Credit Analyst

Join us as a "Credit Analyst VP" at Credit trading team at Barclays is a team that focuses on trading corporate credit. The Asia Special Situations desk focuses on credit trading opportunities in Asia.

To be a successful "Credit Analyst VP" - The candidate would mainly cover Asia region supporting the onshore primary credit analyst in analysing companies for new transactions and monitoring the financial performance of the obligors in existing portfolio. The candidate would also be expected to produce analysis and presentations for senior management to track market news and trends.

You may be assessed on the key critical skills relevant for success in role, such candidate is expected to exhibit high standards of understanding of risk, be able to think out of the box, has attention to detail and be sound in his/her decision making.

Basic/ Essential Qualifications:

• Conduct in-depth fundamental credit analysis of Asian high-yield borrowers/Issuers, including financial statement review, cash flow modeling, and covenant assessment.
• Identify key risks, mitigants, and structural considerations during transaction evaluation.
• Evaluate industry dynamics, competitive positioning, and macroeconomic factors impacting credit risk.
• Develop and present actionable Lending /investment ideas to portfolio managers, supported by robust analysis and valuation metrics.
• Provide relative value assessments across sectors and instruments to identify opportunities and risks.
• Continuously monitor credit quality, rating changes, and market developments for covered issuers.
• Identify early warning signals for potential downgrades or defaults and recommend mitigation strategies.
• Assist in sector allocation decisions based on relative value and risk-return trade-offs.
• Maintain active dialogue with company management, rating agencies, and sell-side analysts to gather insights.
• Participate in industry conferences and due diligence meetings to stay ahead of market trends.
• Work closely with portfolio managers, traders, and other analysts to support investment decisions.
• Provide timely credit updates and market commentary to internal stakeholders.

Desirable skillsets/ good to have:

• Bachelor's degree in Finance, Economics, or related field (Master's preferred).
• Professional certifications: CFA (Chartered Financial Analyst) preferred/ CA/ MBA.
• Experience in credit research, high-yield/distressed debt analysis, or leveraged finance.
• Experience in Asian credit markets with exposure to special situations and complex deal structures.
• Expertise in fundamental credit analysis, including financial statement interpretation, ratio analysis, and cash flow forecasting.
• Ability to assess complex capital structures, covenant packages, and recovery scenarios for high-yield and distressed credits.
• Strong proficiency in Excel-based financial modelling, including scenario analysis and sensitivity testing.
• Familiarity with valuation techniques such as DCF, relative value, and recovery analysis.
• Awareness of regional regulatory frameworks, credit documentation standards, and internal compliance requirements.
• Proficiency in Market data System and ability to leverage market data platforms for pricing, spreads, and liquidity analysis.
• Strong ability to articulate investment theses through clear, concise memos and presentations.
• Skilled in stakeholder engagement, including discussions with portfolio managers, traders, and external parties.
• Strong networking skills with issuers, rating agencies, and sell-side analysts.
• Familiarity with legal documentation (loan agreements, bond indentures).

This role will be based out of NKP in Mumbai.

Purpose of the role

To maintain the smooth and efficient operation of our trading desks, providing operational support and expertise to traders, sales professionals, and other key stakeholders, helping them maximize their productivity and minimize disruptions and handling administrative tasks, and providing market information and research.

Accountabilities

• Provision of immediate and efficient technical support to traders and sales professionals on the trading desks, resolving hardware, software, and network-related issues to ensure uninterrupted trading activities.
• Coordination of trade execution by liaising with traders, clients, and other internal teams to ensure smooth transactions.
• Maintenance and updating of trade records, transaction logs, and client databases accurately.
• Reports, presentations, and documentation preparation to support sales and trading activities.
• Monitoring of market data and assist in the analysis of financial information for trading decisions.
• Operational tasks such as processing trades, confirming orders, and resolving trade discrepancies.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department's future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.