Buyside Credit - Lead Analyst

Job Description/summary:

We are seeking an experienced analyst to join our global buy-side credit research team, supporting a leading investment firm. As a key member of the team, you will conduct in-depth credit analysis and undertake portfolio monitoring tasks on IG and HY portfolios. The candidate should be well versed in assessing both corporates and financial institutions, hold hands on experience in building robust financial models, and prepare comprehensive credit reports. The ideal candidate should have strong understanding of fixed income concepts, credit and covenant assessment, and  strong technical writing skills.

KEY ROLES & RESPONSIBILITIES

• Carry out in-depth credit analysis of IG and HY companies under coverage, including business, financial, and peer analysis. The candidate should be well versed with covering both corporate and financial institutions.
• Building and updating credit models including KPI based projections, debt capital structure analysis, assessing covenants, and maintaining understanding of recovery analysis
• Knowledge of relative valuation, drafting opinion-based bond recommendations will be an added advantage
• Preparing credit reports (annual/quarterly reviews), writing initiations and preparing concise earning notes for assigned coverage.
• The role requires regular surveillance of the assigned portfolio by proactively tracking the company events (including quarterly earnings, regulatory updates), peer group and other industry information sources.
• Quickly develop understanding of the diverse sectors operating models and key financial metrics relevant to generate investment opinion.
• Excellent written and verbal communication skills for daily interaction with portfolio managers to proactively and independently discuss assigned credits.
• Stay updated on industry trends, economic conditions and regulatory changes.
• Work experience in working on HY and DD will be added advantage.
• Knowledge of data sources such as Bloomberg, S&P Capital IQ

FUNCTIONAL & BEHAVIOURAL KNOWLEDGE

• Background in conducting credit analysis of Corporates/Financial institutions.
• Strong understanding of credit principles, credit review/appraisal, credit rating, report writing, capital structure, EBITDA and ratio analysis. Knowledge of credit rating methodologies will be desirable.
• Strong quantitative skills are essential given the job also requires building and updating detailed financial models.
• Detail-oriented, with a keen interest in financial markets. Keen interest to take a deep dive into credit analysis.
• Able to work under pressure and tight deadlines.
• Should be capable of multi-tasking and handling projects with tight deadlines.
• Ability to think and work independently.

MINIMUM & PREFERRED EDUCATION

• MBA (Finance) from reputed institute / CA / CFA is essential
• Progress towards CFA (US) would be preferred

MINIMUM & PREFERRED EXPERIENCE / SKILLS

• Prior experience of minimum 7-9 years in credit research/analysis.

LOCATION

• Pune/Mumbai