We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given.
At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.
Job Summary
The Research Analyst, High Yield is responsible for analyzing and recommending the purchase and sale of public high yield grade corporate bonds and related securities that contribute to incremental outperformance within the analyst’s assigned industries. The analyst is responsible for monitoring existing investments, managing credit risk, making industry recommendations, and maintaining relative weighting and relative value recommendations within the high yield credit market. Success in this role requires working well in a team environment, effectively prioritizing individual workflow and market-driven demands, and generating consistent, superior performance.
Job Responsibilities and Duties
- Perform independent, fundamental credit analysis to develop a strong understanding of the issuers within the analyst’s assigned industries.
- Analyze company financial statements from a bondholder’s perspective to develop an opinion of the company’s operational strengths, weaknesses, and directional outlook.
- Develop and maintain financial models to evaluate credit worthiness.
- Prepare detailed credit reports and provide relative value opinions, which lead to portfolio recommendations.
- Play an active role in managing credit risk in assigned industries/sectors by monitoring existing holdings and portfolio weightings.
- Continuous improvement in communication skills, both written and verbal, with the goal of getting issuer/industry/trade recommendations implemented into portfolios.
- Proactively and timely communicate relevant information to director and portfolio managers.
- Participate in team meetings and contribute to discussions on credit analysis and investment strategies.
- Utilize all available technological resources to maximize efficiency.
Job Qualifications
Required:
- Minimum of 2 years relevant investment experience in corporate credit risk evaluation or related area.
- Bachelor’s degree with emphasis in finance, business, or other relevant subject area.
- Strong working knowledge of accounting, finance, and corporate strategy.
- Strong analytical, mathematical, statistical, and problem-solving skills.
- Ability and eagerness to work collaboratively in a team environment.
- Strong technical skills, including use of Microsoft Office software, Bloomberg and/or Aladdin.
- Excellent written, verbal, and interpersonal communications skills.
- High level of organization and attention to detail.
- Ability to disseminate information concisely and confidently.
- Ability to work effectively alone, and within various team structures.
Preferred:
- Progress toward or completion of CFA designation, strongly preferred.
- Master of Business Administration, Finance, or other advanced degree in relevant field, with money management or applied securities experience.
Pay Transparency
Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $115,224.00 - $155,891.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.
Benefits
Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits. The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent’s plans/policies are subject to change at any time at Thrivent’s discretion.
Equal Employment Opportunity
Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.
Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to or call 800-847-4836 and request Human Resources.
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