Morgan Stanley

Fixed Income Division, Performing and Special Situations Corporate Credit Desk Analyst - Executive Director

Posted on: 5 Jun 2023

New York, New York

Job Description

Position Description

The North American Leveraged Finance Sales and Trading team is considering candidates for a Performing and Special Situations Corporate Credit Desk Analyst

The role is designed for an entrepreneurial and motivated Executive Director level candidate.

Primary Responsibilities

Work on the Leveraged Finance sales and trading desk with credit traders and salespeople to facilitate sales and trading business, including:

Analyzing corporate credit trade ideas across the high yield, leveraged loan, and distressed credit universe
Single name fundamental analysis (e.g. financial, capital structure, corporate structure, building detailed financial models for financing transactions, having an understanding of restructuring and or bankruptcy process in the United States)
Sourcing, analyzing, and structuring  performing and special situation opportunities (performing catalyst driven trades, special situation trades, lending, potential rescue financing opportunities, NPL portfolio trades),
Communicate with Clients regarding potential trade ideas and sector views

 QUALIFICATIONS

Skills Required

The ideal candidate will have the following experience / skills:

Ideal applicant has 7+ years working experience of sell-side/buy-side financial analysis
Solid credit and structuring skills
Good understanding of bond, loan documentation and credit default swaps
High level communication and networking skills including well developed presentation skills to be able to effectively communicate relevant trading /investment ideas to customers and or risk managers
Confident entrepreneurial personality
Minimum degree qualification or equivalent from recognized university.  Ideally in quantitative discipline (such as math, physics, engineering) or in accounting / finance.

 

Morgan Stanley

New York, New York

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. The company operates through Institutional Securities, Wealth Management, and Investment Management segments. The Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance.

This segment also provides sales and trading services, such as sales, financing, prime brokerage, and market-making services in equity and fixed income products consisting of foreign exchange and commodities; corporate loans, commercial mortgage lending, and asset-backed lending; financing for sales and trading customers; and investment and research services. The Wealth Management segment offers various financial services and solutions covering brokerage and investment advisory services, financial and wealth planning services, annuity and insurance products, securities-based lending, residential real estate loans and other lending products, and banking and retirement plan services to individual investors and small to medium-sized businesses and institutions.

The Investment Management segment provides various investment strategies and products comprising equity, fixed income, liquidity, and alternative/other products to defined benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, and third-party fund sponsors and corporations through a network of institutional and intermediary channels. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.