Senior Credit Analyst (HY/CDS) in Edinburgh
Senior Credit Analyst (HY/CDS)

Senior Credit Analyst (HY/CDS) in Edinburgh

Edinburgh Full-Time 80000 - 100000 £ / year (est.) No home office possible
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Laz Partners

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.
Requirements & Qualifications
  • 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 Edinburgh employer: Laz Partners

As a leading alternative investment manager, we pride ourselves on fostering a dynamic and inclusive work environment in London, where innovative ideas are valued and collaboration is key. Our flat organisational structure encourages open communication and empowers employees to take ownership of their contributions, while our commitment to professional development ensures that team members have ample opportunities for growth and advancement within the firm. Join us to be part of a high-performing team that consistently delivers exceptional results in the high yield and crossover credit markets.
Laz Partners

Contact Detail:

Laz Partners Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Credit Analyst (HY/CDS) in Edinburgh

✨Network Like a Pro

Get out there and connect with folks in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to people 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.

✨Ace the Informational Interview

Set up informal chats with professionals already working in roles you’re eyeing. This is your chance to learn more about the company culture and the specifics of the Senior Credit Analyst role. Plus, it shows your genuine interest and can lead to referrals down the line!

✨Showcase Your Expertise

When you get the chance to meet potential employers, make sure to highlight your experience in high yield and crossover credits. Share specific examples of how you’ve driven pnl through idea generation and portfolio construction. We want to see your skills in action!

✨Apply Through Our Website

Don’t forget to apply directly 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 that extra step to engage with us directly.

We think you need these skills to ace Senior Credit Analyst (HY/CDS) in Edinburgh

Credit Market Expertise
High Yield Analysis
Crossover Credit Knowledge
Portfolio Construction
Risk Assessment
Market Technical Analysis
Credit Derivatives Familiarity
Structured Trade Expression
Fundamental Credit Skills
Capital Structure Analysis
Collaboration Skills
Communication Skills
Decision-Making Skills
Market Awareness

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 decisions.

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 Stuff

Make sure you brush up on your knowledge of high yield and crossover credits. Be ready to discuss specific examples of how you've assessed credit risk and identified mispricing in the past. This will show that you’re not just familiar with the theory but have practical experience too.

✨Showcase Your Portfolio Mindset

Prepare to talk about how you consider investments within a broader portfolio context. Think about times when you balanced risk and correlations in your previous roles. This will demonstrate that you understand the bigger picture and can contribute effectively to portfolio construction.

✨Be Ready for Market Technicals

Familiarise yourself with current market flows, liquidity, and issuance dynamics. You might be asked about recent trends or how you would approach timing and execution decisions based on these factors. Showing that you’re on top of market technicals will impress the interviewers.

✨Collaboration is Key

Since this role involves working closely with PMs and traders, think of examples where you’ve successfully collaborated in a team setting. Highlight your interpersonal skills and how you’ve contributed to investment discussions. This will help convey that you can thrive in their flat, non-political culture.

Senior Credit Analyst (HY/CDS) in Edinburgh
Laz Partners
Location: Edinburgh
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