Investment Analyst - High Yield & Leveraged Loans

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Date: May 26, 2021

Location: New York, NY, US

Company: New York Life Insurance Co

 

New York Life Investments (NYLIM), an indirect, wholly owned subsidiary of New York Life Insurance Company, is a top 25 global asset management firm. With more than $500 billion in assets under management, NYLIM is a premier investment management firm serving a variety of client segments including retail, institutional, insurance and defined contribution and benefit on a global basis. New York Life Investments offers a diverse set of investment capabilities ranging from traditional equity and fixed income to alternative investment strategies and multi-asset solutions. Renowned for its premier investment acumen and client focus, NYLIM’s vision is to be one of the most trusted providers of investment management expertise and long-term financial security.

 

 

 

 

 

New York Life Investments, a $500+ billion investment management organization is seeking to add an Investment Analyst to its High Yield Corporate Credit Group.  Current assets under management in the Group’s portfolios exceed $15 billion and are growing.  Portfolio strategies include institutional, total return, and CLO portfolios investing in high yield corporate debt and leveraged loans.

Responsibilities of the position include:

 

  • Perform credit research, investment analysis, and portfolio surveillance for specific industry sectors in the high yield and leveraged loans credit markets.
  • Present investment recommendations to management for approval.
  • Work with the portfolio managers to execute purchase and sale recommendations.
  • Develop and enhance relationships with broker-dealers.
  • Meet with issuer management teams to source opportunities and conduct due diligence.
  • Develop and enhance relationships with analysts at broker-dealers and the major rating agencies.
  • Prepare portfolio review reports for management.
  • Monitor existing portfolio holdings for performance and offer timely recommendations with regard to portfolio positioning in covered industries.

 

Requirements of the position include:

  • 5-8 years of relevant industry experience with a strong background in credit research and a thorough understanding of leveraged finance.
  • BA required; MBA or CFA is a plus.
  • Meaningful investment experience with leveraged loans, CLOs and total return portfolios is preferred.

 

The firm offers a competitive compensation package, a flexible benefits program, 401(k) with company match, a tuition assistance program, an on-site fitness center, a back-up child care center, and many other attractive benefits.

 

Please note: During calendar year 2021, employees of Group Benefit Solutions can be considered for open positions within Group Benefit Solutions only. Applications from Group Benefit Solutions employees for open positions within other New York Life businesses are unable to be considered.

Job Requisition ID: 83642

 

 

 

 

 


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