Accounting, Business Administration, Cash Flow Projection, Chartered Financial Analyst (CFA), Communication Skills, Competitive Analysis/Strategy, Computer Skills, Earnings Statements, Finance, Financial Analysis, Financial Modeling, Financial Services, Financial Statements, Fundamental Analysis, Industry/Trade Analysis, Industry/Trade Press, Investment Analysis, Investment Management, Microsoft Excel, Microsoft Word, Multitasking, Presentation/Verbal Skills, Regulations, Sales, Time Management, Willing to Travel, Writing Skills
POSITION TITLE: Associate Investment Analyst
DEPARTMENT: Fixed Income - High Yield
- POSITION SPECIFICATIONS:
- Bachelor's degree in business related field with accounting and finance courses required; MBA or CFA designation or significant progress toward is a plus
- Professional work experience in the financial services industry preferred
- Prior internship or work experience in an investment-related field and/or active participation in investment clubs and investment competitions a plus
- Demonstrated understanding of financial modeling, valuation and financial statements analysis required
- Willingness to collaborate with colleagues
- Excellent written and oral communication skills
- Advanced computer skills including proficiency with Microsoft Word and Excel, Bloomberg required
- Demonstrated record of exceptional ability to learn, accept challenges and take feedback
MAJOR DUTIES:
- Enthusiastically perform and maintain fundamental analysis on issuers to assess suitability of credits for inclusion in the portfolios. The investment analysis will include financial statement analysis, cash flow analysis, financial modeling, competitor analysis as well as assessment of industry, regulatory and macroeconomic trends
- Vigorously utilize fundamental analysis to formulate investment ideas and clearly articulate it to the portfolio managers, on a timely basis. This includes generating and communicating value-added buy, sell and hold recommendations on individual credits and other relevant information to the portfolio managers
- Perform research and remain apprised of company and industry trends. Sources include, but are not limited to, industry publications, public documents, annual reports, trade journals, interviews with management teams, and reviewing financial statements and earnings transcripts.
- Maintain accurate and timely documentation of all research performed
- Proactively participate in all research meetings
HOURS/LOCATION:
- 8:30 a.m. - 5:00 p.m. (Overtime as required)
- Pittsburgh, PA - hybrid work arrangements (in-office / remote)
EXPLANATORY COMMENTS:
- Demonstrated ability to multitask
- Occasional travel may be required
- COMMENCEMENT DATE: 04/14/2026
We are interested in qualified candidates who are eligible to work in the United States. However, we are not able to sponsor visas.
Federated Hermes is committed to providing equal employment opportunities in all aspects of employment to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex, pregnancy, sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any local, state or federal law applicable to Federated Hermes. As part of the firm's equal employment opportunity statement, Federated Hermes will also comply with applicable government contractor obligations, including ensuring veterans and qualified people with disabilities are considered for employment and promotional opportunities consistent with current federal, state and local laws and regulations. Federated Hermes will also make reasonable accommodations for the religious practices or beliefs of applicants and employees, as well as for mental health or physical disability needs.
To review Federated Hermes' California Privacy Notice go to https://www.federatedinvestors.com/corporate/careers.do and select CA Applicant Notice.