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Type of Role: Investments

Experience Level: Analyst/Associate

Location: Pittsburgh, Pennsylvania, United States

Salary: $k - $k

Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $669 billion of customer assets, as of Dec. 31, 2022. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.

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POSITION SPECIFICATIONS:

  • Bachelor’s degree in business related field with accounting courses required; MBA and/or CFA, IA highly preferred
  • 3 to 5 years of investment analysis experience required.  Exposure to High Yield credit, Leveraged Loans and/or Equities
  • Demonstrated understanding of financial modeling, valuation and financial statements analysis required
  • Willingness to collaborate with colleagues on evaluating issuer’s sustainability objectives
  • Excellent research knowledge, analysis and decision-making skills required
  • Excellent written and oral communication skills
  • Advanced computer skills including proficiency with Excel and Bloomberg required

MAJOR DUTIES:

  • Enthusiastically initiate, perform and maintain high-level fundamental analysis on issuers to assess suitability of credits for inclusion in the portfolios. The investment analysis will include financial statement analysis, financial modeling, competitor analysis as well as assessment of industry, regulatory and macroeconomic trends
  • Vigorously utilize fundamental analysis to formulate investment ideas and clearly articulate it to the portfolio managers, on a timely basis. This includes generating and diligently communicating value-added buy, sell and hold recommendations on individual credits and other relevant information to the portfolio managers
  • Independently and diligently seek research and remain apprised of company and industry trends. Sources include, but are not limited to, industry publications, public documents, annual reports, trade journals, interviews with management teams, and reviewing financial statements and earnings transcripts.
  • Maintain accurate and timely documentation of all research performed
  • Proactively participates in all research meetings

*Level of position will depend on experience level of candidate

 

HOURS/LOCATION:

  • 8:30 a.m. – 5:00 p.m. (Overtime as required)
  • Pittsburgh, PA – hybrid work arrangements (in-office / remote)

 

EXPLANATORY COMMENTS:

  • Demonstrated ability to multitask
  • Occasional travel may be required

 

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COMMENCEMENT DATE:  08/27/2026

We are interested in qualified candidates who are eligible to work in the United States. However, we are not able to sponsor visas.

Federated Hermes is committed to providing equal employment opportunities in all aspects of employment to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex, pregnancy, sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any local, state or federal law applicable to Federated Hermes. As part of the firm’s equal employment opportunity statement, Federated Hermes will also comply with applicable government contractor obligations, including ensuring veterans and qualified people with disabilities are considered for employment and promotional opportunities consistent with current federal, state and local laws and regulations. Federated Hermes will also make reasonable accommodations for the religious practices or beliefs of applicants and employees, as well as for mental health or physical disability needs.

To review Federated Hermes’ California Privacy Notice go to https://www.federatedinvestors.com/corporate/careers.do and select CA Applicant Notice.

 


Message from Allocator Jobs: To help prepare you for this role, take a look at the Institutional Allocator (IA) program from our partnership organization, the Allocator Training Institute. The IA program curriculum gives you a solid foundation of investing from the allocator’s perspective. You’ll learn how to evaluate investment managers, create an ‘endowment-model’ multi-asset class portfolio, and the quantitative tools necessary to succeed in the role. The three-part program can be completed in less than one year and exams are available every quarter-end month. This is the program that will help you start and then accelerate your allocator career. Reach out if you have any questions.