Managing Director , Credit Research NGC

Job Summary

We are a leading investment management firm specializing in below-investment-grade credit markets in the United States. Our strategies focus on leveraged loans and high-yield bonds, managed in CLO (Collateralized Loan Obligation) and other fund formats, delivering superior risk-adjusted returns through rigorous credit analysis and disciplined portfolio construction.

The Managing Director (MD), Credit Research will lead the firm’s credit research function while maintaining hands-on involvement in the investment process. This is a player/coach role, requiring the candidate to manage a team of analysts while also covering a personal book of credits. The MD will ensure quality control of the research process, uphold analytical standards, and contribute directly to portfolio performance.

Principal Duties and Responsibilities

• Build, mentor, and manage a high-performing team of credit analysts.
• Foster a culture of collaboration, accountability, and continuous improvement.
• Maintain direct coverage of a personal portfolio of leveraged loan and high-yield bond issuers.
• Conduct in-depth fundamental credit analysis, financial modeling, and covenant review.
• Provide timely recommendations and risk assessments for investment decisions.
• Ensure consistency, accuracy, and rigor across all research outputs.
• Implement and enforce best practices for credit analysis and documentation.
• Maintain robust internal risk frameworks.
• Partner with portfolio managers to identify attractive investment opportunities and manage risk.
• Contribute to portfolio construction decisions through rigorous credit recommendations.
• Leverage familiarity with CLO structures and constraints to optimize investment decisions. 
• Present research findings and recommendations to the investment committee.
• Communicate effectively with internal stakeholders and external clients regarding credit views and market outlook.
• Perform other duties as assigned

Knowledge, Skills and Abilities

• 10 years of experience in credit research, with a focus on leveraged loans and high-yield bonds.
• Deep understanding of below-investment-grade credit markets, including capital structures and covenant analysis.
• Proven leadership experience managing research teams while maintaining personal coverage responsibilities.
• Strong financial modeling and analytical skills.
• Familiarity with CLO structures and portfolio management considerations highly desirable.
• Excellent communication and presentation abilities.
• CFA designation or MBA preferred.

Compensation

Nassau maintains a holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities. The combination of compensation, benefits, and an entrepreneurial culture along with related experiences is key to recruiting and retaining talent.  Our compensation system is designed to reward performance, support development and job growth, and compensate individuals relative to their contribution to our organization. The base salary for this position falls within Nassau’s base salary range of $225,000-$300,000 depending upon experience.

Visit our Careers page and apply online at http://www.nfg.com/.

Based in Hartford, Connecticut, Nassau Financial Group is a growth focused and digitally enabled financial services company with a fully integrated platform across insurance and asset management. Nassau was founded in 2015 and has grown to $1.6 billion in total adjusted capital, $25.6 billion in assets under management, and 361,000 policies and contracts as of September 30, 2025.

As part of a young and growing financial services enterprise, our employees are tapping into a new entrepreneurial spirit while they build on a long track record of putting customers first, understanding the evolving income and protection needs, and developing quality products to meet those needs.

Nassau provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. 

Salary : $225,000 - $300,000