Associate Manager - Research
Core
Monitor single name corporate credit situations in North America across performing and opportunistic strategies in leveraged loan and high yield markets.
Role type
Associate Manager, High Yield Credit Research
Builds
Investment memos, financial models, and term sheets for primary and secondary trades
Domain
Financial Services / High Yield Credit
Required skills
Financial modeling (3-statement forecast, IRR sensitivities), Investment memo drafting, Covenant analysis, Credit agreement interpretation, Portfolio monitoring, Bloomberg/CapIQ/FactSet proficiency, Sector analysis (TMT, Healthcare, Autos, Manufacturing, Oil & Gas)
Preferred skills
CFA/CA designation, Buy-side or sell-side experience, Experience with default & recovery workouts
Technologies
Bloomberg, CapIQ, FactSet, Everest, eFront
Responsibilities
Build financial models with KPI-driven revenue and cost drivers; Prepare term sheets from credit agreements; Draft investment memos with catalyst identification; Present deals to the investment committee; Monitor portfolio performance and update models
Seniority
Mid-Senior, hands-on IC
