Investment Research Analyst – Credit Analysis

Job Description

Investment Research Analyst | Great American Insurance Group

The Tone:
This is a full-time role at Great American Insurance Group, located in Cincinnati, OH. Working for a leader in the insurance industry, Great American is a subsidiary of American Financial Group, a large specialty property and casualty insurer. This role contributes significantly to American Money Management Corporation (AMMC), the investment subsidiary managing over $20 billion in assets, by providing critical investment research. The company fosters a “small company” culture where ideas are heard, combined with “big company” expertise, and values diverse backgrounds and experiences to achieve business results. The goal is to create an inclusive environment where all employees feel empowered to perform at their best.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, Cincinnati, OH

• Team: Part of a 20+ professional team within American Money Management Corporation (AMMC)
• Mission: This person will be an important contributor to the team’s investment decision-making process by analyzing companies across various industries that issue secured debt.
• Tech Stack: Excel, Bloomberg

What You’ll Actually Do
• Investment Analysis: Conduct independent deep-dive fundamental investment and credit analysis, primarily on leveraged loans and other investments.
• Market Monitoring: Monitor and assess macroeconomic trends, interest rate movements, and sector-specific developments to inform investment strategy.
• Financial Modeling: Build and maintain historical financial summaries and financial models to evaluate potential investment opportunities, including base and downside stress-test scenarios.
• Credit Evaluation: Analyze capital structures and credit agreements, assessing covenant compliance and restricted payments.
• Investment Recommendations: Provide write-ups and recommendations to the investment committee, collaborating with portfolio managers and traders.

The Must-Haves
• Background: Bachelor’s degree in Business, Finance, Economics, or a related field; a professional focused on credit research, leveraged finance, or corporate banking.
• Experience: Generally, 3+ years of experience in credit research, leveraged finance, or corporate banking; completion of a formal bank credit training program is highly desirable.
• Skills: Proficiency in Excel; strong technical, written, and communication skills, with the ability to explain complex concepts clearly; highly organized, detail-oriented, and capable of managing multiple projects simultaneously.
• Bonus: Completion of or continuing progress toward a professional Chartered Financial Analyst (CFA) designation; experience in Bloomberg.