Analyst/associate Investment Manager

5 maanden geleden


Zeist, Nederland PGGM Voltijd

OpleidingsniveauWO

Jouw rol

In this role you can use your financial background and broad asset management interest to further enhance the quantitative and/or sustainable aspects of our investment process, while at the same time developing the skills relevant for credit analysis and portfolio management. You will contribute to the active investment process with a strong bottom-up approach for the two mandates of the Credit cluster. The main focus of the role is using fundamental analysis to form an investment view. That means that you will not only be responsible for credit analysis, but also for translating that into an investment view (including relative value) for your sector(s).

Your job as an associate investment manager

The job is constructed in two dimensions. First, you will increase your knowledge on how to perform fundamental credit analyses on issuers in the financial sector. Together with a team of dedicated colleagues, you are responsible for the management of two mandates: the Global Sustainable Credit mandate and the Safe Credit mandate. By analyzing the strategy, positioning, financial and sustainability data of issuers, we assess the quality of all companies we invest in and build a portfolio based on this. Second, you will also work closely together with the Portfolio managers. You will act as the specialist for the Financials sector names in the portfolio and play a pivotal role in the portfolio construction phase. Relevant experience in this sector is an advantage.

A typical workday
- At the start of the day, you screen for material information about the companies that we are invested in and determine its impact. During your workday, you process data that gives further insights into our risk exposures and potential investment opportunities as well as create reports and work on (quantitative or sustainability) related material for various meetings with other departments within PGGM. You combine these tasks with performing fundamental analysis of companies under our coverage and assess whether they add value to our portfolio. You are actively involved in discussions with your team members about macroeconomic developments and portfolio positioning.Jouw afdeling binnen PGGM

PGGM

As an asset manager for pension funds, PGGM sees it as its mission to help people realize a prosperous future. Involvement in society and investing in a sustainable manner are key pillars to realize this ambition. From its office in Zeist, around 1.600 people at PGGM are working to provide millions of people with a valuable and sustainable pension.

The Credit cluster
- You will be working together with 19 colleagues in the Credit cluster, which currently manages around EUR 10 billion in corporate bonds, spread across the global credit universe. The team is very diverse, with international backgrounds, with communication in the team done in English. The team manages two mandates. The Global Sustainable Credit mandate invests in bonds and loans globally and is focused on both Investment Grade and High Yield companies. The Safe Credit mandate is focused on the Euro Investment Grade segment. Realizing a strong financial and sustainable return is our main goal and we analyze companies across three dimensions: return, risk and sustainability.Jouw achtergrond

We are looking for an ambitious and performance-driven team player. You enjoy analyzing financials, based on a bottom-up approach, and want to contribute to the performance of the portfolio. ESG and impact assessments have become an important part of this analysis. At the same time, you have a keen interest in the world around you and want to learn more about both micro
- and macroeconomic factors and how these impact the corporate bond market. You enjoy working closely with a team of dedicated colleagues and enjoy having lively discussions with them. Besides these qualifications, we would require the following attributes for this position:

- 1 to 4 years of investment experience, preferably with a focus on credit investments. Knowledge of Financials analysis or the High Yield market is an advantage.
- Master’s degree with a financial nature (e.g. finance and/or investments).
- Strong interest in financial markets.
- A CFA and/or VBA degree or the willingness to obtain such a degree.
- Analytical skills, attention to details, ability to carry out financial and business analyses and a critical mind.
- Pro-active, eager to learn and a flexible work attitude
- Fluent language and writing skills in English

Wat wij bieden

We reward our employees for their commitment and hard work and value a good work-life balance. It goes without saying that we would like you to continue your own personal development and offer you the tools to do so.
- A challenging role that requires strong quantitative, analytical and investment skills
- Depending on your level of prior experience a competitive salary.
- A 36 or 40 hour workfweek with flexibility in working hours and options



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