Associate Taxable Research Analyst

GW&K Investment Management, LLC; Boston (MA); Hybrid; USD 90,000 - 115,000; Full time

Job summary

GW&K Investment Management, LLC in Boston seeks an Associate Taxable Research Analyst to support the taxable fixed income team through credit research, financial analysis, and issuer surveillance. You will work with senior analysts, PMs and traders to evaluate risk and contribute to investment recommendations.

As you grow, you’ll take on deeper coverage responsibilities and help integrate data, automation, and AI into the research process in a hybrid office setting (4 days in, 1 day remote

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Statistics, or related field.
• 1-3 years of corporate credit research or related experience.
• CFA charter holder or progress toward CFA preferred.
• Familiarity with corporate credit markets and financial statement analysis.
• Strong analytical and problem-solving skills.
• Detail-oriented, proactive with ability to manage multiple priorities.
• Collaborative team player within a process-driven investment team.
• Strong tech aptitude, interest in AI/data automation for research.
• Proficiency in Excel; experience building financial models.
• Experience with Bloomberg, FactSet, Capital IQ.
• Experience with Python, SQL, Power BI, Power Automate, VBA.

Responsibilities

• Conduct fundamental credit analysis of corporate issuers including business models and financial performance.
• Support senior analysts with earnings analysis and review of filings and rating reports.
• Build and maintain models covering cash flow, leverage, liquidity and downside scenarios.
• Develop concise credit opinions and relative value views for investment decisions.
• Evaluate relative value across issuers, sectors, ratings and capital structure.
• Monitor issuers/sectors for developments and support surveillance and thesis reviews.
• Participate in evaluation of new bond issues with timely issuer analysis.

Skills

Credit analysis

Financial modeling

Analytical thinking

Problem solving

Team collaboration

AI in research

Excel proficiency

Bloomberg/FactSet

Python/SQL

Power BI

Education

Bachelor’s degree in Finance/Accounting/Economics/Mathematics/Statistics

CFA designation (preferred)

Tools

Microsoft Excel

Bloomberg

FactSet

Capital IQ

Python

SQL

Power BI

Power Automate

VBA

Job description

The Associate Taxable Research Analyst supports the firm’s taxable fixed income investment team through fundamental research, financial analysis, relative-value assessment, and ongoing surveillance of corporate issuers. Working with senior analysts, portfolio managers, and traders, the analyst will evaluate issuer and industry fundamentals, identify key risks, and contribute to actionable investment recommendations.

As the associate analyst develops deeper industry knowledge, analytical capability, and investment judgment, the role is expected to progress toward more dedicated and independent coverage responsibilities.

Responsibilities

• Conduct fundamental credit analysis of corporate issuers, including assessment of business models, competitive positioning, industry conditions, financial performance, capital structure, liquidity, and downside risks.
• Support senior analysts’ broader sector and issuer coverage through earnings analysis, industry research, review of company filings and rating‑agency reports, and preparation for issuer and management meetings.
• Build and maintain financial models covering operating performance, cash flow, leverage, liquidity, debt‑service capacity, and downside scenarios.
• Develop and communicate concise, well‑supported credit opinions, relative value views, and investment recommendations addressing issuer fundamentals, key risks, catalysts, and valuation.
• Evaluate relative value across issuers, sectors, ratings, maturities, and portions of the capital structure using spread, yield, total‑return, and risk‑adjusted frameworks.
• Monitor issuers and sectors for material developments and support portfolio surveillance, watch‑list maintenance, and ongoing investment‑thesis reviews.
• Participate in the evaluation of new bond issues and provide timely analysis of issuer credit quality, transaction structure, pricing, and relative value.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Statistics, or a related field.
• 1-3 years of relevant experience in corporate credit research, fixed income, leveraged finance, commercial or investment banking, rating‑agency analysis, or a related role with demonstrated exposure to corporate credit analysis.
• CFA charter holder or progress toward the CFA designation preferred.
• Familiarity with corporate credit markets, including financial statement analysis, cash flow, leverage, liquidity, capital structure, credit ratings, spreads, and downside risk.
• Demonstrated analytical, problem‑solving skills, and technical skills with ability to form, clearly communicate, and provide well‑supported conclusions.
• Detail‑oriented, accountable, and proactive, with the ability to manage multiple priorities in a fast‑paced environment and assume increasing responsibility over time.
• Collaborative mindset and ability to work effectively within a team‑oriented investment process.
• Strong technical aptitude and demonstrated interest in applying technology, data, automation, and generative AI to enhance investment research, analytical processes, and team workflows. Familiarity with generative AI tools and their use in research, data analysis, and workflow enhancement is strongly preferred.
• Proficiency in Microsoft Excel and experience building or maintaining financial models.
• Familiarity with Bloomberg, FactSet, Capital IQ, or comparable financial‑data and research platforms preferred.
• Experience with Python, SQL, Power BI, Power Automate, VBA, or similar programming, data‑analysis, or workflow‑automation tools preferred.

This role is based in our Boston office on a hybrid schedule - 4 days per week in‑office, 1 day per week remote.

The actual base salary is dependent on several variables including but not limited to education, experience, skills, and geography. In addition, GW&K employees may be eligible for a discretionary bonus and/or commission, which is based on a number of factors, including individual and firm performance.

Base Salary Range

$90,000-$115,000 USD

About GW&K

GW&K is a growing and dynamic investment management firm that is always looking for talented, hard‑working, team‑oriented individuals. We are interested in people that fit GW&K’s unique and highly collaborative culture.

The people who work at GW&K are the backbone of our firm. Everything we do from our mission to help our clients achieve their investment objectives, to building and sustaining a diverse, equitable, and inclusive culture is achieved because of the dedicated, talented, collaborative people who work here.

GW&K provides comprehensive benefits that are designed to meet the long‑term needs of our employees and their families. Along with competitive compensation packages, we offer health and dental care coverage, employer‑matched 401k, tuition reimbursement, parental leave and a variety of other benefits that support a healthy work/life balance in a hybrid environment.

GW&K Investment Management is an equal opportunity employer and provides equal employment opportunities to all associates and applicants for employment without regard to gender, race, color, national origin, ancestry, pregnancy, marital status, religion, age, disability, veteran status, sexual orientation, genetic information, or any other characteristic protected under applicable federal, state or local laws.