Associate Manager

Job Description:

Responsibilities

• 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:

Qualifications:

To succeed in this position, you must have:

• 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