Senior Analyst –International Credit Team recruitment
Driehaus Capital Management LLC provides investment management services to institutional clients, high net worth individuals and mutual fund investors. Currently, we manage more than $7 billion in assets spread between institutional portfolios, separately managed accounts and mutual funds. Founded in 1982 by Richard H. Driehaus as a growth-equity style investment boutique, the Firm has a team of investment professionals managing 9 U.S. and ex-U.S. equity investment strategies, 3 absolute return credit strategies and is launching an International credit strategy.
We are seeking a Senior Analyst for our New York City office with a minimum of five years relevant work experience, to support the Portfolio Manager in generating ideas, trading and constructing the International credit portfolio(s). Primary responsibilities:
- Evaluates and recommends new investment ideas and sales of directional and relative value credit, rates, and currency strategies in emerging market and developed credits.
- Establishes relative value inter- and intra- issuer; ability to discern the most appropriate instrument (both cash and derivatives) to express investment thesis.
- Monitors macroeconomic, fundamental and technical trends within the market to generate appropriate investment ideas and contribute to asset allocation decisions.
- Conducts maintenance research for existing holdings to ensure they continually meet stated investment objectives.
- Develops and maintains financial models to monitor the creditworthiness of portfolio and prospective issuers (both corporate and sovereigns).
- Supports the team in trading/monitoring markets across time zones and regions. Given the global nature of this strategy, the candidate must be willing and able to work evenings and/or early mornings as necessary.
- Supports the Portfolio Manager in the development of a robust global research, analytics, risk and attribution infrastructure.
- Under the supervision of the Portfolio Manager, assists in the management of developmental products according to the funds’ given strategy.
- Creates and maintains model portfolios as a means to generate new ideas for client portfolios.
Knowledge/Experience:
- Seasoned credit analyst/economist with demonstrated technical competency and a minimum of five years relevant experience in two of the three core research areas (credit, rates and currencies) with extensive global experience and desire to expand in geographic scope, asset classes and/or skill set (trading/portfolio management).
- Previous experience trading fixed income securities (cash, interest rate swaps, credit default swaps, currency forwards, futures), in either directional or relative value strategies a plus.
- Facility with fixed income analytics and risks; ability to build monitoring, analytical, risks and attribution tools on Excel, Bloomberg API, and/or Fincad.
- MBA and/or CFA preferred.
Interested candidates must send a cover letter (detailing International experience) and resume to HR@Driehaus.comand reference job code [SAIC] when applying.