Senior Corporate Credit Analyst (Banks/Financials)
New York State Civil Service - new york city, NY
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NY HELP No Agency Insurance Fund, State Title Senior Corporate Credit Analyst (Banks/Financials) Occupational Category Other Professional Careers Salary Grade NS Bargaining Unit M/C - Managerial/Confidential (Unrepresented) Salary Range From $to $Annually Employment Type Full-Time Appointment Type Permanent Jurisdictional Class Exempt Class Travel Percentage 5% Workweek Mon-Fri Hours Per Week 37.50 Workday From 9 AM To 5 PM Flextime allowed? Yes Mandatory overtime? No Compressed workweek allowed? No Telecommuting allowed? Yes County New York Street Address 199 Church Street City New York City State NY Zip Code 10007 Minimum Qualifications Basic Qualifications:• Bachelor's degree with strong academic qualifications; MBA and/or CFA a plus.• Minimum of 5 years of relevant or similar experience in a credit role and strong preference for expertise covering banks and other financial institutions, preferably at a "buy-side" institution.• Excellent verbal and written communication skills.• Strong financial modeling skills and thorough understanding of accounting and financial statement analysis.• Effective organizational and time management skills; capacity to work on multiple projects at once and meet deadlines.• Strong computer proficiency (MS Office. Bloomberg and Capital IQ) and ability to learn new software.Preferred Qualifications:• Strong technical skills and intellectual curiosity.• Working knowledge of investment principles, products and markets.• Desire to work in a highly collaborative environment with various stakeholders.Please be advised that the New York State Insurance Fund does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position. Duties Description Description:The New York State Insurance Fund (NYSIF), with over $20 billion of assets under management, is seeking an experienced credit analyst, preferably with in-depth knowledge of developed-market banks and financial institutions, to assist in managing its corporate bond portfolio of approximately $8 billion. Salary will be commensurate with experience.Responsibilities include, but are not limited to:Senior Corporate Credit Analysts are sector specialists who work closely with the Chief Credit Officer and the Corporate PM/trading team to identify sound investment opportunities within their assigned sectors.• Develop fundamental and market views on assigned portfolio names and sectors.• Communicate credit opinions and investment recommendations, including relative value thoughts, to the PMs, trader and other constituencies within NYSIF.• Monitor creditworthiness of corporate credits within assigned sectors by identifying risks in a timely manner to maximize risk-adjusted returns. Keep abreast of industry and market developments.• Analyze quarterly earnings and participate in significant company-sponsored conference calls. Produce timely written quarterly reports on individual credits.• Maintain updated financial models with projections. Assign credit ratings and outlooks to credits under coverage.• Review bond indentures, covenants and other terms related to bond offerings and corporate actions.• Maintain dialogues with other buy-side, sell-side and rating agency analysts to enhance depth of perspective. Attend important industry conferences and calls and relay key highlights to the team.• Collaborate with NYSIF colleagues and assist the broader Investment team on key initiatives and other needed duties. Additional Comments Salary will be commensurate with experience. NYSIF has a telecommuting program.Fringe Benefits: • Competitive Compensation.• Future Career Growth Potential. • Open and Supportive Team-Based Environment.• Plentiful Vacation, Personal, and Sick Leave Accruals. • Paid State and Federal Holidays.• Full Medical, Vision, and Dental. • Retirement Options. • Public Student Loan Forgiveness (PSLF).• Possibility of Telecommuting, Flextime, and Alternative Work Schedules.NYSIF Commitment to Diversity, Equity, and InclusionThe New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have.Executive Order 31 commits New York State government to becoming a model employer for people with disabilities, increasing the participation of people with disabilities in state service and ensuring equal access to opportunities. NYSIF is proud to utilize best practices to recruit, hire, retain, and promote career advancement of individuals with disabilities. This includes special focus on current and prospective employees with the most significant disabilities, such as the use of supported employment, individual placement with support services, customized employment, the civil service sections 55/b and 55/c programs, internships, and job shadowing. If you are a person with a disability and wish to request that a reasonable accommodation be provided for you to participate in a job interview, please send an email to NYSIF's Reasonable Accommodations mailbox at . Some positions may require additional credentials or a background check to verify your identity. Name Human Resources Telephone Fax Email Address Address Street PO Box 66699 City Albany State NY Zip Code 12206 Notes on Applying Candidates should email a resume and cover letter to .
Created: 2024-11-04