High Yield Credit Analyst

Muzinich & Co; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Muzinich & Co. is a privately owned, global institutional asset manager specializing in corporate credit. Headquartered in New York, we have delivered superior risk-adjusted returns for 38+ years across senior loans, high yield bonds, alternative credit and private debt, with 18 offices worldwide.

We are seeking an experienced Credit Analyst with 5–10 years of high yield and leveraged loan investing. The role emphasizes sector coverage, especially consumer discretionary, with exposure to tech

Qualifications

• 5-10 years of high-yield investing experience, ideally with a demonstrated ability to generate insights that lead to performance.
• A record of superior investment performance, strong idea generation and decision-making skills.
• An ability to identify and act on investment opportunities in a timely manner.
• An ability to review and analyze bond indentures and credit agreements.
• Strong command of Excel and Bloomberg; comfortable working in a fast-paced, idea-driven environment.
• Highly experienced in high yield and leveraged loan markets within a buy-side environment.

Responsibilities

• Conduct high yield bond and leverage loan research on companies within industry sectors, focusing on financial projections, debt structure, covenants, and overall creditworthiness.
• Lead fundamental research across assigned industries, developing clear, conviction driven views on capital structure risk and reward.
• Put forward timely, actionable buy/sell recommendations that directly inform portfolio decisions.
• Build strong relationships with company management teams and develop proprietary industry intelligence.
• Maintain deep, dynamic financial models and forward-looking scenarios.
• Produce crisp, comparative sector reviews to support idea generation and portfolio allocation.
• Prepare relative value financial summaries for sectors covered.

Skills

High-yield investing

Credit analysis

Financial modeling

Education

Bachelor's degree

MBA/CFA a plus

Tools

Excel

Bloomberg

Job description

Muzinich & Co. is a privately owned, global institutional asset manager specializing in corporate credit. For over 38 years, we have delivered superior risk-adjusted returns across diverse market conditions. Our investment strategies span senior loans, high yield bonds, alternative credit, private debt, and investment-grade corporate-plus solutions in both developed and emerging markets. Headquartered in New York, we operate across major financial hubs with 18 offices including London, Abu Dhabi, Dublin, Frankfurt, Hong Kong, Madrid, Milan, Paris, Singapore, Tokyo and Zurich. We pride ourselves on integrity, transparency, and rigorous risk management, working closely with investors to meet their objectives.

Position Overview

We are seeking an experienced Credit Analyst with 5-10 years of experience investing in the high yield and leveraged loan markets. The role will focus on sector-specific coverage, with the successful candidate acting as a specialist within designated industries. Experience in the consumer discretionary sector is essential, while exposure to the tech sector could also be helpful.

Key Responsibilities

• Conduct high yield bond and leverage loan research on companies within industry sectors, focusing on financial projections, debt structure, covenants, and overall creditworthiness.
• Lead fundamental research across assigned industries, developing clear, conviction driven views on capital structure risk and reward.
• Put forward timely, actionable buy/sell recommendations that directly inform portfolio decisions.
• Build strong relationships with company management teams and develop proprietary industry intelligence.
• Maintain deep, dynamic financial models and forward-looking scenarios.
• Produce crisp, comparative sector reviews to support idea generation and portfolio allocation.
• Prepare relative value financial summaries for sectors covered.

Experience, Qualifications and Attributes

• Bachelor's degree required; MBA/CFA a plus but not necessary.
• 5-10 years of high-yield investing experience , ideally with a demonstrated ability to generate insights that lead to performance.
• A record of superior investment performance, strong idea generation and decision-making skills.
• An ability to identify and act on investment opportunities in a timely manner.
• An ability to review and analyze bond indentures and credit agreements.
• Strong command of Excel and Bloomberg; comfortable working in a fast-paced, idea-driven environment.
• Highly experienced in high yield and leveraged loan markets within a buy-side environment.

Muzinich & Co. is committed to creating an inclusive culture which embraces diversity. We promote equal opportunities and ensure that no applicant is subject to less favourable treatment on the grounds of gender, marital status, nationality, race, ethnicity, age, sexual orientation, responsibility for dependents, or disability. We select candidates based on skills, qualifications, experience and potential. This position description is intended to describe the duties most frequently performed by an individual in this position; It is not intended to be a complete list of duties.