Credit Analyst, Aquarian Liquid Credit

Aquarian Liquid Credit Credit Analyst

Aquarian Holdings ("Aquarian") is a diversified global holding company with a strategic portfolio of insurance and asset management solutions.

Aquarian Insurance Holdings acquires and operates insurance companies with a focus on life and annuity underwriting, deploying strategies to grow balance sheet profitability by writing new insurance/reinsurance, improving investment income, and optimizing operations. After launching in 2017, Aquarian finalized its first investment in 2018 in Investors Heritage, a regional life insurer domiciled in Kentucky that focuses on pre-need policies. Working closely with management, Aquarian helped the company grow with expanded product offerings and distribution channels, building on its 60-year track record of exceptional client service.

Aquarian continued to deepen its expertise and grow its existing offerings in insurance and reinsurance through its acquisitions of Hudson Life and Annuity Company in 2021 and Somerset Re in 2022.

Aquarian Investments complements the insurance operations, combining best practices from the world's leading financial services firms with its own distinct strategy, approach, and organizational culture. Aquarian has continued to expand into alternative assets and private credit through the launches of Aquarian Liquid Credit, Aquarian Strategic Opportunities, Aquarian Private Credit, and Aquarian Real Estate Partners.

Aquarian has since grown its business to approximately $25.8 billion in AUM, with 40 investment professionals, multiple funds, and insurance and reinsurance companies, all committed to providing meaningful investment opportunities to millions of people.

In November 2025, Aquarian announced the signing of a definitive merger agreement under which an affiliate will acquire Brighthouse Financial in an all-cash transaction valued at approximately $4.1 billion. Brighthouse is one of the largest providers of annuities and life insurance in the U.S., with approximately $208 billion of AUM. Following the anticipated close of the transaction in 2026, Brighthouse Financial will operate as a standalone entity within the Aquarian portfolio.

Aquarian Liquid Credit manages Aquarian Holdings' liquid credit strategies across asset classesmost notably CLOsanchored in bottom up, fundamental credit analysis, prudent security selection, and the use of technology to enhance risk identification, transparency, and investment performance.

The platform is led by seasoned CLO and leveraged loan professionals and is part of Aquarian's broader $25.6B investment platform.

Role Summary

The Credit Analyst will play a key role in ALC's investment process, supporting portfolio managers in evaluating leveraged loans, high yield bonds, and CLO collateral. The role requires strong fundamental underwriting skills, sector level research capabilities, and an interest in applying technology enabled tools to credit analysis and portfolio risk management.

This position is onsite five days a week at our New York City office.

Key Responsibilities

• Perform fundamental, bottom up credit analysis on leveraged loans, high yield bonds, and related credit instruments consistent with ALC's disciplined research framework.
• Develop financial models, assess business quality, analyze capital structures, evaluate management teams, and determine issuer creditworthiness.
• Monitor existing portfolio exposures, track performance, covenants, market developments, and evolving credit risks.
• Contribute to CLO portfolio construction through security selection and performance reviews, aligned with ALC's focus on prudent credit selection and embedded optionality of CLO equity across market cycles.
• Leverage technology tools for risk identification, scenario analysis, reporting, and workflow efficiency in line with ALC's technology forward philosophy.
• Prepare written credit memos, sector updates, and investment recommendations for the investment team.
• Collaborate closely with trading, operations, and research leads, including loan trading, CLO operations, and macro research.
• Stay current on sector trends, macroeconomic factors, regulatory changes, and market conditions influencing leveraged credit.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, or related discipline.
• 48 years of experience in credit research, leveraged finance, investment banking, credit ratings, or asset management.
• Strong analytical and financial modeling skills with a deep understanding of corporate finance and credit risk.
• Familiarity with leveraged loans, high yield markets, and CLO structures preferred.
• Excellent written and verbal communication skills, with the ability to distill complex analysis for investment committees.
• Comfort working in a technology enabled, data driven investment environment, consistent with ALC's emphasis on transparency and analytics.
• Ability to work independently and collaboratively in a fast paced, high accountability culture.

Aquarian is an equal opportunity employer. Aquarian is committed to creating and maintaining a workplace in which all employees have an opportunity to participate and contribute to the success of the business and are valued for their skills, experience and unique perspectives. Aquarian does not discriminate on the basis of race, color, creed, religion, sex, national origin, veteran status, mental or physical handicap or disability, age, citizenship status, alienage, ancestry, marital status, sexual orientation, gender identity or expression or any other criteria prohibited under applicable federal, state or local law. Aquarian makes reasonable accommodations for applicants and employees with disabilities in accordance with applicable law.