Credit Analyst

Point One - Hedge Fund Talent; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Point One - Hedge Fund Talent is seeking an experienced Credit Analyst to join a Portfolio Manager focused on corporate credit investing. The role offers exposure to idea generation, risk management and portfolio construction in a dynamic, results-driven environment.

You will conduct fundamental research across high-yield and investment-grade credits, develop theses, and communicate actionable investment ideas with clear risk-reward profiles. Based in New York or Connecticut.

Qualifications

• Demonstrable buy-side credit research experience.
• Strong experience in high-yield or investment-grade corporate credit analysis.
• Ability to generate actionable investment ideas with defined risk-reward.
• Excellent fundamental research, financial modeling and valuation capabilities.
• Understanding of capital structures, covenant analysis and downside protection.

Responsibilities

• Conduct fundamental credit research across high-yield and investment-grade bonds and related instruments.
• Develop independent investment theses with detailed financial, industry and capital structure analysis.
• Identify long and short opportunities across corporate credit markets.
• Build and maintain financial, valuation and recovery models.
• Evaluate company fundamentals, liquidity, leverage, covenants and downside risks.
• Monitor portfolio positions and report material developments to the PM.
• Engage with management teams, industry experts, analysts and market participants.
• Present clear, well-supported investment recommendations and portfolio insights.
• Contribute to portfolio construction discussions and risk assessment processes.
• Maintain disciplined idea generation and performance attribution.

Skills

Buy-side credit research

High-yield / IG credit

Actionable ideas with risk-reward

Fundamental research & modeling

Capital structures & covenants

Relative value across sectors

Intellectual curiosity & judgement

Collaboration with PM

Clear communication

Passion for credit markets

Job description

A leading global multi-strategy investment firm is seeking an experienced Credit Analyst to join a well-established Portfolio Manager focused on corporate credit investing.

The Portfolio Manager manages capital within a highly analytical, research-driven investment platform and is looking to add a talented buy-side investor capable of generating differentiated research and actionable investment ideas across the credit spectrum.

This is an opportunity to work closely with a senior investor in a dynamic, performance-focused environment, with significant exposure to portfolio construction, idea generation and risk management.

Key Responsibilities

• Conduct fundamental credit research across high-yield and investment-grade bonds, as well as related credit instruments.
• Develop independent investment theses supported by detailed financial, industry and capital structure analysis.
• Identify and recommend compelling long and short investment opportunities across corporate credit markets.
• Build and maintain financial, valuation and recovery models.
• Evaluate company fundamentals, liquidity profiles, leverage metrics, covenant structures and downside risks.
• Monitor existing portfolio positions and communicate material developments to the Portfolio Manager.
• Engage with company management teams, industry experts, sell-side analysts and other market participants.
• Present clear, well-supported investment recommendations and portfolio insights.
• Contribute to portfolio construction discussions and risk assessment processes.
• Maintain a disciplined approach to idea generation, position monitoring and performance attribution.

Candidate Profile

• Demonstrable buy-side credit research experience.
• Strong experience analysing and investing in either high-yield or investment-grade corporate credit.
• A proven ability to generate actionable investment ideas with clearly defined risk-reward characteristics.
• Excellent fundamental research, financial modelling and valuation capabilities.
• Strong understanding of capital structures, credit documentation, covenant analysis and downside protection.
• Ability to assess relative value opportunities across sectors, issuers and capital structures.
• Intellectual curiosity, sound judgement and a disciplined investment process.
• Strong collaboration skills and the ability to work effectively alongside a Portfolio Manager.
• Clear written and verbal communication skills with confidence presenting investment ideas.
• A genuine passion for financial markets and credit investing.

Location

The successful candidate will be based in New York or Connecticut.