Corporate Credit Research Analyst

PPM America • Chicago, IL

5d

About The Position

PPM America, Inc. (PPM) is a US-based institutional asset manager established in Chicago in 1990. PPM is dedicated to consistently supporting institutional clients in achieving their long-term value goals through a hard work, straight talk, full transparency, and humility approach. The firm fosters a team-based culture that encourages debate, collaboration, and consistency, believing that the best ideas can originate from any team member. PPM's success is demonstrated by strong client and employee retention, and the company was recognized as one of the Best Places to Work in Money Management by Pensions & Investments in 2024. PPM attracts professionals who exhibit humbleness, directness, and dedication, guided by values that shape internal conduct and relationships with investors, affiliates, and partners. The firm is passionate about giving back to clients, colleagues, and the community, recognizing the importance of community and purpose in career choices. PPM's values are reinforced daily through acting like owners, integrity, sound judgment, passion for investment performance, driving results, providing best-in-class service, building strong client relationships, transparency, accountability, and operating as a team. They value differences and unique perspectives, embracing the idea that great ideas can come from anyone. PPM embraces change, challenges the status quo for better solutions, and values learning, self-challenge, and motivating others. The firm is also committed to positively impacting the community through investing time, experience, and fundraising efforts with non-profit partners, offering volunteer opportunities for employees to support causes important to them. The benefits offered reflect PPM's commitment to supporting employees' personal and professional lives, in collaboration with their parent company.

Requirements

• Ability to analyze companies and industries by reviewing a high volume of information – e.g., financial statements, company presentations and third party research reports – with the judgment to identify the most relevant areas for further investigation
• Familiarity with financial statements and the ability to quickly build accurate Excel financial models
• Strong written and verbal presentation skills with an appreciation of the value of succinct, clear writing
• Track record of professional and academic achievement with intellectual curiosity and a passion for financial and industry analysis
• Personal characteristics such as resourcefulness, self-motivation, discipline and comfort forming an original opinion
• Bachelor's Degree - Distinguished academic record with an undergraduate Degree in Finance, Accounting and/or Economics is required.
• 1-3 years of post-undergraduate work experience in finance, accounting or consulting related fields is required.

Nice To Haves

• Previous work conducting original research and communicating the results in writing is preferred.
• Direct exposure to investing or credit training is preferred.
• Interest in or progression toward a CFA is preferred.

Responsibilities

• Quantitative and qualitative credit analysis of the holdings in PPM's portfolios and research of new investment ideas
• Preparation of written reports for new investments and ongoing monitoring of investments
• Verbal presentations to senior management and other professional staff at PPM America
• Support work for senior credit analysts on various projects, including industry research, analytics and automation of various reporting

Benefits

• Volunteer opportunities to get involved with a diverse network of peers and support the causes that are important to you.
• Competitive salary and bonus
• Medical, dental and vision coverage
• For eligible employees, $2 for $1 matching on 401k contributions, up to a max matching contribution of 12% of your eligible compensation.
• Tuition and professional certification reimbursement
• Paid parental leave
• Adoption assistance
• Holidays and paid time off
• Paid time off to volunteer

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level