Sr. Associate Credit Research

Overview Currently partnered with a $75bn asset manager looking to expand their liquid credit research team. The role will support fundamental credit investing across leveraged loans and high yield bonds, working closely with senior PMs on idea generation, underwriting, and portfolio positioning. This is a core investing seat with meaningful exposure to both primary and secondary markets, within a fundamentally driven, sector-focused investment process. Responsibilities
Perform fundamental credit analysis
Underwrite new investment opportunities across leveraged loans and high yield bonds
Build and maintain models, including downside and stress scenarios
Write investment memos and present investment ideas to the IC
Conduct relative value analysis across issuers and capital structures
Monitor existing portfolio positions, including earnings updates, news flow, and market technicals Requirements
~5 years experience in sell-side or buy-side credit research
Direct experience with leveraged loans and/or high yield bonds strongly preferred
Strong financial modeling and credit underwriting skillset
Ability to assess capital structures, covenant packages, and downside risk