- Salary
- $115k – $135k
- Location
- Chicago, IL, United States of America
- Type
- Full-time
- Department
- Education
- Seniority
- VP
- Education
- Bachelor
- Source
- Workday
Description
If you are an internal associate, please login to Workday and apply through Jobs Hub.
Job Purpose
The candidate will join a seasoned investment team, work closely with portfolio managers and traders and report to the Head of Fixed Income Research. The individual will conduct fundamental research and comprehensive credit analysis in support of existing positions and to identify investment ideas to enhance total return performance across a range of portfolios. The focus is on investment grade and high yield corporate bonds and also includes leveraged loans.
Essential Responsibilities
Quantitative and qualitative credit analysis of the holdings in PPM's portfolios and research of new investment ideas;
Preparation of written reports for new investments and ongoing monitoring of investments; Verbal presentations to senior management and other professional staff at PPM America
Other Duties
Performs other duties and/or projects as assigned.
Knowledge, Skills and Abilities
Ability to analyze companies and industries by reviewing a high volume of information – e.g., financial statements, company presentations and third-party research reports – with the judgment to identify the most relevant areas for further investigation;
Ability to quickly build accurate Excel financial models;
Strong written and verbal presentation skills with an appreciation of the value of succinct, clear writing;
Track record of professional and academic achievement with intellectual curiosity and a passion for financial and industry analysis;
Previous work conducting original research and communicating the results in writing is valued
Knowledge of and interest in the Financial sector is preferred.
The candidate should have excellent financial statement analysis, excel modeling and Bloomberg skills.
Familiarity with the SNL software package is a plus.
Strong written and verbal communication skills along with a record of professional and academic achievement are required.
Qualifications
Bachelor's Degree Distinguished academic record with Degree in Finance, Accounting and/or Economics required.
5+ years of credit experience required.
Interest in or progression toward a CFA upon hire preferred.
Equal Employment Opportunity PPM America, Inc. is an equal opportunity employer and we base our employment decisions without unlawful regard or consideration of an individual’s race, color, religion, national origin, sex, gender, sexual orientation, ancestry, citizenship, age, marital status, veteran status, medical condition, non-job related disability, pregnancy or any other basis protected by federal, state, or local law.
Base Pay:
$115,000.00 - $135,000.00. The base salary for this position may vary depending on experience, job-related knowledge, skills, and abilities. In addition to the base salary, this role will be eligible to participate in our annual bonus program. This role will also be eligible for compensated personal time off and holidays, health benefits, 401(k) plan with generous matching and other benefit programs according to the Company's employment policies and subject to the formal terms of such plans and programs.
