About The Position
The Global High Yield Credit / Research Analyst role is an integral part of the High Yield & Bank Loan investing team. The Analyst will be responsible for analyzing companies that operate across a range of sectors/sub-sectors. Duties include performing sector and company due diligence, modeling/forecasting company financials, and preparing/presenting high yield bond and leveraged loan recommendations. Ongoing maintenance research entails monitoring and reporting on an assigned coverage list, assessing risk/return and relative value, and identifying/presenting new investment opportunities across a broad range of credit strategies. A successful candidate must demonstrate a commitment to a team-oriented culture and possess a natural inquisitiveness and enthusiasm for investment research. Strong financial modeling, advanced written/verbal communication skills, and an ability to apply a critical thinking mindset, are key attributes needed to be successful.
Requirements
- 5+ years’ experience in research, investment management, or investment banking
- Must have Research / Credit Analyst experience
- Demonstrable interest in, and commitment to, investment research
- Sound accounting background, strong financial modeling skills, and knowledge of capital structure
- Strong social and communication skills (oral and written) and willingness to work in a team environment
Nice To Haves
- Prior High Yield and/or Leveraged Loan investing experience
- Advanced credit analytical skills – including detailed covenant analysis
- Stressed/distressed credit investing and workout experience
- MBA and/or CFA study (at any level)
Responsibilities
- Establishing analytical frameworks to review sectors/industries
- Analyzing high yield and leveraged loan issuers across a range of sector/industries, via financial modeling, accounting review, interaction with management teams and sell-side analysts, and the assessment of company/management communications and third-party research
- Assessing the relative value of high yield bond and leveraged loan investment opportunities through the analysis and interpretation of sector trends, market drivers, regulatory risks, issuer strengths/weaknesses, capital structure considerations, financial projections, comparative company analysis, and legal/covenant structure considerations
- Recommending investments across a range of portfolios (e.g. differing risk appetites, restrictions on currencies/countries, ESG mandates, etc.) and updating/defending recommendations with Investment Committee team members across the globe through both oral and written research communications
- Performing ongoing due diligence, self-monitoring of portfolio positions and key credits, and pushing periodic updates in a timely fashion
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
