Portfolio Analyst, Credit

WHO IS WESTERN ASSET

Western Asset Management focuses on supporting our clients' financial goals and creating positive outcomes for all kinds of people. Primarily a globally integrated fixed-income manager, we source ideas and investment solutions worldwide, with an emphasis on long-term fundamental value investing, using multiple diversified strategies.

As a Portfolio Analyst, Credit you will be a key member of the Trading and Portfolio Operations team. Your eye for detail and keen monitoring skills enable you to effectively support daily trading workflows at Western Asset. Your internal stakeholders will include Compliance, Risk Management, Investment Operations and Client Services.

What you will do

• Accurately execute trading floor procedures to ensure the efficient flow of trade information from portfolio management to various sponsors.
• Support Traders and Portfolio Managers (PMs) with daily trading activities, including generating and processing bid lists, assisting with allocation, researching new securities, managing account cash holdings, and resolving trade settlement issues.
• Assist with daily trade uploads and the preparation of end-of-day trade blotters.
• Address vendor inquiries and issues related to trades and provide necessary support.
• Prepare trade tickets with appropriate allocation and hedge calculations.
• Conduct preliminary compliance checks on trade tickets prior to processing.
• Prepare trade tickets to cover overdrafts and remedy compliance issues per daily reports and requests.
• Facilitate the trading process by providing coverage for Traders and PM's as needed.
• Reconcile trades using multiple sources in our proprietary and vendor systems.
• Manage the end-of-day pricing process, ensuring accurate trade loading.
• Collaborate with the back-office team to resolve confirmation discrepancies in trades and respond to issues related to trade failures.
• Prepare and review daily reports to monitor portfolio performance within assigned strategies.
• Review monthly performance attributions and communicate any concerns to Portfolio Managers.
• Ensure timely posting of trades in adherence to Settlements team and market deadlines.
• Maintain clear, effective, and concise communication with internal and external parties regarding settlement, corrections, analysis, investment, and operational matters.

What you bring

• Previous experience in the asset management and/or fixed income space
• Strong attention to detail with keen analytical and problem-solving skills
• Proficiency in Excel and the Microsoft office suite of products. VBA knowledge a plus
• Strong communication skills with the ability to effectively communicate with all levels within the organization and to external clients
• Ability to multitask and juggle a number of competing priorities
• Bachelor's degree in related discipline, i.e. Mathematics, Economics or Engineering
• CFA highly desirable

Expected base salary for the role will generally be between $125,000 - $145,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include other forms of compensation such as, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

About Western Asset

At Western Asset we're saying hello to the future. Committed to being the leading fixed-income investment management firm in the world, we're investing in new technologies, methodologies and markets. We're also investing in our people. Our business is guided by a belief in doing the right thing: that if we treat our clients and colleagues with fairness and respect, success will follow. We're building on our reputation and resources with an entrepreneurial approach that drives innovation. Every day is an opportunity for us to get better by making the most of the possibilities that our people and ideas can bring.

Our Commitment to Diversity

We believe a diverse and cohesive workforce promotes the formation of different ideas and viewpoints, enhances independent thinking, and helps create a work environment where the best ideas are identified and implemented. We are committed to unlocking the power of diversity through an inclusive environment that affords everyone the opportunity to develop individually, advance professionally and participate fully in the Firm's success.

EQUAL EMPLOYMENT OPPORTUNITY ("EEO")

Western Asset Management is an Equal Opportunity/AffirmativeAction Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, age, marital status, medical condition (including pregnancy and related conditions), physical or mental disability, protected veteran status, and/or any other characteristic protected by law.

Link to Equal Employment Opportunity Statement

Link to Pay Transparency Notice

Link to Equal Employment Opportunity Poster

Link to Equal Employment Opportunity Poster Supplement

Link to Vietnam Era Veterans Readjustment Assistance Act

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