Senior Analyst High Yield Loan Investment Credit Research
About the position
Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them. Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself. Under minimal supervision, analyzes High Yield companies and their investable loan obligations in support of Empower’s CLO Platform. Under minimal supervision, performs individual credit reviews, loan-level and industry-level relative value analysis, loan-level recovery analysis, and loan-level credit monitoring and reporting for a multi-sector CLO loan portfolio. This is a hybrid position in Greenwood Village, Colorado.
Responsibilities
• Researches and recommends corporate credits and both new issue and secondary market High Yield leveraged loans, all in support of the CLO Platform’s investment strategies
• Presents new investment proposals to the CLO Portfolio Manager and other senior investments managers
• Completes all internal credit approval processes and documentation needs in a timely and efficient manner
• Maintains expertise in assigned industries and manages an existing portfolio of High Yield leveraged loans
• Manages credit workouts or restructuring situations and develops loss mitigation strategies when appropriate
• Mentors and supports the development of the Research Team’s more junior Analysts
• May work with the SVP/CIO and CLO Portfolio Manager on special CLO Platform related projects and strategies
• Other duties as assigned
Requirements
• Bachelor's degree in business, Finance, Accounting or Mathematics.
• Minimum six (6) years, seven (7) years preferred, of relevant High Yield credit and loan markets experience
• Knowledge of the U.S. fixed income markets, leveraged loan trading and relative value analysis
• Must possess solid business and investments writing skills
• Proficient in Microsoft Office; including Excel, Word, PowerPoint and/or Access
• Proficient in S&P’s Capital IQ application and various Bloomberg fixed-income applications
• Applicants must be authorized to work for any employer in the U.S.
• We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.
• For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption.
• You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet.
• Other necessary computer equipment, will be provided.
• You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.
Nice-to-haves
• Chartered Financial Analyst (CFA) designation or MBA/MSF strongly preferred
• May be required to complete the CFA designation
Benefits
• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.
Apply Now
Apply Now
Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them. Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself. Under minimal supervision, analyzes High Yield companies and their investable loan obligations in support of Empower’s CLO Platform. Under minimal supervision, performs individual credit reviews, loan-level and industry-level relative value analysis, loan-level recovery analysis, and loan-level credit monitoring and reporting for a multi-sector CLO loan portfolio. This is a hybrid position in Greenwood Village, Colorado.
Responsibilities
• Researches and recommends corporate credits and both new issue and secondary market High Yield leveraged loans, all in support of the CLO Platform’s investment strategies
• Presents new investment proposals to the CLO Portfolio Manager and other senior investments managers
• Completes all internal credit approval processes and documentation needs in a timely and efficient manner
• Maintains expertise in assigned industries and manages an existing portfolio of High Yield leveraged loans
• Manages credit workouts or restructuring situations and develops loss mitigation strategies when appropriate
• Mentors and supports the development of the Research Team’s more junior Analysts
• May work with the SVP/CIO and CLO Portfolio Manager on special CLO Platform related projects and strategies
• Other duties as assigned
Requirements
• Bachelor's degree in business, Finance, Accounting or Mathematics.
• Minimum six (6) years, seven (7) years preferred, of relevant High Yield credit and loan markets experience
• Knowledge of the U.S. fixed income markets, leveraged loan trading and relative value analysis
• Must possess solid business and investments writing skills
• Proficient in Microsoft Office; including Excel, Word, PowerPoint and/or Access
• Proficient in S&P’s Capital IQ application and various Bloomberg fixed-income applications
• Applicants must be authorized to work for any employer in the U.S.
• We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.
• For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption.
• You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet.
• Other necessary computer equipment, will be provided.
• You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.
Nice-to-haves
• Chartered Financial Analyst (CFA) designation or MBA/MSF strongly preferred
• May be required to complete the CFA designation
Benefits
• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.
Apply Now
Apply Now