London, United Kingdom
1 day ago
High Yield Credit Research Desk Analyst

Research Department Overview:

ING’s Global Research team helps to define ING’s group strategy of thought leadership and building a strategic dialogue with a broad range of ING’s customer base, including Financial Institutions, Corporates and - via ING’s new free-to-air website THINK - retail clients.

The department consists of a broad range of economists, sector specialists and strategists, with a wide geographic and product diversity. Content is delivered via website, email and direct contact with internal and external customers, with a preference for concise and easily accessible communication using all forms of media.

The key purpose of the department is to boost client revenue by marketing a highly rated, incisive, thought provoking, original and stimulating research product. This provides ING with a solid platform from which sales teams can leverage in order to increase business flows and deals.

The department also plays an active role in marketing ING’s expertise through external client meetings/visits and also through frequently appearing in key media outlets.

The Global Research team strictly delivers independent research with full adherence to all regulatory and compliance criteria.

Main Duties and Responsibilities of Role:

Support of the Global Credit Trading department and specifically the High Yield traders through fundamental analysis of companies with a high yield rating. The candidate will work closely with team members and interact regularly with Trading, Sales, WB Sectors and DCM.

This is a desk analysis role; therefore the candidate will spend most of its time with the traders at the trading desk.

Helping traders identify market opportunities by analysing issues/issuers in coverage list. This will involve credit analysis, industry analysis.

Propose trade ideas.

Work with sales, traders to pitch these ideas to investors.

Follow daily news/announcements on coverage universe with a view providing useful inputs to traders.

Coverage is determined by input from the trading desk, special situations, credit events and news on companies determines the day-to-day analysis and will span numerous sectors.

Identify opportunities to increase market share and promote ING's Credit franchise.

Occasionally will be asked to support other areas of business such as DCM or WB sectors.

This role is part of the Research team to ensure that views are aligned to the Global Research team’s views.

Support to sales can come by joining meetings to provide views on the markets and issuers. Help in creating sales notes on special interest companies. (There will be no publication of reports). 

Career Potential

Each analyst will be given training and autonomy straight away and will be offered a development plan to grow in their career at ING.

Candidate Profile

Qualification/Education

Essential:

University degree (at least 2:1).

Desirable:

University degree from a top university most likely in a maths/finance/economics/engineering degree

Advanced degree (post-graduate).

Experience/Knowledge

Essential:

At least 3 years’ European High Yield Credit Research experience

Good understanding of other credit product areas.

Desirable:

CFA

Coding Skills: Excel, Python

Personal Competencies

Essential:

Can do’ attitude, positive mind set, adaptability and resilience.

Genuine team player.

Strong analytical skills.

Strong presentation skills.

Clear, concise, and transparent communicator.

Disciplined, customer-focused and results-driven.

Able to work under pressure and in a high-paced environment.

Accountable for own actions and able to learn from mistakes.

The candidate will need to pass all regulatory exams.

ING’s purpose is ‘Empowering people to stay a step ahead in life and in business’. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead)  

For us, success will only be achieved if we act with Integrity.

Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance.  At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise.

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