Working at PPM America, Inc.

PPM America, Inc. (PPM) is a client-focused investment manager, and our mission is to deliver client-specific solutions and world class service to investors in the pursuit of their unique investment objectives. PPM prides itself on being a nimble, investment-led organization that is responsive to the opportunities that our teams discover together. Click here for a description of our assets under management and our investment strategies.

PPM was named one of the Best Places to Work in Money Management by Pensions & Investments in 2024. We attract professionals who exhibit humbleness, directness, and dedication. Our communication style is informal, and we encourage collaboration by giving our teams the freedom to speak openly and share new ideas. PPM’s values guide our internal conduct and help define the type of relationships we share with our investors, affiliates, and other valued partners. Above all, PPM is passionate about giving back to our clients, to each other, and to our community. We understand that community and purpose are just as important as the job description when finding your next career, and at PPM you would join a community of employees with a long track record of dedicating their time and support to local nonprofits with the effort of strengthening local families and increasing economic opportunities.

At PPM, we believe that diversity and inclusion are integral to the success of our growth and longevity. PPM is committed to a culture of respect and believe that inclusion is the key to this culture, enabling our ability to innovate, execute, and grow for the benefit of our associates, clients, shareholders, and the communities where we live.

Summary Of Role

The candidate will join a seasoned investment team, work closely with portfolio managers and traders and report to the Head of Fixed Income Research. The individual will conduct fundamental research and comprehensive credit analysis in support of existing positions and to identify investment ideas to enhance total return performance across a range of portfolios. The focus is on investment grade and high yield corporate bonds and includes leveraged loans.

Role Responsibilities

• Quantitative and qualitative credit analysis of the holdings in PPM’s portfolios and research of new

investment ideas

• Preparation of written reports for new investments and ongoing monitoring of investments; Verbal

presentations to senior management and other professional staff at PPM America

• Update buy/sell/hold investment recommendations incorporating real-time events and pricing changes
• Maintain in-depth industry knowledge by attending conferences and sustaining relationships with buy-side and sell-side analysts, rating agency analysts and industry management teams

Required Skills & Experience

• Ability to analyze companies and industries by reviewing a high volume of information – e.g., financial statements, company presentations and third-party research reports – with the judgment to identify the most relevant areas for further investigation;
• Ability to quickly build accurate Excel financial models;
• Strong written and verbal presentation skills with an appreciation of the value of succinct, clear writing;
• Track record of professional and academic achievement with intellectual curiosity and a passion for financial and industry analysis;
• Previous work conducting original research and communicating the results in writing is required
• Excellent financial statement analysis, excel modeling and Bloomberg skills.
• Familiarity with the SNL software package is a plus.
• Strong written and verbal communication skills along with a record of professional and academic achievement are required.
• Bachelor’s Degree, preferably in Finance, Accounting and/or Economics, required.
• 8+ years credit experience required.

Desired Skills & Experience

PPM is a team-oriented environment that provides hands-on support and incentives for your professional growth. The below skills and experience are helpful for this role, but a pro-active learner who meets the role requirements will be able to gain the necessary skills on the job with the support of our team.

• Charter Financial Analyst (CFA) credential, or pursuing CFA, preferred.
• Master of Business Administration (MBA), or pursing MBA, preferred.

Benefits

At PPM, we offer volunteer opportunities to get involved with a diverse network of peers and support the causes that are important to you. Your passion and talents can make a lasting impact on our organization and our community. Additionally, our employees go the extra mile every day and the benefits of working at PPM reflect our commitment to supporting and enhancing their personal and professional lives. The plans and programs listed below are offered in collaboration with our parent company.

• Competitive salary and bonus
• Medical, dental and vision coverage
• 401k retirement plan with dollar-for-dollar matching contributions (up to 6% of salary)
• Tuition and professional certification reimbursement
• Paid parental leave
• Adoption assistance
• Holidays and paid time off
• Paid time off to volunteer
• Life insurance
• Gift matching

Equal Employment Opportunity PPM America, Inc. is an equal opportunity employer and we base our employment decisions without unlawful regard or consideration of an individual’s race, color, religion, national origin, sex, gender, sexual orientation, ancestry, citizenship, age, marital status, veteran status, medical condition, non-job related disability, pregnancy or any other basis protected by federal, state, or local law.

Base Pay

$130,000.00 – $175,000.00. The base salary for this position may vary depending on experience, job-related knowledge, skills, and abilities. In addition to the base salary, this role will be eligible to participate in our annual bonus program and may be eligible to participate in our long-term incentives program. This role will also be eligible for compensated personal time off and holidays, health benefits, 401(k) plan with generous matching and profit sharing contributions, and other benefit programs according to the Company’s employment policies and subject to the formal terms of such plans and programs.