Credit Analyst - Pioneer Investments

Pioneer Investments is a diversified asset management firm and a key franchise of Victory Capital Management (VCTR). Founded in 1928, Pioneer currently manages over $125 billion in assets across a wide range of strategies. We are seeking a Credit Research Analyst to join our Corporate Credit Research team.

About Victory Capital:

Victory Capital (NASDAQ: VCTR) is a diversified global asset management firm. We serve institutional, intermediary, and individual clients through our Investment Franchises and Solutions Platform, which manage specialized investment strategies across traditional and alternative asset classes. Our differentiated approach combines the power of investment autonomy with the support of a robust, fully integrated operational and distribution platform. Clients have access to focused, top-tier investment talent equipped with comprehensive resources designed to deliver competitive long-term performance.

Victory Capital is headquartered in San Antonio, Texas. To learn more, visit www.vcm.com or follow us on Facebook, Twitter (X), and LinkedIn.

General Summary and Purpose:

The Credit Research Analyst will contribute to the success of the fixed income team by providing fundamental investment research and analysis on individual corporate bond and leveraged loan issuers. The Credit Research Analyst will be responsible for covering one or more industry sectors across the Investment Grade, High Yield and Leveraged Loan asset classes. The analyst will work closely with other research analysts, sector teams, portfolio managers and traders to lead the development of sector and asset class investment views and opportunities

You Will:

• Contribute to the success of the fixed income team by efficiently providing fundamental investment research and analysis on individual corporate bond and leveraged loan issuers.
• Recommend investment ideas within a relative and absolute value framework, factoring in expected risk-adjusted returns within capital structures and between companies in the same industry.
• Execute on the three pillars of credit research: Buy discipline, Surveillance, Sell discipline.
• Write credit summaries based on research with buy/sell/hold recommendations, build and maintain company financial models to support investment theses.
• Analyze financial results and perform valuation analysis.
• Interact with credit rating agencies, external research analysts, and other independent sources to obtain external views on individual industries and issuers.
• Self-starter with a strong sense of curiosity
• Strong analytical skills, with the ability to examine financial statements, macro factors and security/bond covenants and indentures
• Ability to quickly assess financial data and generate investment recommendations
• Skilled at synthesizing information from a wide range of sources and effectively conveying ideas to the broader fixed income team
• Strong communication skills—clear, concise and credible— to present our research process to clients and consultants
• Effective financial modeling, writing and presentation skills
• Ability to work in a highly collaborative environment
• Willingness to conduct travel as part of the investment research process

You Have:

• 3-8 years of credit experience obtained in investment management or banking
• Bachelor’s degree
• CFA designation and/or MBA preferred
• Strong proficiency with Excel and Bloomberg

Our Benefits:

Victory Capital Management offers excellent Medical, Dental, Vision plans, Flexible PTO, Family Medical and Disability Leaves, Education Tuition Reimbursement and a 401k plan with a generous employer match.

Target Compensation:

The target base salary range for this position is $125,000 - $150,000 .
Salaries are determined based on internal equity, internal salary ranges, market data/ranges, applicant’s skills and prior relevant experience, certain degrees, and certifications.
Victory Capital Management operates a pay-for-performance compensation philosophy and total compensation may vary based on role, location, department and individual performance.

Victory Capital Management’s total compensation package includes the opportunity for annual compensation bonuses and/or commissions and a generous benefits package.
We are committed to equal employment opportunity without regard to actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, pregnancy-related conditions, and lactation), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, height, weight, hair texture or a hairstyle historically associated with race to include braids, locks, or twists; or any other characteristic protected by applicable federal, state, or local laws and ordinances.