Credit Analyst (Newfleet)

Virtus • Hartford, CT

76d • $108,000

About The Position

Our investment manager, Newfleet, is adding a corporate credit analyst, leveraged finance, to their team. The corporate credit analyst, leveraged finance, will perform fundamental credit analysis on below investment-grade corporate bond issuers including financial statement and industry analysis and risk identification. The analyst will also assist senior analysts in gathering research material, creating financial models, conducting relative value analysis and developing presentations. Over time, the analyst will be expected to be responsible for covering 50-60 issuers and two or three industry sectors and to make purchase and sale recommendations to portfolio management.

Requirements

• Undergraduate degree with a concentration in finance or business.
• 3-5 years of relevant experience in corporate security credit analysis, working for an investment manager with demonstrated financial market knowledge.
• Credit training, basic accounting background and financial statement analysis experience.
• Knowledge of macroeconomics and how economic events influence assigned industries and companies. Knowledge of debt and equity capital markets, and where applicable, commodity markets and their influence on industries and companies.
• Desire and ability to work both collaboratively as part of a team as well as independently.

Nice To Haves

• Progress toward obtaining a CFA is a plus.
• Excellent quantitative skills including demonstrable expertise using SQL is a plus.
• Working knowledge of Perform, Bloomberg, and/or other related analytical platforms is a plus including Excel API.

Responsibilities

• Monitor assigned credits for credit deterioration and idea generation.
• Perform security analysis on fixed income credits.
• Maintain knowledge of assigned industry sector and develop relative value opinions.
• Build and maintain relationships with investor contacts including sell-side traders and analysts, issuer contacts, and client contacts.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Number of Employees: 501-1,000 employees