Senior Credit Analyst, Private Placements Job in Stamford, Connecticut US
Senior Credit Analyst, Private Placements
Conduct and support fundamental credit research on investment grade and high yield corporate bonds as member of the Private Placements team. Person will be a key member of a team in evaluating new investment opportunities and in managing existing investment positions. 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 Private Placement Team and Genworth investments ? Prepare timely, comprehensive written analyses and cogently present facts, analyses, conclusions, and recommendations on individual credits as part of transaction underwriting process ? Report on individual credit or events to a broad audience within Genworth Investments ? Review and analyze transaction documents and work closely with internal and external counsel to assess strengths, risks, and value of deal covenants and structure ? Manage portfolio of existing credits and analyze, make recommendations on, and timely respond to amendment and waiver requests ? 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 private placement dealer coverage ? Outside of core credit responsibilities, actively contribute to division-wide projects and process improvement efforts BASIC QUALIFICATIONS ? Undergraduate degree ? MBA or equivalent degree and 4+ years corporate credit research experience, or an equivalent combination of education and related experience ? Experience and demonstrated ability in reviewing corporate financial reports ? Understanding of deal documentation and structure with the ability to incorporate covenants and structure as an integral component of the underwriting process ? Strong functional capability within Windows spreadsheet applications ? Solid 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 Private Placement and Investments Leadership PREFERRED QUALIFICATIONS ? Understanding of current credit risk models such as KMV, etc. ? Understanding of fixed income mathematics ? CFA or candidacy