Credit Analyst (Investment Grade)

Point One - Hedge Fund Talent; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

Point One - Hedge Fund Talent is recruiting an Investment Grade Credit Analyst for a leading global multi-strategy investment firm. Based in New York, you will work closely with a senior Portfolio Manager on corporate credit strategy and generate differentiated, investable ideas.

You will perform fundamental IG credit research, build valuation and credit models, and assess capital structure, liquidity and rating implications to support actionable recommendations and risk-aware portfolio

Qualifications

• Proven buy-side Investment Grade credit research experience.
• Strong ability to generate actionable Investment Grade ideas with clear risk-reward.
• Excellent fundamental research, modelling, and valuation capabilities.

Responsibilities

• Conduct fundamental credit research on Investment Grade corporate bonds.
• Develop theses supported by issuer analysis, financials and capital structure.
• Identify long and short Investment Grade opportunities with relative value.
• Assess issuer quality, liquidity, leverage and cash flow.
• Build financial and credit models to support decisions.
• Monitor positions and communicate market and credit updates.
• Present investment ideas and portfolio insights to the Portfolio Manager.
• Contribute to portfolio construction, sizing, hedging and risk assessment.

Skills

Buy-side research

Investment Grade credit

Financial modelling

Credit analysis

Idea generation

Portfolio construction

Risk management

Communication

Job description

A leading global multi-strategy investment firm is seeking an experienced Investment Grade 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 with a dedicated focus on Investment Grade corporate credit, capable of generating differentiated research and actionable investment ideas.

This is an opportunity to work closely with a senior investor in a dynamic, performance-focused environment, with significant exposure to fundamental credit research, relative value, portfolio construction, idea generation and risk management across Investment Grade corporate credit markets.

Key Responsibilities

• Conduct fundamental credit research focused exclusively on Investment Grade corporate bonds and related credit instruments.
• Develop independent investment theses supported by detailed financial, industry, issuer and capital structure analysis.
• Identify and recommend compelling long and short Investment Grade credit opportunities, with a focus on relative value and risk-adjusted returns.
• Assess issuer credit quality, business fundamentals, financial performance, liquidity, leverage, cash flow generation and balance sheet strength.
• Analyse credit spreads, curves, maturities, ratings, capital structures and relative value across issuers and sectors.
• Build and maintain detailed financial, valuation and credit models to support investment decisions.
• Evaluate potential ratings migration, refinancing requirements, liquidity risks and fundamental credit deterioration or improvement.
• Monitor existing portfolio positions and communicate material fundamental, market and credit developments to the Portfolio Manager.
• Identify catalysts and dislocations that may create attractive opportunities within Investment Grade credit markets.
• Engage with company management teams, industry experts, sell-side analysts, ratings agencies and other market participants.
• Present clear, well-supported investment recommendations and portfolio insights to the Portfolio Manager.
• Contribute to portfolio construction discussions, position sizing, hedging and risk assessment.
• Maintain a disciplined approach to idea generation, position monitoring, relative-value analysis and performance attribution.

Candidate Profile

• Demonstrable buy-side Investment Grade credit research and/or investment experience.
• Strong experience analysing and investing in Investment Grade corporate credit.
• A proven ability to generate actionable Investment Grade credit ideas with clearly defined risk-reward characteristics.
• Excellent fundamental research, financial modelling, credit analysis and valuation capabilities.
• Strong understanding of Investment Grade credit markets, issuer fundamentals, capital structures, ratings methodologies and credit documentation.
• Ability to assess relative value across sectors, issuers, maturities, curves and capital structures.
• Strong understanding of credit spreads, duration, spread duration, liquidity and the key drivers of Investment Grade bond performance.
• Ability to identify and assess potential upgrade/downgrade risks, fundamental inflection points and changes in credit quality.
• 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 and research conclusions.
• A genuine passion for Investment Grade credit and fundamental fixed-income investing.

Location

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