High Yield Bond Analyst (San Francisco)

The Research Analyst will take the primary analytical responsibility for a variety of industries and companies in which Allspring Global Investments currently invests or is likely to take a position. The analyst will utilize fundamental research skills, including business risk analysis and financial ratio analysis, which will then be overlaid with relative value considerations to produce trade recommendations for Portfolio Managers and traders. The analyst’s coverage will include high yield bond, leverage loan and select crossover issuers, both in developed and developing markets.

The analyst also will be expected to take the lead role on ESG scoring for covered industries, various ad-hoc projects, participate in meetings with a management team and as requested, periodically meet with clients, prospects, and consultants. (Note: In addition to these functions employees are required to carry out such other duties as may reasonably be required.)

Responsibilities include:

• Perform independent, bottoms up, fundamental credit research on high yield issuers within assigned sectors
• Provide timely research opinions and investment recommendations (verbal and written) to Portfolios Managers that manage high yield, core plus, investment grade, short duration and multi-asset strategies
• Assess broad industry trends such as shifts in competition, regulation and legislation, and/or general market dynamics with a view towards investment implications
• Attend company and industry presentations
• Establish and build relationships with sell-side contacts and other market participants such as rating agency analysts
• Actively participate in team meetings
• Work with portfolio managers, traders and other research analysts on ad hoc projects as appropriate
• Represent Allspring Global Investments research capabilities at client, prospect and/or consultant meetings

• 1 year of investment research experience
• Experience working with research tools such as: FactSet, Bloomberg, and Barra
• Fixed income markets experience
• Strong quantitative and qualitative analysis skills; including statistics
• Microsoft Excel experience designing and running macros
• Excellent verbal, written, and interpersonal communication skills
• Ability to work effectively, as well as independently, in a team environment
• Strong organizational, multi-tasking, and prioritizing skills
• 2 years of investment research, investment banking, debt capital markets or private equity experience