Napier Park, Research Analyst

First Eagle Investments; New York (NY); On-site; USD 100,000 - 140,000; Full time

Benefits offered by this job

Generous paid time-off

Medical/Dental/Vision plans

401(k) retirement and profit-sharing

Flexible/hybrid work environment

Dress for the day

Job summary

Napier Park, a First Eagle Investments company, is seeking a Research Analyst to join our credit research team on the trading desk with our credit team, portfolio managers and traders in New York. The role focuses on bank loan issuers owned by CLO vehicles and emphasizes fundamental credit analysis, capital structure review, three-statement modelling, and industry collateral analysis.

The ideal candidate will have 3–5 years in the financial services industry, strong communication and technical

Qualifications

• Undergraduate degree, finance/economics or related field; CFA or MBA a plus.
• 3–5 years of experience in financial services, buyside/CLO credit preferred.
• Strong analytical, interpersonal and technical skills (Excel and modelling).
• Healthcare industry knowledge a plus.

Responsibilities

• Conduct fundamental credit due diligence on potential investments.
• Perform financial, comparative and proforma analyses.
• Produce investment memos, quarterly updates, issuer rankings.
• Collect and synthesize data and reports from industry and sell-side research sources.
• Monitor existing holdings and review loan amendments/financial statements.
• Communicate changes in performance to Head of Credit, PMs and Traders.
• Develop, update and review financial models.

Skills

Financial analysis

Excel

Financial modelling

Communication

Interpersonal skills

Self-starter

Healthcare knowledge

Education

Bachelor's degree in finance or related field

CFA or MBA a plus

Job description

Napier Park, a First Eagle Investments company, is a leading alternative credit platform with approximately $39 billion in assets under management as of March 31, 2026. Napier Park delivers private and structured credit solutions globally, focused on unlocking value in complex markets through specialized strategies and an active, research-driven approach focused on preserving capital and generating attractive returns. Our capabilities span opportunistic credit, structured credit, direct lending, and real assets leasing, all aimed at delivering differentiated opportunities across varied market environments. Napier Park combines deep credit expertise with innovative structuring to deliver solutions that help clients achieve their long-term objectives.

Who we are looking for:

Napier Park is seeking a Research Analyst to join our credit research team. This hire will be located on our trading desk with our credit team, portfolio managers and traders. Analysts are members of our centralized research group, which has a strong focus on CLO management and bank loan investing. The ideal candidate will be focused primarily on bank loan issuers that will be owned as part of our CLO vehicles. Our approach focuses on fundamental credit analysis, capital structure, collateral analysis, three statement and cash flow modelling and industry comp analysis. We value open communication and expect the candidate to have strong interpersonal skills and the ability to express their views clearly and concisely in verbal and written formats.

What you will do:

• Conduct fundamental credit due diligence on potential investments (listen to lender calls, review all related materials, etc.)
• Perform financial, comparative and proforma analyses of existing and potential investments
• Produce investment memos, quarterly updates, issuer rankings
• Collect and synthesize data and reports from industry and sell-side research sources
• Monitor existing holdings, review loan amendments, review quarterly financial statements
• Communicate changes in performance or recommendation of names covered to Head of Credit, PM's, Traders
• Develop, update and review financial models

The qualities you should have:

• Undergraduate degree, preferable in finance, business, economics or related field; CFA or MBA a plus
• 3-5 years of experience in the financial services industry, preferable within buyside/CLO credit
• Dynamic and effective communication skills, focus and perseverance, self starter
• Strong analytical, interpersonal and technical skills (i.e., excel and financial modelling)
• Healthcare industry expertise or coverage a plus but open to other coverage backgrounds

Base Salary range: $100,000 to $140,000. In addition, this role is eligible for an annual incentive bonus. Compensation may vary based upon, but not limited to - the individual's skills, experience, qualifications, and internal equity.

We value our people and offer a broad range of benefits. We provide generous paid time-off, medical/dental/vision healthcare plans, 401(k) retirement and profit-sharing plans, a flexible/hybrid work environment, "dress for the day" flexible work attire, and many more great benefits. For more information, please refer to our First Eagle Benefits website.

First Eagle Investments and their affiliates and subsidiaries, including Napier Park Global Capital, is an Equal Opportunity Employer. Equal Employment Opportunity has been, and will continue to be, a fundamental principle at First Eagle, where employment is based upon personal capabilities and qualifications without regard to race, color, religious belief, including dress and grooming practices, sex, sexual orientation, gender identity, gender expression, age, national origin, marital status, citizenship, disability, veteran status, pregnancy, breastfeeding or medical conditions related to breastfeeding, status as a victim of domestic violence, sexual assault, or stalking, or any other basis protected by applicable federal, state or local law, genetic information or characteristics (or those of a family member), or any other protected characteristic as established by law.