At a Glance
- Tasks: Lead high yield credit analysis and develop investment recommendations for traders and clients.
- Company: Mesirow, a dynamic employee-owned financial services firm with a rich history.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Why this job: Shape credit views and make impactful decisions in a fast-paced trading environment.
- Qualifications: Extensive experience in high yield credit analysis and strong financial modelling skills.
- Other info: Opportunity to engage with senior management and institutional clients.
The predicted salary is between 72000 - 108000 ÂŁ per year.
Mesirow is an independent, employee‑owned financial services firm founded in 1937. Headquartered in Chicago, with offices across the country, Mesirow serves clients through capabilities spanning Private Capital & Currency, Capital Markets and Investment Banking, and Advisory Services. We are seeking an experienced High Yield Credit Analyst (Director level) to join our London‑based credit trading platform. The successful candidate will play a leadership role in shaping credit views, identifying opportunities, and supporting trading and sales across European and U.S. high yield corporates. The position requires strong analytical skills, market knowledge, and the ability to deliver clear, actionable insights in a fast‑paced environment.
Key Responsibilities
- Lead fundamental credit analysis of high yield issuers, including financial statement review, capital structure assessment, and covenant analysis.
- Develop and present investment recommendations to traders, sales, and clients, supported by robust valuation and credit models.
- Monitor credits for upcoming catalysts, new issues, and secondary trading opportunities, highlighting risks and relative value.
- Partner with sales and trading to generate trade ideas, manage risk, and educate clients on credit stories.
- Maintain regular dialogue with management teams, investor relations, rating agencies, and market participants to stay ahead of developments.
- Produce and maintain clear credit reports, models, and concise one-page summaries to inform internal and client decision‑making.
Requirements
- Extensive prior experience in high yield credit analysis, leveraged finance, or investment research (sell‑side or buy‑side).
- Strong financial modeling, valuation, and credit structuring expertise.
- Proven ability to generate actionable investment ideas with a track record of strong credit calls.
- Excellent written and verbal communication skills, with the confidence to interact directly with senior management and institutional clients.
- Strong commercial mindset and ability to thrive in a trading‑driven environment.
- Proficiency in Bloomberg, Excel, and other financial tools.
High Yield Credit Analyst - Director employer: Mesirow Financial
Contact Detail:
Mesirow Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land High Yield Credit Analyst - Director
✨Network Like a Pro
Get out there and connect with people in the industry! Attend finance events, webinars, or even local meetups. The more you engage with others, the better your chances of landing that High Yield Credit Analyst role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your insights on credit analysis and market trends. We want to see your analytical skills in action, so be ready to discuss your past successes and how you can add value.
✨Tailor Your Approach
Every conversation is an opportunity! Make sure to tailor your discussions to the specific needs of the firm. Research Mesirow’s recent activities and align your expertise with their goals. This shows you’re not just another candidate; you’re the right fit.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Mesirow. Let’s make it happen!
We think you need these skills to ace High Yield Credit Analyst - Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the High Yield Credit Analyst role. Highlight your relevant experience in credit analysis, financial modelling, and any leadership roles you've held. We want to see how your skills align with what Mesirow is looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Share specific examples of your past successes in high yield credit analysis and how you can contribute to Mesirow's goals. Remember, we love a good story!
Showcase Your Analytical Skills: Since the role requires strong analytical skills, make sure to include examples of how you've successfully conducted credit analysis in the past. Whether it's through financial statement reviews or capital structure assessments, we want to see your expertise in action!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you're serious about joining the Mesirow team. We can't wait to see what you've got!
How to prepare for a job interview at Mesirow Financial
✨Know Your Numbers
As a High Yield Credit Analyst, you'll need to demonstrate your analytical prowess. Brush up on financial statements, capital structures, and covenants. Be ready to discuss specific examples from your past experience where your analysis led to successful investment recommendations.
✨Stay Current with Market Trends
Mesirow operates in a fast-paced environment, so it's crucial to be aware of the latest market developments. Research recent high yield issuances and any significant changes in credit ratings. This will not only show your enthusiasm but also your ability to provide actionable insights.
✨Practice Your Pitch
You'll likely need to present your investment ideas to traders and clients. Prepare a concise one-page summary of your top investment thesis and practice delivering it clearly and confidently. Focus on how you can add value to their trading strategies.
✨Engage with the Interviewers
During the interview, don't just answer questions—engage in a dialogue. Ask insightful questions about Mesirow's approach to credit analysis and how they view current market challenges. This shows your interest in the firm and helps you assess if it's the right fit for you.