Corporate Credit Research Analyst, PPM

Jackson•Chicago, IL

2d•$80,000 - $95,000

About The Position

The Fixed Income Research team is comprised of intellectually curious, collaborative professionals who formulate investment ideas for inclusion in PPM’s wide range of debt-focused client portfolios. As sector experts, analysts assess the credit quality of companies and industries through qualitative and quantitative analysis by following news, analyzing financials, and speaking to industry experts. Analysts then evaluate trading levels of these companies’ debt instruments to formulate investment recommendations, collaborating with the firm’s traders and portfolio managers to implement these views into portfolios. The individual will join the Credit Analysis group as a member of the investment team for PPM's core portfolios of corporate bond and loans.

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
Performs other duties and/or projects as assigned