High Yield Analyst (Hedge Fund)

JR United Kingdom; City Of London; On-site; GBP 70,000 - 120,000; Full time

Job summary

A leading international hedge fund in London is seeking a Credit Research Analyst to join its dynamic investment team. This role focuses on high yield and stressed/distressed credit, and requires 5-10+ years of relevant experience. Candidates must demonstrate strong credit research experience and analytical skills, and should be comfortable engaging with management teams and industry experts.

Qualifications

• 5–10+ years in credit research/trading.
• Defined credit research experience on buy or sell side.
• Strong understanding of capital structures and covenants.

Responsibilities

• Conduct deep fundamental credit analysis on corporates.
• Monitor and interpret macroeconomic and market trends.
• Build and maintain detailed financial models.

Skills

Credit analysis

Macroeconomic analysis

Financial modeling

Investment ideas generation

Attention to detail

Job description

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High Yield Analyst (Hedge Fund), London (City of London)

Client:

Location:

London (City of London), United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

2

Posted:

16.06.2025

Expiry Date:

31.07.2025

Job Description:

We're delighted to be advising a leading highly-regarded international hedge fund on its 2025 global credit hiring. Our client is seeking a Credit Research Analyst to join its dynamic investment team. This is a wonderful opportunity to work directly with a talented L/S credit investment team in a fast-paced, performance-driven environment. The role will focus on investment grade, high yield, and stressed/distressed credit—across both cash bonds and CDS instruments.

Key Responsibilities:

• Conduct deep fundamental credit analysis on corporates across various sectors
• Monitor and interpret macroeconomic and market trends impacting credit markets
• Build and maintain detailed financial models and valuation frameworks
• Generate long and short investment ideas across the capital structure (IG, HY, liquid stressed/distressed)
• Engage with management teams, sell-side analysts, and industry experts
• Contribute to portfolio construction discussions and trade implementation
• Collaborate closely with traders, PMs, and other analysts across strategies

Ideal Candidate Profile:

• 5–10+ years of experience in credit research/trading, leveraged finance, or distressed investing
• Have defined credit research experience on either buy or sell side, at a leading bank or prominent fund
• Strong understanding of capital structures, covenants, and credit documentation.
• Proven ability to identify and articulate high-conviction investment ideas.
• Experience with CDS, bond trading dynamics, etc.
• Advanced financial modelling and analytical skills.
• Self-starter with a commercial mindset, attention to detail, and intellectual curiosity.