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Lead Director, Credit Research Group

At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

Job Purpose and Summary

The overall mission of Investment Management is to actively manage Investment Portfolios (Health, Group Insurance and Large Case Pensions) in a manner that is prudent and consistent with preserving the Company's capital while maximizing investment income and total return relative to internal benchmarks within appropriate business, legal economic, capital markets and regulatory constraints.

Position Summary: Lead Director will be responsible for independently conducting comprehensive credit analysis and providing timely buy/sell/hold recommendations of corporate credits, primarily in Technology, Media, and Telecommunications sectors. Will be responsible for preparing timely, written analyses on individual credits, sectors, or events. Monitor global macro-economic conditions, broad sector performance expectations, yield curve expectations, internal/external business conditions, and market technicals. Provide in-depth knowledge, serve as internal sector expert, and maintain on-going dialogue with Investment Grade and High Yield portfolio managers on investment strategy in a collaborative team environment. May be responsible for mentoring, coaching, and assessing the performance of junior members of the analyst team.

Primary Job Duties & Responsibilities:

  • Independently conduct highly comprehensive credit research including corporate credit analysis, industry, structure, workout, and country analysis.
  • Conduct thorough analysis of corporate financial statements and assess relative value of security and company investment opportunities.
  • Provide timely buy/sell/hold recommendations to Portfolio Managers, taking into account total exposure, maturity, and relative value considerations.
  • Provide in-depth knowledge, serve as internal sector expert, and maintain on-going dialogue with Portfolio Managers on investment strategy in a collaborative team environment.
  • Evaluate and interpret current or potential bond holdings relative to a portfolio strategy and recommend appropriate actions based on portfolio requirements.
  • Evaluate corporate fundamentals and industry trends, key operating metrics, business quality, and competitive position incorporating ESG fundamental factors in the overall analysis.
  • Attend industry and company conferences, interacting when appropriate with corporate borrower management teams as part of ongoing due diligence process.
  • Prepare timely, written analyses on individual credits, sectors, or events.
  • Concisely presents facts, analyses, conclusions, and recommendations.
  • Mentor, coach and assess the performance of junior members of the analyst team as appropriate.
  • Maintain extensive relationships with contacts at rating agencies, Wall Street firms, and other outside sources to obtain external views on individual credits or industries.

Education

  • Bachelor's Degree required; Master's degree or CFA preferred

Prior Relevant Work Experience

  • 10 or more years of investments experience

Preferred Qualifications and Functions

  • Direct Experience in Technology, Media, and Telecommunications sectors
  • Strong analytical and financial modeling skills
  • Solid communication skills
  • Undergraduate Studies in Finance, Investments, Accounting, Economics, or Mathematics

Pay Range

The typical pay range for this role is:

$144,200.00 - $288,400.00


This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.  This position also includes an award target in the company’s equity award program. 
 

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

  • Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.

  • No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.

  • Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

We anticipate the application window for this opening will close on: 05/26/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

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Average salary estimate

$216300 / YEARLY (est.)
min
max
$144200K
$288400K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

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We help people with their health wherever and whenever they need us. And we do it with heart. Because our passion is our purpose: Bringing our heart to every moment of your health™.

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Full-time, on-site
DATE POSTED
April 17, 2025

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