Eric Ruff Email & Phone Number

Portland, ME, US

New York, New York, United States

• Credit Desk Analyst on the IG trading desk, covering Healthcare, TMT, and Consumer/Retail sectors.General coverage of over 100 credits – more in-depth coverage on about 40 credits.Work closely with traders on.
• Created extensive relative value spreadsheets and library of credit reviews
• Sending daily talking points to sales staff on our key axes
• Occasional meetings with clients to go over credit ideas
• Working with Bankers over-the-wall on new issues and doing teach-ins for sales.

New York, NY

• Led corporate credit analysis, covering High Yield and Investment Grade issuers in the technology, telecom, industrial, oil/gas, and auto sectors. Published detailed credit reports onto corporate website.
• Detailed cash flow modeling, company valuations, industry level and comparable analyses, and covenant evaluation for companies under coverage as well as new issuance. Published detailed reports for all research.
• Transformed wealth management’s credit research function from basic reports into a formal credit research framework in the first six months.
• Credits under coverage doubled wealth management’s daily high yield trading volume.
• Published a “sell” recommendation on Frontier Communications bonds (FTR) two years ago, saving clients 40-50 bond points, and reduced positions from $500 to $80 million.
• Conducted conference calls with clients and advisors and sales force teach-ins on both new credits and industry sector overviews.

Westport, CT

• Credit analyst for a $3.0bn global hedge fund, covering TMT, Industrial, Energy, and Healthcare sectors. Interact directly with portfolio managers to identify opportunistic investments, analyze new issues, and monitor.
• Detailed cash flow modeling, company valuations, industry level and comparable analyses, and covenant evaluation for companies under coverage as well as new issuance. Publish detailed reports for all research.
• Expertise in interpreting bond indenture language. Educated over 20 company treasurers on the anti-dilution provisions in convertible bonds that account for common stock dividends. Advise portfolio managers on.
• Trained, mentored, and managed a junior analyst to become an effective credit research team member. Delegated 30% of my company coverage to this analyst.
• Co-authored the firm's monthly newsletter covering economic, corporate, and convertible market developments.

Cresskill, NJ

Analyzed convertible securities for a $2.0bn convertible bond and risk arbitrage hedge fund. Worked directly with the convertible portfolio manager to identify opportunistic investments, analyze new issues, and monitor current portfolio. Managed 50 issuers in the portfolio across various industries. Recommended to sell Federal Mogul Corp. position one year.

New York, NY

Analyzed counterparty credit risk of broker-dealers and mortgage banks to support the fixed income trading desk. Established trading limits based on fundamental credit analysis. Alerted management of anticipated bankruptcy of Rodman & Renshaw one year before the firm filed.

Mba, Finance, 4.0

Bs, Finance