Our client is a leading global private markets investment firm with a multi-decade heritage. The firm manages a substantial pool of committed capital ($90bn +) across private equity and credit strategies, with a team of several hundred professionals across offices in Europe, the US, the Middle East and Asia.
The firm’s credit business has grown over more than fifteen years into one of Europe’s leading specialist credit investors, providing flexible financing solutions across direct lending, CLO management and structured credit.
The CLO Management team, based in London, manages an established European CLO platform with a strong track record of new issuance and a multi-billion euro asset base. The strategy applies a credit-led, actively managed approach to broadly syndicated leveraged loans, with a focus on large‑cap companies in resilient sectors including technology, healthcare and business services.
This is a well‑established, growing platform, backed by the scale and stability of a leading global investment firm, offering the opportunity to work across both European and US credit markets from a single London base.
Key Responsibilities
- Underwrite investments via fundamental credit research on leveraged loan and high yield issuers for the firm’s CLO and Liquid Credit business
- Analysis should apply SWOT analysis and detailed financial modelling in Excel, with in‑depth analysis and forecasting, to support investment decisions
- Including risk analysis, market fundamentals and downside cases for new issuance; review financial, commercial and legal due diligence
- Carry out sector analysis covering competitor landscape, market environment and growth prospects
- Analyse legal documentation for weakness as part of the investment process
- The candidate will cover both existing issuers held by the funds and new issuance in the primary markets
- For their responsible portfolio the analyst should track investments, monitoring performance against key trends and flagging issues early
- Provide regular Investment Committee updates and maintain buy / sell / hold recommendations
- Consider ESG criteria for all credits in collaboration with the ESG team
- Attend lender meetings, engaging issuer management, sell‑side counterparties and issuing banks; represent the platform positively externally
- Liaise with execution trading and loan settlement teams as required
Desired Experience / Background
- Educated to degree level (Accounting or Finance preferred); CFA or Accounting Qualification desirable but not essential
- 3-7 years’ experience in credit analysis – debt fund, rating agency, bank credit risk or leveraged finance
- Strong grounding in credit instruments (leveraged loans, high yield bonds), financial reporting, due diligence and downside modelling
- Skilled fundamental credit researcher – able to assess business profile, competitive positioning, market growth and structural changes
- Strong grasp of cash flow generation drivers and de-leveraging prospects, with sound understanding of the macro backdrop
- Proficient in Microsoft Office, especially Excel and PowerPoint
Candidate Profile
- Intellectual curiosity: a genuine desire to dig further and understand the “why” behind the numbers, paired with the rigour to challenge and stress‑test the data rather than take it at face value.
- Open culture: the team have built a very open‑minded culture, and so candidates joining should be similarly open, collaborative, friendly and willing to learn.
- Strong attention to detail: rigorous, thorough approach to analysis, ability to consistently deliver work to a high standard.
- Coverage: the analyst will typically follow a book of roughly 25–35 names at any one time, with scope for this to grow as deal activity picks up.
- Sector remit: open – prior coverage of any industry is considered relevant experience, so candidates need not come from a specific sector background.
Key Sells
- Established platform, still growing – the team is well established within the firm, yet the broader platform continues to expand with real ambition.
- Organic career progression – The team are given runway and agency to shape and direct their own careers within the team. The firm prefer to promote from within, and support the growth of all employees. The team has had very limited turnover since inception, which has led to a strong and positive team culture.
- Strong market reputation – this is a well‑respected, award‑winning CLO team with strong market standing and relationships.
The salary for the role will be competitive and background checks including criminal record check and references will be required.
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CLO Analyst / Credit Analyst - London employer: Anonymous
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