Sr. Analyst, Credit Research (Hybrid)

TruStage • Madison, WI

17h • Hybrid

About The Position

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future. Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition TruStage Investment Management manages the general account of TruStage Financial Group with a focus on delivering strong investment income and net spread to support the various products it sells. As a Senior Analyst, you will independently lead research and surveillance across both public and private placement credit across the whole quality spectrum, including complex and challenging sectors, and produce strong credit recommendations that guide portfolio construction.

Requirements

• 5+ years of credit research experience in fixed income with 5+ years of private placements experience preferred.
• Expertise covering complex sectors and independently driving recommendations.
• Strong modeling, analytical, and risk‑assessment skills.
• Excellent communication skills for varied audiences.
• Proven ability to collaborate and influence across teams.
• Proficiency in Bloomberg and Microsoft Office; Power BI or programming is a plus.
• Ability to travel 10–35%.

Nice To Haves

• Graduate degree and/or CFA preferred.

Responsibilities

• Lead full‑time sector coverage, including higher‑complexity industries; perform credit research and relative‑value analysis.
• Independently structure and assess risk on complex transactions, including covenant and documentation review.
• Conduct earnings reviews and private placement reviews on a scheduled basis; deliver clear, actionable insights.
• Present sector views and recommendations to investment committees and senior leadership.
• Build and maintain strong relationships with bankers, issuers, and market sources
• Work with analysts and portfolio managers in the Structured Finance or Commercial Mortgage Loan area when sector expertise is required
• Mentor junior analysts and contribute to a collaborative, inclusive culture.
• Represent TSIM at industry conferences and maintain strong market intelligence.

Benefits

• medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed