Asset Backed Securities Analyst

About Janus Henderson

A career at Janus Henderson is more than a job—it's about investing in a brighter future together. Our mission is to help clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service. We protect and grow our core business, amplify our strengths, and diversify where we have the right. Our values guide everything we do: Clients Come First - Always; Execution Supersedes Intention; Together We Win; Diversity Improves Results; Truth Builds Trust.

Your opportunity

In this role, you will support portfolio managers and the securitized products investment team by providing analysis, insights, and investment recommendations across the capital stack, with a primary focus on Asset‑Backed Securities (ABS). Covered sectors include autos, equipment, data centers, and a range of esoteric ABS, requiring deep sector expertise and strong structured‑finance analytics. The role focuses on identifying risk‑adjusted investment opportunities in both Total Return and High Income portfolios. The position also offers opportunities to contribute to the development, launch, and management of new ABS strategies across public and private markets.

What you will do

• Act as a Securitized Products analyst with a primary focus on ABS, while maintaining the ability to evaluate opportunities across other securitized sectors as needed.
• Generate and communicate investment recommendations focused on attractive risk‑adjusted returns, income generation, and capital preservation.
• Analyze and articulate key drivers of return, including carry, duration, volatility, liquidity, optionality, and credit/default risk.
• Perform detailed cash‑flow, structural, and scenario analysis using industry‑standard tools (e.g., Intex and Bloomberg).
• Build, maintain, and monitor relative‑value and sector models, updating assumptions and outputs on an ongoing basis.
• Partner with internal risk and analytics teams to develop, monitor, and refine securitized‑portfolio risk measures and reporting tools.
• Conduct ongoing portfolio surveillance and performance monitoring for existing holdings.
• Carry out other duties as assigned.

What to expect when you join our firm

• Hybrid working and reasonable accommodations
• Generous holiday policies
• Paid volunteer time to step away from your desk and into the community
• Support to grow through professional development courses, tuition/qualification reimbursement, and more
• Maternal/paternal leave benefits and family services
• Complimentary Headspace mindfulness app
• Corporate membership to ClassPass and other health and well‑being benefits
• Unique employee events and programs, including a 14er challenge
• Complimentary beverages, snacks, and all‑employee Happy Hours

Must have skills

• Bachelor’s degree required.
• Strong analytical and financial modeling skills, including structured‑finance cash‑flow and scenario analysis.
• Proficiency in Excel, Bloomberg, and Intex.
• Working knowledge of programming or scripting (e.g., Python, SQL, VBA) used for data analysis, automation, or portfolio surveillance.
• Solid understanding of fixed income markets, structured products, and credit analysis.
• Ability to work independently while collaborating effectively within a team.
• Strong attention to detail and ability to synthesize large volumes of information quickly.
• Commitment to building and supporting the investment platform.

Nice to have skills

• Post‑graduate degree (MBA) and CFA and/or CPA helpful
• Strong creativity, initiative, and drive
• Strong verbal and written communication skills; ability to communicate articulately, concisely, and persuasively
• Strong interpersonal skills with the ability to build relationships internally and externally

Investment areas

Has responsibility for supporting portfolios that are covered by the Fixed Income research team.

Supervisory responsibilities

No

Potential for growth

• Mentoring
• Leadership development programs
• Regular training
• Career development services
• Continuing education courses

Compensation information

The base salary range for this position is $90,000–$110,000. This range is an estimate for this role; actual pay may differ. The position will be open through July 31, 2026.

Legal notices

Colorado law requires an estimated closing date for job postings. Please don’t be discouraged from applying if you see this date has passed. Janus Henderson Investors is an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. All applications are subject to background checks.

Janus Henderson (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses not supported by an employee’s job functions. You should be willing to adhere to the provisions of our Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements, including past political contributions and political activities. You will be expected to understand the regulatory obligations of the firm and abide by the regulated entity requirements and JHI policies applicable to your role.

Application details

If you need reasonable accommodations during our recruitment process, please contact recruiter@janushenderson.com.

Job identifiers

#LI-CH2 #LI-Hybrid

Annual bonus

Position may be eligible for an annual discretionary bonus award from the profit pool. Individual bonuses are determined based on company, department, team, and individual performance.

Benefits

Janus Henderson offers a comprehensive total rewards package, including competitive compensation, pension/retirement plans, and health, wellbeing, and lifestyle benefits. For more information, visit the Why Join Us section on the career page.