High Yield Credit Analyst – Director

Mesirow Financial; Greater London; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading financial services firm in London is seeking an experienced High Yield Credit Analyst at the Director level. The successful candidate will play a crucial role in shaping credit views and supporting trading across European and U.S. high yield corporates. This position requires strong analytical skills and market knowledge, with a proven track record in actionable investment insights. Candidates should have extensive experience in high yield credit analysis and expertise in financial modeling and valuation. This role offers a dynamic work environment focused on delivering results.

Qualifications

• Extensive prior experience in high yield credit analysis or investment research.
• Proven ability to generate actionable investment ideas and strong credit calls.
• Strong commercial mindset in a trading-driven environment.

Responsibilities

• Lead fundamental credit analysis of high yield issuers.
• Develop and present investment recommendations to trading teams.
• Produce clear credit reports and concise summaries for decision-making.

Skills

High yield credit analysis

Financial modeling

Valuation expertise

Excellent communication skills

Proficiency in Bloomberg

Tools

Bloomberg

Excel

Job description

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices across the country, Mesirow serves clients through capabilities spanning Private Capital & Currency, Capital Markets and Investment Banking, and Advisory Services.

We are seeking an experienced High Yield Credit Analyst (Director level) to join our London-based credit trading platform. The successful candidate will play a leadership role in shaping credit views, identifying opportunities, and supporting trading and sales across European and U.S. high yield corporates. The position requires strong analytical skills, market knowledge, and the ability to deliver clear, actionable insights in a fast-paced environment.

Key Responsibilities

• Lead fundamental credit analysis of high yield issuers, including financial statement review, capital structure assessment, and covenant analysis.
• Develop and present investment recommendations to traders, sales, and clients, supported by robust valuation and credit models.
• Monitor credits for upcoming catalysts, new issues, and secondary trading opportunities, highlighting risks and relative value.
• Partner with sales and trading to generate trade ideas, manage risk, and educate clients on credit stories.
• Maintain regular dialogue with management teams, investor relations, rating agencies, and market participants to stay ahead of developments.
• Produce and maintain clear credit reports, models, and concise one-page summaries to inform internal and client decision-making.

Requirements

• Extensive prior experience in high yield credit analysis, leveraged finance, or investment research (sell-side or buy-side).
• Strong financial modeling, valuation, and credit structuring expertise.
• Proven ability to generate actionable investment ideas with a track record of strong credit calls.
• Excellent written and verbal communication skills, with the confidence to interact directly with senior management and institutional clients.
• Strong commercial mindset and ability to thrive in a trading-driven environment.
• Proficiency in Bloomberg, Excel, and other financial tools.