Desk Analyst - High Yield & Leveraged Loans in London

Desk Analyst - High Yield & Leveraged Loans in London

London Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Market-Securities

At a Glance

  • Tasks: Conduct in-depth credit research and collaborate on investment opportunities in high yield markets.
  • Company: Dynamic trading desk with a focus on high yield and distressed markets.
  • Benefits: Gain significant responsibility, steep learning curve, and exposure to top-tier clients.
  • Other info: Team-oriented culture with opportunities for professional growth.
  • Why this job: Join a fast-paced environment and make impactful investment decisions.
  • Qualifications: 4-8 years in credit research with strong financial modelling skills.

The predicted salary is between 60000 - 80000 £ per year.

Job Description

Market Securities is seeking an experienced high yield and leveraged loan credit analyst to join its expanding High Yield and Distressed Sales & Trading desk.

This role offers a unique opportunity to underwrite and cover some of most exciting names in the European, Emerging, and US high yield, leveraged loan, and distressed markets.

The successful candidate will work closely with traders and sales to generate actionable investment ideas and support the desk’s engagement with institutional clients.

Our model provides enthusiastic, hard-working professionals with significant responsibility, a steep learning curve, and direct exposure to global tier 1 clients in a dynamic trading environment.

Key Responsibilities

  • Conduct in-depth fundamental credit research and legal documentation reviews on high yield and leveraged loan issuers across industries and regions.
  • Collaborate with traders and fellow desk analysts to identify, analyze, and pitch opportunities across the capital structure (bonds, loans, restructured equities, and bankruptcy claims).
  • Deliver real-time investment views to sales and institutional clients, with clear and concise communication.
  • Maintain sector coverage, providing timely updates on earnings, rating agency actions, M&A, restructurings, and other credit events.
  • Monitor and adjust investment considerations throughout the entire trade life cycle.

Requirements

  • 4 - 8 years of experience in high yield, leveraged loan, and/or distressed credit research (sell-side or buy-side).
  • Strong understanding of financial statements, corporate credit analysis, and legal documentation.
  • Advanced financial modelling skills, including cash flow forecasting and capital structure analysis.
  • Ability to assess credits from both fundamental and relative value perspectives.
  • Exceptional communication skills, with the ability to present concise, actionable views under time pressure.
  • Highly motivated, with a team-oriented mindset and strong attention to detail.

Desk Analyst - High Yield & Leveraged Loans in London employer: Market-Securities

Market Securities is an exceptional employer for those looking to thrive in the fast-paced world of high yield and leveraged loans. With a strong emphasis on professional growth, our collaborative work culture encourages analysts to take on significant responsibilities while engaging directly with top-tier global clients. Located in a dynamic trading environment, we offer unparalleled opportunities for learning and development, making it an ideal place for motivated individuals to advance their careers.

Market-Securities

Contact Details:

Market-Securities Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Desk Analyst - High Yield & Leveraged Loans in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Market-Securities. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Desk Analyst - High Yield & Leveraged Loans in London

Credit Research
Legal Documentation Review
Financial Statement Analysis
Corporate Credit Analysis
Financial Modelling
Cash Flow Forecasting
Capital Structure Analysis

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Market-Securities.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Market-Securities's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Market-Securities

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Market-Securities.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Market-Securities will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Market-Securities employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.