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For Companies At a Glance
- Tasks: Conduct in-depth credit analysis and generate investment ideas for a leading pension scheme.
- Company: Join USS, a major player in the UK pension sector with a collaborative culture.
- Benefits: Enjoy a competitive salary, career development opportunities, and a supportive work environment.
- Why this job: Make a real impact on financial decisions while working with industry experts.
- Qualifications: Experience in credit analysis and strong skills in Excel and Bloomberg.
- Other info: Flexible and inclusive recruitment process to attract diverse talent.
The predicted salary is between 36000 - 60000 £ per year.
Business Area: Fixed Income, Treasury and Trading
Place of Work: London
Contract Type: Permanent
When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.
About the role
In your role as Credit Analyst, you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to perform deep-dive fundamental credit analysis on non-financial issuers resulting in trade recommendations, develop expertise on specified sectors, and be able to take views on individual credits based on these skills and knowledge. You will contribute to the collegiate decision-making process of the team and independently generate investment/divestment ideas for desk as well as actively participate in team discussions around single names. In addition, you will produce alpha generation ideas across the Global Credit Mandates and maintain an understanding of market trends, economic indicators, geographic and sector specific factors that may impact portfolio performance.
What you will be doing
As a trusted part of the Fixed Income, Treasury and Trading team you will be responsible for:
- Delivering Results
- Take ownership of allocated credit exposures.
- Monitor these credits closely, including the quarterly earnings reporting and changes in and relative to expectations.
- Keep on top of regulatory and policy changes, as well as macro developments, which could impact the credit exposure.
- Generate investment/divestment ideas and assist the Portfolio Managers.
- Managing Resources
- Attend credit conferences/Issuer meetings and share relevant insights.
- Source investment opportunities and leverage external resources for the scheme.
- Managing Relationships
- Key internal relationships with peers across the Fixed Income & Treasury Team, Responsible Investment, Financial Risk, Investment Strategy & Advice (ISA), Private Markets (PMG) and Public Equities teams. Aim to collaborate/share expertise across the various teams to maximise benefit to USSIM.
- Develop working relationships with key sell-side Analysts and Sales.
About you
We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.
To be successful in the role you will have:
- A background as a Credit Analyst preferably with exposure to both investment grade and high yield companies
- Strong credit modelling skills
- Experience of US and European Investment Grade and High Yield bond markets
- An understanding of drivers for spread & price changes in IG and HY credits
- A feel for macro factors affecting credit and broader financial markets.
- An understanding of Environmental, Social and Governance considerations for single name and sectors
- Proficiency in Excel and Bloomberg
- Experience in writing and presenting clear, concise reports/process documents, sometimes synthesising complex material.
- The ability to work well in a small and collegiate team
- Clear communication
About us
Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and other higher education institutions in the UK. We work with around 330 employers to help build a secure financial future for almost 577,000 members and their families. We are one of the largest private defined benefit pension schemes in the UK, with total assets of around £76.8bn (at 31 March 2025). To find out more, please visit https://www.uss.co.uk
USSIM is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent. We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting resourcing@uss.co.uk.
Credit Analyst employer: Universities Superannuation Scheme (Ltd)
Contact Detail:
Universities Superannuation Scheme (Ltd) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees at USS on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by diving deep into credit analysis topics. Brush up on your knowledge of investment grade and high yield markets, and be ready to discuss how macro factors influence credit. We want to see your passion!
✨Tip Number 3
Show off your analytical skills during the interview. Bring examples of your previous work, like reports or presentations, that highlight your credit modelling expertise. This will help us see how you think and approach problems.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team at USS. We can’t wait to see what you bring to the table!
We think you need these skills to ace Credit Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Credit Analyst role. Highlight your credit modelling skills and any relevant experience in investment grade and high yield companies to catch our eye!
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're excited about working at USS. Share specific examples of how your background fits the role and how you can contribute to our team’s success.
Showcase Your Analytical Skills: In your application, demonstrate your ability to perform deep-dive fundamental credit analysis. Include any relevant projects or reports you've worked on that showcase your analytical prowess and understanding of market trends.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Universities Superannuation Scheme (Ltd)
✨Know Your Credits
Before the interview, dive deep into the credit analysis of both investment grade and high yield companies. Familiarise yourself with recent trends in the US and European bond markets, and be ready to discuss how macroeconomic factors influence credit spreads and prices.
✨Showcase Your Modelling Skills
Be prepared to demonstrate your credit modelling skills during the interview. Bring examples of your previous work or analyses that highlight your proficiency in Excel and Bloomberg, as well as your ability to synthesise complex information into clear reports.
✨Engage with the Team Dynamics
Since this role involves collaboration with various teams, think about how you can contribute to a collegiate environment. Prepare examples of past experiences where you successfully worked in a team, shared insights, or built relationships with analysts and sales teams.
✨Stay Updated on ESG Factors
Understand the Environmental, Social, and Governance considerations relevant to credit analysis. Be ready to discuss how these factors impact investment decisions and portfolio performance, showing that you’re not just focused on numbers but also on broader implications.
