Research Analyst - Non-Investment Grade Credit

Neuberger Berman; Chicago (IL); On-site; USD 95,000 - 135,000; Full time

Benefits offered by this job

Paid time off

Medical/dental/vision insurance

Retirement plan

Discretionary bonus

Job summary

Neuberger Berman is seeking an experienced Research Analyst for its Non-Investment Grade Credit platform in Chicago. You will contribute to the leveraged credit research, support high yield and leveraged loan assets, and work within a large team of analysts, traders and PMs to drive investment ideas and risk-adjusted returns.

The role requires 1–2 years of research experience, strong financial modeling skills, and CFA or MBA preferred, with Series 7/66 within six months.

Qualifications

• 1-2 years of relevant research experience (sell-side and/or buy-side).
• Strong written and verbal communication skills to share ideas with PMs and colleagues.
• Excellent quantitative and qualitative skills to evaluate company and industry data.

Responsibilities

• Proactively identify and implement investment ideas across coverage sectors.
• Evaluate and integrate industry trends into actionable investment recommendations.
• Maintain high quality financial modeling, analysis of credit/industry trends, and credit reports for Portfolio Managers.
• Establish and maintain relationships within covered industries.

Skills

Research experience

Communication skills

Financial modeling

CFA or MBA preferred

Licensing: Series 7/66

Academic credentials

Education

CFA or MBA (preferred)

Job description

Position Overview

We are seeking an experienced and proactive Research Analyst to join our Non-Investment Grade Credit platform. Our goal is to further deepen our research resources and position our team to build upon our long-term track record of performance. We are seeking a candidate with experience in the leveraged credit market. The successful candidate will join a large team of Research Analysts, Traders and Portfolio Managers responsible for managing high yield and leveraged loan assets.

Primary Responsibilities

• Proactively identify and implement investment ideas across coverage sectors
• Evaluate and integrate industry trends into actionable investment recommendations
• Maintain a high quality and consistent work product with respect to financial modeling, analysis of credit / industry trends, written credit reports and credit review presentations to Portfolio Managers
• Establish and maintain management / industry relationships within covered industries

Experience & Skills Qualifications

• Must have at least 1-2 years of relevant research experience (sell-side and/or buy-side)
• Good communicator; strong written and verbal communication skills sufficient to share ideas and influence portfolio outcomes along with Portfolio Managers and colleagues
• Hard-working and proactive, with the ability to independently evaluate investment ideas within covered industries and take ownership of investment performance
• Excellent quantitative and qualitative skills sufficient to evaluate company-specific and industry level data, and synthesize this information into actionable investment ideas
• Strong accounting and financial modeling experience required; CFA or MBA preferred
• Strong academic credentials and achievement
• Candidate must obtain Series 7 & 66 within six months of joining
• Applicants must be authorized and have the right to work in the country where the role is located without the need for current or future sponsorship.

Compensation Details

The salary range for this role is $95,000-$135,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

• We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits to eligible employees.
• This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package.

Neuberger is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

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Founded in 1939, Neuberger is a private, independent, employee-owned investment manager. From offices in 40 cities worldwide, the firm manages $567 billion in client assets (as of March, 2026) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally. Tenured, stable and long-term in focus, the firm has built a diverse team—including 790-plus investment professionals and more than 2,900 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by Pensions & Investments as the first or second "Best Place to Work in Money Management" for last eight consecutive years (firms with 1,000+ employees). Neuberger believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles. For important disclosures: http://www.nb.com/linkedin