Job Description

- Managing Credit Research engagements where the Analyst Team is involved in monitoring single name corporate credit situations in North America across performing and opportunistic strategy in both leveraged loan and high yield markets

As a part of the engagement team performs investment research, including:

- Building financial models with KPI driven Revenue models, Cost drivers, Working capital analysis, Capex schedule, Capital Structure forecast, Covenant analysis, Default & Recovery workouts and IRR sensitivities;

- Term Sheet preparation from credit agreements and bond indentures

- Drafting Investment Memos including identification of investment catalysts and provide recommendations on high yield bonds/loans, including fundamental and relative value views for primary and secondary trades

- Presenting the primary/secondary deals to the investment committee. Have full-ownership of the deal and monitoring its constant performance against benchmark bonds.

- Maintain portfolio coverage including model updates and earning summary write-ups, while maintaining regular news on the portfolio.

- Driving Systemic Quality mindset across teams, implement and maintain best research delivery practices.

- Work towards building strong client relationships, contribute to account farming ideas, and be a driver of engagement growth.

- Contribute towards building Credit Research Products and building subject matter expertise in existing and new asset classed under Fixed Income domain.

- Proactively support on set-up and design of New Client Engagements.

To succeed in this position, you must have:

- MBA or equivalent in Finance /CFA/CA

- Minimum of 7-10+ years of buy-side or sell-side experience covering single name corporate credit in high yield markets, across Leveraged Loans and/or Bonds asset classes, of which minimum 3 years of experience in delivery management roles managing a team of Analysts

- Proficiency in building extensive financials models with 3-statement forecast (all interlinked) and developing base and downside cases

- Experience in writing Investment Memos covering primary and secondary trades

- Generalist with good sector exposure in any of TMT, Healthcare, Autos, Manufacturing, Oil & Gas sectors

- Proficiency in using Databases & Portfolio Asset Management Systems- Bloomberg, CapIQ, FactSet, Syndication sites, Everest, eFront

- Ability to work under pressure and deliver high-quality research in a timely manner

- Prior record of having worked on competitive Pilots is a plus

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