Senior Credit Analyst

About the role

The State of Wisconsin Investment Board (SWIB) is seeking an experienced Senior Credit Analyst to join its Fixed Income Strategies team. This role is responsible for conducting in-depth fundamental credit analysis, evaluating relative value, and supporting portfolio construction.

Responsibilities

• Perform investment research inclusive of credit analysis, deal write-ups, and financial modeling
• Evaluate relative value across bonds, loans, and other credit instruments
• Monitor existing portfolio holdings and provide ongoing risk assessments
• Collaborate with portfolio managers on trade ideas and portfolio positioning
• Engage with traders on market dynamics, liquidity, and new issues
• Track market trends, sector developments, and macroeconomic factors impacting credit markets
• Generate written research reports and present investment recommendations to the investment team
• Establish and maintain working relationships and dialogue with sell-side analysts, company management, industry experts, and rating agencies
• Lead, mentor, and develop less seasoned credit analysts
• Partner with quantitative and technology teams to build and enhance research and analytics platforms
• Provide leveraged finance expertise across the firm and participate in cross-market strategies and trades

Qualifications

• Minimum 10 years of experience in leveraged finance analytics, including advanced financial modeling and valuation skills
• Demonstrated success identifying relative value opportunities within covered sectors
• Strong understanding of credit markets, capital structures, and distressed situations
• Broad understanding of global fixed income and capital markets
• Strong ability to collaborate effectively within a small team and across investment disciplines
• Excellent written and verbal communication skills
• Strategic mindset paired with exceptional attention to detail
• Team-oriented professional with a positive, constructive approach
• Familiarity with CLOs and private credit preferred
• Proficiency with Bloomberg, Aladdin, or similar tools

Benefits

SWIB offers competitive total cash compensation, based on AON (formerly McLagan) industry benchmarks, a comprehensive benefits package, educational and training opportunities, tuition reimbursement, challenging work in a professional environment, a hybrid work environment, and relocation reimbursement to the Dane County area per our policy.

Pay

Competitive total cash compensation based on AON (formerly McLagan) industry benchmarks.

Schedule

Hybrid work environment with a requirement for a weekly presence in the office, the frequency of which is dependent on distance from office.

Skills

Advanced financial modeling and valuation skills, demonstrated success identifying relative value opportunities, strong understanding of credit markets, capital structures, and distressed situations, broad understanding of global fixed income and capital markets, strong collaboration skills, excellent written and verbal communication, strategic mindset, attention to detail, familiarity with CLOs and private credit, proficiency with Bloomberg, Aladdin, or similar tools.

Benefits

Comprehensive benefits package, educational and training opportunities, tuition reimbursement, challenging work in a professional environment, a hybrid work environment, and relocation reimbursement to the Dane County area per our policy.