MSIM Fixed Income- Floating Rate Loan Credit Analyst-VP

Morgan Stanley • Boston, MA

2d

About The Position

Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.7 trillion in assets under management or supervision as of June 30, 2025. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. Position Summary We are seeking an experienced Credit Analyst with 5–10 years of leveraged credit experience to join our credit research team. The successful candidate will conduct in-depth credit analysis of leveraged loan issuers and follow issuer and sector trends to support portfolio management decisions in the primary and secondary market. This role requires strong financial modeling skills, rigorous credit-risk assessment capabilities, and the ability to articulate credit views and recommendations in written memos and presentations.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
• 5–10 years of direct experience analyzing leveraged loans / syndicated credits / high-yield / leveraged finance transactions.
• Strong financial modeling skills, including building and maintaining cash flow models, valuation models and stress testing.
• Deep understanding of financial statements, accounting principles, credit metrics and ability to interpret qualitative factors including industry dynamics, business strategy and management strength.
• Strong written and verbal communication skills — capable of preparing credit memos, investment recommendations and presenting to investment committees and senior stakeholders.
• Prior experience with portfolio monitoring, relative-value analysis and trading desk collaboration.
• Familiarity with regulatory, compliance, and risk-management frameworks applicable to leveraged credit investments.
• Ability to work independently, manage multiple assignments and deadlines, and adapt to a dynamic market environment.
• Attention to detail, critical thinking, and sound judgment.
• Proficiency in Microsoft Excel, Bloomberg and/or other credit research tools.

Nice To Haves

• Advanced degree (e.g. MBA) or relevant certification (e.g. CFA) is a plus.

Responsibilities

• Perform fundamental credit analysis of companies issuing broadly syndicated floating-rate loans.
• Evaluate credit risk across quantitative, qualitative, structural and relative value factors.
• Build, maintain, and update detailed financial models with a focus on cash flow and valuation.
• Prepare and present written credit investment memos and recommendations for new investments, stressed situations and secondary opportunities.
• Track issuer performance against underwriting expectations, monitor credit quality and portfolio exposures on an ongoing basis, produce periodic updates and alert portfolio managers to emerging risks and opportunities.
• Analyze loan documentation and credit agreements (covenants, collateral structure, intercreditor terms, lien priority, security packages) to assess structural protections under different scenarios.
• Engage with management teams, private equity sponsors, debt-advisors, industry contacts, sell side desks and other stakeholders as necessary to perform due diligence, market / industry research and to source new loan investment opportunities.
• Collaborate with portfolio managers, traders, and senior investment professionals to communicate credit views, discuss investment ideas, and coordinate relative-value analysis across sectors and instruments.

What This Job Offers

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