HY Desk Analyst - TMT
We are seeking a highly experienced Vice President/Director-level High Yield Desk Analyst to join a Credit Trading team, with a primary focus on the Technology, Media & Telecommunications (TMT) sector. The successful candidate will provide deep fundamental and relative value analysis, generate actionable trade ideas, and partner closely with traders and sales to drive revenue opportunities across the HY credit spectrum.
Key Responsibilities
- Sector Coverage: Lead coverage of HY issuers in the TMT space, including cable, telecom, media, internet, and technology hardware/software companies.
- Credit Analysis: Perform fundamental research, capital structure analysis, and relative value assessments to identify investment opportunities.
- Idea Generation: Deliver timely, differentiated trade ideas to the desk, leveraging both primary and secondary market opportunities.
- Market Intelligence: Monitor industry trends, earnings releases, rating agency actions, and macroeconomic developments impacting HY credit.
- Collaboration: Work closely with traders, sales, and syndicate to support client flows, risk management, and capital allocation decisions.
- Client Engagement: Participate in client calls and meetings, articulating views on credits and sectors to institutional investors.
- Execution Support: Provide real-time input during trading sessions, helping to optimize desk positioning and risk management.
- Thought Leadership: Publish internal notes and sector updates to ensure the desk and broader firm remain informed on key developments.
Qualifications
- 7-12+ years of experience in High Yield credit research or trading, with a strong track record in TMT coverage.
- Deep understanding of HY capital structures, leveraged finance, and distressed situations.
- Strong modeling skills (cash flow, leverage, recovery analysis) and ability to synthesize complex information quickly.
- Excellent communication skills, with the ability to present investment theses clearly to both internal stakeholders and external clients.
- Established network of industry contacts, including issuers, rating agencies, and buy-side investors.
- Ability to thrive in a fast-paced, high-pressure trading environment.
FAQs
Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your resume and details on file so when we see similar roles or see skillsets that drive growth in organizations, we will always reach out to discuss opportunities.
Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.
We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business.
That's why we recommend registering your resume so you can be considered for roles that have yet to be created.
Yes, we help with resume and interview preparation. From customized support on how to optimize your resume to interview preparation and compensation negotiations, we advocate for you throughout your next career move.