Vice President, Fixed Income Research - Liberty Mutual Investments

Liberty Mutual Investments; Boston (MA); On-site; USD 180,000 - 240,000; Full time

Job summary

Liberty Mutual Investments in Boston seeks a Vice President to join the Public Leveraged Finance Research team, owning coverage across HY, Leveraged Loans, and Private Credit. You will generate alpha with PMs and traders, using both top-down and bottom-up analysis.

You will apply AI to accelerate due diligence, interpret market shifts, and support portfolio decisions. This role requires 7+ years of leveraged finance experience and strong communication skills.

Qualifications

• 7+ years of experience as an analyst making investment recommendations.
• Demonstrated expertise in leveraged finance across public and private markets.
• Effective written and verbal communication with multiple stakeholders.
• Leadership in applying AI to research while maintaining governance.

Responsibilities

• Provide deep analytical information and high conviction investment recommendations across HY, Leveraged Loans, and Private Credit.
• Own coverage areas including credit selection, sector expertise, and positioning.
• Collaborate with Portfolio Managers and traders to generate alpha through timely views.
• Interpret market developments and implications for coverage universe and portfolio.
• Contribute to portfolio outperformance through security selection and sector positioning.
• Engage borrowers, advisors, and consultants in due diligence activities.
• Assess risk-return trade-offs in primary and secondary markets.
• Leverage AI to accelerate research and surveillance workflows and generate insights.
• Produce investment recommendations to PMs, Director of Research, and Investment Committees.
• Adopt a One Team/One Portfolio approach in decision-making.

Skills

Leveraged finance

Credit analysis

Communication

Leadership

AI in research

Education

Bachelor's in Finance

MBA / CFA preferred

Tools

AI tools (Claude)

Job description

Description

Liberty Mutual Investments (LMI) is the investment firm for Liberty Mutual Group (Liberty) andis responsible for powering Liberty’s strategy amid profound change in global capital markets. With deep expertise in fixed income, equity, and alternative strategies, LMI invests $120+ billion as of 12/31/2025 of capital globally, taking a long-term approach across its integrated platform and has a team of over 350 investment, finance, and operations professionals located in Boston, MA, and New York, NY.

LMI has a clear purpose: build enduring businesses side-by-side with our partners, drive economic growth, and generate superior risk-adjusted returns that power Liberty’s strategy and secure its promises. We offer the best of both worlds — the look and feel of a boutique investment firm with the reputation and financial strength of a global leader. As the investment firm of a mutual with long-term capital, LMI has a single client mandate. This gives us the freedom to focus on what we do best.

Our portfolio spans a broad spectrum of public and private investments, and we are committed to expanding our capabilities and our toolkit in support of our mission. We invest across diverse asset classes, financial structures, and industries, including real estate, digital infrastructure, healthcare, renewable energy, and technology—with the aim of creating value and powering innovation. We pride ourselves on our extensive network of mutually beneficial partnerships, and we use our substantial influence, capital, and energy to drive towards a better future #LMI.

The Position

LMI is seeking a talented Vice President to join the Research team within our Public Leveraged Finance Research Team. Our team has an accomplished track record over years of generating performance through bottoms up fundamental research and benefits from a single client mandate. The opportunity is to have full ownership of coverage areas and contribute directly to the portfolio’s performance while working across the organization on the success of different asset classes as well.

Responsibilities

• Act as a sector expert working independently to provide deep analytical information and high conviction investment recommendations using a combination of top-down sector views and bottom-up fundamental analysis across High Yield, Leveraged Loans and Private Credit.
• Ownership of coverage areas including underwriting credit selection, sector expertise, RV, and positioning.
• Working independently and in close collaboration with Portfolio Managers and traders, generating alpha through differentiated views, timely recommendations, and active industry positioning across HY bonds and broadly syndicated loans.
• Provide timely interpretation of market developments and implications for coverage universe and portfolio.
• Contribute positively to portfolio outperformance through security selection, sector positioning, and structuring.
• Engage with external parties, including borrowers, advisors, and consultants, in execution of due diligence activities.
• Clear ability to calibrate and evaluate relative and absolute risk return trade-offs in primary and secondary markets.
• Leverage AI and large language model tools (e.g., Claude) to accelerate research, due diligence, and portfolio surveillance workflows—synthesizing filings, transcripts, and rating agency materials—and to generate novel analytical insights that sharpen credit recommendations and relative value views.
• Produce investment recommendations to Portfolio Managers, Director of Research, Research Team Members, and related Investment Committees.
• Maintain a One Team/One Portfolio approach to investment decision-making, leveraging diverse perspectives to identify and pursue investment opportunities that align with overall portfolio objectives.

Qualifications

• Exhibit intellectual curiosity about global markets, asset classes, our organization and industry.
• Demonstrated deep leveraged finance credit expertise; preferably across both public and private markets with a successful history in HY and Leveraged Loans.
• Effective and concise communicator, both written and verbally, with multiple stakeholders including portfolio managers, investment committees, and senior management.
• 7+ yrs experience as an analyst making successful investment recommendations.
• Collaborate generously within and across teams, building strong trusting relationships and interacting productively with a broad group of colleagues and investors at all levels.
• Demonstrates leadership in utilizing AI to enhance speed, accuracy, and insight generation while maintaining sound judgment and compliance with governance standards.
• Bachelors degree and relevant experience in global fixed income, MBA & CFA preferred.

About Us

At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco

Pay Philosophy

Compensation offered is based off several factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.