High Yield & Leveraged Loans Investment Analyst

New York Life; New York (NY); Hybrid; USD 137,000 - 196,000; Full time

Job summary

New York Life Investment Management (NYLIM) is seeking an Investment Analyst to join the Global Fixed Income Group – High Yield Corporate Credit Team. The role focuses on fundamental credit research, portfolio surveillance, and presenting recommendations to the high yield committee.

Ideal candidates have 5–10 years in credit research, with experience in high yield bonds and leveraged loans, plus exposure to CLOs and quantitative analysis. Collaboration with PMs and analysts is essential.

Qualifications

• 5-10 years of relevant industry experience with credit research.
• BA required; MBA or CFA is a plus.
• Meaningful investment experience with high yield bonds and leveraged loans, preferably in both total return and CLO strategies.
• Well-developed quantitative, analytical, and problem-solving skills.
• Knowledge and experience working with AI.
• Excellent written & oral communication skills.
• Strong team player with the ability to manage and prioritize numerous tasks.

Responsibilities

• Perform fundamental credit research, investment analysis, and ongoing portfolio surveillance for specific industry sectors in the high yield and leveraged loan credit markets.
• Present investment recommendations to the high yield investment committee for approval.
• Partner with portfolio managers and traders to assess relative value, portfolio fit, and recommended position sizing for purchase and sale decisions.
• Meet with issuer management teams to identify opportunities and conduct due diligence.
• Develop and maintain relationships with research analysts at peers, broker-dealers and the major rating agencies.
• Prepare industry, issuer and portfolio review reports for management as needed.
• Actively monitor holdings in covered names/industries to help drive strong alpha-generating returns, providing timely recommendations with regard to portfolio positioning.

Skills

Credit research

Leveraged finance

High yield bonds

Quantitative analysis

AI knowledge

Education

BA degree

MBA or CFA (adv.)

Job description

New York Life Investment Management (NYLIM) is seeking an Investment Analyst to join the Global Fixed Income Group – High Yield Corporate Credit Team. The role focuses on fundamental credit research, portfolio surveillance, and presenting recommendations to the high yield committee.

Ideal candidates have 5–10 years in credit research, with experience in high yield bonds and leveraged loans, plus exposure to CLOs and quantitative analysis. Collaboration with PMs and analysts is essential.