Credit Analyst

Point72
West Palm Beach, US

Who this role is best for

Best suited to candidates with buy-side or sell-side credit research experience working in U.S. convertible securities and credit markets.

Best fit for

  • Candidates with buy-side or sell-side credit research experience and a focus on U.S. convertible securities
    — “1+ years of experience conducting credit research on the buy-side or sell-side”
  • Individuals who can synthesize market information and form independent investment views
    — “Synthesize market information across sectors to uncover thematic opportunities and translate insights into actionable trade recommendations”

Things to consider

  • The role involves taking investment risk and accountability for research-driven decisions
    — “Desire to take compliant investment risk and accountability for research-driven decisions”
  • The position requires a strong ethical commitment and adherence to compliance standards
    — “Commitment to the highest ethical standards”

How to stand out

  • Highlight experience in building financial models for convertible and credit securities
    — “Build financial models to assess issuer fundamentals and relative value across distressed, high-yield, and high-grade credit markets”
  • Showcase a track record of forming investment views that challenge consensus
    — “Form differentiated investment views that challenge consensus and clearly articulate conviction behind those ideas”
  • Emphasize communication skills in conveying research conclusions with risk and value considerations
    — “Communicate research conclusions clearly, including key risks, relative value considerations, and factors that could affect the investment thesis”
Pace · Fast PacedCollaboration · HighAutonomy · MediumDecision Impact · Team

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • generate trade ideas
  • develop credit opinions
  • build financial models
  • communicate research conclusions
Typical background
1+ years of credit research experiencepublic markets and trading experience

Skills & requirements

Required

Credit ResearchFinancial ModelingInvestment Decision-makingMarket Analysis

Preferred

Convertible Securities Analysis

Stack & domain

Credit ResearchFinancial ModelingRelative Value AnalysisCredit SecuritiesBondsConvertible BondsCredit Default SwapsTrade IdeasFundamental ResearchIssuer FundamentalsRelative ValueDistressedHigh-yieldHigh-gradeCredit MarketsTransaction DocumentationRisksProtectionsConvertibleCredit Investment DecisionsMarket InformationThematic OpportunitiesTrade RecommendationsInvestment ViewsInvestment RiskInvestment DecisionsComplianceNews FlowFundamental DevelopmentsSupply DynamicsResearch ConclusionsKey RisksRelative Value ConsiderationsInvestment ThesisCommunicationProblem-solvingTeamworkLeadershipCustomer ServicePresentation SkillsNegotiationStrategic ThinkingTime ManagementDecision MakingTeam BuildingInclusivityDiversityCredit Analysis

About the role

Original posting from Point72 via Greenhouse

A Career with Point72's Macro Team

Point72’s Global Macro business is a scaled, global investment platform with more than two decades of experience trading across rates, FX, credit, volatility, and emerging markets. Operating across 10 offices worldwide, we have doubled our capital allocation and grown our number of teams fivefold since 2020. We combine deep asset-class expertise with a highly collaborative culture across macro, fundamental equities, and systematic strategies to drive differentiated investment performance and support long-term career growth for our talent.

WHAT YOU'LL DO

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

WHAT'S REQUIRED

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

Comfort working through uncertainty and expressing conviction in investment views

Desire to take compliant investment risk and accountability for research-driven decisions

Self-motivated, team-oriented approach with strong collaboration skills

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/.

Source: Point72 careers (Greenhouse)

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