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CIM Group, LP

Posted 2 months ago

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Associate, Credit Analysis

ChicagoOn-siteFull-time

AI Summary

Associate in Credit Analysis at CIM Group's affiliate OFS, researching and analyzing leveraged loan market investments and preparing investment memoranda and portfolio reports.

About this role

ABOUT OFS:
Established in 1994, OFS is a registered investment adviser providing capital and leveraged finance solutions to U.S. corporations on behalf of its advisory clients. For more than 25-years, OFS has developed a disciplined approach to provide reliable, innovative, and flexible credit solutions to U.S.-based businesses that are underserved by traditional lenders. OFS provides flexible debt financing to support recapitalizations, leveraged buyouts, and growth capital. OFS is an affiliate of CIM Group. Join us and make an impact today!

POSITION PURPOSE:

Position will research and analyze the assigned industries, to identify potential investment opportunities and monitor existing investments in the Broadly Syndicated Loan Market.

RESPONSIBILITIES:

  • Monitor respective investments in the Business Services sector within the leveraged loan market.
  • Present written analysis on individual credits including but not limited to; identification of strengths/weaknesses, mitigants to weaknesses, business outlook, industry dynamics, company management, deal sponsor, capital structure, key credit agreement terms, collateral profile, cash flow projections/sensitivity analysis, comparable analysis, and relative value.
  • Research investments incorporating fundamental analysis of companies within the leveraged loan space. Specifically, the analyst will be responsible for building/maintaining financial models, preparing written investment memoranda and quarterly/annual portfolio management reports.
  • Assist in preparation of sector presentations on a periodic basis, providing current state of industry, company comparisons, valuations, new ideas, trends, etc. to the Investment Committee.
  • Maintain high level of knowledge on current/evolving industry trends and monitor primary and secondary credit market activity in the leveraged loan/high yield space via networking/conversation with research analysts, third parties, and colleagues within the leveraged loan space.

    • EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)

  • Bachelor’s degree in business, finance or related field of study.
  • 2 to 5 years of experience in credit markets, including formal credit training, financial analysis and modeling, broadly syndicated loan market experience preferred but not necessary.
  • Prior investment banking experience a plus.
  • CPA, CFA and/or MBA a plus.
  • Demonstrated understanding of GAAP principles/financial analysis/valuation/modeling.
  • Ability to forecast/project based on drivers of applicable business.
  • Demonstrated ability to interpret/analyze Quality of Earnings reports; understand/opine on Adjustments to EBITDA.
  • Ability to perform Discounted Cash Flow Analysis/NPV analysis.
  • Ability to assess Relative Value, based on yield calculations, internal/external ratings considerations, and credit metrics.

    • ABOUT YOU:

  • Ability to interact with outside institutions in professional manner, seeking guidance from research analysts/market color from capital markets professionals.
  • Ability to write correspondence and/or reports.
  • Ability to effectively present information to customers, clients and other employees of the organization.
  • Ability to read, analyze and interpret financial reports and/or legal documents.
  • Demonstrated competence with respect to overall macro factors and subsector trends/allocations.
  • Demonstrated competence with Microsoft Excel, Word, PowerPoint.
  • Demonstrated competence/curiosity with Artificial Intelligence (CoPilot, Claude, GPT, etc).
  • Demonstrated competence in use of Bloomberg, Capital IQ.
  • Demonstrated competence with Moody’s/S&P online platforms for ratings/industry analysis.
  • Ability to learn/adapt to technological platforms OFS employs on proprietary basis.

    • Skills

    BloombergCapital IQDiscounted Cash Flow AnalysisExcelFinancial AnalysisFinancial ModelingGAAPMicrosoft WordMoody'sPowerPointS&P Online Platforms

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