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Wellesley Asset Management, Inc.

Convertible Bond Research Analyst

Wellesley Asset Management, Inc., Portsmouth, New Hampshire, United States, 00215

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Position Overview

We are seeking a highly motivated and detail-oriented

Convertible Bond Research Analyst

to join our investment team. The ideal candidate will have strong analytical skills, a solid understanding of both equity and fixed income markets, and the ability to evaluate securities that combine characteristics of both asset classes. This role involves providing timely, data-driven insights on convertible securities to support portfolio managers in making informed investment decisions. Key Responsibilities

Conduct fundamental research and valuation of convertible bonds, including analysis of the underlying equity, credit quality, structure, and optionality. Analyze capital structures and assess relative value across the issuer’s debt, equity, and convertible instruments. Monitor industry trends, macroeconomic factors, and market conditions that impact convertible securities. Generate investment recommendations and clearly communicate findings through written reports and presentations. Collaborate with portfolio managers, traders, and other research analysts to identify opportunities and manage risk. Track and update a coverage universe of convertible bonds, maintaining accurate databases and research notes. Participate in management meetings, earnings calls, and industry conferences to gain insights into covered companies. Qualifications

Bachelor’s degree in Finance, Economics, Accounting, or a related field 2–5 years of experience in research, investment analysis, or a related role; prior exposure to convertible bonds or hybrid securities a plus. Strong financial modeling and valuation skills, with proficiency in Excel and Bloomberg (or similar platforms). Solid understanding of both equity and credit analysis techniques. Excellent written and verbal communication skills, with the ability to distill complex analysis into clear recommendations. Self-starter with intellectual curiosity, attention to detail, and the ability to work independently as well as in a team setting. CFA desired or progress towards certification What We Offer

Exposure to a unique asset class at the intersection of equity and fixed income. Opportunities to present investment ideas directly to portfolio managers. Professional development support, including CFA sponsorship. A collaborative and intellectually stimulating environment.

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