Analyst, Credit

About This Role

This Credit Analyst role involves working directly with the credit portfolio manager within an Asia-focused hedge fund. The position is a research-and-trading seat, requiring the analyst to cover a portfolio of issuers, generate trade ideas, and develop tools for the credit desk. It suits a candidate who is comfortable with financial modeling, bond documentation, and Python for automation, with a strong accounting foundation and a disciplined approach to investment decisions.

Responsibilities

• Take ownership of coverage for a portfolio of issuers across Asia IG and HY credit, including corporates, financials and quasi-sovereigns
• Spread financial statements and build and maintain credit models, covering leverage, coverage, liquidity, cash-flow and recovery analysis
• Review bond documentation (covenants, ranking, call/put features, structural subordination) and assess how it affects downside protection
• Track earnings, rating actions, policy developments and company-specific events, and update investment views promptly
• Screen for relative-value opportunities across issuers, curves, capital structures, and bonds vs. CDS
• Prepare trade ideas with clear theses, comparables, catalysts, risk-reward and exit levels
• Write concise investment memos and present recommendations to the PM
• Monitor markets, positions and P&L daily, and flag material developments to the PM
• Track portfolio exposures (spread duration, issuer/sector concentration, liquidity) and support positions sizing
• Conduct post-trade review and P&L attribution to refine the investment process
• Support trade execution and booking, keeping records accurate and reconciled
• Build and maintain Python tools to pull market and issuer data (e.g., Bloomberg) and automate daily reporting and monitoring
• Develop screening dashboards and issuer databases that make the team’s research process scalable
• Partner with technology and operations to improve data quality, analytics and workflow efficiency
• Work with the macro team to bring top-down views (rates, FX, sovereign risk, policy) into credit positioning
• Contribute original, well-supported ideas in research meetings
• Document models and methodologies to keep them transparent and reproducible

Requirements

• Bachelor’s or Master’s degree in Accounting, Finance, Economics, Mathematics, Engineering, Computer Science or a related field
• 0–3 years of relevant experience in credit research, fixed income, ratings, banking or investment management
• Strong accounting foundation, with the ability to read, analyse and model financial statements independently
• Solid understanding of fixed income and credit: bond pricing, spreads, duration, CDS, capital structure and recovery