About this role

BlackRock's European Investment Grade Credit Research Team seeks a junior credit analyst based in London to support the senior analyst covering the European Utilities sector. Depending on the candidate's skills and capabilities, we would envision over the medium-term to long-term an individual in this role to eventually take on primary analyst responsibilities for a portion of our large European Utilities coverage universe.

Key Responsibilities will include:

• Assisting the senior analyst in conducting in-depth fundamental credit research and analysis on European investment-grade companies.
• Supporting the preparation of financial models to assess company performance, capital structure, and creditworthiness.
• Monitoring market developments, industry trends, and regulatory changes impacting the Utilities sector.
• Assisting in the preparation of credit reports, presentations, and investment recommendations for senior analysts and portfolio managers.
• Gathering and analyzing financial statements, bond issuance data, and other relevant information for use in credit assessments.
• Engaging with internal stakeholders to support the decision-making process, including portfolio managers and risk management teams.
• Assisting in tracking new bond issuances and secondary market trading activity within the Utilities sector.
• Maintaining databases and tracking relevant credit and market data for utility companies and sector trends.
• Learning to engage with industry experts, management teams, and external research providers to support credit analysis.
• Ensuring all work adheres to compliance and regulatory guidelines.

• At least 1-2 years of experience.
• Basic understanding of financial statements, credit metrics, and bond markets, preferably with exposure to investment-grade companies.
• Knowledge of the Utilities sector is advantageous but not essential.
• A strong academic background (Bachelor's degree required; Master's degree or CFA progression is a plus).
• Proficiency in Excel and financial modeling; familiarity with data platforms like Bloomberg is beneficial.
• Strong quantitative and analytical skills, with the ability to interpret financial data and market trends.
• Good written and verbal communication skills, with the ability to present findings clearly to team members.
• A demonstrated interest in developing expertise in credit research and the Utilities sector.
• Willingness to learn and adapt to new tools, market conditions, and regulatory frameworks.
• Ability to work in a fast-paced, deadline-driven environment with strong organizational skills.
• Proficiency in English is mandatory. Proficiency in an additional language is advantageous.

• Strong interest in a career credit research analyst pathway.
• Analytical mindset: Strong capacity for processing and interpreting financial data and market information.
• Attention to detail: Precision in gathering and analyzing financial statements, industry data, and credit reports.
• Curiosity and eagerness to learn: Desire to develop deep knowledge of the Utilities sector and credit research methodologies.
• Numerical skills: Strong foundation in financial mathematics, accounting, and data analysis.
• Time management: Ability to prioritize tasks and meet deadlines while managing multiple responsibilities.
• Communication skills: Effective written and verbal skills to present findings clearly and concisely to senior analysts and team members.
• Collaboration: Willingness to work closely with senior analysts and contribute to team efforts.
• Initiative: Proactive in gathering relevant information and staying informed about market and industry trends.
• Adaptability: Comfortable working in a dynamic, fast-paced environment with evolving market conditions.
• Integrity: Strong ethical standards, with a commitment to compliance and accuracy in all work.