US High Yield and Long/Short Credit Research Analyst

CIFC Asset Management; New York (NY); On-site; USD 225,000 - 300,000; Full time

Job summary

CIFC Asset Management is seeking a US High Yield and Long/Short Credit Research Analyst to join its dedicated research team in New York City. You will work with the High Yield team to identify investment opportunities, build financial models, conduct due diligence, and support portfolio managers and traders on thematic trades.

The role requires 7+ years of high yield research experience, a strong network, and the ability to thrive in a fast-paced environment.

Qualifications

• 7+ years of high yield research experience.
• Strong investment judgment and attention to detail.
• Excellent financial modeling and written communication.
• Effective presentation skills and ability to work under pressure.
• Deep network of high yield sell-side and buy-side analysts.
• Willingness to respond to market-moving developments outside regular hours.

Responsibilities

• Identify, evaluate and monitor idiosyncratic long and short ideas for high yield portfolios.
• Build and maintain detailed financial models and forecasts.
• Conduct industry and company-specific due diligence.
• Collaborate with portfolio managers and traders to align bonds with trades.
• Provide support across the team during high workload periods.
• Leverage industry relationships to source investment ideas.
• Assess impact of company developments and macro events on credits.
• Assist marketing with strategy materials and market insights.
• Participate in ad-hoc projects.

Skills

High yield research

Financial modeling

Analytical rigor

Written communication

Presentation skills

Market judgment

Job description

US High Yield and Long/Short Credit Research Analyst

CIFC Asset Management LLC (together with its affiliates, “CIFC”) is an alternative credit specialist offering investment solutions across CLOs, corporate, structured, opportunistic credit and direct lending. The firm currently manages over $47 billion in assets and employs more than 200 professionals in the U.S. and Europe.

CIFC is seeking an analyst to join its high yield and Long/Short Credit research team. The analyst will work closely with the existing High Yield team to identify, evaluate and monitor long and short investment opportunities for the high yield portfolios. The role requires generating investment ideas through fundamental company and industry analysis, while assessing the impact of macroeconomic and market developments on individual issuers and groups of bonds. The analyst must be a team player with a strong network and work ethic.

Responsibilities:

• Identify, evaluate and monitor idiosyncratic long and short ideas for high yield portfolios
• Build and maintain detailed financial models and forecasts
• Conduct industry and company-specific due diligence
• Work with portfolio manager and traders to identify bonds to align with thematic trades
• Provide support across the team as needed, including coverage during absences or periods of increased workload
• Leverage industry relationships to source and develop investment ideas
• Quickly assess how company-specific developments and macroeconomic events are likely to affect individual credits or groups of credits
• Assist the marketing team with strategy-related materials and market insights
• Participate in various ad-hoc projects

Qualifications:

• 7+ years of high yield research experience
• Deep network of high yield sell-side and buy-side analysts
• Strong investment judgment, analytical rigor, and attention to detail.
• Demonstrated ability to thrive in a demanding, fast-paced environment and manage multiple priorities simultaneously.
• Highly motivated with a strong work ethic and willingness to respond to market-moving developments outside of regular business hours.
• Excellent financial modeling, written communication, and presentation skills.

The expected base salary range for this position is $225,000 - $300,000 plus a discretionary bonus. The bonus compensation can exceed base salary, but will depend on the performance of the individual, team and firm.

This full-time position is located in New York City. The analyst will be expected to be in office 4-5 days a week