Securitized Products Junior Trader/Analyst, Iabs/Eu Clo

Position SummaryThis position is based in TCW's London office and reports into the Co-Heads of Global Securitized Products on TCW's Fixed Income team.
This role requires working onsite at least four days a week.
The IABS/EU CLO research analyst/trader will join the broader Securitized team to focus on identifying and sourcing attractive investment opportunities for client portfolios, getting best-execution on sales and/or swaps as needed, and conducting broader portfolio and market surveillance.Essential DutiesBroader IABS/EU CLO credit work and trading:Help cover the IABS/EU CLO new issue and secondary markets, along with broader ABS/CLO teamHelp propose trade ideas and run bid lists, as neededHelp conduct ongoing surveillance on existing holdingsFor individual security selection, help conduct quantitative and qualitative analysis on loans and managers/issuers, including deal document review, price/yield analysis, historical collateral performance, rating agency publications, etc.
;Perform on-site diligence and coordinate banking and syndicate calls as needed.General market research:Help contribute to broader IABS/EU CLO market coverage and trends – including calls with Wall Street trading and banking, managers/issuers, etc.
and reviewing relevant research and dataRequired QualificationsBachelor's degree; minimum two years in IABS and/or EU CLO analysis and/or tradingIntex, Bloomberg and advanced MS ExcelExperience in Python, SQL, and/or VBAProfessional Skills QualificationsExcellent verbal and written communication skillsHighly motivated and resourceful with an excellent work ethic; entrepreneurial spiritDesired QualificationsEstimated Compensation:Base Salary: For London based position, the base salary range is £125k – £145k.
This represents base salary range only.Other Compensation: In addition to the base salary, this position will be eligible to be considered for an annual discretionary bonus.Benefits: Eligible for TCW's comprehensive benefits package.
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