Investment Grade Credit Research Analyst, VP

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 600 investment professionals around the world and $552 billion in assets under management or supervision as of December 31, 2019. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Morgan Stanley Investment Management is seeking an experienced Investment grade credit analyst to provide company/sector research and make investment recommendations for Institutional account portfolios. The ideal candidate should have 6 to 10 years of experience in evaluating investment-grade corporate credits (bonds) and making investment decisions. The individual will be responsible for analyzing company credit risk and making relative value selections on names in the new issue and secondary markets.

Responsibilities

• Perform financial and credit analysis of names within Non-Financial coverage sectors (Corporates/Industrials)
• Develop relative value opinions and trade ideas on credits and individual debt securities
• Prepare financial forecasts, comparable company analyses and valuation models
• Write and defend credit investment recommendations
• Monitor market developments and quarterly financial performance of names to determine credit pricing impact
• Work with portfolio management and trading to recommend portfolio position sizing
• Assist in gathering and analyzing industry and macro data to identify trends and help develop broad views of corporate credit and sector allocation
• Extensive usage of Excel, Bloomberg, Capital IQ and other technology applications

Qualifications:

The ideal candidate should have:

• Well-developed fundamental and relative value skills with 6-10 years of experience within the Non-Financial coverage sectors
• Strong knowledge of credit analysis, financial accounting, complex capital structures and basic bond portfolio management
• Strong Excel skills, advanced modeling, financial forecasting, effective writing and communication and facility with technology applications
• Proven academic and professional achievement
• Progress toward or completion of a CFA a plus