Buyside Credit Research

• Carry out in-depth credit analysis of IG and HY companies under coverage, including business, financial, and peer analysis in the North American market
• Building and updating credit models including KPI based projections, debt capital structure analysis, covenant analysis, distressed debt analysis and recovery analysis
• Knowledge of relative valuation analysis, 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 4-8 years in credit research/analysis.