Investment Analyst - High Yield & Leveraged Loans

Location: Hybrid - 4 days per week New York Life Investment Management (NYLIM) is a global asset manager with over $800billion in assets under management, serving institutional, retail, and insurance clients under a unified brand. The Global Fixed Income Group – High Yield Corporate Credit Team manages approximately $25billion in assets, operating total return and CLO portfolios that invest in high‑yield and leveraged‑loan corporate debt across institutional and retail funds. What You’ll Do: Perform fundamental credit research, investment analysis, and ongoing portfolio surveillance for specific industry sectors in the high‑yield and leveraged loan credit markets. Present investment recommendations to the high‑yield investment committee for approval. Partner with portfolio managers and traders to assess relative value, portfolio fit, and recommended position sizing for purchase and sale decisions. Meet with issuer management teams to identify opportunities and conduct due diligence. Develop and maintain relationships with research analysts at peers, broker‑dealers and the major rating agencies. Prepare industry, issuer and portfolio review reports for management as needed. Actively monitor holdings in covered names/industries to help drive strong alpha‑generating returns, providing timely recommendations with regard to portfolio positioning. What You’ll Bring: 5–10 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 high‑yield bonds and leveraged loans, preferably in both total return and CLO strategies. Well‑developed quantitative, analytical, and problem‑solving skills. Knowledge and experience working with AI. Excellent written and oral communication skills. Strong team player with the ability to manage and prioritize numerous tasks. Compensation and Benefits Salary Range: $135,000–$195,000 (subject to experience, skills, qualifications, and location). Overtime eligible: Exempt. Discretionary bonus eligible: Yes. Sales bonus eligible: No. Employees are eligible for an annual discretionary bonus and may participate in an incentive program. Full benefits package includes leave programs, adoption assistance, and student loan repayment opportunities. #J-18808-Ljbffr New York Life