At a Glance
- Tasks: Manage and monitor European credit portfolios, ensuring alignment with risk appetite and strategic objectives.
- Company: International Bank based in London, focused on global investment promotion.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Other info: Collaborative environment with opportunities to mentor junior colleagues.
- Why this job: Join a dynamic team and make impactful decisions in corporate credit analysis.
- Qualifications: Experience in corporate credit analysis and LBO underwriting is essential.
The predicted salary is between 54000 - 66000 £ per year.
CLIENT: International Bank
Location: London
Department: Global Investment Promotion
Position: Corporate Credit Analyst - Assistant Manager
Role:
- Manage and monitor GIPD’s European credit portfolio, with core responsibility for BSLBSL exposure via a Separately Managed Account (SMA) and expanding coverage of European DL investments (acting as fund LP) and mid-market LBO co-investments.
- Act as primary reviewer and challenger of credit inputs from the BSL Asset Manager for SMA investments, adding independent credit judgment and ensuring alignment with the Bank’s risk appetite and portfolio objectives.
- Lead the development of DL capabilities, including evaluation of DL funds, GP platforms, and underlying LBO exposures, supporting both investment and gatekeeping decisions.
- Apply strong credit underwriting skills (including mid-market LBO analysis) alongside a portfolio manager mindset to optimise risk-return across BSL, DL funds, and co-investments.
- Provide concise, high-quality reporting and portfolio insights to Deputy HoD, HoD, RMD, UGM, and GM to support risk management and strategic decision-making.
- Support senior management in shaping and expanding the Bank’s European credit franchise across (i) BSL SMA investments, (ii) DL fund LP investments, and (iii) mid-market LBO co-investments with DL GPs.
- Build effective relationships with Asset Managers, GPs, and internal stakeholders, while developing junior colleagues through coaching and knowledge sharing.
KEY RESPONSIBILITIES:
- BSL (SMA) Portfolio Oversight: Review and challenge Asset Manager’s credit inputs; assess individual credits, portfolio positioning, and relative value; enhance internal reporting quality and efficiency; ensure robust monitoring of risks and performance.
- DL conduct GP-level analysis and ongoing monitoring; support investment selection and gatekeeping.
- LBO Credit Underwriting: Significantly leverage information from the partner GP in this context.
- Portfolio Management: Ensure adherence to credit standards and risk limits; identify concentration, structural, and market risks; take timely action in stress scenarios.
- Deal Execution: Support internal approval processes and Credit Committee discussions with clear and balanced recommendations.
- Market: Provide insights to inform portfolio positioning and strategy.
- Operational: Ensure timely and high-quality communication to senior management.
- Client: Act as a key internal point of contact across relevant product areas.
QUALIFICATIONS AND EXPERIENCE:
- Strong experience in sub-IG corporate credit analysis, with solid grounding in LBO underwriting (rating agency, bank, or buyside experience acceptable).
- Good understanding of European DL market, including fund structures, GP dynamics, key terms, and private credit ecosystem.
- Demonstrated ability to combine detailed credit work with portfolio-level thinking and strategic perspective.
- Self-motivated, proactive, and capable of working independently while contributing to team and franchise development.
Corporate Credit Analyst employer: City Recruitment Associates
As a leading bank, we pride ourselves on fostering a dynamic work environment that prioritises employee growth and development. Our Online Banking and Merchant Fraud Analyst role offers the opportunity to engage in cutting-edge fraud prevention strategies while collaborating with a dedicated team committed to safeguarding our customers. With comprehensive training programs and a culture that values innovation and teamwork, we ensure our employees are well-equipped to thrive in their careers.
Contact Details:
City Recruitment Associates Recruitment Team