Senior Credit Research Analyst
Posted on: 1 Feb 2022
Stamford, CT
Job Description
YOUR ROLE
As the Senior Credit Research Analyst (Private Placements), you will report to the Head of Private Placements and will be a key member of the team evaluating new investment opportunities and managing existing investment positions.
WHAT YOU WILL BE DOING
Conduct and support fundamental credit research on investment grade and high yield corporate bonds as member of the Private Placements team.
Prepare timely, comprehensive written analysis and cogently present facts, analysis, conclusions, and recommendations on individual credits as part of the transaction underwriting process.
Analysis to include total exposure, maturity, and relative value considerations
Analyze transaction documents and work with internal and external counsel to evaluate covenants and structure
For existing portfolio credits, document and report on current credit views and recommendations by following and analyzing news, company financial reports and releases, rating agency actions, analyst publications and other industry or company information
Make recommendations on, and timely respond to amendment and waiver requests
Share knowledge – both verbally and in writing -- regarding ongoing individual credit or sector developments with members of Private Placements and Genworth Investments
Interact with rating agencies, sell-side analysts and other independent sources to obtain external views on individual credits or industries
Develop and maintain relationships with Genworth's private placement dealer coverage and issuer management
Actively contribute to department or division-wide projects and process improvement efforts
Focuses research primarily on analyzing overall financial strength and repayment capability
QUALIFICATIONS YOU BRING
Undergraduate degree in business, finance or similar training
5+ years corporate credit research experience or related experience
Experience and demonstrated ability in analyzing corporate financial statements
Understanding of deal documentation and structure with the ability to incorporate covenants and structure as an integral component of the underwriting process
Excellent written and verbal communications skills and the ability to present effectively to Investment Area leadership and broader groups
Strong functional capability with Microsoft Excel, PowerPoint and Word applications as well as Bloomberg analytics
Solid decision-making skills regarding core credit responsibilities, requiring only limited guidance and oversight
Ability to positively influence other members of Private Placement and Investments Leadership
Genworth
Richmond, VA
Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance that aid in the sale of mortgages to the capital markets, as well as helps lenders manage capital and risk in Canada.
The Australia Mortgage Insurance segment offers flow mortgage insurance and bulk mortgage insurance that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk. The U.S. Life Insurance segment offers long-term care insurance products and fixed annuity products in the United States. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products.
This segment’s institutional products include funding agreements and funding agreements backing notes. The company distributes its products and services primarily through appointed independent producers and employer groups. Genworth Financial, Inc. was founded in 1871 and is headquartered in Richmond, Virginia.
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IndustryInsurance
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No. of Employees3, 500
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Website
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Jobs Posted29
