Investment Analyst - High Yield & Leveraged Loans

Job Description

Department

NYL Investors LLC

Role Location Designation

Hybrid - 4 days per week

Overview

With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. NYLIM brings together the firm’s global investment teams under one unified brand, combining specialized expertise with the strength and stability of New York Life.

Our platform is built on disciplined active management, deep investment capabilities and a long-term partnership approach designed to deliver enduring value across market cycles and help clients navigate the next era of investing.

What You’ll Do:

• Perform fundamental credit research, investment analysis, and ongoing portfolio surveillance for specific industry sectors in the high yield and leveraged loan credit markets.
• Present investment recommendations to the high yield investment committee for approval.
• Partner with portfolio managers and traders to assess relative value, portfolio fit, and recommended position sizing for purchase and sale decisions.
• Meet with issuer management teams to identify opportunities and conduct due diligence.
• Develop and maintain relationships with research analysts at peers, broker-dealers and the major rating agencies.
• Prepare industry, issuer and portfolio review reports for management as needed.
• Actively monitor holdings in covered names/industries to help drive strong alpha-generating returns, providing timely recommendations with regard to portfolio positioning.

What You’ll Bring:

• 5-10 years of relevant industry experience with a strong background in credit research with a thorough understanding of leveraged finance.
• BA required; MBA or CFA is a plus.
• Meaningful investment experience with high yield bonds and leveraged loans, preferably in both total return and CLO strategies.
• Well-developed quantitative, analytical, and problem-solving skills.
• Knowledge and experience working with AI.
• Excellent written & oral communication skills.
• Strong team player with the ability to manage and prioritize numerous tasks.

Pay Transparency

Salary Range: $135,000-$195,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual 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 Benefits

We 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.