About Invesco
As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.
What’s in it for you?
Our people are at the ver y core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
Flexible paid time off
Hybrid work schedule
401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
Health & wellbeing benefits
Parental Leave benefits
Employee stock purchase plan
Job Description
About the Department/Team:
The Invesco Structured Investments team manages a wide range of strategies to support the broader Invesco Fixed Income platform. Its mandate spans the residential and commercial agency and non-agency mortgage-backed securities sectors, asset-backed securities sectors, and related private asset-backed loan markets, with the goal of delivering best-in-class investment performance for clients. The team manages approximately $44 bn USD across a variety of strategies including mutual funds, ETFs, institutional separately managed accounts, and an Agency-focused mortgage REIT.
About the Role:
The Analyst will serve as a key member of the team responsible for evaluating, selecting and positioning public and private asset-backed investments across Invesco-managed products.
Responsibilities of the Role:
Collaborate with portfolio managers and other analysts on a variety of public and private asset-backed finance investment strategies managed by the Structured Investments team, including mutual funds, exchange-traded funds and institutional accounts
Understanding of asset-backed underwriting fundamentals including, but not limited to, conducting loan and bond cash flow modeling
Underwrite public ABS and private asset-backed finance investments including consumer loans and 4a2 structures
Conduct market research and assist senior team members in formulating an investment outlook
Utilize excel, general-purpose programming languages and artificial intelligence to conduct monthly credit surveillance/monitoring
Employ a relative value-oriented mindset when assessing cross-sector asset allocation opportunities across the universe of public and private structured products (ABS, CMBS, MBS, asset-backed loans and mortgage-backed loans) as well as other fixed income sectors
Develop meaningful relationships with loan originators and sell-side contacts to help facilitate deal flow and best execution on investment acquisitions
Interact with broader Structured Investments analysts to better understand underwriting, internal rating processes and sector nuances
Assist in the formulation and communication of trade ideas for the broader Invesco Fixed Income platform to generate potential alpha for the wider set of investment teams
Periodically interact with current or prospective retail and institutional investors
Draft periodic investment commentary for both internal and external audiences
Commercialize asset-backed investment capabilities through product development and marketing efforts
Requirements for the Role:
2-5 years of experience in underwriting asset-backed securities or private asset-backed finance investments across a variety of collateral types (e.g., credit cards, autos, student loans, whole business, aircraft, container, data center, fiber optic, etc.)
Familiarity with Intex and Bloomberg
Strong knowledge of Microsoft Office, including Excel and PowerPoint
Python and VBA programming skills are a plus
CFA charterholder or pursuit thereof preferred
Preferred Skills & Attributes:
Humble, client centric focus - we are fiduciaries of our clients’…