High Yield Credit / Alternatives Analyst

Company: Genworth
Location: Stamford
Posted on: May 14, 2022

Job Description:

POSITION TITLEHigh Yield Credit/Alternatives AnalystAlternative/High Yield Credit Investments TeamLOCATIONStamford, CTThis position is available to Connecticut, New Jersey and New York residents as Stamford, CT in-office applicants.At Genworth, we are committed to caring for our customers and for the safety of our colleagues. In the event the office is inaccessible (e.g., inclement weather), this role may be required to work remotely.Our policy requires employees to be vaccinated before they visit an office.Because this position requires office attendance, any offer of employment shall be conditional upon proof of vaccination or exception based on a qualifying medical or religious accommodation request.YOUR ROLEYou will be covering high yield debt & equity investments across public and private markets. You will help the team to evaluate new investment opportunities and monitoring existing portfolio positions. You will also support the analytics and reporting responsibilities for the Middle Market Debt and Alternatives portfolio.YOUR RESPONSIBILITIES

• Perform Private Equity ('PE') fund investment underwriting and due diligence through participation in fund manager meetings, analysis of fund statements, analysis of fund performance vs benchmarks and analysis of performance risk (volatility, downside deviation, capital loss)
• Maintain Surveillance of PE fund portfolio through periodic reviews of fund performance relative to internal plan targets and external benchmarks and documentation of updates in funds
• Work with senior analysts on credit and sector research, due diligence, analysis, and reporting. This may include analysis of company news and financial reports; rating agency actions and reports, Bloomberg data, and Wall Street analysts' reports Develop independent skills and capabilities in these functions.
• Maintain an assigned portfolio of Public HY credits with respect to evaluating, analyzing, and reporting on each credit's periodic financial reporting, major news releases, investor meetings and calls, rating agency actions, etc
• Assist in preparing a data package and presentation slides for quarterly sector reviews and support Investment team's reporting needs which would include performance, risk and holdings data from systems
• Assist the team on projects, other reporting and analytic responsibilities as well as key initiatives for internal development of Private Equity infrastructure
• Support team in responding to information requests and portfolio analysis to provide portfolio transparency to senior managementYOUR QUALIFICATIONS
  • Bachelor's degree in a business major or related area of study
  • Minimum 2 years of investments or credit research experience
  • Ability to read and understand financial statements
    • Technically proficient with systems and strong capability with Microsoft Office (Excel, Word, PowerPoint, Outlook) suite of applications
    • Strong financial modelling skills
    • Excellent verbal and written communications skills with ability to synthesize research and analyses into actionable recommendations
    • Self-starter with strong collaboration skillsPREFERRED QUALIFICATIONS
      • MBA or equivalent degree or an equivalent combination of education and related experience
        • Working knowledge of Alternative Investment Strategies (Private Equity, Infrastructure, Mezzanine)
        • Previous Corporate Credit Research Experience
        • Understanding of fixed income mathematics
        • CFA or candidacyWHY GENWORTH?
          • We have a real impact on the lives of the people we serve
          • We work on challenging and rewarding projects
          • We give back to the communities where we live
          • We offer competitive benefits including:
            • Medical, Dental, Vision, Flexible Spending Account options beginning your first day
            • Generous Choice Time Off your first full year
            • 12 Paid Holidays
            • 40 hours of volunteer time off
            • 401K Account with matching contributions
            • Tuition Reimbursement and Student Loan Repayment
            • Paid Family Leave
            • Child Care Subsidy ProgramCOMPANYGenworth Financial, Inc. (NYSE: GNW) is a Fortune 500 provider of products, services and solutions that help families address the financial challenges of aging. Headquartered in Richmond, Virginia, we apply our nearly 150 years of experience each day to helping people navigate caregiving options and fund their long term care needs. Genworth is also the parent company of publicly traded Enact Holdings, Inc. (Nasdaq: ACT), a leading U.S. mortgage insurance provider. For more information on Genworth, please visit https://www.genworth.com/. From time to time Enact separately releases financial and other information about its operations. This information can be found at https://ir.enactmi.com/.Led by our Chief Investment Officer, the Investments Department manages a consolidated investment portfolio of nearly $75 billion and consists of investment professionals focused on portfolio management, risk management, asset management, derivatives, operations, finance and accounting functions.We know we can't deliver on our mission unless we deliver for our employees. That's why we're committed to creating a work environment that fosters diversity, inclusion, camaraderie, rewarding work, community involvement, and a focus on our employees' well-being. We know each employee contributes in their own unique way and we're dedicated to supporting every one of them to help them reach their full potential.

Keywords: Genworth, Stamford , High Yield Credit / Alternatives Analyst, Professions , Stamford, Connecticut