At a Glance
- Tasks: Lead investment evaluations and manage complex credit transactions in a dynamic team.
- Company: Join a Tier 1 fund known for its innovative approach to private credit.
- Benefits: Competitive salary, mentorship opportunities, and exposure to senior leadership.
- Other info: Opportunity to mentor junior team members and contribute to strategic fund discussions.
- Why this job: Make impactful decisions in a core investment role with significant responsibilities.
- Qualifications: 8-10 years in credit secondaries or private credit with strong analytical skills.
The predicted salary is between 72000 - 108000 £ per year.
Location: London
Reporting to: Managing Director
Strategy: Credit Secondaries (LP Portfolio Acquisitions, GP-led Transactions, Structured Solutions)
Overview
Tier 1 fund is seeking to appoint a Vice President to join its Credit Secondaries investment team. The role will focus on the evaluation, execution and portfolio management of secondary transactions across private credit strategies, including direct lending, opportunistic credit and structured credit exposures. The successful candidate will play a leading role in underwriting complex portfolio transactions, pricing diversified credit exposures and managing execution workstreams through to completion. This is a core investment role with meaningful responsibility and direct exposure to senior leadership and Investment Committee.
Key Responsibilities
- Investment Evaluation & Underwriting
- Lead detailed analysis of LP portfolios and GP-led secondary opportunities
- Conduct asset-level credit underwriting across diversified portfolios
- Build and own complex portfolio cash flow models, pricing frameworks and return analysis
- Assess structural considerations including leverage, waterfalls and fund-level economics
- Formulate investment recommendations and draft Investment Committee materials
- Transaction Execution
- Coordinate commercial, legal, tax and structuring workstreams
- Engage directly with GPs, LPs, sponsors and advisors
- Negotiate key commercial terms alongside senior team members
- Manage due diligence processes end-to-end
- Portfolio Management
- Monitor portfolio performance and risk exposures
- Lead periodic valuation analysis
- Prepare internal and external reporting materials
- Support portfolio construction and capital deployment strategy
- Team Contribution
- Mentor Associates and Analysts
- Contribute to strategic discussions around fund deployment and pipeline development
Experience
8–10 years of experience within:
- Credit Secondaries
- Private Credit / Direct Lending
- Leveraged Finance
- Credit Hedge Funds
- Structured Credit
Demonstrated experience leading credit underwriting processes. Experience preparing and presenting Investment Committee materials. Prior exposure to secondaries transactions, NAV-based financing or GP-led processes is strongly preferred.
Technical Skills
- Advanced financial modelling capabilities (portfolio-level cash flows, IRR analysis, downside stress testing)
- Strong understanding of capital structures and credit documentation
- Ability to analyse diversified portfolios under varying information conditions
- Commercial judgement and risk assessment capability
Tier 1 fund - Investment Management – Private Credit Secondaries in London employer: Brock & Decker
Join a Tier 1 fund in London, where you will be part of a dynamic and collaborative investment management team focused on private credit secondaries. The company fosters a culture of mentorship and professional growth, offering significant opportunities for career advancement while working closely with senior leadership. With a commitment to innovation and excellence, this role provides a unique chance to engage in high-impact transactions and contribute to strategic decision-making in a thriving financial hub.
StudySmarter Expert Advice🤫
We think this is how you could land Tier 1 fund - Investment Management – Private Credit Secondaries in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment management space, especially those who have experience in credit secondaries. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss portfolio cash flow models and credit underwriting processes. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t just apply anywhere; focus on Tier 1 funds that align with your career goals. Use our website to find roles that excite you and tailor your approach to each one. We’re here to help you land that dream job!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm and professionalism, which is exactly what they’re looking for in a Vice President.
We think you need these skills to ace Tier 1 fund - Investment Management – Private Credit Secondaries in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Vice President in Credit Secondaries. Highlight your experience in credit underwriting and portfolio management, and don’t forget to showcase any relevant transactions you've led.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re the perfect fit for this role. Share specific examples of your past experiences in private credit and how they relate to the responsibilities outlined in the job description.
Showcase Your Technical Skills:We want to see your advanced financial modelling capabilities! Include examples of your work with cash flow models and IRR analysis, as well as any experience with credit documentation and capital structures.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity in our Credit Secondaries team.
How to prepare for a job interview at Brock & Decker
✨Know Your Numbers
Make sure you brush up on your financial modelling skills. Be ready to discuss portfolio cash flow models, pricing frameworks, and IRR analysis. The interviewers will want to see that you can handle complex numbers with ease.
✨Understand the Market
Familiarise yourself with current trends in private credit and secondary transactions. Being able to discuss recent deals or market movements shows that you're engaged and knowledgeable about the industry.
✨Prepare for Technical Questions
Expect to dive deep into credit underwriting processes and structural considerations. Prepare examples from your past experience where you've successfully navigated these areas, as this will demonstrate your expertise.
✨Showcase Your Leadership Skills
Since this role involves mentoring Associates and Analysts, be prepared to discuss your leadership style. Share specific instances where you've led a team or contributed to strategic discussions, highlighting your ability to influence and guide others.