Credit Analyst

JOB DESCRIPTION

Coronation is searching for a Credit Analyst to support the credit function process for fixed income products and analysis of credit as an asset class, while also contributing to Fixed Income research and the management of Fixed Income portfolios.

We are looking for someone with the right attitude and aptitude. We will consider candidates with no direct investment experience, where they have the raw material to develop into world-class analysts; as well as experienced investment professionals with demonstrable research acumen.

DUTIES AND RESPONSIBILITIES

• Liaise with arrangers, issuers and ratings agencies on upcoming and existing bond issuances.

• Investigate new entrants to the bond market and conduct research on similar organisations globally if necessary.

• Investigate creditworthiness of banks and other lenders, corporate and government-related issuers.

• Analysing financial statements to assess the creditworthiness of the entity

• Advise on appropriate through-the-cycle pricing for new and currently held instruments on a total return basis.

• Analysing legal documentation relating to bond issues and if required, following up with internal legal counsel.

• Reporting to internal credit committee on credit exposures and developments.

• Assisting other members of the credit team with operational tasks and analysis.

• Contribute to investment decisions made by the team.

• Analyse and understand economic cycles and interpret economic variables.

• Valuation and dealing in fixed income assets.

• Perform quantitative analysis on various assets and markets.

• Analyse yield curves and calculate break-even levels.

IDEAL EXPERIENCE

• Credit analysis.

• Strong accounting experience – articles.

• Experience in presenting themselves articulately.

• Experience within the debt investing environment.

• Exposure to financial markets.

• Experience requiring a strong attention to detail.

• Investigative work experience.

IDEAL QUALIFICATIONS

• Chartered Accountant.

• BCom Accounts.

• Business Science – finance, economics, actuarial, quantitative management.

• Chartered Financial Analyst.

MOST IMPORTANT ATTRIBUTE

• Smart, insightful, passionate about markets, self-starter.

• Must be willing to travel around the country to meet with issuers if necessary.

SYSTEMS KNOWLEDGE

• Excel, Bloomberg