What are the responsibilities and job description for the US Leveraged Loans Research Analyst position at BNP Paribas?
BNP Paribas Asset Management (BNPP AM) is the asset management division of BNP Paribas Group. As of July 1, 2025, AXA Investment Managers’ (AXA IM) activities have been fully integrated into BNPP AM, creating a unified and strengthened global platform.
BNPP AM is a leading global asset manager, leveraging the Group’s scale, stability, and expertise. We serve a diverse client base, including institutional investors, corporations, distribution partners, and retail clients worldwide. Our investment capabilities cover a broad range of asset classes, from traditional strategies like equities, fixed income, and multi-assets to alternatives such as real estate, infrastructure, private debt, and private equity. This allows us to tailor solutions to meet client objectives.
With AXA IM’s integration, BNPP AM now ranks among Europe’s top asset managers, managing approximately €1.6 trillion in assets, with a focus on long-term savings and alternative strategies.
Sustainability is central to our approach. We prioritize ESG and responsible investing to deliver sustainable, long-term performance while supporting environmental, social, and economic transitions. Adopting a pragmatic, long-term perspective, we aim to generate durable value for clients, employees, and the economy, backed by strong risk management and responsible finance principles
All figures are sourced from publicly available data as of September 2025
The Loans research analysts, in collaboration with the Portfolio Managers, contribute to building sound leveraged loan portfolios by sourcing attractive relative value opportunities in the primary and secondary markets and actively monitoring the performance of each investment
Your daily responsibilities:
BNPP AM is a leading global asset manager, leveraging the Group’s scale, stability, and expertise. We serve a diverse client base, including institutional investors, corporations, distribution partners, and retail clients worldwide. Our investment capabilities cover a broad range of asset classes, from traditional strategies like equities, fixed income, and multi-assets to alternatives such as real estate, infrastructure, private debt, and private equity. This allows us to tailor solutions to meet client objectives.
With AXA IM’s integration, BNPP AM now ranks among Europe’s top asset managers, managing approximately €1.6 trillion in assets, with a focus on long-term savings and alternative strategies.
Sustainability is central to our approach. We prioritize ESG and responsible investing to deliver sustainable, long-term performance while supporting environmental, social, and economic transitions. Adopting a pragmatic, long-term perspective, we aim to generate durable value for clients, employees, and the economy, backed by strong risk management and responsible finance principles
All figures are sourced from publicly available data as of September 2025
The Loans research analysts, in collaboration with the Portfolio Managers, contribute to building sound leveraged loan portfolios by sourcing attractive relative value opportunities in the primary and secondary markets and actively monitoring the performance of each investment
Your daily responsibilities:
- Cover approximately 40-50 broadly syndicated leveraged loan credits across multiple sectors
- Perform due diligence, prepare full single-name credit write-ups including cash-flow projections, and present recommendations to the Credit Committee
- Monitor assets in portfolio (ad hoc and quarterly reviews, amendments/waivers, recovery analysis) and in the investable universe
- Present sector views on an ad hoc and semi-annual basis
- Identify relative value trade opportunities along with Portfolio Managers
- Maintain network of relationships with analysts at other asset managers, arranger banks, advisors, and PE sponsors to exchange information and enhance AXA’s presence and franchise
- Participate in marketing efforts (presentation to investors)
- Collaborate with other internal teams
- Education/Qualifications: Bachelor’s Degree
- Experience: 8 years of Leveraged Loan Credit Analysis prior experience. Auto, Housing / Building Materials, Aerospace & Defense sectors knowledge preferred
- Ability to perform in-depth, qualitative and quantitative credit due diligence
- Understanding of legal loan documentation terms
- Experience in work-out/restructuring situations
- Knowledge of structured credit vehicles as well as total return strategies and familiarity with the different associated portfolio management styles
- Knowledge of the bank loan markets and players, ideally acquired within a previous loan credit analyst position at sell-side / buy-side institutions or rating agencies