Merger Arbitrage Investment Analyst

NexPoint Advisors LP; Dallas (TX); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Job summary

NexPoint is seeking a bright, hard‑working Investment Analyst to join its event‑driven investment team with a primary focus on merger arbitrage investing. The successful candidate will support all aspects of the investment process, including deal analysis, financial modeling, regulatory risk assessment, and portfolio monitoring.

Responsibilities include identifying and analyzing announced mergers, reviewing transaction documents, evaluating closing conditions, and communicating investment

Qualifications

• Bachelor's degree in finance, accounting, economics, business, legal, or a related discipline.
• Two to seven years of experience in merger arbitrage, event‑driven investing, equity research, investment banking, private equity, corporate law, or a related field.
• Working knowledge of merger agreements, SEC filings, transaction structures, and the M&A closing process.
• Understanding of antitrust review, securities regulation, shareholder voting requirements, and transaction‑related litigation.
• Experience analyzing complex or cross‑border transactions is beneficial.
• Strong quantitative, analytical, and problem‑solving skills
• Excellent written and verbal communication skills
• High attention to detail and ability to thrive in a fast‑paced environment

Responsibilities

• Identify and analyze announced mergers, acquisitions, tender offers, exchange offers, and other strategic transactions.
• Review merger agreements, proxy statements, tender‑offer documents, regulatory filings, financing commitments, and other transaction materials.
• Evaluate the principal conditions to closing, including shareholder approvals, financing requirements, regulatory clearances, litigation, and contractual obligations.
• Assess antitrust and regulatory risks involving the FTC, DOJ, HSR process, CFIUS, state regulators, the European Commission, the U.K. CMA, and other relevant authorities.
• Develop detailed transaction timelines incorporating regulatory filings, shareholder votes, financing periods, litigation milestones, and expected closing dates.
• Conduct downside analysis based on the target company’s undisturbed price, operating fundamentals, precedent transactions, valuation multiples, peer performance, and potential break scenarios.
• Apply and maintain the firm’s internal deal‑risk scoring framework, updating assessments as transaction milestones are achieved or risks change.
• Prepare concise investment memoranda and present actionable recommendations to portfolio managers and the investment committee.
• Monitor portfolio transactions daily for regulatory developments, shareholder activity, litigation, financing updates, competing bids, and changes in market expectations.
• Communicate investment recommendations and findings to portfolio managers and other members of the investment team

Skills

Mergers & Acquisitions

Event-driven investing

Equity research

Financial modeling

Regulatory risk assessment

Portfolio monitoring

Communication

Quantitative skills

Education

Bachelor's degree in Finance or related field

Job description

NexPoint is seeking a bright, hard‑working Investment Analyst to join its event‑driven investment team with a primary focus on merger arbitrage investing. The successful candidate will support all aspects of the investment process, including deal analysis, financial modeling, regulatory risk assessment, and portfolio monitoring.

Responsibilities include identifying and analyzing announced mergers, reviewing transaction documents, evaluating closing conditions, and communicating investment