M&G Investments is looking for a passionate and motivated Credit Analyst who will be responsible for evaluating credit metrics, financial statements, industry trends, and macroeconomic factors to develop comprehensive credit assessments of issuers in the SA bond markets. As a Credit Analyst, you will collaborate with portfolio managers to optimise the holdings of corporate credit within client portfolios.
Key Responsibilities
- Providing an independent opinion on the credit worthiness of borrowers in the SA bond market
- Liaison with issuers, debt arrangers (the Investment banks), industry experts, regulators, sell-side analysts and rating agencies, including reviewing the opinions presented by rating agencies
- Monitoring credit relevant news (including company announcements, regulatory developments, earnings reports, ratings actions) and analysing the impact on credit views
- Attending all credit committee meetings and other regular meetings of the fixed income team
- Leveraging off the work of the M&G Equity team, rating agencies, and sell-side analysts
- Analysing the impact of corporate action events on assigned issuers, and exercising our voting rights as appropriate
- Responding to internal queries relating to the assigned credit issuers and broader credit market
- An appropriate finance or business degree (e.g., BCom, BBusSc)
- 3 years relevant financial services/investment industry experience an advantage
- Chartered Accountant qualification will be an advantage but is not required
- Enthusiasm and passion for investments
- Ability to understand and explain complex corporate and capital structures
- An ability to synthesize economic, industry and company information and formulate an investment rationale
- Strong communication (written and oral) skills
- Ability to critically analyse data, financial statements and maintain credit models
- Innovative thinking and idea generation in respect of research and investment responsibilities and ability to convince others of the merits of such ideas
- Attention to detail and tenacity
- Adaptability and a willingness to continuously learn
- An ability to work independently and in a team
- Ability to maintain a high level of productivity and demonstrate a good work ethic
