Emerging Country Debt Analyst

Founded in 1977, GMO is a global investment manager committed to delivering superior long-term investment performance and advice to our clients. We offer investment strategies and solutions where we believe we are positioned to add the greatest value for our investors. These include multi-asset class, equity, fixed income and alternative offerings.

 

We manage approximately $78bn for a client base that includes many of the world’s most sophisticated institutions, financial intermediaries, and private clients. Industry-wide, we are well known for our focus on valuation-based investing, willingness to take bold positions when conditions warrant, and candid and academically rigorous thought leadership. Jeremy Grantham, GMO’s Co-Founder and Long-Term Investment Strategist, is renowned as an expert in identifying speculative investment bubbles and also as a leading climate investor and advocate.

 

GMO is privately owned and employs over 430 people worldwide. We are headquartered in Boston, with additional offices in Europe, Asia and Australia. Our company-wide culture emphasizes commitment to clients, intellectual curiosity, and open debate. We celebrate and respect our differences, while embracing and valuing what each of us brings to work, as we know that diverse teams in an inclusive, caring environment achieve higher engagement and better client results.

 

GMO’s Emerging Debt Team is a focused team that manages $9.5 billion in dedicated EMD AUM for a variety of clients (pension funds, endowments, sub advisory, etc).  It has a first-decile, 30-plus-year track record in managing hard currency strategies (EMBIG-D benchmark), and a first-decile 17-year track record in managing local currency strategy (GBI-EMGD benchmark).  It also manages a select set of bespoke mandates. 

The team is currently seeking an experienced sovereign credit analyst to join its 7-member group of portfolio managers and analysts. The sovereign credit team covers roughly 80 countries that span investment-grade, sub-investment grade, and defaulted countries. We are looking for a strong team player with a demonstrated passion for emerging markets economic and political analysis. It is imperative that the successful candidate have the initiative and ability to work independently, while collaborating with teammates within a small, collegial setting. 

This position is based in Boston.

The candidate will be expected to contribute to the team’s best-in-class alpha strategies by:

·         Working with the sovereign team to price relative country risk across the investment universe, using the team’s models and processes.

·         Providing input into improvements and enhancements to the sovereign credit models.

·         Contributing to default recovery analysis for countries in distress.

·         Sourcing and maintaining data necessary for the above.

·         Meeting with policymakers of countries in the investment universe, both virtually and in-person.

·         Working with corporate/quasi-sovereign analysts when necessary to provide a joint assessment of the likelihood of support. 

·         Assisting in analysis of emerging market currencies and local interest rate markets.

·         Responding to client requests for information and analysis on economic and financial developments.

 

GMO’s Emerging Debt Team is a focused team that manages $9.5 billion in dedicated EMD AUM for a variety of clients (pension funds, endowments, sub advisory, etc).  It has a first-decile, 30-plus-year track record in managing hard currency strategies (EMBIG-D benchmark), and a first-decile 17-year track record in managing local currency strategy (GBI-EMGD benchmark).  It also manages a select set of bespoke mandates. 

The team is currently seeking an experienced sovereign credit analyst to join its 7-member group of portfolio managers and analysts. The sovereign credit team covers roughly 80 countries that span investment-grade, sub-investment grade, and defaulted countries. We are looking for a strong team player with a demonstrated passion for emerging markets economic and political analysis. It is imperative that the successful candidate have the initiative and ability to work independently, while collaborating with teammates within a small, collegial setting. 

This position is based in Boston.

The candidate will be expected to contribute to the team’s best-in-class alpha strategies by:

·         Working with the sovereign team to price relative country risk across the investment universe, using the team’s models and processes.

·         Providing input into improvements and enhancements to the sovereign credit models.

·         Contributing to default recovery analysis for countries in distress.

·         Sourcing and maintaining data necessary for the above.

·         Meeting with policymakers of countries in the investment universe, both virtually and in-person.

·         Working with corporate/quasi-sovereign analysts when necessary to provide a joint assessment of the likelihood of support. 

·         Assisting in analysis of emerging market currencies and local interest rate markets.

·         Responding to client requests for information and analysis on economic and financial developments.