Credit Analyst

Water Island Capital, LLC
New York, NY

Job Summary

We are seeking a highly motivated individual with 2-3 years of corporate credit experience. Ideal candidates will possess experience with an emphasis on high yield, loans and convertibles. He/she will also work closely with other parts of the firm’s Investment Team, including Merger Arbitrage and ETF

  • Ideal Candidate must possess the following:

o Excellent financial analysis and modeling skills

o Experience analyzing bond covenants

o Familiarity with high yield and/or convertible trading

o Strong attention to detail

o Excellent communication skills

o Team-oriented attitude

Compensation is commensurate with experience:

o Base Salary range $110,000.00- $150,000.00

o Discretionary-Bonus eligible

o Full benefits

Experience

Ideal Candidate will have 2-3 years experience with catalyst-driven investment ideas, including:

o M&A

o Asset Sales

o Refinancings and de-levering plays

o Litigation

o Other Credit Special-Situations

This is an ideal hybrid opportunity for a credit analyst who is looking for an opportunity to help grow an event-driven credit business while significantly contributing to the firm’s existing businesses.

Please send your current resume to: [email protected]

Job Type: Full-time

Pay: $110,000.00 - $150,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Parental leave
  • Professional development assistance
  • Vision insurance

Work Location: Hybrid remote in New York, NY 10011

Posted 2026-01-09

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