Investment Analyst – High Yield Credit Group

New York Life Insurance Company (New York Life or the company) is the largest mutual life insurance company in the United States. Founded in 1845, New York Life is headquartered in New York City, maintains offices in all fifty states, and owns Seguros Monterey New York Life in Mexico.

A $200+ billion investment management organization is seeking to add an Investment Analyst to its High Yield Corporate Credit Group. Current assets under management in the Group’s portfolios exceed $14 billion and are growing. Portfolio strategies include institutional, total return, and CLO portfolios investing in high yield corporate debt and floating rate loans.

* Perform credit research, investment analysis, and portfolio surveillance for specific industry sectors in the high yield credit markets. * Present investment recommendations to management for approval. * Work with traders to execute purchase and sale recommendations. * Develop and enhance relationships with broker-dealers. * Meet with issuer management teams to source opportunities and conduct due diligence. * Develop and enhance relationships with analysts at the major rating agencies. * Prepare portfolio review reports for management. * Monitor existing portfolio holdings for performance and offer timely recommendations with regard to portfolio positioning in covered industries.

* 5-7 years of relevant industry experience with a strong background in credit research and a thorough understanding of leveraged finance. * BA required; MBA or CFA is a plus. * Meaningful investment experience with floating rate loans, CLOs and total return portfolios is preferred.