Quantitative Credit Analyst

Description : Quantitative Credit Analyst. Company : Nalesh Holdings. Location : Middelburg, Mpumalanga

Duties & Responsibilities

  • Making investment recommendations in respect of listed corporate bonds and money market instruments;
  • Performing detailed investment analysis (including an assessment of financial, operational, management, competitive, industry, governance, environment and social factors);
  • Performing global, local as well as industry specific research and analysis;
  • Participation in ad hoc projects (related to listed bonds, process improvements, ASISA initiatives etc)
  • Analysis of legal documentation and review of key terms and conditions for appropriateness; Working with internal and external legal advisors to ensure adequate protections are captured in the legal documentation;
  • Proposing appropriate risk-adjusted pricing and working with the dealing desk in the pricing and valuation of listed bond instruments;
  • Monitoring pricing and issuance trends in listed debt auctions to inform the broader investment decision making process;
  • Working with the team to further develop and subsequently maintain internal relative value pricing databases;
  • Regular contact with borrower management teams, rating agencies, deal originators, legal advisors, internal portfolio managers, ASISA, the JSE and other stakeholders;
  • Deal origination;
  • Sourcing transactions via reverse enquiry;
  • Developing and maintaining counterparty and arranger relationships;
  • Analysis of appropriateness of deal structures and pricing;

Desired Experience & Qualification

  • Relevant commerce or financial markets degree (quantitative / financial mathematics / statistics subjects);
  • Prior asset management or banking experience (3 years) in quantitative analysis, deal implementation, monitoring and instrument valuations would be an advantage;
  • Prior experience with financial instruments and in financial markets an advantage;
  • Experience with fixed income investments;
  • Experience with Python and R programming languages
  • Prior experience in statistical modelling and credit risk modelling techniques; and

Job Types: Full-time, Permanent

Salary: R13,000.00 - R16,000.00 per month