Principal - Underwriting/Research Lead
Core
Lead a team of analysts in credit research and maintain/initiate coverage on a portfolio of issuers to maximize return potential while evaluating credit quality.
Role type
Principal - Underwriting/Research Lead (Team Lead + Individual Contributor)
Builds
Investment Memos, detailed financial models with scenario analysis, and investment recommendations for IG/High Yield/Leveraged Loans.
Domain
Alternative Asset Management / Credit Research / Fixed Income
Required skills
Credit analysis, Financial modeling, Investment memo writing, Scenario analysis, Covenant analysis, IRR sensitivities, Valuation, Portfolio coverage management, Team leadership, Quality checks (QC), Bloomberg/CapIQ proficiency
Preferred skills
PE/Investment Banking experience, Equity research/FIG(M&A) background, Sector exposure (TMT, IT, Healthcare, Autos, Manufacturing, Oil & Gas, Chemical), Accounting expertise
Responsibilities
Manage Credit Research engagements for single name corporate credit situations; Build detailed financial models with KPI-driven projections and capital structure analysis; Prepare Investment Memos with investment catalysts and recommendations; Present primary/secondary deals to the investment committee; Maintain portfolio coverage with regular model updates and earning summaries; Train and check the work of younger analysts; Drive systemic quality mindset and best research delivery practices.
Seniority
Principal, hands-on IC with team leadership