Review Vacancy
TitleFixed Income Credit Analyst - Investment Grade Corporate Credit (Special Investment Officer)
Occupational CategoryOther Professional Careers
Bargaining UnitM/C - Management / Confidential (Unrepresented)
Salary RangeFrom $140000 to $180000 Annually
Minimum Qualifications Basic Qualifications:
• Bachelor’s degree with strong academic qualifications
• Minimum of two (2) to five (5) years’ experience covering corporate credits, preferably at a “buy-side” institution, such as an insurance company or asset manager
Preferred Qualifications:
• Preference may be given to candidates with an MBA or CFA designation
• Strong communication and financial modeling skills
• Familiarity with Bloomberg API a plus
• Highly motivated self-starter
Duties Description The New York State Insurance Fund (NYSIF), with over $15 billion of assets under management, is seeking an experienced Credit Analyst to assist in managing its $8 billion portfolio of investment grade corporate credit risk.
Duties will include, but not be limited to:
• Evaluate and monitor creditworthiness of corporate credits within assigned sectors;
• Keep abreast of industry and market developments that affect the credit portfolio;
• Produce written reports on individual credits;
• Conduct periodic reviews of assigned sectors, including the identification of industrywide strengths, weaknesses, opportunities and threats, and likely implications for specific credit positions;
• Communicate with other buy-side, sell-side and rating agency analysts to enhance perspective;
• Review bond indentures, covenants and other terms related to bond offerings and corporate actions;
• Prepare financial models of material credit exposures, including “what-if” scenarios, to critically assess creditworthiness and proactively minimize potential credit losses;
• Respond in a timely manner to management requests for credit opinions and market perspective;
• Assist the investments team on key initiatives, special projects, and other credit matters;
• Collaborate with investment analytics to improve risk identification and monitoring tools;
• Coordinate with investment operations, accounting, and others on portfolio positions as needed;
• Communicate with the PM, trader and management on credit matters that affect the portfolio.
Additional Comments Candidates must be New York State residents or willing to relocate. Salary will be commensurate with experience. Salary will be commensurate with experience.
Some positions may require additional credentials or a background check to verify your identity.