Senior High Yield Credit Analyst

6 days ago


Navi Mumbai, Maharashtra, India Sutherland Full time

Overview

Sutherland is a leading provider of business process outsourcing services. As a Senior High Yield Credit Analyst, you will be responsible for credit coverage of major sectors and individual company positions.

About the Role

The ideal candidate will have prior experience in financial modelling, with a strong understanding of high yield markets and leveraged loans. You will work closely with investment professionals to maximize risk/return potential while collaborating with the larger Credit Research team.

Responsibilities

  • Monitor single name corporate credit situations in North America, focusing on performing and opportunistic strategies in high yield and leveraged loan markets.
  • Perform investment research, including:
  • Financial Model Building: Develop comprehensive financial models with KPI-driven revenue models, cost drivers, working capital analysis, capex schedules, capital structure forecasts, covenant analysis, default & recovery workouts, and IRR sensitivities.
  • Term Sheet Preparation: Create term sheets from credit agreements and bond indentures.
  • Investment Memo Drafting: Write Investment Memos, identifying investment catalysts and providing recommendations on high yield bonds/loans, including fundamental and relative value views for primary and secondary trades.
  • Presentation: Present primary and secondary deals to the investment committee, taking full ownership of the deal and monitoring its performance against benchmark bonds.
  • Portfolio Coverage: Maintain portfolio coverage, updating models and earning summary write-ups, while keeping stakeholders informed about portfolio news.

Qualifications

  • MBA or equivalent in Finance /CFA/CA.
  • A minimum of 4-5 years of buy-side or sell-side experience covering single name corporate credit in high yield markets, across Leveraged Loans and/or Bonds asset classes.
  • Proficiency in building extensive financial models with 3-statement forecasts (all interlinked) and developing base and downside cases.
  • Experience in writing Investment Memos covering primary and secondary trades.
  • A generalist with good sector exposure in any of TMT, Healthcare, Autos, Manufacturing, Oil & Gas sectors.
  • Proficiency in using Databases & Portfolio Asset Management Systems - Bloomberg, CapIQ, FactSet, Syndication sites, Everest, eFront.
  • Ability to work under pressure and deliver high-quality research in a timely manner.

Salary

We offer an attractive salary of $120,000 - $180,000 per annum, based on experience, location (Navi Mumbai | Bangalore), and performance.



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