Senior European High Yield Analyst

Apply locations London, Edinburgh

Time type: Full time

Posted on: Posted Yesterday

Time left to apply: End Date: December 24, 2024 (26 days left to apply)

Job requisition id: R

Job Description

At abrdn, our purpose is to enable our clients to be better investors.

Clients worldwide trust us to find future-fit investment opportunities to deliver the outcomes they want. Our technology and insight help empower them to make better decisions, while the powerful partnerships we build help to enhance the expertise that we offer. By enabling clients to invest responsibly, it helps us to build a better world.

About the Department

Our Fixed Income team is a high-performing and globally integrated platform managing over £130 billion in assets. Within this framework, the European High Yield team plays a vital role, managing a range of institutional and retail strategies designed to deliver exceptional client outcomes. The team combines deep research expertise with innovative ESG solutions to capture opportunities efficiently across the European leveraged finance universe.

About the Role

As a Senior High Yield Analyst, you will report to the Head of European High Yield and Global Loans, covering specific sectors within the European leveraged finance market. This is an outstanding opportunity to contribute to a high-performing team while shaping and enhancing investment processes. Your work will drive high-quality investment recommendations, ensuring stable performance across various funds and solutions.

Key Responsibilities

1. Conduct detailed fundamental credit analysis to provide clear investment recommendations.
2. Identify relative value opportunities across issuers, sectors, and instruments, including bonds and loans.
3. Assess downside risks and upside potential, identifying exploitable trends in industries and specific credits.
4. Develop and manage tools to support the investment process.
5. Deliver investment recommendations that drive consistent fund performance.
6. Support team development by mentoring junior colleagues.

About the Candidate

The ideal candidate will possess the following:

1. Strong financial, accounting, and business economics knowledge for analysing issuers and industries.
2. Expertise in financial modelling and projections.
3. Ability to analyse industry drivers, anticipate trends, and assess capital structures.
4. Skills in liquidity analysis, recovery scenarios, and legal covenant review.
5. Proven teamwork skills, consistently collaborating effectively and prioritising team goals.
6. Strong organisational and time management skills, with acute attention to detail.
7. A high level of self-motivation and ownership of work quality.

We are proud to be a Disability Confident Committed employer. If you have a disability and would like to apply to one of our UK roles under the Disability Confident Scheme, please notify us by completing the relevant section in our candidate questionnaire. One of our team will reach out to support you through your application process.

Our benefits

There's more to working life than coming home with a good salary. We have an environment where you can learn, get involved and be supported.

When you join us, your reward will be one of the best around. This includes 40 days' annual leave, a 16% employer pension contribution, a discretionary performance based bonus (where applicable), private healthcare and a range of flexible benefits - including gym discounts, season ticket loans and access to an employee discount portal.

Our business

Enabling our clients to be better investors drives everything we do. Our business is structured around three distinct areas - our vectors of growth - focused on our clients' changing needs.

An inclusive way of working

Whatever way you like to work, if you have the talent and commitment to join our team, we'd like to hear from you.

At abrdn we've adopted a 'blended working' approach. This approach combines the benefits of face-to-face collaboration, coaching and connecting in our offices with the flexibility of working from home. It enables colleagues to find a balance that works for their roles, their teams, our clients and our business.

An inclusive culture, where diverse perspectives drive our actions, is at the core of who we are and what we do. If you need assistance with your application, or a reasonable adjustment to your interview arrangements - for example, because you are neurodivergent, or have a physical, sensory, cognitive, mental, visible or invisible disability - please let us know and we'll be happy to help.