The Loans research analysts, in collaboration with the Portfolio Managers, contribute to building sound leveraged loan portfolios by sourcing attractive relative value opportunities in the primary and secondary markets and actively monitoring the performance of each investment
Your daily responsibilities:- Cover approximately 40-50 broadly syndicated leveraged loan credits across multiple sectors
- Perform due diligence, prepare full single-name credit write-ups including cash-flow projections, and present recommendations to the Credit Committee
- Monitor assets in portfolio (ad hoc and quarterly reviews, amendments/waivers, recovery analysis) and in the investable universe
- Present sector views on an ad hoc and semi-annual basis
- Identify relative value trade opportunities along with Portfolio Managers
- Maintain network of relationships with analysts at other asset managers, arranger banks, advisors, and PE sponsors to exchange information and enhance AXA's presence and franchise
- Participate in marketing efforts (presentation to investors)
- Collaborate with other internal teams
Are you our next US Leveraged Loans Research Analyst? - Education/Qualifications: Bachelor's Degree
- Experience: 8+ years of Leveraged Loan Credit Analysis prior experience. Auto, Housing / Building Materials, Aerospace & Defense sectors knowledge preferred
Knowledge and Skills - Ability to perform in-depth, qualitative and quantitative credit due diligence
- Understanding of legal loan documentation terms
- Experience in work-out/restructuring situations
- Knowledge of structured credit vehicles as well as total return strategies and familiarity with the different associated portfolio management styles
- Knowledge of the bank loan markets and players, ideally acquired within a previous loan credit analyst position at sell-side / buy-side institutions or rating agencies
