Associate High Yield Analyst

Recruiter
City Wharf Financial Recruitment Ltd
Location
London
Salary
45000.00 - 60000.00 GBP Annual + + Bonus
Posted
07 Sep 2017
Expires
05 Oct 2017
Contract Type
Permanent
Leading Financial institution is looking for an Associate who's primary responsibility is to assist the Senior Analysts in providing analysis coverage on high yield, distressed debt and special situation securities. Specifically, the incumbent will construct detailed financial and valuation models while engaging in primary fundamental analysis on various industries and companies. The associate will be expected to deliver independent analysis based on company financials, drafts and published desk analysis and provide presentations.

Primary Responsibilities:

- Provide support to Senior Analysts through fundamental analysis and investment recommendations on high yield, distressed debt and special situation securities with an emphasis on original, bottom-up analysis.
- Lead all aspects of the building financial and valuation models, including but not limited to: constructing and maintaining operating and LBO models for focus companies, researching efficacy of quantitative factors; investigating and correcting issues related to data integrity; assisting on data integration projects; investigating different factor weighting schemes; developing multivariate factor models; and writing desk analysis reports.
- Conduct primary research through industry sources including, but not limited to, financial analysis, due diligence on industry trends, company managements and strategies.
- Build and update financial and valuation models that synthesize and assess financial, industry data.
- Analyze credit documentation to help drive the formation of an investment thesis.
- Write comprehensive desk analysis reports and present findings; draft reports/notes on relevant investment themes, events, and breaking news.
- Respond to client and internal inquiries regarding desk analysis and directives.
- Manage ad-hoc projects as assigned by Senior Analysts.

Suitable candidate

- Degree, or equivalent, is required.
- Background in accounting or legal is a plus.
- CFA, or progress towards CFA, and/or CPA designation is a plus.
- FCA CF30 Customer Qualification will need to be obtained
- 1-2 years of experience in an investment banking role, with a preference for leveraged finance, M&A, or restructuring backgrounds, or 1-2 years of experience working directly on conducting research covering multiple industries on the sell side or as a buy side generalist.
- Fluency in one or more European languages preferred.

Please note we will only contact those candidates we consider suitable. If you do not hear from us within 48 hrs please assume you have not been unsuccessful.