Credit Analyst

Overview

The Credit Research Analyst will contribute to the success of the fixed income team by providing fundamental investment research and analysis on individual corporate bond and leveraged loan issuers. The analyst will cover one or more industry sectors across the Investment Grade, High Yield and Leveraged Loan asset classes. The analyst will work closely with other research analysts, sector teams, portfolio managers and traders to lead the development of sector and asset class investment views and opportunities.

• Contribute to the success of the fixed income team by efficiently providing fundamental investment research and analysis on individual corporate bond and leveraged loan issuers.
• Recommend investment ideas within a relative and absolute value framework, factoring in expected risk-adjusted returns within capital structures and between companies in the same industry.
• Execute on the three pillars of credit research:
  Buy discipline, Surveillance, Sell discipline.
• Write credit summaries based on research with buy/sell/hold recommendations, build and maintain company financial models to support investment theses.
• Analyze financial results and perform valuation analysis.
• Interact with credit rating agencies, external research analysts, and other independent sources to obtain external views on individual industries and issuers.
• Self-starter with a strong sense of curiosity
• Strong analytical skills, with the ability to examine financial statements, macro factors and security/bond covenants and indentures
• Ability to quickly assess financial data and generate investment recommendations
• Skilled at synthesizing information from a wide range of sources and effectively conveying ideas to the broader fixed income team
• Strong communication skills—clear, concise and credible— to present our research process to clients and consultants
• Effective financial modeling, writing and presentation skills
• Ability to work in a highly collaborative environment
• Willingness to conduct travel as part of the investment research process

• 3-8 years of credit experience obtained in investment management or banking
• Bachelor’s degree
• CFA designation and/or MBA preferred
• Strong proficiency with Excel and Bloomberg

Please apply through the Pioneer Investments/Victory Capital website: