POSITION PURPOSE:Position will research and analyze the assigned industries, to identify potential investment opportunities and monitor existing investments in the Broadly Syndicated Loan Market.
RESPONSIBILITIES:- Monitor respective investments in the Business Services sector within the leveraged loan market.
- Present written analysis on individual credits including but not limited to; identification of strengths/weaknesses, mitigants to weaknesses, business outlook, industry dynamics, company management, deal sponsor, capital structure, key credit agreement terms, collateral profile, cash flow projections/sensitivity analysis, comparable analysis, and relative value.
- Research investments incorporating fundamental analysis of companies within the leveraged loan space. Specifically, the analyst will be responsible for building/maintaining financial models, preparing written investment memoranda and quarterly/annual portfolio management reports.
- Assist in preparation of sector presentations on a periodic basis, providing current state of industry, company comparisons, valuations, new ideas, trends, etc. to the Investment Committee.
- Maintain high level of knowledge on current/evolving industry trends and monitor primary and secondary credit market activity in the leveraged loan/high yield space via networking/conversation with research analysts, third parties, and colleagues within the leveraged loan space.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)- Bachelor's degree in business, finance or related field of study.
- 2 to 5 years of experience in credit markets, including formal credit training, financial analysis and modeling, broadly syndicated loan market experience preferred but not necessary.
- Prior investment banking experience a plus.
- CPA, CFA and/or MBA a plus.
- Demonstrated understanding of GAAP principles/financial analysis/valuation/modeling.
- Ability to forecast/project based on drivers of applicable business.
- Demonstrated ability to interpret/analyze Quality of Earnings reports; understand/opine on Adjustments to EBITDA.
- Ability to perform Discounted Cash Flow Analysis/NPV analysis.
- Ability to assess Relative Value, based on yield calculations, internal/external ratings considerations, and credit metrics.
ABOUT YOU:- Ability to interact with outside institutions in professional manner, seeking guidance from research analysts/market color from capital markets professionals.
- Ability to write correspondence and/or reports.
- Ability to effectively present information to customers, clients and other employees of the organization.
- Ability to read, analyze and interpret financial reports and/or legal documents.
- Demonstrated competence with respect to overall macro factors and subsector trends/allocations.
- Demonstrated competence with Microsoft Excel, Word, PowerPoint.
- Demonstrated competence/curiosity with Artificial Intelligence (CoPilot, Claude, GPT, etc).
- Demonstrated competence in use of Bloomberg, Capital IQ.
- Demonstrated competence with Moody's/S&P online platforms for ratings/industry analysis.
- Ability to learn/adapt to technological platforms OFS employs on proprietary basis.
WHAT CIM OFFERS:At CIM, we believe our success stems from our collective efforts, and we are committed to providing well-rounded support and resources for our employees. In addition to a competitive compensation plan, CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits, including:
- A variety of Medical, dental, and vision benefit plans
- Health Savings Account with a generous employer contribution
- Company paid life and disability insurance
- 401(k) savings plan, with company match
- Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
- Up to 16 hours of volunteer time off
- Up to 16 weeks of Paid Parental Leave
- Ongoing professional development programs
- Wellness program, including monthly and quarterly prizes
- And more!
Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required. At CIM, base pay is one part of the total compensation package. This role is eligible for bonus pay in addition to base salary. The anticipated base salary range for the position in Chicago, IL is $120,000 - $140,000.
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