First Eagle Investments

Napier Park- Research Analyst

First Eagle Investments$110K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in finance, business, economics, or related field; CFA or MBA a plus.
  • 3-5 years of experience in the financial services industry, especially in buyside/CLO credit.
  • Dynamic communication skills with a focus on clear expression of ideas.
  • Strong analytical, interpersonal and technical skills including proficiency in Excel and financial modeling.
  • Expertise in the healthcare industry is advantageous but other backgrounds are welcome.

Responsibilities

  • Conduct detailed credit due diligence on potential investments by reviewing relevant materials and lender calls.
  • Perform financial, comparative, and proforma analyses of current and prospective investments.
  • Produce comprehensive investment memos, quarterly updates, and issuer rankings.
  • Collect and synthesize data from various industry and sell-side research sources.
  • Monitor portfolio holdings and assess loan amendments and quarterly financial statements.
  • Communicate performance changes and recommendations to the Head of Credit, PMs, and Traders.
  • Develop and refine financial models as needed.

Benefits

  • Generous paid time-off.
  • Comprehensive medical, dental, and vision healthcare plans.
  • 401(k) retirement plans with profit-sharing options.
  • Flexible/hybrid work environment.
  • Casual 'dress for the day' work attire policy.
Full Job Description
Who we are looking for:
Napier Park is seeking a Research Analyst to join our credit research team. This hire will be located on our trading desk with our credit team, portfolio managers and traders. Analysts are members of our centralized research group, which has a strong focus on CLO management and bank loan investing. The ideal candidate will be focused primarily on bank loan issuers that will be owned as part of our CLO vehicles. Our approach focuses on fundamental credit analysis, capital structure, collateral analysis, three statement and cash flow modelling and industry comp analysis. We value open communication and expect the candidate to have strong interpersonal skills and the ability to express their views clearly and concisely in verbal and written formats.

What you will do:
• Conduct fundamental credit due diligence on potential investments (listen to lender calls, review all related materials, etc.)
• Perform financial, comparative and proforma analyses of existing and potential investments
• Produce investment memos, quarterly updates, issuer rankings
• Collect and synthesize data and reports from industry and sell-side research sources
• Monitor existing holdings, review loan amendments, review quarterly financial statements
• Communicate changes in performance or recommendation of names covered to Head of Credit, PM's, Traders
• Develop, update and review financial models

The qualities you should have:
• Undergraduate degree, preferably in finance, business, economics or related field; CFA or MBA a plus
• 3-5 years of experience in the financial services industry, preferably within buyside/CLO credit
• Dynamic and effective communication skills, focus and perseverance, self starter
• Strong analytical, interpersonal and technical skills (i.e., excel and financial modelling)
• Healthcare industry expertise or coverage a plus but open to other coverage backgrounds

Base Salary range: $110,000 to $140,000. In addition, this role is eligible for an annual incentive bonus. Compensation may vary based upon, but not limited to - the individual's skills, experience, qualifications, and internal equity.

We value our people and offer a broad range of benefits. We provide generous paid time-off, medical/dental/vision healthcare plans, 401(k) retirement and profit-sharing plans, a flexible/hybrid work environment, "dress for the day" flexible work attire, and many more great benefits. For more information, please refer to our First Eagle Benefits website.

About First Eagle Investments

First Eagle Investment Management is an independent, privately-owned investment management firm. It provides a range of investment strategies to individuals and institutions. The firm manages equity, fixed income, and multi-asset portfolios. Its investment philosophy is centered on value investing, with a focus on downside protection. First Eagle Investment Management was founded in 1864 and is headquartered in New York, New York.
Learn more about First Eagle Investments
Size
500 employees
Industry
Net Income
$50 million
5 Year Trend
-5%
Revenue
$100 million
NASDAQ

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