At a Glance
- Tasks: Analyse borrower financials and build bespoke Excel models to assess risk.
- Company: Fast-growing London-based private credit fund with a dynamic team.
- Benefits: Gain real responsibility, direct exposure to decision-makers, and develop underwriting expertise.
- Other info: Collaborative office culture with opportunities for personal and professional growth.
- Why this job: Shape capital deployment decisions in an entrepreneurial environment without bureaucracy.
- Qualifications: 2-5 years in private credit or structured finance; strong analytical skills required.
The predicted salary is between 50000 - 70000 £ per year.
Equifind are delighted to be partnering with a fast-growing London-based specialist private credit fund deploying capital across SME cashflow, asset backed, real estate, forward flow and platform lending strategies. To succeed in this role, you will be a technically strong Associate who wants to build real underwriting expertise, not just process deals. Your analysis will directly shape capital deployment decisions within a small, high performing team.
WHAT MAKES THIS ROLE DIFFERENT
- Direct exposure to decision-makers in a 12-person team
- Genuine modelling responsibility from day one
- Real responsibility in shaping lending recommendations
- Exposure across multiple asset classes
- Entrepreneurial environment without institutional bureaucracy
THE ROLE
- Analysing raw borrower financials and loan tapes (often large, unstructured, and imperfect)
- Building bespoke Excel models from first principles to assess risk
- Identifying inconsistencies and challenge borrower supplied assumptions
- Constructing default curves, vintage analysis and roll-rate matrices
- Modelling SME cashflow coverage and covenant headroom
- Assessing platform underwriting methodologies where borrowers are onward lending
- Assessing probability of default using quantitative and qualitative factors
- Translating analysis into clear credit recommendations
- Drafting concise internal credit papers
- Interacting with origination channels (e.g. brokers) in the sourcing and filtering of deal flow
- Supporting in relationship management and monitoring post investment
TECHNICAL EXPECTATIONS
- Building complex Excel models from a blank workbook
- Handling large loan level datasets (20k + rows)
- Constructing vintage, cumulative default and roll-rate analysis
- Designing multi-scenario stress cases
- Reconciling inconsistencies in borrower data
- Applying different analytical frameworks depending on asset class
- Using advanced Excel functions (pivot tables, XLOOKUP/INDEX-MATCH, SUMIFS, dynamic modelling logic)
IDEAL BACKGROUND
- 2–5 years’ experience in:
- Private credit
- Structured or specialty finance
- Asset-backed lending
- Loan portfolio analysis
- Structured products
- Experience across multiple credit types is highly attractive.
CULTURE & ENVIRONMENT
- Analytical and performance driven
- Entrepreneurial rather than institutional
- Flat in structure with high ownership
- Office based to maximise collaboration
You will work closely with senior team members and develop practical credit judgment across a broad range of transactions.
ABOUT YOU
- Enjoy building rather than operating
- Intellectually curious about risk
- Comfortable making decisions with imperfect data
- Thinks independently rather than relying on templates
- Can switch analytical frameworks between consumer style portfolio modelling and SME cashflow underwriting
- Is commercially aware (not purely academic)
Private credit associate in London employer: Equifind
Equifind is an exceptional employer that values innovation and collaboration, providing a dynamic work environment for Finance Managers. With competitive daily rates and a strong focus on employee development, team members are encouraged to grow their skills while contributing to impactful projects in the residential development sector. Located in a vibrant area, Equifind offers a supportive culture that fosters open communication and teamwork, making it an ideal place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Private credit associate in London
✨Tip Number 1
Network like a pro! Reach out to people in the private credit space, especially those who work at firms you're interested in. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Show off your skills! When you get the chance to meet potential employers, bring examples of your Excel models or analyses. This not only demonstrates your technical prowess but also shows you're ready to dive into the role.
✨Tip Number 3
Be prepared for case studies! Many firms will want to see how you think on your feet. Brush up on your analytical frameworks and be ready to tackle real-world scenarios during interviews.
✨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in joining us. Plus, it gives you a better chance to stand out from the crowd and show us why you're the perfect fit for the team.
We think you need these skills to ace Private credit associate in London
Some tips for your application 🫡
Show Your Analytical Skills:When writing your application, make sure to highlight your analytical abilities. We want to see how you approach complex data and what methods you use to draw conclusions. Use examples from your past experiences to demonstrate your skills in building models and analysing financials.
Be Concise and Clear:We appreciate clarity in communication, so keep your application straightforward. Avoid jargon and get straight to the point. Make sure your credit recommendations and analyses are easy to understand, as this reflects the kind of concise internal credit papers we value.
Tailor Your Application:Don’t just send a generic application! Tailor it to fit the role of Private Credit Associate. Mention specific experiences that relate to SME cashflow, asset-backed lending, or any relevant credit types. This shows us you’re genuinely interested and have done your homework.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications better and ensures you don’t miss out on any important updates. Plus, it’s super easy to do!
How to prepare for a job interview at Equifind
✨Know Your Numbers
Make sure you brush up on your financial analysis skills. Be prepared to discuss how you would approach analysing raw borrower financials and loan tapes. Familiarise yourself with key metrics and be ready to explain how you would build bespoke Excel models from scratch.
✨Showcase Your Analytical Skills
During the interview, highlight your experience with complex data sets and modelling. Prepare examples of how you've constructed default curves or performed vintage analysis in the past. This will demonstrate your ability to handle large datasets and apply different analytical frameworks.
✨Be Ready to Challenge Assumptions
Equifind values independent thinking, so come prepared to discuss how you would identify inconsistencies in borrower-supplied assumptions. Think of scenarios where you had to challenge the status quo and how that led to better decision-making.
✨Understand the Culture
Familiarise yourself with the entrepreneurial environment of the firm. Be ready to discuss how you thrive in a flat structure and how you can contribute to a high-performing team. Show that you're not just looking for a job, but a place where you can grow and make an impact.
