At a Glance
- Tasks: Drive portfolio construction and idea generation in high yield credit markets.
- Company: Leading alternative investment manager with a flat, entrepreneurial culture.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Collaborative atmosphere where your ideas matter, regardless of seniority.
- Why this job: Join a high-performing team and make impactful decisions in credit markets.
- Qualifications: 10+ years in credit markets with expertise in high yield and crossover credits.
The predicted salary is between 80000 - 100000 € per year.
We have partnered exclusively with a leading alternative investment manager looking to hire a Senior Credit Analyst (Desk-Focused, HY Credit) to join their London-based investment team. This is a newly created and expansionary front-office role sitting directly alongside Portfolio Managers and traders within a liquid credit strategy.
The incoming hire will sit directly alongside the PMs, actively driving pnl through idea generation, position sizing, and portfolio construction. The focus is on high yield and crossover, with the sweet spot in BB and B names globally.
Operating within a directional, actively managed credit platform, the role provides exposure to a broad opportunity set across high-yield and crossover markets. The platform has built its reputation on long tenure, deep cycle experience and a flat, non-political culture where good ideas are heard regardless of seniority. It is entrepreneurial by design, with a long history of seeding new strategies from within, and performance across the platform ranks among the strongest in European credit.
Key Responsibilities- Portfolio Construction & Overlay: Assess how individual credit ideas fit within the broader portfolio, including sizing, correlation, and marginal risk contribution.
- Idea Implementation: Work closely with PMs and analysts to translate fundamental views into actionable positioning, considering structure, entry points, and risk/reward.
- Market Technical Analysis: Monitor flows, positioning, and primary issuance to inform timing and execution decisions.
- High Yield Focus: Provide dedicated insight across high yield and crossover credits, particularly within higher beta segments of the portfolio, with ability to express views via single-name CDS.
- Cross-Market Integration: Incorporate insights from across credit markets to inform positioning decisions.
- Collaboration: Partner closely with senior analysts, PMs, and traders, contributing to investment discussions and challenging views constructively.
- Experience: 10+ years of experience in credit markets, with a strong focus on high yield and crossover credits. Experience across a full credit cycle is essential.
- Product Expertise: Strong familiarity with credit derivatives and relative value dynamics, alongside cash markets. Ability to think in terms of structured trade expression is highly preferred.
- Fundamental Credit Skills: Proven ability to assess credit risk, identify mispricing, and analyse issuer fundamentals in depth.
- Portfolio Mindset: Demonstrated experience considering investments within a broader portfolio context, including risk balancing and correlations.
- Market Awareness: Strong understanding of market technicals, including flows, liquidity, and issuance dynamics.
- Capital Structure Knowledge: Comfort analysing across the capital structure, including covenants and inter-creditor dynamics.
- Desk Mentality: Ability to operate in a fast-paced environment, making timely and well-reasoned decisions.
- Collaboration & Communication: Strong interpersonal skills, with the ability to work effectively within a senior, high-performing team.
- Additional Differentiators: Exposure to structured credit or CLOs is beneficial but not required.
Senior Credit Analyst (HY/CDS) in Birmingham employer: Laz Partners
As a leading alternative investment manager based in London, we pride ourselves on fostering a dynamic and inclusive work environment where innovative ideas thrive. Our flat, non-political culture encourages collaboration and empowers employees to contribute meaningfully to our high-performing investment team. With a strong focus on employee growth and the opportunity to work alongside seasoned Portfolio Managers and traders, this role offers a unique chance to drive impactful results in the high yield credit space while benefiting from our entrepreneurial spirit and commitment to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Analyst (HY/CDS) in Birmingham
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help land that dream job.
✨Show Off Your Skills
When you get the chance to meet potential employers, make sure to highlight your experience and skills relevant to high yield and crossover credits. We want to see how you can drive pnl and contribute to portfolio construction, so come prepared with examples of your past successes!
✨Be Ready for the Interview
Prepare for interviews by brushing up on market trends and technical analysis related to credit markets. We recommend practising common interview questions and having a few insightful questions ready to ask about their investment strategies. Show them you’re not just another candidate!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s get you on board!
We think you need these skills to ace Senior Credit Analyst (HY/CDS) in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in high yield and crossover credits. We want to see how your background aligns with the role, so don’t be shy about showcasing relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about credit markets and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:In your application, demonstrate your ability to assess credit risk and analyse issuer fundamentals. We’re looking for candidates who can think critically and provide insights that drive portfolio construction.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Don’t miss out!
How to prepare for a job interview at Laz Partners
✨Know Your Credit Markets
Make sure you brush up on your knowledge of high yield and crossover credits. Be prepared to discuss recent trends, key players, and any significant market movements. This will show that you're not just familiar with the theory but also engaged with the current landscape.
✨Demonstrate Your Analytical Skills
Be ready to showcase your ability to assess credit risk and identify mispricing. Prepare examples from your past experience where you've successfully analysed issuer fundamentals or constructed a portfolio. This will highlight your expertise and practical application of your skills.
✨Showcase Your Collaborative Spirit
Since this role involves working closely with PMs and traders, emphasise your teamwork skills. Share instances where you've contributed to investment discussions or challenged views constructively. This will demonstrate that you can thrive in a flat, non-political culture.
✨Prepare for Technical Questions
Expect questions about credit derivatives, relative value dynamics, and capital structure analysis. Brush up on these topics and be ready to discuss how you've applied this knowledge in real-world scenarios. This will help you stand out as a candidate who can think critically under pressure.
