Fixed Income Credit Analyst

ManhattanLife; Houston (TX); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Health, dental and vision coverage

Flexible schedules

Free parking

Company events

LOMA professional development

Wellness program

Job summary

ManhattanLife Insurance and Annuity Company in Houston seeks a Fixed Income Credit Analyst to join the investment team. You will perform comprehensive credit analysis of corporate issuers and prepare investment memoranda for committee review.

The role requires evaluating financial strength, capital structure and liquidity, with responsibilities including monitoring existing holdings and communicating with the investment team. Light travel within office locations may be required.

Qualifications

• Bachelor’s degree in Math, Finance or Business Administration
• MBA or CFA progress preferred
• Strong analytical and interpersonal skills and ability to work under deadlines

Responsibilities

• Perform comprehensive fundamental credit analysis of corporate issuers across industries.
• Evaluate issuers' financial strength, business strategy, and capital structure.
• Conduct relative value analysis of corporate bonds and identify opportunities.
• Analyze macroeconomic and company-specific factors impacting credit performance.
• Prepare written credit reports and investment memoranda for the Investment Committee.
• Monitor and make recommendations for existing bond holdings.

Skills

Analytical skills

Interpersonal skills

Self-starter

Education

Bachelor’s degree in Math/Finance/Business Administration

MBA or CFA progress preferred

Tools

Excel

Bloomberg

Job description

ManhattanLife Insurance and Annuity Company was founded in 1850, the Company’s longevity makes it one of the oldest and most reliable health and life insurance companies in the country. Operating successfully for over 175 years is a testimony to ManhattanLife’s enduring history, and an indicator of the reliability of our future. ManhattanLife’s headquarters are in Houston, TX and the company is continually growing with multiple office locations nation-wide. ManhattanLife offers attractive employee benefits starting day one, including immediate coverage under our health, dental and vision plans. We offer flexible schedules, including shortened hours on Fridays, free parking, company-wide events, professional development (LOMA testing) and a company-wide wellness program.

Scope and Purpose:

The Manhattan Life Insurance Company is seeking a Fixed Income Credit Analyst to join our investment team. The portfolio includes corporate bonds, structured products, alternative assets, U.S. Treasury securities and mortgages.

Duties and Responsibilities:

• Perform comprehensive fundamental credit analysis of corporate issuers across multiple industries and sectors.
• Evaluate issuers' financial strength, business strategy, competitive positioning, capital structure, liquidity and cash flow generation.
• Conduct relative value analysis of corporate bonds and identify attractive investment opportunities based on credit quality, valuation, and market.
• Analyze macroeconomic, industry, and company-specific factors that may impact credit performance.
• Prepare detail written credit reports, investment memoranda, and recommendations for investment purposes and presentation to the investment committee.
• Monitor, analyze and make recommendation for existing corporate bond holdings.
• Build and maintain productive relationships with investment team, broker-dealers, research analysts and rating agencies, to enhance market.
• Additional projects as assigned.

Minimum Qualifications:

Bachelor’s degree in Math, Finance or Business Administration. An MBA or progress toward a CFA is preferred.

Knowledge, Skills and Abilities:

• 2-3 years of experience in credit analytics.
• Strong analytical skills and proficiency in Excel and Bloomberg.
• Excellent interpersonal skills.
• Ability to work on own initiative and within tight deadlines, prioritizing in a demanding environment.

Travel Requirements:

This position may require light travel within a ten-mile radius from one office location to another as needed. Periodic conference attendance may be required.

Professional Development:

• Establish annual objectives for professional growth.
• Keep pace with developments in the discipline.
• Learn and apply technologies that support professional and personal growth.
• Participate in the evaluation process.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee is regularly required to stand; walk; use hands to finger, handle or feel objects, type, and use mouse; reach with hands and arms and talk and/or hear. The employee is required to sit for extended periods of time. The position may require lifting, pulling or moving items weighing upwards of 10 pounds as it relates to office or desk supplies.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee regularly works in an office environment. This role routinely uses standard office equipment such as computers, phones via WebEx, physical phone while in office, and photocopiers when necessary.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to the job at any time without notice.

AAP/EEO Statement:

ManhattanLife prohibits discrimination based on race, religion, gender, national origin, age, disability, veteran status, marital status, pregnancy, gender expression or identity, sexual orientation, or any other legally protected status. EOE Employer/Vet/Disabled. ManhattanLife values differences. We are committed to fostering an environment that attracts and retains a diverse workforce. With individuals from a variety of backgrounds, ManhattanLife will be better equipped to service our customers, increase innovation, and reduce risks. We encourage the unique perspectives of individuals and are dedicated to creating a respectful and inclusive work environment.