High Yield Credit Research Analyst

About the role

Barclays is hiring a High Yield Credit Research Analyst in New York, NY, within its Credit Research team. The analyst provides fundamental credit analysis and investment recommendations on sub-investment-grade issuers across sectors, supporting trading, sales and institutional clients with research on capital structures, credit quality and relative value in high yield bonds, leveraged loans and related credit instruments. The role is regulated by FINRA.

Key responsibilities

• Analyze market, sector, corporate and economic data to develop investment theses for the coverage universe, producing research ranging from single-company or sector notes to long-dated thematic reports.
• Present research views to clients through face-to-face and virtual meetings, research-hosted events and written communications.
• Engage with Markets, Client Strategy and other stakeholders to raise awareness of the research with clients and internally, prioritising the most relevant clients.
• Share insights with internal clients to help them navigate financial markets and risks.
• Collaborate with the Supervisory Analyst, Compliance and others so that research is delivered in a compliant manner.

Required profile

• Understanding of high yield credit markets, leveraged finance and fixed income valuation.
• Sector knowledge of financials and media, including regulatory, technological and structural trends.
• Attention to detail, intellectual curiosity and ability to work under tight deadlines.
• Ability to analyze multi-layered capital structures and distressed or event-driven credit situations.
• Legal right to work in the United States; sponsorship may be required.

Required skills

• Advanced financial modeling and accounting skills.
• Written and verbal communication, able to turn analysis into actionable insights.
• Knowledge of risk and controls, change and transformation, business acumen and strategic thinking.

Salary range: $110,000 to $125,000 base, plus possible benefits.