Research Analyst; Leveraged Loans & Yield Bonds - CIG

Responsibilities

• conduct fundamental credit analysis on leveraged loans and high yield bonds, including detailed review of financial statements, operating performance, and credit risk drivers
• build and maintain financial models to project cash flows, assess leverage, covenant compliance, and downside scenarios
• prepare high quality investment memoranda and support Portfolio Managers during Investment Committee discussions with clear analysis and recommendations
• evaluate new primary market opportunities by reviewing offering materials, attending management or bank calls, and assessing deal terms and documentation
• monitor secondary market positions, tracking performance, pricing, and credit developments, and flagging risks or opportunities to the investment team
• support ongoing portfolio monitoring by updating models, preparing credit reviews, and contributing to risk, valuation, and investor reporting

• ideally 3–7 years of experience in corporate/leveraged finance or credit (research) investing; investment banking / leveraged finance experience preferred
• strong finance & accounting skills, including cash flow analysis and earnings quality assessment
• solid understanding of capital structures, leverage, and credit ratios
• fundamental credit analysis capability, including default risk, recovery dynamics, and covenant protection
• ability to read and interpret loan agreements and bond indentures, identifying key covenants, structural risks, and legal protections
• strong written and verbal communication skills; self‑starter who thrives in a flat team, with excellent attention to detail and ability to manage multiple priorities in a fast‑paced environment

Job Type: Full Time

Job Reference #: 337705

City:
London

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.