Credit Research Analyst

PIMCO Europe Ltd.; New York (NY); On-site; USD 205,000 - 240,000; Full time

Job summary

An established industry player seeks a skilled Credit Research Analyst to join their New York office. In this pivotal role, you will analyze various industries and make investment recommendations to portfolio managers. Your expertise will help shape investment strategies by providing fundamental research and insights into credit opportunities. This innovative firm values collaboration and inclusivity, offering a dynamic environment where your contributions will directly impact investment decisions. If you are passionate about credit analysis and eager to drive successful investment ideas, this is the perfect opportunity for you.

Benefits

Medical, dental, and vision coverage

Life insurance and travel coverage

401(k) retirement savings

Flexible work arrangements

Parental leave and support

Employee assistance plan

Health club discounts

Educational reimbursement programs

Qualifications

• 5+ years in credit/equities research, strong local market knowledge.
• Proven ability in financial modeling and credit risk analysis.

Responsibilities

• Conduct fundamental research and generate credit investment ideas.
• Communicate investment ideas and support portfolio managers.

Skills

Credit Research

Financial Modeling

Communication Skills

Investment Analysis

Risk Assessment

Education

MBA

CFA

Job description

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

JOB DESCRIPTION

We are seeking an experienced Credit Research Analyst to work in our New York office. This analyst will cover Investment Grade and High Yield Emerging Market subsectors as a generalist. Credit Research Analysts analyze various industries and the companies within them and make investment recommendations to PIMCO’s portfolio managers located in all of our global offices. They also provide analytical support for the firm’s portfolio managers by highlighting risks and making investment recommendations on specific companies.

RESPONSIBILITIES

• Provide fundamental and relative value research on existing holdings and generate credit driven investment ideas specific to the sector
• Actively communicate investment ideas by initiating discussions with portfolio managers and participating in group meetings
• Understanding the macro/regional environment and having the ability to translate into model assumptions
• Support global desks on LatAm specific developments
• Produce written reports such as company evaluations and quarterly updates, relative value analyses, and industry reviews.
• Respond to portfolio manager inquiries regarding credit concerns, market overviews, and sector changes
• Interaction with clients or client service professionals

REQUIREMENTS

• Must have a minimum of 5 years work experience in the area of credit/equities research, either on the buy or sell side, hedge funds, investment banking or DCM
• Strong, in-depth knowledge of local markets and companies
• Completed MBA degree or CFA is a plus
• Strong financial modeling experience is a must
• Prior experience in either high yield or investment grade preferred
• Ability to contribute to first-hand corporate analysis, including on-site visits, financial modeling, and relative value analysis. Proven ability to make judgments regarding credit, risk and valuation
• Proactive in generating successful investment ideas. Ability to take the lead in advocating investment ideas to portfolio managers rather than relying on external direction
• Good communicator; strong written and oral presentation abilities. Must be persuasive and credible
• Values seeing one’s investment ideas added to investment portfolios and enjoys credit analysis as a long-term career
• Strong academic credentials and achievements
• Ability to collaborate and work well with others on the credit research team

BENEFITS

PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and wellbeing of you and your family. Benefits vary by location but may include:

• Medical, dental, and vision coverage
• Life insurance and travel coverage
• 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
• Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
• Community involvement opportunities with The PIMCO Foundation in each PIMCO office

PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.
Salary Range: $205,000.00 - $240,000.00

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.