Genworth Financial Sr. Credit Analyst, Corporate Credit Research in Stamford, Connecticut
Genworth is a Fortune 500 financial services company providing financial security and protection through our Mortgage Insurance and Long Term Care Insurance businesses. Our purpose is to help families achieve the dream of homeownership and address the financial challenges of aging. At Genworth, our promise to our employees is the opportunity to make a meaningful difference in the lives of our customers, our communities, and one another.
Led by our Chief Investment Officer, the Investment Department manages a consolidated investment portfolio of nearly $75 billion and consists of investment professionals focused on portfolio management, risk management, asset management, derivatives, operations, finance and accounting functions.
This role will support fundamental credit research and team reporting as a member of the Public Corporate Credit Research team (“PCCR”). The successful candidate will be a key member of a team that evaluates new investment opportunities and manages existing investment positions and will have a specific focus in covering the energy sector. This role supports team investment, analytic, and reporting responsibilities. This position will report to the Head of Corporate Credit Research.
Core Credit Analyst role responsibilities will include:
Through fundamental credit analysis, provide timely recommendations in support of investment and portfolio management needs and new-issue and secondary-market opportunities. Analysis to include total exposure, maturity, and relative value considerations, as well as consideration of broader Genworth investment goals, strategies and risk tolerance
Share knowledge – both verbally and in writing -- regarding ongoing credit or sector developments with other members of the Corporate Credit Research Team, Private Placements and Genworth Investments
Prepare timely, comprehensive written analyses on individual credits, sectors, or events and cogently present facts, analyses, conclusions, and recommendations to a broad audience within Genworth Investments
Maintain and report-out on individual credit or sector events to a broad audience within Genworth Investments and convey implications relative to the portfolio
Review and analyze transaction documents and assess strengths, risks, and value of deal covenants and structure • Interact with rating agencies, Wall Street analysts, and other independent sources to obtain external views on individual credits or industries
Lead or participate in monthly credit reviews and credit surveillance discussions and provide in-depth assessment of identified names for periodic accounting valuation processes • Provide credit research to support new business initiatives
Develop and maintain relationships with industry peers and participants including Genworth’s primary securities dealer coverage
Beyond the Analyst’s core responsibilities, preferred capabilities will include either demonstrated ability or working progress towards:
Leading or actively contributing to division-wide projects and process improvement efforts
Developing and maintaining working relationships among large teams in a matrix organization
Teaching and mentoring Investments Associates
Capably influencing members of the Investments Leadership Team
MBA or equivalent degree and 5-7+ years corporate credit research experience
Experience and demonstrated ability in analyzing corporate financial statements
Excellent written and verbal communications skills and the ability to present effectively to Investment Area leadership and broader groups
Solid decision-making skills regarding core credit responsibilities, requiring only limited guidance and oversight
Strong functional capability with Microsoft Office (Excel, Word, PowerPoint, Outlook) suite of applications and Bloomberg terminal functions
Understanding of fixed income mathematics
Experience covering the Energy sector and/or commodity-driven sectors
CFA or candidacy
Understanding of current credit risk models such as KMV, etc.
Genworth is a Fortune 500 financial services company providing financial security and protection through our Mortgage Insurance and Long Term Care businesses. Our purpose is to help families achieve the dream of homeownership and address the financial challenges of aging. At Genworth, our promise to our employees is the opportunity to make a meaningful difference in the lives of our customers, our communities, and one another.