Analyst Listed Debt

    AXA IM Published: June 23, 2021
    Location
    Puteaux, France
    Job Type

    Description

    The Analyst works closely with the Listed Real Estate & Infrastructure Debt team and the Portfolio Controllers, participating to the management of the various funds/mandates

    Key Accountabilities

    What ?

    • Analysis of credit risk of issuers: 125 issuers followed within a preselected 700-issuer universe
    • Provide relevant sector analysis to support FM decisions throughout 17 sub-sectors
    • Identify relative value into both Infra & Real estate markets throughout 15 countries worldwide
    • Portfolio Management & Monitoring (performance analysis, cash, guidelines, hedging strategies)
    • High volume of bonds/derivatives (> 1,000 trades over Q4 20, €9bn transactions since 2011)

    How ? (below a focus on the main task: credit analysis)

    • Meticulous analysis of the annual reports of property & infrastructure companies
    • Comparing with the main peers within the relevant sub-sector
    • Cross-analysis of existing research notes to identify points of divergence & justify them
    • Take a step back, depending on the key risks identified, to focus on capital structure, strategy, sources of income, sector/regulatory specificities governing them (type of contracts, pricing/indexation, regulatory model), performance (key operational ratios, growth), financial health, specific features of the underlying assets of the sector concerned, development issues, risks to be monitored in the medium term
    • Distinguish the "financial communication" provided by companies from a "financial analysis" in order to develop critical thinking and highlight the major risks and issues related to these companies
    • Justify all information by using facts, precise sources, justified elements, cross-referenced analyses
    • Write structured docs with effective drafting that is directly usable for investment purposes
    • Present the work in an audible, convincing way in order to maintain the attention of the audience
    • Make the difference between written analysis & its presentation: requiring different skills each

    3) Why ?

    • to bring value-added ideas to support daily investment decision
    • to provide strong performance for the clients

     

    Role Requirements

    Education/Qualifications

    • Engineer or business school degree with specialization in finance / Real Estate

    Experience

    • Previous experience in real estate or investment banking (ideally with formal real estate qualifications)
    • Knowledge and Skills
    • Advanced mastery of Excel modelling (cash flow & performance analysis, asset valuation)
    • Knowledge of Bloomberg & law is a plus
    • Proven skills in financial analysis and valuation
    • Strong interest in the real-estate/infrastructure financing
    • Experience in, or at least have a solid understanding of, real estate sectors at least across Europe
    • Fluency in French & English

    Competencies

    • Team spirit, flexibility and the ability to work under pressure
    • Motivation to learn and progress in a fast-growing environment (“start-up spirit”)
    • Thoughtfulness and ability to synthesize
    • Strong analytical skills
    • Solid presentation skills
    • Rigorous and self-motivated

    APPLY HERE

    Apply
    Drop files here browse files ...

    Related Jobs

    Junior Developer   Paris, France
    July 19, 2021
    July 19, 2021
    July 15, 2021
    SHARE
    Previous articleRemote Fullstack Developer
    Next articleFrontend Developer