Associate High Yield Credit Analyst - Hybrid
About The Position
Symetra has an exciting opportunity to join our team as an Associate High Yield Credit Analyst! The Associate Credit Analyst role requires 1-3 years of experience preferably in credit research, equity research, investment banking or private equity. The Associate Credit Analyst will be an integral member of the High Yield and Bank Loan group in SIM. The team invests in high yield bonds and bank loans. The Associate Credit Analyst will work closely with senior analysts on the team to develop the necessary skillset to perform extensive fundamental credit analysis, and advance to being responsible for single name views and sector coverage on corporate issuers in the US High Yield and Leveraged Loan markets. The ideal candidate is self-motivated, intellectually curious, enjoys an innovative and collaborative environment, has a basic understanding of investment concepts with excellent analytical, writing, communication and computer skills. CFA is a plus. This is a hybrid work role based in Farmington, Connecticut (2 days in office).
Requirements
- BA/BS required. Open to working toward CFA designation
- Candidate will have 1-3 years of experience preferably in credit research, equity research, investment banking or private equity
- Analytical, quantitative and basic financial modeling skills
- Good communication skills, both written and verbal
- Detail oriented with good organizational skills
- Excellent computer skills and proficient in Microsoft Excel, PowerPoint and Word. Familiarity with Bloomberg a plus
- Interest in and ability to work collaboratively and collegially both within a team and across various teams within a broader investment organization
- High school diploma required
- This is a remote role with required travel to the Farmington, CT office twice a week
- Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.
- Minimum Internet Speed:100 Mbps download and 20 Mbps upload, in alignment with the FCC's definition of "broadband."
- Internet Type:Fiber, Cable (e.g., Comcast, Spectrum), or DSL.
- Not Permissible:Satellite (e.g., Starlink), cellular broadband (hotspot or otherwise), any other wireless technology, or wired dial-up.
Nice To Haves
- CFA is a plus
- Familiarity with Bloomberg a plus
Responsibilities
- Evaluating company fundamentals and industry trends, key operating metrics, business quality, competitive positioning, and valuation
- Developing investment theses and recommendations on single names, working with portfolio managers to monitor and rebalance the portfolios
- Identifying investment ideas across a company’s capital structure on primary and secondary opportunities
- Writing research reports on single names and identifying sector trends and outlooks
- Performing due diligence on corporate borrowers including analyzing credit agreements, attending management meetings with corporate borrowers, investment banks and other company stakeholders as required
- Talk directly with members of issuers’ management team as part of due diligence process
- Work directly with the portfolio managers, trader and other analysts on the team and within the organization
- Develop relationships with sell-side counterparts and network with industry peers
Benefits
- Hybrid telecommuting arrangements
- Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
- Give back to your community and double your impact through our company matching
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
