Global Credit Trading & Syndicate - EMEA Leveraged Finance Trading Desk - Analyst

Overview

Analyst on the EMEA Leveraged Finance Trading desk covering loans and special situations, focusing on opportunistic and stressed credits. Partner with traders to generate trading revenues, manage desk inventory, and produce credit commentary to support market making and set trading levels in rapidly evolving credit situations.

• Review a wide variety of credits to produce commentary and analysis, identifying profitable trading opportunities for clients and desk positions.
• Formulate and express credit views and relative value across traded instruments.
• Collaborate with senior desk analysts on complex credits and work independently on others.
• Communicate credit developments and views in real time with traders.
• Prepare concise summaries for Sales and pitch trading opportunities to fund clients.
• Credit manage inventory positions, including amendments, waivers, and restructuring.
• Prepare ad hoc support materials and presentations for the group and clients.
• Network with market counterparts, including peer analysts, legal advisors, and restructuring advisors.
• Previous experience in leveraged loans and high yield bonds credit analysis and monitoring.
• Strong financial modeling and valuation skills.
• Strong work ethic and self-starter, able to work independently and as part of a larger team.
• Experience collaborating with senior team members to arrive at pricing and facilitate market making.
• Experience in credit analysis, including good cash flow modeling skills and understanding of company valuation.
• Clear and impactful communication, confident presentation skills, and ability to handle client interaction as needed.
• Ability to work under pressure and to tight deadlines, handling multiple demands on time.
• Knowledge of basic concepts of debt documentation, and willingness to learn to identify documentational weaknesses.

• Strong analytical and financial modeling skills; experience with leveraged loans and high yield bonds.
• Demonstrated ability to produce concise, high-quality credit commentary and insights.
• Proven ability to work in a fast-paced trading environment and to collaborate with traders and senior analysts.
• Excellent written and verbal communication; client interaction as needed.
• Ability to work under pressure and meet tight deadlines; multitasking across responsibilities.
• Knowledge of debt documentation concepts and willingness to learn about documentation weaknesses.

• European language skill is desirable, although not a prerequisite.

This role encompasses the performance of UK regulated activity. The successful candidate will be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.