Credit Analyst

About the Role

Great Elm Capital Management is looking for a seasoned Credit Analyst to work closely with its senior investment group and report directly to the Head of Research. The role demands expertise in credit analysis across high yield bonds, leveraged loans, preferred stock, and restructuring equities spanning from deeply distressed to performing categories. Strong analytical rigor combined with excellent interpersonal acumen are key to success in this position.

Key Responsibilities

• Perform thorough fundamental credit assessments to evaluate risks within existing portfolio positions and new potential investments by analyzing business trends and credit-related documentation.
• Initiate and present new investment opportunities proactively, engaging the Investment Committee in discussions.
• Build detailed financial forecast models that underpin the investment theses.
• Continuously monitor portfolio investments by updating financial models and internal tracking notes, emphasizing changes in core factors and comparative value.
• Maintain and develop professional relationships with sell-side traders, sales teams, analysts, lawyers, consultants, and buy-side stakeholders to facilitate the exchange of market intelligence, credit ideas, and co-investment prospects.
• Address internal queries regarding credit issues and market summaries.
• Serve as a backup support to the trading desk, including executing trades within approved limits when necessary.

Required Skills and Experience

• Proven ability to effectively communicate and advocate investment ideas within an investment committee setting.
• Minimum of three years' experience in credit research or investment banking, with comprehensive knowledge of financial modeling, valuation techniques, and credit documentation.
• Sector generalist with robust financial modeling capabilities and outstanding written communication skills.
• Extensive experience analyzing credit documents and understanding their impact on both performing and distressed assets.
• Demonstrated ability to excel in a fast-moving, dynamic environment while consistently producing high-quality work.
• High integrity, energetic approach, flexibility, and a positive team-oriented mindset.
• In-depth experience with fixed income instruments and issues prevalent in high yield and distressed debt markets.
• Hands-on exposure to credit market transactions and trade execution experience.
• Strong interpersonal skills suitable for building and maintaining professional relationships.

Qualifications

• Bachelor's degree is mandatory.
• CFA certification is preferred.
• Experience in investing within technology, media, or healthcare sectors is advantageous but not essential.
• MBA or Master’s degree in accounting, finance, or economics is regarded as a plus.