Maintain research coverage of approximately 50-60 issuers/credits across several non-Financial sectors (specific sector coverage is TBD and also dependent upon candidate experience)
Become a subject matter expert on sectors under coverage, communicating relevant themes, issues, developments, and investment implications to the broader CIO Fixed Income Team
Conduct in-depth financial statement/fundamental analysis, incorporating key sector trends, top-down firm macro-economic views, and thorough relative valuation analysis across a range of maturities
Communicate sector and issuer recommendations to analysts, traders, and PM teams – continue surveillance on trade recommendations and update the CIO on an as needed basis
Maintain detailed financial models for issuers which includes pro-forma projections where necessary
Attend industry conferences and meet regularly/maintain relationships with company management teams and other key partners including sell side analysts, ratings agencies, industry experts, etc.
Collaborate with teams across the CIO and Investment Solutions Group (ISG). Interact with partners and key stakeholders across the Private Bank and Merrill Lynch
Regularly contribute to CIO team thought leadership content
Required Qualifications
3-5 years of relevant Fixed Income experience, preferably as a research associate or junior credit analyst
Bachelor’s degree required
Analytical mindset and strong financial modeling skills – ability to quickly synthesize data and provide thoughtful insights on complicated topics/trends
Self-starter with an ability to manage time effectively and independently with a proactive approach managing work flow
Very strong written and verbal communications skills
Team-oriented mindset, ready to contribute ideas to enhance the investment process
Desired Qualifications
Prefer individuals with CFA or progress towards CFA