Steelhead Partners is a hedge fund manager located in Bellevue, Washington. Founded in 1996, we currently manage roughly $1 billion in client assets and have 13 employees. The firm offers two investment strategies to investors: a concentrated, contrarian, long-short equity strategy, and a strategy utilizing convertible securities.
As a growing organization, we recognize the importance of hiring top quality people and are looking for the very best to hire as a junior research analyst for our convertible bond portfolios. We provide an environment of dedication and excellence and we reward the achievement and commitment of our team members.
Research analysis (primary)
Company-level credit analysis
Conduct valuation research and provide risk measurement analysis
Track daily portfolio results and communicate with portfolio manager
Assist with systems and trade administration processes
Projects (possible examples)
Calculate portfolio statistics to assist in portfolio management and/or fundraising efforts
Research and implement risk management or analytical software
Implement or track other informational services
Bachelor’s degree or MBA in a related field (finance, quantitative, investment management, or accounting)
Strong spreadsheet-building skills required, additional technology skills are highly valued, such as database experience or model-building (ability to manage and manipulate data)
Proficiency in credit analysis and financial statement analysis
Position is highly quantitative in nature: a basic understanding of volatility, option valuation and hedging strategies is required
Ability to analyze and assess corporate and financial structures, covenants, interest rates and other terms; knowledge of current events/trends impacting business issues (e.g., tax law changes, macro-economic trends)
Strong desire to learn about sophisticated financial instruments and strategies from an experienced and highly successful portfolio manager
A self-motivated and entrepreneurial attitude
Attention to detail
Ability to think critically and objectively
Comfortable in a dynamic, unstructured environment
Excellent communication skills
About Steelhead Partners
Steelhead Partners, founded in 1996 and based in Bellevue, Washington, seeks to outperform the market using fundamental, balance-sheet-based analysis and an independent thought process to build portfolios. Our investment style is characterized by finding names that are out-of-favor and underfollowed by Wall Street; historically, this has consistently led us to opportunities with exceptional risk/reward profiles.
Our firm takes its name from an ocean-going trout found in the western United States. To return to their native fresh water streams, Steelhead must successfully swim against the current. This embodies our investing style. At Steelhead Partners, we will not allow ourselves to be swept along with the crowd. We avoid consensus thinking and believe our contrarian strategies will be highly rewarding to our long-term investors.