Associate, U.S. High Yield Bonds, 2026

Company: Oaktree Capital Management
Location: Los Angeles
Posted on: April 1, 2026

Job Description:

Oaktree is a leader among global investment managers specializing in alternative investments, with more than $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,400 employees and offices in more than 25 cities worldwide. We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture. Oaktree is seeking an associate to work within the U.S. High Yield Bonds Group for a 2-year program. The Associate will participate in all transaction functions and portfolio management activities. Responsibilities Preparing detailed financial modeling; Performing quantitative and qualitative analysis; Developing and maintaining business and industry due diligence; Participating in deal structuring, legal documentation and negotiations; and Monitoring the performance of existing portfolio investments Qualifications 2-3 years experience as an analyst with a top investment bank within merchant banking or leveraged finance. Outstanding financial modeling and analytical skills Demonstrated competency in financial statement analysis, business valuation, accounting and finance Attributes The successful candidate will have outstanding initiative and a strong work ethic; The candidate must have excellent written and verbal communication skills; and He/She will be team-oriented and must possess strong integrity and professionalism Education Bachelor’s degree with honors from a top university or college Base Salary Range $150,000 - $160,000 In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education. Equal Opportunity Employment Policy Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources. For positions based in Los Angeles For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.

Keywords: Oaktree Capital Management, San Marcos , Associate, U.S. High Yield Bonds, 2026, Accounting, Auditing , Los Angeles, California