High Yield Program Analyst

Barings LLC; Charlotte (NC); On-site; USD 65,000 - 85,000; Full time

Benefits offered by this job

Medical (including Virtual Care)

Dental

Vision Coverage

401(k) with Company Match

HSA contributions

Paid Vacation & Holidays

Parental leave

Job summary

Barings is seeking a Program Analyst in Charlotte, NC, to gain hands-on exposure to credit markets and high yield investments. You will work with senior researchers, supporting underwriting, credit analysis, and portfolio management across diverse issuers and sectors.

The program starts with structured training and transitions to live deal work and mentorship. Analysts are integrated into the team and top performers may be considered for full-time roles upon completion, with opportunities for

Qualifications

• Bachelor’s or 1-year master’s degree and expected graduation in Spring 2027 from an accredited university.
• Minimum cumulative GPA of 3.0.
• Degree in Finance, Accounting, or Economics preferred.
• Prior experience at a commercial bank, investment bank, or similar financial institution, or completion of a commercial credit training program, is a plus.

Responsibilities

• Collaborate with senior research analysts throughout the underwriting process.
• Analyze issuer credit quality and security characteristics by building financial models and performing forecasts to support investment recommendations.
• Assess relative value by evaluating risk-return profiles of investment opportunities within the credit coverage universe.
• Review credit agreements and indentures, identifying and articulating strengths and weaknesses.
• Complete quarterly and year-end reporting initiatives, including earnings analysis, asset pricing, and industry reviews.
• Learn and apply approved technology and AI-enabled tools to support research, analysis, workflow efficiency, and communication while maintaining accuracy and confidentiality.

Skills

Communication skills

Organization

Deadline management

MS Office

Education

Bachelor’s or 1-year master’s degree (Spring 2027)

GPA ≥ 3.0

Finance/Accounting/Economics degree preferred

Tools

Microsoft Office

Job description

At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients. We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.

The Analyst Program provides recent graduates with hands‑on exposure to credit markets and high yield investments. Program Analysts work closely with senior research professionals to support underwriting, credit analysis, and portfolio management across a diverse range of issuers and sectors. The program begins with structured training and quickly transitions into live deal work, mentorship, and professional development through interactive sessions, networking, and team‑building activities. Analysts are fully integrated into the team as key contributors, with top performers considered for full‑time roles upon completion.

Primary Responsibilities

• Collaborate with senior research analysts throughout the underwriting process.
• Analyze issuer credit quality and security characteristics by building financial models and performing forecasts to support investment recommendations.
• Assess relative value by evaluating risk‑return profiles of investment opportunities within the credit coverage universe.
• Review credit agreements and indentures, identifying and articulating structural strengths and weaknesses.
• Complete quarterly and year‑end reporting initiatives, including earnings analysis, asset pricing, and industry reviews.
• Learn and apply approved technology and AI‑enabled tools to support research, analysis, workflow efficiency, and communication while maintaining accuracy, confidentiality, and sound judgment.

Qualifications

• Bachelor’s or 1‑year master’s degree and expected graduation in Spring 2027 from an accredited university.
• Minimum cumulative GPA of 3.0.
• Degree in Finance, Accounting, or Economics preferred.
• Prior experience at a commercial bank, investment bank, or similar financial institution, or successful completion of a formal commercial credit training program, is a plus.
• Strong written and verbal communication skills, with the ability to work effectively in a dynamic, transaction‑focused team environment.
• Self‑starter with strong organizational skills, initiative, and the ability to manage multiple priorities.
• Ability to work effectively under deadlines, adapt to changing priorities, and maintain attention to detail.
• Strong technical skills, including Microsoft Office, and the ability to gather, evaluate, and synthesize information from credible sources.

Requisite Skills Additional Skills

Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.

Benefits

Barings offers a comprehensive benefits package including:

CORE BENEFITS & WELLNESS

• Medical (including Virtual Care)
• Prescription
• Dental
• Vision Coverage
• Fitness Center Reimbursement Program (Including Online Memberships)
• Employee Assistance Program (EAP)
• Fertility Benefits
• Financial Well-Being
• Highly competitive 401(k) Plan with Company Match
• Health Savings Account (HSA) with Company Contributions
• Flexible Spending Accounts (FSA) - Health Care & Dependent Care
• Retirement Health Reimbursement Account
• Life Insurance Basic and Supplemental Life Insurance Spouse and Child Life Insurance
• Time Off, Disability and Leave of Absence
• Paid Vacation, Sick Days and Annual Holidays
• Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
• Short and Long Term Disability Plans Paid Volunteer Time

OTHER BENEFITS

• Education Assistance Program
• Charitable Matching Gifts Program
• Commuter Reimbursement Program
• Adoption and Surrogacy Reimbursement Program

Barings is a leading global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative, institutional-quality solutions and service. Our team‑driven culture is based on transparency, responsibility and putting our clients’ interests first. We listen to our clients to understand their needs, so that we can become a strategic advisor and long‑term partner in meeting their unique investment goals. Risk management and protecting our investors’ capital over the long term is an essential component of our lasting partnerships. Barings is also committed to building long‑term relationships with our associates and providing opportunities and support to help them succeed. With our expanding business and global footprint, Barings offers a wealth of opportunities for associates who share our culture, values and commitment to excellence in client service. As an organization, we believe that a diversity of perspectives and strengths is essential to meeting the evolving needs of our clients, and we are committed to attracting and retaining a talented workforce as diverse as the clients and communities that contribute to our success.