Napier Park, Research Analyst

Napier Park Global Capital (US) LP; New York (NY); On-site; USD 100,000 - 140,000; Full time

Benefits offered by this job

Paid time off

Healthcare plans

401(k) retirement and profit-sharing

Hybrid work environment

Dress for the day

Job summary

Napier Park is seeking a Research Analyst to join our credit research team on the trading desk with our credit team, portfolio managers and traders. The role focuses on bank loan issuers owned by CLO vehicles, with emphasis on fundamental credit analysis, capital structure, collateral, three statement and cash flow modelling and industry analysis.

The ideal candidate has an undergraduate degree (finance/economics), 3–5 years in financial services (buyside/CLO credit), strong communication,

Qualifications

• Undergraduate degree, preferably in finance, business, economics or related field; CFA or MBA a plus
• 3-5 years of experience in the financial services industry, preferably 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

Responsibilities

• 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

Skills

Excel

Financial modelling

Analytical skills

Interpersonal skills

Communication

Education

Undergraduate degree in finance, business, economics or related field

CFA

MBA

Job description

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, preferably in finance, business, economics or related field; CFA or MBA a plus
• 3-5 years of experience in the financial services industry, preferably 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.

First Eagle Investments and their affiliates and subsidiaries 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.

First Eagle Investments is an independent, privately owned investment management firm headquartered in New York with approximately $217 billion in assets under management as of June 30, 2026. Dedicated to providing prudent stewardship of client assets, the firm focuses on active, fundamental, benchmark-agnostic investing, with a strong emphasis on downside mitigation. With a heritage dating back to 1864, First Eagle strives to help clients avoid permanent impairment of capital and earn attractive returns through widely varied economic cycles.

The firm’s investment capabilities include equity, fixed income, alternative credit and multi-asset strategies.

At First Eagle, clients come first, always. To deliver on this commitment, we nurture an environment that attracts, develops, and retains a talented, inclusive workforce. We also aim to inspire each of our employees to do their life’s best work with us and for our clients. We have built a culture that promotes inclusion and respect, and holds every member of the organization to the highest standards of integrity and accountability.