Managing Director, IG Corporate Credit Research - Hybrid

About the role

We are seeking an experienced and intellectually driven Managing Director to lead our Investment Grade Public Credit Research effort. This is a senior leadership role in a $50 billion fixed income platform with a longstanding commitment to rigorous, bottom-up fundamental credit analysis.

What You Will Do

• Research Leadership
  Lead and oversee fundamental credit research across a broad universe of investment grade corporate issuers spanning multiple industry sectors.
  Refine and maintain rigorous analytical standards for issuer-level credit work, including financial statement analysis, business model assessment, capital structure evaluation, and covenant review.
  Develop and articulate well-grounded credit views in written and verbal form for use by portfolio managers in investment decision-making.
  Stay current on macroeconomic conditions, credit market technicals, and sector-specific developments that bear on issuer credit quality.
  Contribute to top-down thematic credit research and sector allocation views in collaboration with portfolio management.
  Lead the development of artificial intelligence (AI) tools for the analyst team and incorporated them into the process.

• Team Development & Mentorship
  Lead, mentor, and coach a team of credit analysts ranging from junior associates to senior analysts, with a focus on accelerating professional development and deepening analytical capability.
  Conduct regular feedback sessions, provide structured guidance on the research process and communication, and support analyst performance reviews.
  Design and oversee the firm’s developmental credit training program for early-career analysts, including curriculum development, onboarding structure, and progression milestones.
  Cultivate a culture of intellectual curiosity, analytical rigor, and collaborative debate within the research team.
  Identify and recruit top-tier credit research talent in partnership with senior management and human resources.

• Cross Platform Collaboration
  Partner closely with portfolio managers on the investment grade team to ensure research output is actionable and aligned with portfolio construction objectives.
  Collaborate with peers and analysts in high yield, leveraged loans, private placements, and structured products to share credit intelligence, maintain issuer coverage continuity across the capital structure, and support cross-platform investment decisions.
  Participate in firmwide investment committees, credit forums, and client-facing discussions as a senior research spokesperson.
  Contribute to the development and refinement of research processes, tools, and infrastructure in partnership with technology and operations.

What We Offer You

• A seat at the table within a well-resourced, $50 billion fixed income platform with a disciplined, research-driven investment culture.
• The opportunity to build and shape a best-in-class research team and training program with direct support from senior leadership.
• Meaningful cross-platform collaboration across a fully integrated fixed income franchise spanning investment grade, high yield, loans, private placements, and structured products.
• A collaborative, intellectually rigorous environment that values fundamental analysis, continuous learning, and professional development.

Required

• Minimum 12–15 years of credit research experience in investment grade corporate bonds, with demonstrated coverage across multiple industry sectors.
• Deep expertise in fundamental credit analysis, including financial modeling, industry analysis, and relative value assessment within the investment grade universe.
• Proven track record of leading or co-leading a credit research function, including direct management and mentorship of analysts at varying levels of seniority.
• Exceptional written and verbal communication skills, with the ability to distill complex credit views into clear, concise investment-grade research.
• Strong cross-asset awareness and ability to collaborate effectively with peers across high yield, leveraged loans, private placements, and structured products.
• Capacity and interest in designing, developing and employing AI as part of the research process.

Prior Experience

• Prior experience at an institutional fixed income asset manager, insurance company general account, or bulge-bracket credit research platform.
• Familiarity with the specific dynamics and investor base of USD-denominated investment grade corporate bonds at scale ($25B+).
• Experience interfacing directly with clients, consultants, and rating agencies on behalf of a credit research platform.
• Advanced degree (MBA, CPA, or equivalent) is a plus.