• Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Credit Suisse -
  • 19 Apr 19

IBCM, PMG – Credit Research Analyst, ANL-ASO, New York

We Offer
The Research Analysts within PMG's New York group have primary responsibility for assessing the financial health and creditworthiness of corporate counterparties to which CS has extended credit. The Analysts conduct fundamental research, credit surveillance and assist with portfolio positioning.

Through Fundamental Research, the analysts:
Understand operational and financial drivers for counterparties in their assigned sector(s)
  • Develop an investment perspective on each counterparty and communicate views to the PMs, the DoR, PMG traders and other constituencies within Credit Suisse (including Credit Risk Management, the Enterprise Valuation Group and Corporate Lending)
  • Maintain updated financial models, credit ratings and outlooks
  • Perform ad hoc company analyses in support of the Firm's underwriting activities

Through Credit Surveillance, the analysts:
  • Analyze quarterly earnings and participate in significant company-sponsored conference calls
  • Maintain detailed enterprise valuation and recovery analyses for HY credits in the portfolio
  • Attend conferences, bank meetings, and other events to insure depth of perspective
  • Maintain dialogue with companies, sell-side analysts, buy-side analysts and rating agencies

Through Portfolio Positioning, the analysts:
  • Review rankings of the credits in the portfolio with senior members of the group
  • Monitor loan and CDS trading levels for opportunistic entry and exit points
  • Recommend hedging strategies to manage risk within coverage universe

You Offer
The ideal candidate for the Credit Research Analyst position will have:
  • 1 to 2 years of relevant and similar experience in a credit or equity position
  • Excellent verbal and written communication skills
  • Good financial modeling skills, including proficiency in Excel
  • General understanding of accounting and financial reporting
  • Effective organizational and multi-tasking skills; ability to manage multiple projects at once
  • Strong desire to discover answers to fundamental research questions through detailed analysis