Credit Analyst (European High Yield), Global Asset Manager, London, London

Responsibilities

• Provide fundamental coverage of European High Yield corporates, delivering investable ideas to fixed income portfolios.
• Perform deep credit analysis and relative value assessment at issuer and bond level.
• Build and maintain detailed financial models; analyse covenants, documentation and capital structures.
• Integrate ESG considerations into research and recommendations.
• Prioritise coverage within a broader sector universe in line with fund needs and market opportunities.
• Publish research notes internally and present high‑conviction views to portfolio managers.
• Partner with traders and quants to incorporate liquidity and quantitative insights.
• Lead issuer due diligence and management meetings; conduct primary and secondary research.
• Collaborate with equity research on cross‑asset insights and attend strategy discussions.
• Mentor research associates and coordinate with global colleagues; occasional travel.

Requirements

• 5+ years’ experience in credit research or investing; European High Yield exposure preferred.
• Strong track record in financial modelling and relative valuation for corporates.
• Deep understanding of fixed income instruments, documentation and liquidity across capital structures.
• Ability to incorporate ESG analysis into credit recommendations.
• Willing to cover telecoms within European HY; sector breadth welcome.
• Degree or equivalent; CFA charterholder (or progress) advantageous.
• Collaborative mindset and adaptable approach in fast‑moving markets.