Investment Grade Credit Research, Sr. Associate

New York Life

  • New York City, NY
  • $90,000-140,000 per year
  • Permanent
  • Full-time
  • 1 month ago
Location Designation: Hybrid - 4 days per weekOur 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​Pay TransparencySalary Range: $90,000-$140,000Overtime eligible: ExemptDiscretionary bonus eligible: YesSales bonus eligible: NoActual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.Our BenefitsWe provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. to discover more about our comprehensive benefit options or visit our .Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. to learn more about New York Life’s leadership in this space.​Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the . We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the page of .​Visit our to see how our employees and agents are leading the industry and impacting communities.Visit our to learn more about how our company is constantly evolving to meet our clients' and employees’ needs.Job Requisition ID: 91893

New York Life