Analyst, Credit Research

CVS Health•Hartford, CT

1d•$67,980 - $135,960•Onsite

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. The overall mission of Investment Management is to actively manage Investment Portfolios (Health, Group Insurance and Large Case Pensions) in a manner that is prudent and consistent with preserving the Company’s capital while maximizing investment income and total return relative to internal benchmarks within appropriate business, legal, economic, capital markets and regulatory constraints. Candidate will provide general support for the Credit Research department, including helping with fundamental credit analysis, data gathering, financial modeling and ad hoc jobs within the department. Support the preparation of timely, written analyses on individual credits, sectors, or events. Follow credit markets and assist in analyzing portfolio performance. Ideal candidate will be skilled with Excel and other data management/AI tools. This is an excellent opportunity for an early-career professional to gain hands-on exposure to corporate credit analysis, portfolio strategy, and capital markets while working alongside experienced analysts and portfolio managers. The role offers a strong foundation for a long-term career in credit research and fixed income investing.

Requirements

Skilled with Excel and other data management/AI tools.
Fundamental credit analysis
Data gathering
Financial modeling
Written analyses on individual credits, sectors, or events
Follow credit markets
Analyzing portfolio performance

Nice To Haves

Early-career professional

Responsibilities

Assist senior analysts in conducting fundamental credit analysis across IG and HY corporate issuers, including financial statement review, covenant analysis, and peer benchmarking.
Build and maintain company-level financial models, including projections, leverage and coverage metrics, liquidity analysis, and recovery scenarios.
Track earnings releases, rating agency actions, new issue activity, M&A, and other corporate events; summarize key takeaways for the team.
Contribute to daily IG and HY credit market meeting prep, including spread movements, new issue calendars, and sector news.
Maintain internal databases, credit dashboards, and sector tracking tools; ensure accuracy and timeliness of inputs.
Draft concise credit summaries, earnings recaps, and issuer notes for internal distribution to portfolio managers.
Support thematic research, sector deep-dives, and special projects as directed by senior team members.