Analyst – Asset Backed Strategies (CLO and Credit Derivatives) - Financial Research

The D. E. Shaw group is a global investment and technology development firm with more than $65 billion in investment capital as of March 1, 2025, and offices in North America, Europe, and Asia. Since our founding in 1988, our firm has earned an international reputation for successful investing based on innovation, careful risk management, and the quality and depth of our staff. We have a significant presence in the world's capital markets, investing in a wide range of companies and financial instruments in both developed and developing economies.We are looking for a candidate to join our Asset Backed Strategies (ABS) team within our Financial Research group based in Bengaluru and Hyderabad, with a focus on liquid credit/collateralized loan obligations. The group works closely with the Global ABS front office to provide indepth analytical support to the investment research and decisionmaking processes of the firm’s proprietary investment activity in the ABS markets.

WHAT YOU'LL DO DAY-TO-DAY:

The role involves synthesizing market information across US and European credit markets to develop thematic research and sector analyses; conducting primary and secondary research on single-name credit opportunities relating to existing positions and new investment ideas; and performing ongoing due diligence and surveillance of liquid credit and CLO portfolios, preparing sector commentary, and contributing to market updates. You will support detailed discussions with traders by providing macroeconomic updates, quantitative analyses, and presenting data-driven insights and reasoning. Additionally, the role requires interpreting and analysing large datasets on securities, collateral, and sector performance to generate meaningful research and analysis, as well as developing expertise with vendor resources, third-party tools, and research to enhance the evaluation of liquid credit strategies.

WHO WE’RE LOOKING FOR:

Basic qualifications:

• A degree in finance or equivalent (Master of Business Administration/Chartered Financial Analyst) along with 1-3 years of experience
• Solid knowledge of fixed income research in credit derivatives and corporate credit / CLO space
• Excellent technical abilities in Python and SQL
• Proven track record of analyzing complex datasets and applying statistical models to derive insights
• Experience with working independently as well as collaboratively within a team
  

Preferred qualifications:

• Experience working with a fixed income strategy, either sell side or buy side
  

Interested candidates can apply through our website:
https://www.deshawindia.com/recruit/jobs/Adv/Link/AnlAsBackCLOJul25We encourage candidates with relevant experience looking to restart their careers after a break to apply for this position. Learn about Recommence, our gender-neutral return-to-work initiative.The Firm offers excellent benefits, a casual, collegial working environment, and an attractive compensation package. For further information about our recruitment process, including how applicant data will be processed, please visit https://www.deshawindia.com/careersMembers of the D. E. Shaw group do not discriminate in employment matters on the basis of sex, race, colour, caste, creed, religion, pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, or any other protected class.