Monitor single name corporate credit situations in North America across performing and opportunistic strategy in both leveraged loan and high yield markets
Perform investment research, including:
Building financial models with KPI driven Revenue models, Cost drivers, Working capital analysis, Capex schedule, Capital Structure forecast, Covenant analysis, Default Recovery workouts and IRR sensitivities;
Term Sheet preparation from credit agreements and bond indentures
Drafting Investment Memos including identification of investment catalysts and provide recommendations on high yield bonds/loans, including fundamental and relative value views for primary and secondary trades
Presenting the primary/secondary deals to the investment committee.
Have full-ownership of the deal and monitoring its constant performance against benchmark bonds.
Maintain portfolio coverage including model updates and earning summary write-ups, while maintaining regular news on the portfolio
Qualifications:
MBA or equivalent in Finance /CFA/CA Minimum of 4-5 years of buy-side or sell-side experience covering single name corporate credit in high yield markets, across Leveraged Loans and/or Bonds asset classes
Proficiency in building extensive financials models with 3-statement forecast (all interlinked) and developing base and downside cases
Experience in writing Investment Memos covering primary and secondary trades
Generalist with good sector exposure in any of TMT, Healthcare, Autos, Manufacturing, Oil Gas sectors
Proficiency in using Databases Portfolio Asset Management Systems- Bloomberg, CapIQ, FactSet, Syndication sites, Everest, eFront
Ability to work under pressure and deliver high-quality research in a timely manner
