Director, Banking & Sovereign Research


Company:: Genworth Financial
Location:: Stamford, CT
Job Type:: Full Time
Category:: Asset Management

Yrs of Exp:: 7+ to 10 years
Posted:: 2/2/2013

Related Jobs

APPLY NOW

Job Description

RESPONSIBILITIES
• As member of the Banking & Sovereign Research team, conduct and support fundamental credit research on investment grade and high yield corporate bonds
• Evaluate new investment opportunities and manage existing investment positions
• Through fundamental credit analysis, provide timely buy/sell/hold recommendations in support of investment and portfolio management needs and new-issue and secondary-market investment opportunities. Analysis to include total exposure, maturity, and relative value considerations
• Communicate material developments in a timely manner and provide recommendations regarding credit or sector news with the trading desk and other members of the investment team
• Provide credit input regarding ongoing asset selection and substitution ideas for Genworth's bespoke synthetic CDOs
• Maintain current credit views by following and analyzing news, company releases, rating agency actions, analyst publications and other information sources
• Interact with rating agencies, sell-side analysts and other independent sources to obtain external views on individual credits or industries
• Participate in periodic and ad hoc credit reviews and discussions
• Develop and maintain relationships with Genworth's primary securities dealer coverage
• Support required documentation of Credit Team analysis and decision making
• Support in-depth assessment of identified names for periodic accounting valuation processes
• Work closely with Trading and Portfolio Management to set investment strategy for financials and corporate sectors
• Contribute to and participate in presentations to Investments Leadership Team
• Provide leadership and mentoring within the Bank & Sovereign team as well as the broader Corporate Credit Research platform
• Participate in and lead ad hoc projects which may reach across various asset classes and Investments teams

BASIC QUALIFICATIONS
• Bachelor's degree
• MBA or equivalent degree and 7+ years corporate credit research experience; or an equivalent combination of education and related experience
• Previous experience covering financial companies and banks
• Experience and demonstrated ability in understanding corporate financial statements and fixed income mathematics
• Strong functional capability with Microsoft Office (Excel, Word, Powerpoint, Outlook) suite of applications and Bloomberg terminal functions

PREFERRED QUALIFICATIONS
• Strong verbal and written communication skills
• Working knowledge of credit derivatives
• Understanding of current credit risk models such as KMV, etc.
• Understanding of fixed income mathematics
• CFA or candidacy

APPLY NOW