Newton, Credit Analyst - Metals, Mining & Energy

BNY Mellon
London, United Kingdom
18 Oct 2022
05 Nov 2022
Job Function
Credit Analysis
Industry Sector
Finance - General
Employment Type
Full Time
Newton Investment Management is one of BNY Mellon Investment Management's specialists, and they are a London-based global investment house with expertise in a range of disciplines, including global, regional and emerging-market equities, multi-asset strategies, absolute return investing and global bonds. A global, thematic approach to investment helps them achieve long-term perspective on global financial markets and economies, and identify areas of long-term risk and opportunity. Their belief is that responsible investment is better investment for clients and they consider ESG (environmental, social and governance) issues in relation to every company in which they invest. Newton is part of BNY Mellon Investment Management, one of the world's largest investment managers.
Newton has a 12-member fixed income team, led by Paul Brain, who are collectively responsible for all of Newton's fixed income strategies and the fixed income component of our multi-asset portfolios. In total Newton manage over £11bn of fixed income assets across both standalone fixed income strategies and within multi-asset portfolios.
The fixed income team covers four broad market areas: government, emerging-market sovereigns, credit (high-yield) and credit (investment grade) and manages both benchmark-aware and absolute return fixed income strategies. The credit analysts work in close collaboration with the portfolio managers. They have their own respective sector specialisation, and they are expected to carry out original research into company fundamentals and business prospects in the context of Newton's thematic framework.
This opportunity is for a talented Credit Analyst to join our team to work on both high yield and investment grade corporate credit analysis of companies primarily in the energy and metals and mining sectors with a significant focus on ESG.
  • To maintain a thorough knowledge of the processes, products, trends and developments within the credit markets.
  • To perform credit analysis using financial and non-financial information.
  • Understanding and integrating ESG considerations into investment analysis as well as engaging with companies on financially material ESG issues
  • To monitor both IG and high yield/distressed credits in all fixed income portfolios and models.
  • To develop a clear view on the competitive position of both companies and products and the capabilities of management.
  • To have a clear understanding of the strategic position of the industry within the global economy.
  • To support investment ideas with timely and well written research and be responsive to research prioritisations.
  • To manage meetings with companies to ensure the meeting is well managed, has an appropriate audience and a well led argument.
  • To undertake research which is creative and imaginative and not merely maintenance.
  • To develop a thorough understanding of Newton's products relevant to area of responsibility.
  • To maintain a good understanding of the asset management industry, market trends, issues and techniques.
  • To share investment ideas with colleagues and contribute effectively to the investment debate.
  • To display a positive approach to Compliance matters and to strictly adhere to Newton's Compliance Manual.
  • To work effectively with the Research team and to communicate investment ideas verbally and/or in writing.
  • To liaise with sales and marketing as required.
Required Skills & Experience
  • A strong academic record (first or upper-second class degree)
  • Experience in analysing issuers in either the Energy or Metals/Mining sector
  • Experience in analysing the CDS market will be preferable but not an essential requirement
  • CFA Level 1 underway or equivalent (e.g. Accountancy)
  • Previous experience in Credit Analysis
  • Team player with exceptional communication skills (written and interpersonal)
Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark:
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