Credit Analyst, Active High Yield

Overview

Vanguard Credit Research is recruiting for a Primary European High Yield Analyst to support the Active High Yield Credit Team. Vanguard's High Yield team is expanding its global focus with the build out of European High Yield credit capabilities. The team is focused on investing dedicated portfolios, portions of the broader credit funds, and supporting future business development. As part of the team, you will work with an established group of investment professionals to maximize the risk/return potential of high yield investments while also collaborating with the larger Credit Research Team.

In this role

In this role you will provide investment recommendations to the team on high yield investments in the European market including fundamental and relative value views. Ideally, we are looking for an analyst who has breadth and depth of experience in covering cyclical and non-cyclical sectors, but we are willing to consider sector specialists as well. Our research process is focused and collaborative and includes written opinions, models and credit presentations. In addition to investment research, you must be willing to take on strategic projects both within the High Yield team and for the broader Fixed Income platform. Importantly, the development of others is a key business focus so you must be willing to provide mentorship and guidance to Crew across the platform.

Qualifications (What it takes)

• Undergraduate degree. Graduate degree and CFA preferred.
• Six years investment management experience with two years primary coverage. Active High Yield Credit and/or Fixed Income experience preferred.
• Excellent quantitative/modeling skills.
• Experience with Leveraged Loans.
• Excellent written and verbal communication skills.
• Team player with strong interpersonal skills.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

Special Factors

Vanguard is not offering visa sponsorship for this position.

Why Vanguard?

Vanguard is a different kind of investment company. It was founded in the United States in 1975 on a simple but revolutionary idea: that an investment company should manage its funds solely in the interests of its clients. This philosophy has helped millions of people around the world to achieve their goals with low-cost, uncomplicated investments. It's what we stand for: value to investors.