At a Glance
- Tasks: Conduct credit analysis on leveraged loans and high yield bonds, and build financial models.
- Company: Join UBS, a leading global financial services firm with a diverse and inclusive culture.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Fast-paced environment with opportunities for growth and learning.
- Why this job: Make an impact in finance by analysing investments and supporting portfolio management.
- Qualifications: 3-7 years in finance or credit investing; strong analytical and communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
Responsibilities
- Conduct fundamental credit analysis on leveraged loans and high yield bonds, including detailed review of financial statements, operating performance, and credit risk drivers.
- Build and maintain financial models to project cash flows, assess leverage, covenant compliance, and downside scenarios.
- Prepare high quality investment memoranda and support Portfolio Managers during Investment Committee discussions with clear analysis and recommendations.
- Evaluate new primary market opportunities by reviewing offering materials, attending management or bank calls, and assessing deal terms and documentation.
- Monitor secondary market positions, tracking performance, pricing, and credit developments, and flagging risks or opportunities to the investment team.
- Support ongoing portfolio monitoring by updating models, preparing credit reviews, and contributing to risk, valuation, and investor reporting.
Qualifications
- Ideally 3–7 years of experience in corporate/leveraged finance or credit (research) investing; investment banking / leveraged finance experience preferred.
- Strong finance & accounting skills, including cash flow analysis and earnings quality assessment.
- Solid understanding of capital structures, leverage, and credit ratios.
- Fundamental credit analysis capability, including default risk, recovery dynamics, and covenant protection.
- Ability to read and interpret loan agreements and bond indentures, identifying key covenants, structural risks, and legal protections.
- Strong written and verbal communication skills; self-starter who thrives in a flat team, with excellent attention to detail and ability to manage multiple priorities in a fast-paced environment.
Job Details
- Job Type: Full Time
- Job Reference #: 337705BR
- City: London
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
Research Analyst (Leveraged Loans & High Yield Bonds) - CIG employer: UBS
UBS is an exceptional employer for a Research Analyst in London, offering a dynamic work culture that fosters collaboration and innovation. With a strong commitment to employee development, you will have access to extensive training and growth opportunities while working alongside industry experts in a fast-paced environment. The company's dedication to diversity and inclusion ensures that every voice is valued, making it a rewarding place to build your career in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Research Analyst (Leveraged Loans & High Yield Bonds) - CIG
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who have experience in leveraged loans and high yield bonds. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your financial modelling skills. Be ready to discuss your experience with cash flow analysis and credit risk drivers. We want to see you shine when it comes to demonstrating your analytical prowess!
✨Tip Number 3
Stay updated on market trends and recent deals in the leveraged finance space. This knowledge will not only impress interviewers but also help you engage in meaningful conversations during networking events. Show us you’re passionate about the industry!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Research Analyst (Leveraged Loans & High Yield Bonds) - CIG
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Research Analyst role. Highlight your experience in corporate finance, credit analysis, and any relevant projects that showcase your skills in financial modelling and cash flow analysis.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this position. Share specific examples of your past work in leveraged loans or high yield bonds, and how your skills align with our needs at StudySmarter.
Showcase Your Analytical Skills:In your application, emphasise your ability to conduct fundamental credit analysis. Mention any tools or methodologies you’ve used to assess credit risk and how you've contributed to investment decisions in previous roles.
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 the role. Plus, it shows us you’re keen on joining the StudySmarter team!
How to prepare for a job interview at UBS
✨Know Your Numbers
Make sure you brush up on your finance and accounting skills. Be ready to discuss cash flow analysis, leverage ratios, and credit risk drivers in detail. Practising how to explain these concepts clearly will show that you can communicate complex ideas effectively.
✨Master the Models
Since building and maintaining financial models is key for this role, we suggest you prepare a few examples of models you've worked on. Be ready to walk through your thought process and how you assess different scenarios, as this will demonstrate your analytical skills.
✨Understand the Market
Familiarise yourself with current trends in leveraged loans and high yield bonds. Being able to discuss recent market developments or specific deals will show your enthusiasm and understanding of the industry, which is crucial for evaluating new opportunities.
✨Prepare for Scenario Questions
Expect questions that assess your ability to handle real-world situations, like monitoring secondary market positions or preparing investment memoranda. Think of examples from your past experience where you successfully managed risks or made recommendations, as this will highlight your practical knowledge.
