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Junior Credit Analyst

  • Location

    London

  • Sector:

    Investment Management

  • Job type:

    Permanent

  • Salary:

    40000 - 45000

  • Job ref:

    1

  • Published:

    18 days ago

  • Expiry date:

    13-08-2021

  • Client:

    Pearl Diver Capital LLP

We are looking for a junior credit analyst to work within a small and dynamic Credit Team at Pearl Diver Capital. In this role, you will be required to have strong analytical credit skills combined with sound quantitative abilities. The successful candidate will be expected to work in the following areas:

 

  • Evaluate credit worthiness of individual large, medium and small cap companies and assign individual ratings
  • Underwrite CLO loan portfolios daily using our proprietary in-house system to produce credit assumptions for cash flow modelling
  • Monitoring of loan and HY credits in the US and Europe using company financial earnings reports and all available news services including Bloomberg, Debtwire, S&P , Moody’s and Thomson Reuters
  • Establish an understanding of the Leveraged Loan Market and its position within the CLO market
  • Update issuer commentary and credit default ratings in Portfolio Management System
  • Generate quarterly investor surveillance reports
  • Maintain the credit watchlist, add and remove issuers and insert commentary
  • Monitor trustee reports on a monthly basis to include:
    • Changes to CCC and default baskets
    • Monitoring price changes for CCC and defaulted assets
    • Description of asset purchases and sales
  • Produce weekly Watchlist report including credit commentary updates and additions and removals
  • Daily monitoring of primary issue, repricing, refinancing and recaps, completion of weekly report to establish market trends
  • Identify and then run individual research projects on the Loan Market
  • Work with and manipulate large databases of company financial and portfolio information
  • Capability in and/or aptitude to develop learning in a programming language/data analysis language