Credit Research Analyst - CLO & Bank Loans

Napier Park Global Capital (US) LP; New York (NY); On-site; USD 100,000 - 140,000; Full time

Benefits offered by this job

Paid time off

Healthcare plans

401(k) retirement and profit-sharing

Hybrid work environment

Dress for the day

Job summary

Napier Park is seeking a Research Analyst to join our credit research team on the trading desk with our credit team, portfolio managers and traders. The role focuses on bank loan issuers owned by CLO vehicles, with emphasis on fundamental credit analysis, capital structure, collateral, three statement and cash flow modelling and industry analysis.

The ideal candidate has an undergraduate degree (finance/economics), 3–5 years in financial services (buyside/CLO credit), strong communication,

Qualifications

• Undergraduate degree, preferably in finance, business, economics or related field; CFA or MBA a plus
• 3-5 years of experience in the financial services industry, preferably within buyside/CLO credit
• Dynamic and effective communication skills, focus and perseverance, self starter
• Strong analytical, interpersonal and technical skills (i.e., excel and financial modelling)
• Healthcare industry expertise or coverage a plus but open to other coverage backgrounds

Responsibilities

• Conduct fundamental credit due diligence on potential investments (listen to lender calls, review all related materials, etc.)
• Perform financial, comparative and proforma analyses of existing and potential investments
• Produce investment memos, quarterly updates, issuer rankings
• Collect and synthesize data and reports from industry and sell-side research sources
• Monitor existing holdings, review loan amendments, review quarterly financial statements
• Communicate changes in performance or recommendation of names covered to Head of Credit, PM’s, Traders
• Develop, update and review financial models

Skills

Excel

Financial modelling

Analytical skills

Interpersonal skills

Communication

Education

Undergraduate degree in finance, business, economics or related field

CFA

MBA

Job description

Napier Park is seeking a Research Analyst to join our credit research team on the trading desk with our credit team, portfolio managers and traders. The role focuses on bank loan issuers owned by CLO vehicles, with emphasis on fundamental credit analysis, capital structure, collateral, three statement and cash flow modelling and industry analysis.

The ideal candidate has an undergraduate degree (finance/economics), 3–5 years in financial services (buyside/CLO credit), strong communication,