Private Credit Analyst

Voya Financial•Atlanta, GA

17h

About The Position

Voya Investment Management is seeking a motivated credit analyst to support its Investment Grade Private Credit team. The position is primarily responsible for monitoring a portfolio of investment-grade private credit investments and also assists in evaluating new investment opportunities. The analyst evaluates and monitors corporate and infrastructure credit, forms and documents credit opinions and internal ratings, assesses transaction pricing and relative value, and prepares and presents investment recommendations. The role involves working with borrowers, management teams, transaction counterparties, internal legal partners, senior staff, and committees. It also includes maintaining portfolio records and completing ad hoc client, portfolio-management, and administrative requests while adhering to Voya Investment Management and departmental policies.

Requirements

Bachelor’s degree.
At least 2 years of corporate credit experience.
Excellent credit skills, including the ability to assess the quality and expected future performance of corporate credits and infrastructure projects.
Familiarity and experience with loan documents and covenant packages.
Advanced understanding of Excel and strong modeling capabilities.
Excellent written and oral presentation skills.
Solid foundation in accounting standards and ability to navigate and analyze financial statements.
Ability to engage constructively with transaction counterparties and other stakeholders.
Intellectual curiosity and ability to self-motivate in a fast-paced environment.
Ability to manage available time effectively while handling multiple workstreams.
Team-player attitude and interest in supporting peers and colleagues.

Nice To Haves

CFA designation, pursuit of the CFA designation, or equivalent.
Exposure to private or public bond markets.

Responsibilities

Analyze borrowing entities and investment characteristics by reviewing offering materials, conducting independent research and analysis, and engaging with management teams and their agents.
Form and justify an independent view of transaction credit quality and assign internal ratings.
Collaborate with the internal legal team to evaluate and negotiate key transaction terms.
Assess pricing and relative value as part of investment recommendations.
Prepare and present investment memoranda and supporting materials, and present conclusions and recommendations to senior leadership and relevant committees.
Conduct further due diligence through discussions with company management and, where appropriate, on-site facility visits.
Monitor the credit quality, financial performance, and debt-covenant compliance of an assigned portfolio of private credit assets.
Maintain communication with borrowers to understand business performance and outlook and foster relationships where appropriate.
Organize and maintain portfolio records, including deal files, updates to Voya’s credit monitoring application, and periodic credit-performance summaries.
Maintain internal ratings for each investment and document rating-change recommendations in conjunction with senior staff.
Review amendment and waiver requests with the internal legal team and make recommendations to senior staff.
Respond to ad hoc requests, including client questions, portfolio-management needs, and portfolio-related administrative items.
Adhere to Voya Investment Management and departmental policies.

Benefits

Health insurance
Dental insurance
Vision insurance
Life insurance
401(k) savings plan with company matching contributions up to 6%
Employer-paid Voya Retirement Plan cash-balance benefit of 4%
Tuition reimbursement up to $5,250 per year
20 days of paid time off
Nine paid company holidays
Flexible Diversity Celebration Day
40 hours of paid volunteer time per calendar year
Incentive opportunities, which may include annual cash incentives, sales incentives, and/or long-term incentives, depending on the role