US Credit Analyst

Polar Asset Management Partners Inc. | Toronto, ON, Canada

Posted Date 4/27/2021

Job Description


Analyst, US Credit   

Polar Asset Management Partners “Polar” is a Toronto based alternative asset manager established in 1991 which manages approximately US$ 7 billion. Polar seeks to hire an Analyst to join our US Long/Short Credit business. The business focuses on market neutral fundamental Credit strategies designed to capture mispricing within and across asset classes and tenors (primarily within Credit). The scope of the strategy spans High Yield/Stressed and Investment Grade single name relative value and new issue Credit, as well as Credit-related equities.


Position Description

  • Deliver an independent idea generation process, a strong analytical toolkit, and an ability to synthesize individual company analysis into compelling trade recommendations
  • Conduct deep industry work, dive into company’s financials, evaluate company’s distinct business model competitive advantage, drive forward revenue, EBITDA and cash flow estimates and evaluate the total enterprise value
  • Ability to dynamically assess new information, revisit thesis, and adjust recommendations and targets when relevant
  • Contribute a strong relevant expertise and knowledge of the US TMT, or Healthcare, or Consumer sectors
  • Assist in the evaluation and participation of loan and bond new issues


Position Requirements

The successful candidate will possess strong analytical and Credit valuation skills and ability to assess relevant Credit documents and covenants. The individual will have at least 7 years of experience as a Credit Analyst focusing on High Yield Credit and cross-capital structure opportunities and demonstrated grasp of the relevant sector. Additional qualifications for the position are the following:

  • Ability to make investment decisions supported by rigorous analysis and communicated with conviction
  • Independent thought, intellectual curiosity, and an entrepreneurial nature
  • Proven interpersonal skills and experience in a collaborative, team-based, results-oriented environment
  • Strong presentation skills – ability to communicate investment recommendation and analysis to colleagues and Portfolio Managers
  • Buyside experience is preferred but not required
  • Undergraduate degree with a strong academic record

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