IMI CIB - European High Yield Credit Analyst

Scope and Purpose

• Support trading activity across European HY credit (primary & secondary)
• Generate and articulate trade ideas in non-cyclical sectors, cyclical sectors and special situations
• Build and maintain financial models, forecasts, and credit assessments
• Work with traders on relative value, capital structure, and event-driven opportunities
• Engage with buy- and sell-side counterparties to deepen market intelligence, and build the franchise.
• Contribute to AI-driven analytics and optimisation initiatives

Required Experience

At least 5 years’ experience as a PM/Analyst on a credit desk, Buy or Sell Side, with European HY focus

Required Qualifications, Skills and Knowledge

Required:

• Strong credit modelling and forecasting skills
• Excellent communication and relationship-building skills across the street
• Commercial mindset and ability to work in a fast-moving trading environment
• Strong academic background
• Excellent written and verbal communication skills, with the ability to present complex credit analysis, and recommendations, clearly

Beneficial:

• Programming or AI optimisation exposure
• Established network with HY Credit Investors and Banks
• Experience in stressed credit situations

• CFA or equivalent