Description
Job Purpose (Job Summary):The Credit Research Analyst will perform fundamental credit research within multiple sectors of the US investment grade corporate bond market, with a specific focus on banks, financials and related businesses. The analyst is expected to become the sector expert, balancing in-depth knowledge of an expansive coverage universe with multiple other responsibilities supporting the broader success of the Invesco Fixed Income platform. Key responsibilities include generating well-supported investment recommendations, conducting in-depth fundamental investment analysis, developing fundamental credit opinions, using credit valuation analysis and sector knowledge to inform relative value views, assigning allocation ratings to each credit in the analyst’s coverage universe, tracking and communicating corporate updates across the analyst’s coverage universe and maintaining a constant dialogue with portfolio managers and investment colleagues across the Invesco Fixed Income platform. The analyst will also be responsible for monitoring broader market and sector risks and opportunities and proactively communicating these to the fixed income platform. This role requires an individual with a positive attitude, a team-focused & commercial mentality, experience interacting with clients, extremely high standards of personal excellence & integrity and keen attention to detail. The analyst is expected to actively maintain and communicate proprietary investment ratings, sector views, investment recommendations and other risk assessments. Analyst will be expected to identify, assume and manage credit risks and work effectively with analyst team members, traders, portfolio managers, client relations teams, other internal colleagues as well as external partners. Analyst will be expected to lead ad hoc projects, contribute to the broader success of the Invesco Fixed Income platform, effectively participate in sector team presentations and be an active participant in client relations and marketing efforts.Key Responsibilities / Duties:Conduct deep, fundamentally driven investment research on companies within the banking and financial sectors
Develop and articulate defensible investment recommendations, fundamental credit ratings and allocation ratings for each issuer in the analyst’s coverage universe
Develop and communicate issuer level, sector level and broader market relative value assessments
Produce well researched, concise investment reports for global investment professionals
Be the subject matter expert on relevant regulatory developments that may affect coverage universe
Recommend changes in holdings of assigned credits and changes in investment recommendations, both at the individual credit and sector levels
Lead special projects as required by management
Communicate effectively with investment teams and investment team partners
Participate in sector team presentations and other platform-wide events
Make due diligence visits and attend industry conferences as appropriate
Ensure all activities are consistent with Invesco’s conduct principles and assigned training is completed on a timely basis
Participate in client relations and marketing efforts
Deep passion for investing
Financial analysis skills including financial statement analysis and credit valuation analysis
Communication, written / interpersonal skills
Decision making skills and high self-belief / conviction in investment recommendations
Team-focused mentality
Extremely high personal standards and integrity
Motivated, self-starter with ability to work independently
Bachelor’s Degree. MBA candidates with transferable industry expertise will also be considered
Multiple years either on the buyside or sell side covering banks and financial institutions
MBA and / or CFA designation preferred.
Corporate Credit Analyst • Atlanta, Georgia