Intermediate Analyst - High Yield/Leveraged Loans Public Asset Group

At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

Responsibilities:

The Intermediate Analyst will be expected to focus on the following:

• Perform quantitative and qualitative analysis to support the underwriting of potential investment opportunities through our proprietary credit process, which is anchored around building detailed company specific financial models and forecasts in addition to understanding business and industry drivers, competitive positioning, and management/equity sponsor strength; this is often on an accelerated time frame.
• Consistently affirming recommendations to Portfolio Managers that drive relative return performance as valuation shifts. For existing issues, this includes reviewing quarterly operating results, writing credit reviews and updates, updating financial models, reviewing fundamental and secular outlooks, and monitoring changes in prices and spreads.
• Contributing to the improvement of the overall investment process by continually exploring new ideas, processes and technologies that will benefit the group.
• Provide support for internal and external communications on an as-needed basis.
  

Challenges within the first 12 months:

The most significant challenges for the Intermediate Analyst for the first 12 months include:

• Learning our proprietary credit process.
• Integrating into our organization and culture.
• Establishing credibility with the Portfolio Managers and other asset teams within Allstate.
• Developing sufficient knowledge of current portfolio holdings to preserve strong. financial performance and seek attractive investment opportunities for the portfolios.

Educational Background:

• A bachelor's degree in accounting, finance, or economics with strong academic performance; MBA and/or CFA a plus.

Professional Background:

Experience:

• Three to five years of investment experience with a focus on leveraged credit.

Skills Required:

• Strong financial modeling skills coupled with a solid understanding of finance, economics and market cycles.
• Strong interpersonal skills and willingness to be a reliable team player, build trust and confidence. through collaboration with a wide range of internal and external colleagues.
• Ability to work independently; efficiently prioritize workstreams.
• Strong work ethic and communication skills.
• Advanced Excel skills, Bloomberg.
• Investment banking and/or formal credit training a plus.

Leadership Requirements and Personal Traits:

The successful candidate will be a change leader and manager. This individual must also have the following personal and professional attributes which are consistent with the Company's stated values:

• Thrive on change and continuous improvement.
• Demonstrate and foster a sense of urgency, strong commitment, and accountability while making sound decisions and achieving goals.
• Focus on exceptional customer service and drive innovation to create an atmosphere that supports new ideas and initiative.
• Strive for effective communication resulting in teamwork, shared knowledge, and ideas.
• Articulate, inspire, and engage commitment to a plan of action aligned with organizational mission and goals.
• Ensure the development of a diverse pool of talent to meet current and future organizational needs.
• Create an environment were people from diverse cultures and backgrounds work together effectively.
• Be of unquestionable integrity, ethical and moral character.
• Deal effectively with ambiguity, change, and adapt appropriately to a range of situations.
• Pursue lifelong learning and personal development.
• Be willing to adhere to the following to ensure adherence to Allstate Investments compliance requirements and policies:
• Provide the Investments Compliance team with a list of investment accounts over which you have significant influence.
• Provide consent, through a signed statement, allowing Investments Compliance to receive duplicate confirmations of transactions in such accounts.
• Pre-clear through the Pre-Trade Clearing Process any personal security trades as will be further described upon employment. The Pre-Trade Clearing Process involves a check against a restricted security/issuer list, maintained by Investments Compliance, based on Allstate Investments' and Allstate's activities and dealings in the financial markets.
• Answer certain compliance questions regarding any affiliations with investment advisers, violations of state or federal securities laws, or actions taken against you by securities regulators and annually confirm compliance with the Allstate Code of Ethics and the Allstate Investments Code of Conduct.
• Provide Investments Compliance with a complete report of their current securities holdings in which the employee has, or acquires, any direct or indirect beneficial ownership. An employee is presumed to be a beneficial owner of securities that are held by his or her immediate "family members" sharing the individual's household. Household family members include married or common-law spouses, domestic partners, partners defined by civil union and resident dependent children.

Skills

Compensation

The candidate(s) offered this position will be required to submit to a background investigation.

Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.

You'll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we've proven that Allstate empowers everyone to lead, drive change and give back where they work and live.

Good Hands. Greater Together.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

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