Credit Analyst - LATAM

Overview

Your team. The Pictet Group is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented in 30 offices in financial centres worldwide, currently employing over 5300 people. Pictet has been present in London since 1980, and employs near 400 people. Pictet Asset Management manages the assets of some of the world’s largest institutions, financial intermediaries and their clients. Our culture welcomes independent thinkers and centres around investment excellence, a long-term perspective and a dedication to client service.

Fixed Income (FI) is formed of a team of 125 investment professionals located across 9 cities (Frankfurt, Geneva, London, Paris, Singapore, Hong Kong, Shanghai, Zurich & New York). Within this, our Emerging Market specialist team has been investing in the asset class since 1998. It is responsible today for over $8.5bn of assets and offers our clients a range of sovereign and corporate strategies on both a global and regional basis. You will work closely with the Emerging Market Corporate Credit team, collaborating in day-to-day investment analysis across Latin American high-yield and investment-grade issuers.

Your role:

• Build and maintain detailed financial models for corporate issuers including income statement, cash flow, balance sheet, leverage, liquidity, and covenant analysis.
• Analyse bond structures, capital structures, and security packages across operating and holding companies.
• Assess relative value across bonds, issuers, and peer groups using spreads, curves, duration, ratings, and structural features.
• Prepare credit research reports and concise investment summaries for internal use.
• Attend company earning and ESG calls, roadshows, and management meetings and produce clear, structured meeting notes and takeaways.
• Monitor financial performance, operating trends, and key credit metrics versus expectations.
• Track news flows, rating-agency actions, and covenant developments relevant to portfolio holdings and the broader Latin American credit universe.
• Support new issue analysis, refinancing scenarios, and downside or stress-case assessments.
• Contribute to ongoing portfolio monitoring and ad-hoc analytical requests from the team.

Your profile:

• Relevant undergraduate degree.
• 1-2 years’ relevant experience in credit research, investment banking, leveraged finance, or asset management, preferably in Latin American markets.
• Basic understanding of corporate finance and credit analysis and financial modelling skills in Excel.
• Ability to analyse bond documentation and understand key terms such as maturity of a bond, call structure, covenants, guarantees, and security.
• Foundational grasp of fixed income concepts such as spreads, duration, yield, curves, and relative-value frameworks.
• Strong written skills with the ability to produce clear, concise credit notes and investment summaries.
• Comfortable working with earnings releases, offering memoranda, rating-agency reports, and management presentations.
• High level of organization, accuracy, and ability to work under pressure in a fast-paced performance driven environment.
• Familiarity with Bloomberg and financial data platforms is a plus.
• Intellectually curious, receptive to feedback and eager to learn from colleagues. You will have a genuine interest in Latin American corporates and credit markets coupled with critical thinking and ability to challenge assumptions.
• Proficiency in English required, Spanish and/or Portuguese essential.

Note: We will not accept any CVs via agencies.

Diversity & Inclusion: Pictet is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace.