Credit Investment Associate
OverviewCurrently partnered with a $75bn asset manager looking to expand their liquid credit research team. The role will support fundamental credit investing across leveraged loans and high yield bonds, working closely with senior PMs on idea generation, underwriting, and portfolio positioning.This is a core investing seat with meaningful exposure to both primary and secondary markets, within a fundamentally driven, sector-focused investment process.ResponsibilitiesPerform detailed fundamental credit analysis across software and broader TMT issuersUnderwrite new investment opportunities across leveraged loans and high yield bondsBuild and maintain models, including downside and stress scenariosWrite investment memos and present investment ideas to the ICConduct relative value analysis across issuers and capital structuresMonitor existing portfolio positions, including earnings updates, news flow, and market technicalsRequirements 2–3 years of experience in sell-side or buy-side credit researchDirect experience with leveraged loans and/or high yield bonds strongly preferredStrong financial modeling and credit underwriting skillsetAbility to assess capital structures, covenant packages, and downside risk