Alpha Alternatives – Credit Analyst ALPHA ALTERNATIVES HOLDINGS PRIVATE LIMITED

The Corporate Institute; Hinoba-an; On-site; PHP 600,000 - 1,000,000; Full time

Job summary

The Corporate Institute is seeking a credit research professional to conduct in-depth fundamental credit analysis on corporate issuers, NBFCs, banks and structured issuers. The role includes reviewing financials, debt structures, management quality and sector positioning to assess credit risk.

You will develop and maintain credit models, monitor ratings, and prepare investment memos for portfolio managers and the investment committee to inform bond and credit decisions.

Qualifications

• Perform fundamental credit analysis on corporate issuers, NBFCs, banks and structured issuers, reviewing financial statements and debt structures.
• Assess creditworthiness across sectors and identify risks and opportunities in debt markets.
• Develop and maintain credit models, projections and scenario analyses to assess leverage and covenant compliance.

Responsibilities

• Prepare credit research reports, memos and risk assessments for portfolio managers and investment committee.
• Support trading in evaluation of new debt instruments and secondary market trades with timely credit opinions.
• Monitor ratings, actions, and credit outlooks and alert team to material developments.

Skills

Credit analysis

Financial modeling

Debt instruments

Scenario analysis

Tools

Excel

Job description

Conduct thorough fundamental credit analysis on corporate issuers, NBFCs, banks and structured issuers- including detailed review of financial statements, debt structures, business models, management quality, and sector positioning.

Evaluate creditworthiness of issuers across a broad range of sectors including infrastructure, real estate, manufacturing, financial services, and consumer-facing businesses, with a focus on identifying credit risks and opportunities in the debt market.

Develop and maintain detailed credit models, financial projections, and scenario analyses to assess debt serviceability, leverage trajectory, and covenant compliance across rated and unrated issuers.

Prepare comprehensive credit research reports, investment memos, and risk assessments for use by portfolio managers, traders, and the investment committee in making corporate bond and structured credit investment decisions.

Support the trading desk in evaluating new debt instruments, primary market opportunities, and secondary market credit trades – providing timely credit opinions on issuer risk, spread adequacy, and investment suitability.

Monitor credit ratings, rating actions, rating watch placements, and credit outlooks across the fixed income portfolio – proactively alerting the investment team to any deterioration in issuer credit quality or material events affecting the portfolio.

Track sector-level developments, regulatory changes, and macroeconomic trends – including RBI guidelines on NBFCs, SEBI regulations on bond markets, and sectoral stress events – that may impact the credit quality of issuers under coverage.

Conduct ongoing surveillance of issuers in the portfolio through quarterly earnings reviews, debt maturity analysis, liquidity position monitoring, and management communication tracking.

Liaise with credit rating agencies, intermediaries, and other participants to gather credit intelligence, obtain rating rationales, and stay informed on issuer-specific developments.

Assist in the development and maintenance of internal credit risk frameworks, issuer watch lists, and credit limit structures for the fixed income portfolio.

Work collaboratively with the Senior Macro Research Analyst to incorporate top-down macro and sectoral views into bottom-up credit assessments and investment recommendations.

Contribute to the firm’s internal credit research library – maintaining up-to-date credit profiles, financial models, and issuer databases across sectors and instrument types.

Support compliance and risk management teams in ensuring adherence to internal credit policies, concentration limits, and regulatory requirements across fixed income portfolios.