Location
London

Hours
Full Time

Salary
Competitive, commensurate with experience

About the Role
Are you ready to accelerate your career in the dynamic world of leveraged finance? Join J.P. Morgan's EMEA Leveraged Finance Trading desk, where your credit analysis skills and market insight will help drive trading revenues and maintain our market leadership. The business trades High Yield Bonds and Leveraged Loans, both performing and stressed, and in the case of distressed debt, any successor or restructured instruments including reorganized equity. We are recruiting a desk analyst to cover Loans and Special Situations with a focus on opportunistic and stressed credits. Our client base includes top European banks, credit opportunity funds, hedge funds, CLO investors, and private equity clients.

As an Analyst on the EMEA Leveraged Finance Trading desk, you will partner with traders to generate trading revenues, manage desk inventory, and produce impactful credit commentary. Your work will support market making and help set trading levels in rapidly evolving credit situations. Key responsibilities include reviewing a wide variety of credits to produce commentary and analysis, identifying profitable trading opportunities, formulating and expressing credit views and relative value across traded instruments, collaborating with senior desk analysts on complex credits, communicating credit developments in real time with traders, preparing concise summaries for Sales, pitching trading opportunities to fund clients, credit managing inventory positions including amendments, waivers, and restructuring, preparing ad hoc support materials and presentations, and networking with market counterparts including peer analysts, legal advisors, and restructuring advisors.

Experience
Previous experience in leveraged loans and high yield bonds credit analysis and monitoring. Strong financial modeling and valuation skills. Experience collaborating with senior team members to arrive at pricing and facilitate market making. Experience in credit analysis including cash flow modeling and company valuation.

About you
Strong work ethic and self-starter, able to work independently and as part of a larger team. Clear and impactful communication skills, confident presentation abilities, and capability to handle client interaction as needed. Ability to work under pressure and meet tight deadlines while managing multiple demands. Knowledge of basic debt documentation concepts and willingness to learn to identify documentational weaknesses. European language skills are desirable but not required.

Qualifications
This role encompasses the performance of UK regulated activity. The successful candidate will be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence as assessed by the Firm and, where appropriate, approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.