Job Description
Associate - Private Credit (Direct Lending), London
Overview
A leading global private credit investment platform is seeking an Associate to join its Direct Lending team in London. The firm focuses on providing bespoke financing solutions to high-quality, private equity-backed businesses across the UK and Europe. This role offers the opportunity to work within a high-performing investment team with significant capital to deploy, a collaborative culture, and a strong track record in upper-mid-market and large-cap financings.
Key Responsibilities
Investment Analysis & Execution
- Support the full lifecycle of the investment process, including origination, due diligence, structuring, financial modelling and credit analysis.
- Build and maintain detailed financial models, run sensitivities, and assess credit metrics to evaluate risk and return.
- Contribute to the preparation of investment committee materials, including credit papers, financial summaries, and risk assessments.
- Assist in coordinating third-party due diligence (commercial, financial, legal and operational) and synthesizing findings.
Portfolio Management
- Monitor existing portfolio investments, including reviewing monthly/quarterly reporting packages, updating financial models, and tracking covenant compliance.
- Prepare regular internal portfolio reviews and identify early warning signs or value-creation opportunities.
- Participate in amendment processes, refinancings, and follow-on financings where required.
Market & Deal Sourcing Support
- Conduct sector research to support sourcing and underwriting across a range of industries, with a focus on sponsor-backed transactions.
- Build and maintain relationships with private equity sponsors, advisors, and other market participants alongside senior team members.
- Contribute to the team's market intelligence by tracking deal flow, competitor activity, and broader credit trends.
Candidate Profile
Experience & Background
- 3-5 years of relevant experience in leveraged finance, private credit, direct lendin, or a related credit-focused role.
- Strong technical skills, particularly in financial modelling, credit analysis, and understanding of debt structures.
- Prior exposure to sponsored transactions is highly advantageous.
Skills & Attributes
- Exceptional analytical ability with strong attention to detail.
- Clear, concise written and verbal communication skills.
- Ability to work effectively in a lean, collaborative environment.
- Commercial mindset with a strong drive to develop as an investor.
- High level of professionalism, integrity, and work ethic.
What the Role Offers
- Exposure to complex, high-profile private credit transactions across Europe.
- A supportive environment with direct access to senior investment professionals.
- Opportunity to develop strong underwriting, structuring, and portfolio management skills.
- A long-term career path within a growing and well-respected credit platform.