About the Role
Davidson Kempner is seeking to hire a Research Analyst within its European CLO business in London. This role offers significant exposure to CLO portfolio management, issuer analysis, and investment decision-making within a growing and entrepreneurial platform.
Responsibilities
- Undertake fundamental credit analysis of issuers within the European Broadly Syndicated Loan (BSL) and European high yield (HY) markets, including preparation of credit memoranda and investment recommendations.
- Cover and track selected BSL/HY issuers and sectors through detailed analysis of financial reporting, capital structures, and industry developments.
- Develop investment recommendations for the Portfolio Manager within assigned sector coverage.
- Monitor industry trends, market developments, and macro themes relevant to portfolio positioning and issuer selection.
- Support the development of research templates, analytics, and best practices across the CLO platform.
- Work closely with the Portfolio Manager and broader DK credit teams on research, portfolio construction, and risk management initiatives.
- Contribute to technology, data infrastructure, and workflow optimization efforts across the platform, including the use of AI and automation tools to improve research efficiency, monitoring, and analytical processes.
- Support investor reporting and preparation of materials for roadshows and investor engagement.
Requirements
- Relevant experience within a credit-focused environment such as a CLO manager or performing credit fund, having first trained at an investment bank, accounting firm or ratings agency; typically 4–6 years.
- Strong credit underwriting and financial analysis skills, ideally with exposure to the European BSL and/or HY markets.
- Experience building and maintaining detailed financial models, including scenario and sensitivity analysis.
- Familiarity with CLO portfolio mechanics, portfolio monitoring, and analytics tools is advantageous.
- Interest in and exposure to data analytics, automation, or AI-enabled research tools to enhance investment analysis and portfolio monitoring.
- Strong written and verbal communication skills, with the ability to present analysis clearly and concisely.
- Demonstrates strong analytical reasoning, curiosity, and thoughtful problem-solving.
- Delivers organized, accurate, and high-quality work in a timely manner while managing multiple priorities effectively.
- Learns quickly and demonstrates a strong propensity to develop expertise and grow within the role.
- Exercises sound judgment and escalates issues appropriately when needed.
- Takes accountability for responsibilities, follows through on deliverables, and focuses on solutions and continuous improvement.
- Communicates effectively and collaborates well with colleagues across investment, trading, legal, operations, and risk teams.
- Shows professionalism, dependability, and a positive team-oriented attitude.
- Demonstrates openness to feedback, intellectual humility, and willingness to continuously develop.
- Curious and forward-looking, with a willingness to challenge legacy processes and improve efficiency through technology and AI-enabled solutions.
Skills
- Credit analysis
- Financial modeling
- Data analytics
- Automation tools
- AI-enabled research tools
- Communication skills
Location
- London
Work Type
- Full-time
Experience Level
- 4-6 years
About the Company
- Davidson Kempner Capital Management LP is a global investment management firm founded in 1983.
- Headquartered in New York with offices globally, the firm invests opportunistically across the capital structure in credit and equity strategies, as well as real assets.
- Davidson Kempner applies a multi-dimensional, research-driven investment process to evaluate diverse transactions.
- The firm targets complex, global situations where experience and expertise can unlock value.
- Davidson Kempner brings together exceptional people from different disciplines and backgrounds who are energized by challenges.
- The Global Credit team manages strategies across performing, structured, and distressed credit markets.
- The team is expanding its European capabilities with a dedicated European Collateralized Loan Obligation (CLO) manager.
- This initiative represents a significant growth opportunity for the Firm, complementing existing European strategies and broadening institutional investor relationships.
