High Yield Credit Trading Analyst

High Yield Credit Trading Analyst (Entry Level / 0-3 Years Experience)Team/Pod: High Yield Credit TradingLocation: New YorkOverview:Join a collaborative High Yield Credit Trading desk as an analyst. The ideal candidate is motivated, detail-oriented, and passionate about credit research, modeling, and valuation. You will work directly with the portfolio manager and senior credit analysts, supporting investment decisions in public and private credit markets.Key Responsibilities:Build and maintain detailed, bottoms-up credit models (including forecasts, liquidity analysis, and capital structure) across a range of high yield issuersPerform deep-dive fundamental credit research and due diligence on companies, industries, and capital structuresMonitor company earnings, news, covenants, and other triggers impacting credit quality and valuationConduct relative value analysis across bonds, loans, CDS, and other credit instrumentsPrepare concise investment memos, research summaries, and regular reporting for the teamAssist with idea generation and trade structuring in response to market developmentsCollaborate with traders to track positions, risk exposures, and P&LCore Qualifications:Bachelor’s degree in Finance, Economics, Accounting, or a quantitative field (or expected graduation this year)1-3 years of internship or full-time experience—ideally in investment banking, credit research, or related fieldsStrong quantitative and financial modeling skills; must be comfortable building and maintaining detailed Excel-based modelsGenuine interest in credit markets, financial statements, and investment researchSolid understanding of basic valuation and credit metrics (leverage, coverage, liquidity)Excellent attention to detail, organizational skills, and ability to multitask under pressurePreferred Experience:Completion of a sell-side analyst campus recruiting program or analyst rotation is strongly preferredPrevious exposure to high yield or leveraged finance is a plusFamiliarity with Bloomberg, Capital IQ, or similar financial data platformsApplication Instructions:Please submit your resume and a brief cover letter—highlighting your relevant modeling or credit research experience.