Credit Analyst

Responsibilities

• Generate trade ideas across liquid U.S. convertible securities through bottom-up fundamental research
• Develop credit opinions by analyzing businesses and capital structures across loans, bonds, and credit default swaps
• Build financial models to assess issuer fundamentals and relative value across distressed, high-yield, and high-grade credit markets
• Review transaction documentation to identify risks and protections that inform convertible and broader credit investment decisions
• Synthesize market information across sectors to uncover thematic opportunities and translate insights into actionable trade recommendations
• Form differentiated investment views that challenge consensus and clearly articulate conviction behind those ideas
• Monitor existing positions by tracking news flow, fundamental developments, and supply dynamics that may affect investment views
• Communicate research conclusions clearly, including key risks, relative value considerations, and factors that could affect the investment thesis

Requirements

• 1+ years of experience conducting credit research on the buy-side or sell-side
• Interest in public markets and trading, with a focus on applying research to investment decisions
• Strong fundamental credit research skills, including financial modeling and relative value analysis
• Familiarity with credit securities, including bonds, convertible bonds, and credit default swaps
• Desire to take compliant investment risk and accountability for research-driven decisions
• Self-motivated, team-oriented approach with strong collaboration skills

WHAT'S REQUIRED

• Comfort working through uncertainty and expressing conviction in investment views
• Commitment to the highest ethical standards

WE TAKE CARE OF OUR PEOPLE

• We invest in our people, their careers, their health, and their well-being. When you work here, we provide:
• Fully paid health care benefits
• Generous parental and family leave policies

Volunteer opportunities

• Support for employee-led affinity groups representing women, people of color and the LGBT+ community
• Mental and physical wellness programs

Tuition assistance

A 401(k) savings program with an employer match and more

ABOUT POINT72

Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry's brightest talent by cultivating an investor-led culture and committing to our people's long-term growth. For more information, visit https://point72.com/.