Investment Grade Credit Research, Sr. Associate

Location Designation: Hybrid - 4 days per week 

 

Our New York Life culture has laid the foundation for over 180 years of commitment to our employees, agents, policy owners, and the communities where we live and work. Here you become a valued part of a welcoming, inclusive, and caring organization with a long-standing legacy in stability and growth. The strength revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance.

 

As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities.  You will be part of an inclusive team guided by our belief to always be there for each other–providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.

 

You are our future, and we commit to investing in you accordingly.

 

NYL Investors is seeking a highly qualified investment analyst to join our Public High Grade Corporate Credit Group within our Fixed Income Investors (FII) Group.  Fixed Income Investors is a multi-product fixed income asset management division of NYL Investors LLC. FII focuses on U.S. dollar-denominated debt in the following asset classes: investment grade credit securities, high yield bonds, senior secured floating rate loans, mortgage-backed, asset-backed and other structured securities, treasuries, agencies, and money market instruments.  FII provides a broad array of investment advisory services to affiliated insurance companies’ general and separate accounts and other affiliated corporate entities: third-party institutional clients, retail clients, investment companies and other pooled investment vehicles. The Public High-Grade Credit Group is responsible for a portfolio of over $95 billion Corporate bonds.

 

What You’ll Do:

• Work closely with senior research analysts to perform fundamental credit analysis for a portfolio of investment grade companies
• Monitor various industries, including changes or shifts in industry fundamentals that potentially affect company results and investment performance
• Use financial models to analyze the capital structure and creditworthiness of existing and potential new investments
• Review and summarize offering memoranda and present findings and recommendations to management
• Collaborate with portfolio management and trading professionals to assess relative value and evaluate new investment opportunities
• Analyze new transactions applying sound credit analysis, financial analysis, and research skills
• Prepare credit memorandums and present research findings to a credit committee
• Maintain timely reporting and documentation of transactions
• Prepare topical presentations, portfolio reports, and other special projects

 

What You’ll Bring:

• BA required - preferably with a concentration in Finance, Accounting, Math, Economics, or Engineering
• 3 to 7 years of experience in credit research involving both qualitative and quantitative analysis
• Well-developed quantitative, analytical, and problem-solving skills
• Excellent written & oral communication skills
• Ability to work both independently and in a team with multiple reporting lines
• Strong team player with the ability to manage and prioritize numerous tasks

#LI-AM1

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Pay Transparency

Salary Range:  $90,000-$140,000 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

 

Actual base salary will be determined base