfolios. The investment analysis will include financial statement analysis, cash flow analysis, financial modeling, competitor analysis as well as assessment of industry, regulatory and macroeconomic trends
• Vigorously utilize fundamental analysis to formulate investment ideas and clearly articulate it to the portfolio managers, on a timely basis. This includes generating and communicating value-added buy, sell and hold recommendations on individual credits and other relevant information to the portfolio managers
• Perform research and remain apprised of company and industry trends. Sources include, but are not limited to, industry publications, public documents, annual reports, trade journals, interviews with management teams, and reviewing financial statements and earnings transcripts.
• Maintain accurate and timely documentation of all research performed
• Proactively participate in all research meetings

POSITION SPECIFICATIONS:

• Bachelor’s degree in business related field with accounting and finance courses required; MBA or CFA designation or significant progress toward is a plus.
• Professional work experience in the financial services industry preferred
• Prior internship or work experience in an investment-related field and/or active participation in investment clubs and investment competitions a plus
• Demonstrated understanding of financial modeling, valuation and financial statements analysis required
• Willingness to collaborate with colleagues
• Excellent written and oral communication skills
• Advanced computer skills including proficiency with Microsoft Word and Excel, Bloomberg required
• Demonstrated record of exceptional ability to learn, accept challenges and take feedback

For consideration, please visit our company website and reference job #9677

For additional information, please visit FederatedHermes.com

Federated Hermes, Inc. offers a competitive salary and benefits package along with a professional environment.

Only those candidates in whom we have an interest will be contacted.

We are interested in qualified candidates who are eligible to work in the United States. However, we are not able to sponsor visas.

EOE – Including Disability / Vets

Federated Hermes is committed to providing equal employment opportunities in all aspects of employment to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex, pregnancy, sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any local, state or federal law applicable to Federated Hermes. As part of the firm’s equal employment opportunity statement, Federated Hermes will also comply with applicable government contractor obligations, including ensuring veterans and qualified people with disabilities are considered for employment and promotional opportunities consistent with current federal, state and local laws and regulations. Federated Hermes will also make reasonable accommodations for the religious practices of beliefs of applicants and employees, as well as for mental health or physical disability needs.