Credit Analyst, Corporate Credit Research recruitment
Responsibilities:
• Through fundamental credit analysis, provide timely buy/sell/hold recommendations in support of investment and portfolio management needs and new-issue and secondary-market investment opportunities. Analysis to include total exposure, maturity, and relative value considerations
• Share knowledge - both verbally and in writing -- regarding ongoing credit or sector developments with other members of the CCRT and Genworth investments
• Prepare timely, comprehensive written analyses on individual credits, sectors, or events and cogently present facts, analyses, conclusions, and recommendations to a broad audience within Genworth Investments
• Provide credit input for ongoing asset selection and substitution for Genworth bespoke CDOs
• Maintain and report on current credit views by following and analyzing news, company financial reports and other releases, rating agency actions, analyst publications, and other information sources
• Interact with rating agencies, Wall Street analysts, and other independent sources to obtain
external views on individual credits or industries
• Participate in monthly credit reviews and credit surveillance discussions and provide in-depth assessment of identified names for periodic accounting valuation (defend) processes
• Provide credit research to support new business initiatives
• Develop and maintain relationships with Genworth's primary securities dealer coverage
• Outside of core credit responsibilities, actively contribute to division-wide projects and process improvement efforts
Preferred sector experience in Energy, Chemicals, Paper, Forest but also open to other sectors too. Strong credit skills required.
BASIC QUALIFICATIONS
• Undergraduate degree
• Experience and demonstrated ability analyzing corporate financial statements
• Strong functional capability with Microsoft Office (Excel, Word, PowerPoint, Outlook) suite of applications and Bloomberg terminal functions
• Understanding of fixed income mathematics
• Excellent written and verbal communications skills and the ability to present effectively to Investment Area leadership and broader groups
• Solid decision-making skills regarding core credit responsibilities, requiring only limited guidance and oversight
• Ability to positively influence other members of the CCRT
PREFERRED QUALIFICATIONS
• MBA or equivalent degree and 5+ years corporate credit research experience; or an equivalent combination of education and related experience
• Working knowledge of credit derivatives
• Understanding of current credit risk models such as KMV, etc.
• CFA or candidacy