High Yield Analyst – Associate/Vice President

Overview

In this buy-side role, you will analyze high yield bonds and related credit instruments to support NCRAM investment decisions. You join a 23-person team focused on European and global high yield, with potential to cover multiple sectors over time. You contribute to portfolio construction and capital-structure recommendations across NCRAM strategies. You will collaborate with investors, PMs and economists to translate research into actionable ideas. This is an opportunity to shape credit research in a leading financial services group and advance in a dynamic fixed income environment.

Responsibilities

• Conduct bottom-up research analyzing economic trends, industry dynamics, and financial statements
• Support Global and European High Yield portfolios by researching developed market corporate credits
• Over time, cover a variety of sectors to gain broad exposure to different companies
• Make investment recommendations for the full capital structure and NCRAM strategies

Key requirements

• Previous experience in high yield analysis or similar financial analysis
• Strong understanding of fixed income markets and economic research (bond math, risk, exposure)
• Awareness of active management of fixed income securities, particularly HY corporate bonds
• Strong academic qualifications
• Clear spoken and written communication skills for interaction with investors, PMs, economists, and analysts
• Backgrounds from investment banking or equity research encouraged

• Strong communication
• Team collaboration
• Adaptability
• High yield analysis
• Fixed income market knowledge
• Quantitative and qualitative bond analysis

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