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Principal Financial Group · 2 days ago

Senior Private Credit Analyst - Investment Grade

New York, NY

Full-time

Hybrid

Senior Level

$157K/yr - $213K/yr

5+ years exp

Principal Financial Group is a global investment solutions business managing about $580 billion in assets. They are seeking a Senior Private Credit Analyst to support their investment grade private credit investment strategy by performing fundamental research and making investment recommendations to the portfolio management team.

Financial ServicesInsurance

No H1B

Responsibilities

Evaluate private placement transactions, both investment and non-investment grade and including traditional private placements, infrastructure, structuring commitments, closing transactions, managing and monitoring existing investments

Develop and maintain relationships with sources of deal flow

Identify quality businesses with above average fundamentals long term investment horizon (typically 3-5 years)

Make long-term investment recommendations for multiple portfolios

Monitor existing investments within their assigned sector coverage

Work with Head of Private Credit by making buy or pass recommendations

Assist with the development of lesser experienced team members

Qualification

Investment Grade Private CreditFinancial ModelingExcel ProficiencyBloomberg ProficiencyFixed Income StrategiesFinancial Statement AnalysisAccounting KnowledgeEconomics UnderstandingAnalytical SkillsInfluencing SkillsCuriosityCommunicationTime Management

Required

Bachelor's degree in technical field (i.e. finance, accounting, economics, statistics, engineering, data science, business analytics)

5+ years' experience in fixed income strategies in trading, research, portfolio management or strategy capacity

Investment Grade Private Credit/Private Placements underwriting experience

Proficiency with Excel and Bloomberg

Preferred

Experience within the infrastructure sector

MBA or CFA preferred

Exceptional financial statement analysis and accounting knowledge as well as demonstrated understanding of economics and investment theories

Strong understanding of financial accounting and economic theory, applicable laws and regulations (including international), tax and accounting trends and implications, business operating trends and capital market conditions

Demonstrated ability to efficiently and effectively research, compile and analyze information, apply reasoning and exhibit sound decision making related to credit, risk and valuation

Strong communication (verbal and written), time management, analytics, financial modeling, and influencing

Keen sense of curiosity and open-minded thought process

Benefits

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness.

Company

Principal Financial Group

Glassdoor3.9

Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 62M customers plan, protect, invest, and retire as of December 31, 2023.

Founded in 1879

Des Moines, Iowa, USA

10001+ employees