Credit Research Analyst (Associate/Senior Associate)

Onex; New York (NY); On-site; USD 140,000 - 200,000; Full time

Job summary

A leading investment firm is seeking a Credit Research Analyst to join their US Credit Research team. The role involves conducting in-depth credit research on bond and loan issuers across various industries. The analyst will provide investment recommendations and monitor existing investments, contributing to thematic research and sector outlooks. Ideal candidates will have strong analytical skills and a background in finance or economics.

Qualifications

• 3-5 years of experience in credit research or related roles.
• CFA designation or candidacy is a plus.

Responsibilities

• Develop investment recommendations based on fundamental and relative value research.
• Monitor portfolio holdings and sector developments.
• Collaborate with portfolio management and trading teams.

Skills

Analytical Skills

Communication

Education

Bachelor’s degree in finance, economics, accounting, or related field

Tools

Excel

Bloomberg

CapitalIQ

FactSet

Job description

Onex: Company Overview

Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients worldwide. Founded in 1984, we have a proven track record of creating value for our clients and shareholders. We became a public company in 1987, listed on the Toronto Stock Exchange under the symbol ONEX. Our primary business segments are Private Equity and Credit.

Business Segments

Private Equity: We raise funds from third-party investors and invest them, along with Onex's own capital, through our private equity platforms: Onex Partners and ONCAP.
Credit: We raise and invest capital across private credit, liquid credit, and public equity strategies. Our investors include pension plans, sovereign wealth funds, banks, insurance companies, family offices, and high-net-worth individuals. Onex manages $51.1 billion in assets, with $8.3 billion from Onex's own investments. We generate value through our Investing and Asset Management segments.

Onex Credit

Onex Credit has a disciplined approach to credit investing, focusing on capital preservation and risk-adjusted returns across credit cycles. Since 2007, our assets under management have grown from approximately $300 million to about $25 billion as of December 31, 2024. With offices in New Jersey, New York, Toronto, and London, we focus on non-investment grade credit markets, including leveraged loans, direct lending, high yield bonds, and opportunistic lending strategies.

The Opportunity

We are seeking a Credit Research Analyst to join our US Credit Research team to support our growth. The role involves conducting in-depth fundamental credit research on bond and loan issuers, both public and private, across various industries. The analyst will provide investment recommendations and monitor existing investments across our credit platform strategies, including leveraged loans, structuring credit, direct lending, high yield bonds, and opportunistic lending. The position is based in New York or New Jersey.

Responsibilities

• Develop investment recommendations based on fundamental and relative value research of existing holdings and new investment ideas.
• Monitor portfolio holdings, sector developments, and quarterly earnings to assess creditworthiness and inform trading decisions.
• Participate in investment committee discussions and present well-supported investment theses.
• Collaborate with portfolio management and trading teams to recommend portfolio position sizing.
• Contribute to thematic research and sector outlooks to identify trends and develop broad views on corporate credit and sector allocation.

Qualifications

• 3-5 years of experience in credit research or related roles; buy-side experience preferred.
• Exceptional quantitative and analytical skills, proficiency in Excel, Bloomberg, CapitalIQ, or FactSet.
• Strong communication and presentation skills, with confidence to articulate views to senior stakeholders.
• Commercial mindset with the ability to prioritize and manage multiple initiatives under tight deadlines.
• Independent, entrepreneurial thinker with high standards of integrity, confidentiality, and collaboration.
• Bachelor’s degree in finance, economics, accounting, or related field; CFA designation or candidacy is a plus.

Compensation

The anticipated annual base salary range for this position is $140,000 to $200,000. This does not include other compensation or benefits. Employees may be eligible for a discretionary bonus based on individual and company performance.

The salary range is specific to New York City and considers various factors including skills, experience, licenses, and certifications.

Application Process

To apply, please fill out the required fields below:

• First Name *
• Last Name *
• Preferred First Name
• Email *
• Phone
• Resume/CV (accepted file types: pdf, doc, docx, txt, rtf)