Responsibilities:
- Contribute to the Global Credit Research team with around 20 fundamental and quantitative credit analysts with diverse backgrounds in Munich und New York
- Conduct fundamental credit research and build in-depth knowledge covering approximately 70 issuers
- The analysis focuses primarily on US high yield credits
- Stay in touch with senior management of covered companies and drive the ESG engagement process. Consider ESG factors in the credit research analysis and incorporate ESG aspects into the credit investment process
- Task include the assignment of internal credit rankings, investment recommendations (vs. benchmark, absolute return, and buy-and-hold), peer group comparisons, and sector outlook presentations
- Close collaboration and exchange of knowledge within the global credit research team and with portfolio management
Qualifications:
- Several years of professional experience in the credit markets with asset managers, banks, or rating agencies
- Solid knowledge of the US high yield market is required
- Knowledge of US investment grade analysis is a plus
- Experience in financial modeling, including stress testing and scenario analysis
- Good understanding of fundamental quality assessment and relative valuation in the market
- Strong verbal and written presentation skills
- Solid IT knowledge (Bloomberg, Excel, Power BI, VBA) and quantitative analysis skills are a plus
Benefits:
- Flexibility: Mobile work (option to work from home a few days a week), 30 days of vacation
- Asset Accumulation & Retirement Planning: Company pension system & employee savings plan
- Development: Intensive professional & personal development (internal & external offerings), LinkedIn Learning access
- Health: Comprehensive company doctor services, Urban Sports cooperation
- Family: pme family service, childcare allowance, care assistance, cooperation with daycare centers, flexible working hours
- Other: Daily free lunch in our cafeteria, Free hot drinks & water, "Deutschland Ticket Job" subsidy, Events, Underground parking garage with e-charging infrastructure & much more!
