Napier Park, Research Analyst

First-Eagle-Investment-Management; New York (NY); Hybrid; USD 100,000 - 140,000; Full time

Benefits offered by this job

Flexible/hybrid work environment

Dress for the day

Generous benefits

Job summary

First Eagle Investments is seeking a Research Analyst to join our credit research team on the Napier Park trading desk in New York. The role focuses on bank loan issuers within CLO vehicles, with an emphasis on fundamental credit analysis, capital structure, collateral assessment and cash flow modelling.

You will produce investment memos, monitor holdings, listen to lender calls, and contribute to issuer rankings while communicating findings to the Head of Credit, PMs and traders.

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 modelsThe 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 backgroundsBase 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 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.