HOW TO APPLY
Please send resume to: Careers@payden.com
Reference: AALA0125-JMZ
Subject: (Your Name, Position Title, and Reference)
COMPANY OVERVIEW
Payden & Rygel is one of the largest independently owned global investment management firms. We offer a full array of investment strategies and products, including fixed income, equity, and balanced portfolios as well as open-end mutual funds and offshore funds, to a varied client base around the world. While we have grown and expanded considerably since our inception in 1983, we remain committed to our mission of providing customized investment management solutions that focus on each client's specific needs and objectives.
JOB DESCRIPTION
The ABS Analyst will be part of the Securitized Products Group. Primary responsibilities include comprehensive ABS market coverage with a particular focus on collateral credit and transaction structure, preparing primary market investment reviews, timely surveillance of relevant sectors and firmwide holdings, supporting secondary investment activity, engaging internal and external counterparties on sector related matters. The analyst will be an integral member of the SPG team, adding depth to existing ABS activities.
RESPONSIBILITIES
- Comprehensive research across the ABS market, addressing both consumer and commercial sectors. Contribute insights and credit views to broader group, incorporating market pricing to support relative value decision making.
- Primary market investment review and recommendations. Determine investment appropriateness across the firm’s account base. considering collateral credit quality, transaction structures, documentation, cash flow stress testing, counterparty risk and sector liquidity.
- Conduct timely credit surveillance for sector investments held across the firm. Communicate relevant information to applicable constituents.
- Secondary market investment activity. Work with traders to support both buy and sell decision making based on relative value and credit considerations.
- Support the initiatives of SPG, client portfolio managers and operations teams as required.
QUALIFICATIONS
- 3-7 years of relevant work experience, fundamental understanding of securitization markets, familiarity with consumer and commercial ABS subsectors.
- Strong analytical and quantitative skills, working knowledge of programming languages.
- Excellent communication and presentation skills.
- Ability to work independently and as part of a team.
- Strong work ethic and attention to detail
EDUCATION
- Bachelor’s degree in finance, economics, accounting or a related field.
- CFA or demonstrated progress toward obtaining credential is desirable.
We offer competitive compensation comprised of salary, discretionary bonus, and 401k/profit-sharing based on level of experience and skills brought to bear as well as full range of benefits including medical, dental, vision, and life insurance.
Our employees work together in our downtown Los Angeles office, benefiting from our collaborative, team-oriented culture that has been the foundation of our success. We have always been a firm that has awarded flexibility to our employees.
EQUAL EMPLOYMENT OPPORTUNITY
Payden & Rygel is an equal opportunity employer, which means we comply with all federal, state, and local laws that prohibit discrimination when making all decisions about employment. Payden does not make employment decisions on the basis of race, color, ethnicity, national origin, ancestry, citizenship, religion, creed, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances.
If you have a disability, and require reasonable accommodations in the application process, contact Human Resources at careers@payden or 213-625-1900.
