Job Description:
Job Description
The credit analyst supports the CLO funds of UK based Asset Manager with identifying investment opportunities and monitoring existing portfolio of European Leveraged Loans. The role involves thorough due diligence of industry and company fundamentals of various loan investments across multiple industries and making investment recommendations. This job requires working closely with client developing investment memorandum, credit analysis and relative value recommendations.
Key Responsibilities:
Job Description
The credit analyst supports the CLO funds of UK based Asset Manager with identifying investment opportunities and monitoring existing portfolio of European Leveraged Loans. The role involves thorough due diligence of industry and company fundamentals of various loan investments across multiple industries and making investment recommendations. This job requires working closely with client developing investment memorandum, credit analysis and relative value recommendations.
Key Responsibilities:
- Perform quantitative and qualitative analysis to support the underwriting of potential investment opportunities and involves
- Evaluating primary and secondary deals which include preparing an investment proposal highlighting company & industry overview, credit risks & mitigants and investment rationale.
- Building detailed financial model for the company including historical operating & financial metrics, projections with detailed revenue drivers and cost assumptions, capital structure analysis, de-leveraging potential based on forecasted free cash flows, distressed scenario analysis, recovery analysis, relative value comparables and yield calculations.
- Term sheet analysis, understanding of covenants, special situations like waivers & amendments and summarising indentures/senior facilities agreement.
- Presenting the investment opportunity to the committee consisting of Research Analyst, Portfolio Managers and Risk Officers.
- For existing portfolio, evaluating quarterly financial performance, writing earning flash reports, developing and updating financial models, tracking waiver & amendments and reviewing key industry issues & events.
- Periodic review of portfolio by active management of existing positions, suggesting switches/increase or decrease of exposure along with entry/exit levels.
Qualifications:
Our most successful candidates will have:
Requirement
- MBA or equivalent education with finance concentration
- Minimum experience of [3 years – for junior or new addition/ 5 years for senior replacement] within a financial services organisation (or equivalent role in outsourcing organisation)
- Generally strong familiarity with MS Office products
- Strong quantitative skills
- Strong attention to detail
- Good time management and demonstrated ability to perform under time pressure and to prioritize to handle multiple assignments
- Strong communication skills (written and spoken English)
- Independent thinker with good organizational skills
- Demonstrated critical reasoning ability
- Database experience: Bloomberg, CapIQ, Thompson Reuters, Syndication Websites others
Source link
