RoleWe are looking for a credit analyst who is keen to work on the leverage loan situations across the credit lifecycle, mainly primary analysis of loans in the broadly syndicated loan market in the US. The analyst will be a part of a team of fourteen analysts covering both performing and distressed credits.
We are seeking analysts experienced with primary new loans and performing credit coverage, or distressed debt and restructuring coverage. The analysts will be responsible for publishing credit research reports with actionable investment ideas, focusing on fundamental credit analysis, relative value analysis, and valuation.
The role provides the opportunity to collaborate with our lawyers and other groups in generating cross-disciplinary research and analysis for our subscribers, which include top institutional asset managers, hedge funds, investment banks, trading desks, and financial and legal advisors. The role involves a high degree of client interaction.
This position is based in New York City, with an in-office requirement of 3 days/week.
What we offer:- Working with a team of experienced, passionate analysts who will use a team-wide collaborative approach to developing as corporate credit analysts
- Fast growth environment with progression opportunities
- Generous benefits packages
Responsibilities - Conduct fundamental credit analysis, relative value analysis and build forward looking credit models with an aim of producing actionable investment ideas for our subscribers
- Prepare and write "deep dive" analysis on corporate loan issuers that include detailed discussions of key credit strengths, key credit risks, industry comparisons with publicly traded competitors, historical industry metrics, and historical transaction analysis of similar business for valuation analysis.
- As a member of the team, you will also be expected to maintain an active dialogue with team members and follow trends in various sectors that may be relevant for your next cases to analyze.
- Over time, ensure coverage of a portfolio of performing leveraged loan borrowers across different stages of lifecycle and lead primary analysis work
Requirements - Minimum of 1+ years of credit research experience from buy side, sell side or rating agency, with significant time spent in either a client-facing or decision-making role
- Experience should include financial analysis, building cash flow projections, and understanding capital structures
- Possess very strong technical and analytical skills as well as excellent written and oral communication abilities. Extensive writing is required, and excellence in written communication is a critical prerequisite. Reports are typically 20-30 pages of detailed writing and analysis.
- Familiarity with AI tools and an eagerness to learn
- Fluency in Excel
At Octus, we consider a range of factors in connection with compensation decisions, including experience, skills, location, and our business needs and limitations. As a result, compensation may vary within and across similar roles and positions. Please note that the salary range information below is a good faith estimate for this position and actual compensation for any individual may fall outside this range if warranted by the circumstances applicable to that individual. If we identify a role that would be suitable for a broader range of skills and experience such that we would consider hiring at multiple levels then the range listed below may reflect that breadth.
The base salary range estimate for this position is $80,000 - $100,000. This position is eligible for an annual discretionary bonus.
The actual compensation will be at Octus' sole discretion and will be determined by the aforementioned and other relevant factors.
