Skills and Qualifications: Minimum 4 years IB experience

Hi all

I'm looking up job descriptions for where I want to be in 5 years. I found what i think is a good general template for higher level credit analyst roles. One of the jobs suggests 4 years of buy /sell side research and or year of IB experience.

Is this the kind of thing that you can network your way into with an MBA? (Commerical lending could be spun as sell side but the analysis might not be as thorough as the kind needed. I have no idea.)

Below is the job description in question.

Slowly but surely I'm working on developing those credit memo/underwriting skills. The more I learn and know what I'm talking about the clearer and concise I become. I don't know anything about high yield debt though. I've read the old book on Distressed Debt Analysis, read Fabozzi's FI textbook 4 years ago (need to re-read) and have been reading monthly articles here: https://www.tcw.com/en/Insights. I just use google to make sense of the parts that are new to me.

Bloomberg is quite a beast so learning to use the appropriate functions will probably require access through a school terminal or library.

The Credit Analyst generates investment recommendations for our investment grade, high yield and bank loan portfolios.  In addition to proven credit analysis expertise, the candidate must possess highly professional communication skills to effectively present memorandum to credit committee. 

Essential Duties

• Present detailed investment memorandum including industry analysis, financial projections, credit analysis, covenant reviews, valuation analysis, relative value analysis, recovery analysis and investment recommendation
• Create and maintain financial models and databases, which are used to monitor and analyze both existing and prospective investments
• Compile industry and company data from a broad array of sources, such as regulatory filings, sell-side research, external databases, trade journals, and industry sources
• Maintain industry scorecards and relative value frameworks
• Conduct meetings and sustain relationships with management teams, sell-side analysts, rating agency analysts and industry experts
• Monitor and synthesize news flow, company announcements, and industry reports related to portfolio investments
• Evaluate new issue investment opportunities

Required Qualifications

• Minimum 4 years of buy-side or sell-side research and/or investment banking experience
• Bachelor’s Degree from a competitive university or college with strong academic performance and relevant coursework
• Excellent finance, accounting and math skills
• Solid proficiency with Bloomberg, Excel, Word and PowerPoint