Managing Credit Research engagements where the Analyst Team is involved in initiating / monitoring single name corporate credit situations in North America and / or Europe across performing and opportunistic strategy in both leveraged loan and high yield marketsAs part of the engagement the team performs investment research including :Building detailed financial models with KPI driven Revenue projections Cost drivers Working capital analysis Capex schedule Capital Structure analysis Covenant analysis Default & Recovery workouts and IRR sensitivities
- Term Sheet preparation from credit agreements and bond indentures
- Preparing 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 and clearly articulating your opinion. Take full ownership of the investment view and continuously monitor key developments affecting the issuers credit quality
- Maintain portfolio coverage including regular model updates and earning summary write-ups
- 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 classes under Fixed Income domain
- Proactively support on set-up and design of New Client Engagements
Qualifications :
To succeed in this position you must have :
- MBA or equivalent in Finance / CFA / CA
- Minimum of 10 years of buy-side or sell-side experience covering single name corporate credit in the high yield space across Leveraged Loans and / or Bonds of which minimum 3 years of experience in delivery management roles
- Excellent corporate credit analysis skills from a fundamental perspective
- Proficiency in building detailed financial models and preparing investment memos besides having excellent analytical skills
- Generalist with good sector exposure in any of TMT IT Healthcare Autos Manufacturing Oil & Gas Chemical 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 as per TAT agreed
Prior record of having worked on competitive Pilots will be an added advantage
Remote Work : No
Employment Type : Full-time
Key Skills
Quantitative Research,Spss,Clinical Research,Data Collection,Clinical Trials,Research Experience,Statistical Software,Survey Design,Qualitative Research,Market Research,Research & Development,Project Coordination
Experience : years
Vacancy : 1