Credit Analyst, High Yield

Mason Blake Limited; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

Mason Blake Limited seeks a Credit Analyst to join its Global Credit team. The role focuses on high yield and leveraged loans, conducting bottom-up research and developing differentiated investment views to support portfolio decisions across global markets.

You will assess business models, earnings quality, leverage and capital structures, translate research into actionable investment views, and collaborate with portfolio managers to challenge assumptions and share insights across the platform.

Qualifications

• Approximately 3–5 years of relevant corporate credit experience.
• Ability to translate detailed fundamental research into a clear and actionable investment view.
• Curiosity about what drives changes in credit quality, valuation and market pricing.
• Strong written and verbal communication skills.
• Strong academic credentials.
• Analytical and collaborative mindset.

Responsibilities

• Conduct detailed bottom-up research on high yield and leveraged corporate borrowers across global markets.
• Assess business models, earnings quality, leverage, liquidity, cash generation and capital structures.
• Identify mispriced credit through fundamental analysis, relative-value work and assessment of market technicals.
• Develop clear investment theses and communicate risks, catalysts and potential downside associated with individual issuers.
• Follow portfolio companies closely and update views as financial, operational and market conditions evolve.
• Monitor sectors, macroeconomic developments, regulation and other factors influencing credit outcomes.
• Participate in meetings and calls with management, advisers and other market participants, preparing focused questions and follow-up analysis.
• Work alongside portfolio managers and other members of the credit team to challenge assumptions and refine investment conclusions.
• Share research, market observations and investment ideas with colleagues across the broader platform.

Skills

Corporate credit experience

Strong communication

Analytical mindset

Research to investment view

Collaborative mindset

Education

Strong academic credentials

Job description

A leading asset management firm is seeking to hire a Credit Analyst to join the Global Credit team. The strategy invests across the credit spectrum, with a particular focus on high yield and leveraged loans. The successful candidate will play an active role in assessing corporate credit opportunities, developing differentiated investment views and supporting portfolio decisions across global markets.

Responsibilities

• Conducting detailed bottom-up research on high yield and leveraged corporate borrowers across global markets
• Assessing business models, competitive positioning, earnings quality, leverage, liquidity, cash generation and capital structures
• Identifying mispriced credit through fundamental analysis, relative-value work and assessment of market technicals
• Developing clear investment theses and communicating the key risks, catalysts and potential downside associated with individual issuers
• Following portfolio companies closely and updating views as financial, operational and market conditions evolve
• Monitoring sectors, macroeconomic developments, regulation and other factors capable of influencing credit outcomes
• Participating in meetings and calls with company management, advisers and other market participants, preparing focused questions and follow-up analysis
• Working alongside portfolio managers and other members of the credit team to challenge assumptions and refine investment conclusions
• Sharing research, market observations and investment ideas with colleagues across the broader platform

Candidate Requirements

• Approximately 3-5 years of relevant corporate credit experience, ideally gained within a respected buy-side investment team, although strong sell-side credit research experience will also be considered
• The ability to translate detailed fundamental research into a clear and actionable investment view
• Curiosity about what drives changes in credit quality, valuation and market pricing
• Strong written and verbal communication skills, with the confidence to articulate and defend an investment view
• Strong academic credentials and a demonstrable commitment to developing as an investor
• An analytical and collaborative mindset, with the humility to challenge your own conclusions and learn from both successful and unsuccessful investment decisions

Mason Blake is an equal opportunities employer and welcomes applications regardless of sex, marital status, ethnic origin, sexual orientation, religious belief or age.