High Yield Research
Core
Conduct fundamental credit research and financial modelling for European high yield issuers to produce investment views for institutional investors.
Role type
Associate credit analyst (high yield)
Builds
Published research reports, earnings updates, and new-issue analysis for institutional investors
Domain
European leveraged finance / High yield bonds
Required skills
Fundamental credit analysis, Financial modelling (EBITDA, FCF, liquidity), Capital structure analysis, Advanced Excel, Bloomberg/FactSet proficiency
Preferred skills
Experience in leveraged finance or investment banking, Understanding of high yield bonds and leveraged loans, AI tool proficiency
Responsibilities
Conduct fundamental credit analysis of European high yield issuers, Build and maintain detailed financial and credit models, Analyse capital structures and debt documentation, Contribute to published research including earnings updates and thematic reports, Develop relative-value analysis across issuers, Maintain robust databases ensuring research meets compliance standards
