- 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.
