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We are looking for

Credit Analyst - Leveraged Loans

Contract

Standard / Permanent

Location

US-NY-New York

Country

USA

Job function

FINANCIAL AND TECHNICAL EXPERTISE

Apply REF: BNP017071

In joining BNP Paribas Asset Management, you’ll be joining the investment management arm of BNP Paribas, one of the world’s major financial institutions. We are a leading provider of quality investment solutions for individual, corporate and institutional investors. Our teams understand that our investment decisions have the potential to make a difference to our clients’ lives and this is why we say: investing means the world to us. Join us to discover an inspiring place to work with a culture of excellence. With our comprehensive training and development opportunities you’ll have the chance to grow, while learning from and sharing with colleagues through open and transparent communication. Ultimately, we strive to satisfy our clients by consistently perfecting what we do daily in our pursuit of excellence.


Role Description and purpose


Individual will provide fundamental credit analysis while working closely with senior colleagues as part of the Global Loans Team in New York and Paris.  The appropriate candidate for this position will be interested in developing a career in fixed income investment management.

  

Key Responsibilities

 

  • Responsible for fundamental investment analysis of issuers in the US leveraged loans space.
  • Compose full credit write-ups and prepare financial models for new transactions.
  • Present analysis to credit committee, providing a comprehensive view on each investment opportunity.
  • Undertake ongoing critical monitoring of portfolio positions, including changes in views, using company and industry information and correspondence with corporate issuers and rating agencies.
  • Generate investment ideas and advise on timing for positions based on fundamental events and/or news flow.
  • Support development of junior team members, review credit work and provide feedback.
  • Ensure compliance with policies and procedures.
  • Maintain industry opinions and produce periodic reviews.

 

 

Key Internal and External Relationships    

        Internal Investment teams, Credit Analysts

        External Corporate issuers, rating agencies

 

 

 

 

 

   

  • Responsible for fundamental investment analysis of issuers in the US leveraged loans space.
  • Compose full credit write-ups and prepare financial models for new transactions.
  • Present analysis to credit committee, providing a comprehensive view on each investment opportunity.
  • Undertake ongoing critical monitoring of portfolio positions, including changes in views, using company and industry information and correspondence with corporate issuers and rating agencies.
  • Generate investment ideas and advise on timing for positions based on fundamental events and/or news flow.
  • Support development of junior team members, review credit work and provide feedback.
  • Ensure compliance with policies and procedures.
  • Maintain industry opinions and produce periodic reviews.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Role requirements : qualifications & experience

  • Minimum of 10-15 years of credit analysis experience.
  • In-depth understanding of fundamental credit analysis, including ability to research industry sectors, competitive position, financial statements and financial notes. Strong credit analysis skills particularly in company financial statement analysis.
  • Familiarity with modeling cyclical sectors through cycles. Experience should include intensive analysis of company financial reporting such as annual reports, 10K, 8K, 20F and quarterly/semiannual financial reports.
  • Must be comfortable with mathematical concepts and financial modeling, as well as accounting rules and procedures. Strong quantitative skills.
  • Advanced computer skills (Excel, PowerPoint and Word).
  • A Bachelor’s Degree in Business, Finance, Accounting or a related discipline.
  • CFA Charter holder preferred.
  • Experience working for US CLO Manager preferred.

 

 

 

Essential skills / competencies (Technical / Behavioural / Leadership)

  • Analytical skills: Identifies all aspects of a subject and examines them in a critical way to construct a broad point of view. Individual is driven by the desire to know more about things, peoples or events.
  • Ability to summarize: Identifies and presents key information. Gives his /her point of view by structuring and summing up all useful elements. Shows the ability to put things in perspective.
  • Results-Driven: Seeks to achieve the objectives set within the defined timeframe, by acting with tenacity, and by balancing costs and benefits. Continuously seeks optimum performance.
  • Teamwork: Knows how to work in a team and/or across teams, acts bearing common interests and respect for fellow team members.
  • Communication skills: Expresses his / her messages, both orally and in writing, in an effective, organized way, which is appropriate to the audience being addressed.

  

 

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

 

 

Contact: Jennifer McCaffrey

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary Location: US-NY-New York Job Type: Standard / Permanent Job: FINANCIAL AND TECHNICAL EXPERTISE Education Level: Bachelor Degree or equivalent (>= 3 years) Experience Level: At least 10 years Schedule: Full-time