Private Credit Analyst

Voya Investment Management is seeking a motivated credit analyst to support its Investment Grade Private Credit team, with primary responsibility for monitoring a portfolio of investment-grade private credit investments. The analyst will also assist in evaluating new investment opportunities.

Responsibilities

Analyze credit/investment characteristics of borrowing entities by reviewing offering materials, pursuing independent research and analysis, and engaging with management teams and their agents; Independently form and justify a view on transaction credit quality and assign internal ratings; Collaborate with internal legal team to evaluate and negotiate key transaction terms; Assess pricing and relative value as part of an overall investment recommendation; Prepare and present investment memoranda and other supporting materials; Present conclusions and recommendations to senior leadership and to relevant committees; Perform further due diligence through conversations with company management and on-site visits of company's facilities, where appropriate; Monitor credit quality of a portfolio of private credit assets, including ongoing financial performance and compliance with debt covenants; Maintain communication with borrowers to maintain real time understanding of their business performance and outlook, and to foster relationships for further growth where desired; Organize and maintain records on assigned private credit portfolio, including deal files, updating Voya's credit monitoring application, and writing periodic summaries of credit performance; Maintain internal ratings on each investment, making and documenting change recommendations in conjunction with senior staff; Review amendment and waiver requests in collaboration with internal legal team and make recommendations to senior staff; Ad hoc requests, including assisting with client questions, portfolio management team needs, and administrative items related to the portfolio; Adhere to Voya IM and Departmental policies

Requirements

Minimum Bachelor's degree; Minimum of 2 years' corporate credit experience; Excellent credit skills, inclusive ability to assess the quality and expected future performance of corporate credits and infrastructure projects; Familiarity and experience with loan documents and covenant packages; Advanced understanding of Excel and strong modeling capabilities; Excellent written and oral presentation skills; Solid foundation in accounting standards, and ability to navigate and analyze financial statements; Able to constructively engage with transaction counterparties and other stakeholders; Intellectual curiosity and desire to self-motivate while working in a fast-paced environment; Proven ability to make the most of available time while managing multiple workstreams; Team player attitude, and interest in supporting peers and colleagues to foster success for the whole

Nice to have

CFA Designation (or pursuit thereof) or equivalent; Exposure to private or public bond markets

Benefits

Health, dental, vision and life insurance plans; 401(k) Savings plan with generous company matching contributions (up to 6%); Voya Retirement Plan, employer paid cash balance retirement plan (4%); Tuition reimbursement up to $5,250/year; Paid time off including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day; Paid volunteer time of 40 hours per calendar year