At a Glance
- Tasks: Assist in credit analysis and contribute to fundamental credit strategies.
- Company: Dynamic hedge fund with a focus on innovative credit solutions.
- Benefits: Competitive salary, potential bonuses, health benefits, and 401(k) contributions.
- Other info: Fast-paced environment with opportunities for growth and collaboration.
- Why this job: Join a cutting-edge team and make an impact in the finance world.
- Qualifications: Advanced degree in finance or related field; coding skills are a plus.
The predicted salary is between 120000 - 180000 £ per year.
We are seeking a junior DM corporate credit analyst who will be supervised by a senior analyst in charge of covering a given set of sectors/regions on both bonds and loans instruments across the full risk spectrum, and contributing to a collection of fundamental credit strategies across our hedge fund and CLO vehicles.
The role of the junior analyst will be:
- Assist the senior analyst by collecting information, attending investor presentations, running credit analysis and documenting credit memos.
- Help the senior analyst monitor thoroughly and actively the fundamentals and market dynamics of all issuers in coverage on both bonds and loans instruments (notably across earnings or any events).
- Be part of the buildout of the new Squarepoint CLO platform along with our CLO management PMs and DCM heads.
- Contribute to our fundamental business for the hedge fund centred around primary, short duration and alpha capture.
Required Qualifications:
- Advanced degrees from top universities in Finance/Accounting/Economics/Mathematics/Statistics or related subjects.
- Experience in researching, analyzing and modelling data – ideally through prior internship experience or in a related position.
- 1 - 4 years of relevant experience as a bank desk analyst from High Yield/loans/distressed desk, Origination desk focusing on leveraged finance, Investment banking/M&A division covering any sector, or in buy-side firms: Long only credit asset managers, CLO shops, Credit specialists, HFs, Multi-strategy HFs, Big 4 auditing firms: Consulting/advisory, Deals/transaction, Audit teams covering any sectors.
- Coding skill in Python and ease with Excel is a plus.
- Excellent writing skills and ability to quickly synthesise thoughts and organise information.
- Openness to tackle any project or task that is required.
- Strong communication skills and ability to work well with colleagues across multiple teams and regions.
- Ability to work under pressure and deliver under tight timelines.
The minimum base salary for this role is $150,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates’ compensation and benefits will be determined in consideration of various factors.
Junior Credit Fundamental Research Analyst in London employer: Squarepoint Capital
Squarepoint is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation among elite professionals in the trading industry. Located in New York, employees benefit from competitive compensation packages, including discretionary bonuses and comprehensive health and wellness plans, while also having ample opportunities for professional growth and development through mentorship and training programs. Join us to be part of a forward-thinking team that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Credit Fundamental Research Analyst 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 Squarepoint Capital. 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 Junior Credit Fundamental Research Analyst in London
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 Squarepoint Capital.
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 Squarepoint Capital'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 Squarepoint Capital
✨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 Squarepoint Capital.
✨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 Squarepoint Capital 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 Squarepoint Capital 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.
