The turmoil in the credit markets have left a lot of people with credit experience and skills wondering about their future. DealBreaker is here for you! For our job of the week we’re pleased to announce that a premier U.S. investment bank is seeking an experienced high yield analyst to join their team. Ideal candidate will have 2-4 years of experience in credit research. Sector experience is not important, strong credit skills a must. Must have a strong understanding of covenants and indentures, expertise in looking at financial statements.
There are dozens of new jobs each week in the DealBreaker Career Center. If your worried about your bonus or layoffs, it’s probably time you took a look-see.

Pretty much everyone needs more credit analysts these days. New York Life Investment Management LLC, one of the largest managers of high yield and leveraged loans in the United States, wants to add a Credit Analyst to its Leveraged Loan team. Get on it!

Every week we spend a few hours searching through the many, many positions advertised in our career center to find one special ‘help wanted’ ad that we think you deserve to know about. This week’s winner comes from a major US based credit hedge fund with 9 billion under management. The fund needs an analyst and an associate to cover high yield and high grade Investments. So if your fixed-income position at the bank seems a bit broken these days, this might be just the thing for you.
But you don’t have to take our word for it. There are scores of jobs in the career center. Make something happen.
Credit Hedge Fund 9 Billion [Career Center]

The financial sector added no jobs in August and new job cuts may be on the way. What better time to find yourself a new gig? Fire your boss before he fires you. We’re here for you, our friends. That’s why we started the DealBreaker career center and why we bring a new set of jobs to your attention every week.
• Equities Traders or those of you who aspire in that direction will want to look at this job from Ellington Management Group, a relative value shop which has hedge fund assets of around $5 billion. They’re looking for some new blood to fill our their newly formed long / short equity investing operation. Two to three years experience and a college degree gets you in the door. This is that hedge fund trader job you’ve always said you wanted. What are you waiting for?
• Worried about outsourcing? Outsource yourself by taking this position with the Susquehanna International Group, which is setting up an investment banking shop in India. It’ll help if you’re a native Hindi or Bengali speaker, of course. Why not spend some time back in the homeland?
• Blackrock is looking for a quant. Facility with numbers and programming plus a grad degree—PhD or MBA—should get you the interview. You might be able to help Blackrock avoid the next quant bloodbath. The big drawback: you’ll have to figure out how to spend all the money you’ll earn. Life is tough.
• You know who is still hiring? That’s right, Bear Stearns. Forget that Bess mysteriously titled her post about Goldman Sachs new hires “Fire James Cayne.” The Bear is not going into hibernation. It needs a sales assistant up in Boston. Might be a good fit for those of you looking to get a foot in the door.
• This one isn’t exactly surprising: an unnamed firm is looking for someone to run their credit ratings operations. That business has been a mess lately and obviously their looking for someone to straighten things out. They won’t give their name but they say they are “the world’s foremost provider of financial market intelligence” so it’s one of the biggies. (Here’s a hint: that’s the motto of Standard & Poor’s.)
There’s a lot more where these came from.

For our job of the week we’ve decided to stick with one of the themes that permeated the entire week: hedge fund client relations. A top financial services hedge fund is looking for a client relations associate. The skill set doesn’t say that you must have memorized every synonym for “losses” or know how to say politely that the model isn’t the problem, the twenty-eight sigma market volatility is. But, you know, it might not be a bad idea to study up on this stuff.
There’s a lot more in the DealBreaker Career Center.

Did your hedge fund recently go under? DealBreaker is here for you–
– Electronic Trading Modeler, PhD “Quant,” NY; competitive comp; the work will involve mining intra day data on prices, volatility and liquidity to model and predict short-term market behavior/opportunities; dancing girls.
– Relationship Management Support/Corporate Coverage for BNP Paribas, NY; insanely high comp; financial/quantitative analysis, pitch presentation, acting as backup for the RM with clients; dancing girls.
– CDO Structurers, NY; $200-900K comp; bring your quantitative structuring skills and get ready to thrive; dancing girls.
And SO MUCH MORE, in the: DB Career Center– Because you’re about to be unemployed.

“The bank for a changing world,” is looking for a cosmopolitan Junior Sector Specialist for its New York office. Put your BA to work and build recondite financial models, write abstruse credit summaries and earn a competitive salary. BNP Paribas is the largest bank in the Eurozone, owns Bank of the West and is moving quickly into North America and China.
Here are some proverbs to guide your way: get in at the ground floor of North American operations, get while the North American gettins’ good, strike while the North American iron’s hot, make hay while the North American sun shines.
For other unpassupable positions, visit the Dealbreaker Career Center.