Lead Director, Credit Research

CVS Health

11d

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. Job Purpose and Summary The overall mission of Investment Management is to actively manage Investment Portfolios 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. Position Summary: Lead Director will be responsible for independently conducting comprehensive credit analysis and providing timely buy/sell/hold recommendations of corporate credits. Will be responsible for preparing timely, written analyses on individual credits, sectors, or events. Monitor global macro-economic conditions, broad sector performance expectations, yield curve expectations, internal/external business conditions, and market technicals. Provide in-depth knowledge, serve as internal sector expert, and maintain on-going dialogue with Investment Grade and High Yield portfolio managers on investment strategy in a collaborative team environment. May be responsible for mentoring, coaching, and assessing the performance of junior members of the analyst team.

Requirements

• Bachelor's Degree required; Master's degree or CFA preferred
• 10 or more years of investments experience
• Strong analytical and financial modeling skills
• Solid communication skills
• Undergraduate Studies in Finance, Investments, Accounting, Economics, or Mathematics

Responsibilities

• Independently conduct highly comprehensive credit research including corporate credit analysis, industry, structure, and country analysis.
• Conduct thorough analysis of corporate financial statements and assess relative value of security and company investment opportunities.
• Provide timely buy/sell/hold recommendations to Portfolio Managers, taking into account total exposure, maturity, and relative value considerations.
• Provide in-depth knowledge, serve as internal sector expert, and maintain on-going dialogue with Portfolio Managers on investment strategy in a collaborative team environment.
• Evaluate and interpret current or potential bond holdings relative to a portfolio strategy and recommend appropriate actions based on portfolio requirements.
• Evaluate corporate fundamentals and industry trends, key operating metrics, business quality, and competitive position incorporating sustainability factors in the overall analysis.
• Attend industry and company conferences, interacting when appropriate with corporate borrower management teams as part of ongoing due diligence process.
• Prepare timely, written analyses on individual credits, sectors, or events. Concisely presents facts, analyses, conclusions, and recommendations.
• Mentor, coach and assess the performance of junior members of the analyst team as appropriate.
• Maintain extensive relationships with contacts at rating agencies, Wall Street firms, and other outside sources to obtain external views on individual credits or industries.

Benefits

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees