At a Glance
- Tasks: Join our team to analyse credit risk in leveraged loans and high yield bonds.
- Company: Benefit Street Partners, part of Franklin Templeton, a leader in alternative credit management.
- Benefits: Gain hands-on experience, competitive salary, and professional development opportunities.
- Other info: 12-month fixed-term contract with potential for growth in a dynamic environment.
- Why this job: Dive into the fast-paced world of finance and make an impact on investment strategies.
- Qualifications: Strong analytical skills and familiarity with financial statements required.
Benefit Street Partners (BSP) is part of Franklin Templeton, a forward-thinking asset manager that has built its success through powerful partnerships. We leverage cutting-edge strategies and deep insights to unlock opportunities for long-term wealth creation. Our talented, global teams bring expertise that is both broad and unique. Benefit Street Partners operates independently as an investment group. It is an alternative credit pioneer that seeks to deliver attractive returns through its relationships, specialist expertise, and global reach. We focus exclusively on credit, building deep expertise across direct lending, structured credit, liquid credit, special situations, infrastructure debt, and real estate.
About Us: BSP is a leading alternative credit manager dedicated exclusively to unlocking opportunity in this fast-evolving market. Founded as an early pioneer in the space, we have guided investors through multiple market cycles with discipline, creativity, and resilience. Alternative credit is what we do. Our expertise spans direct lending, real estate debt, liquid credit, structured credit, and other alternative credit strategies. This depth of specialism, coupled with global reach and long-standing local relationships, enables us to connect investors with tailored, high-quality opportunities designed to deliver attractive, risk-adjusted returns across conditions.
We are a wholly owned subsidiary of Franklin Templeton, one of the world’s largest asset managers. This partnership provides the strength and scale of a global institution while preserving our investment and operational independence. The integration of Alcentra in 2022 added two decades of European expertise, creating one of the most diversified alternative credit platforms worldwide. Together, we offer clients the benefits of BSP’s agility, specialization, and entrepreneurial culture, supported by Franklin Templeton’s resources, infrastructure, and $1.68 trillion in assets under management. Today, we manage $92 billion in assets for institutions and individuals globally. Our heritage, partnership culture, and enduring relationships continue to set us apart, enabling us to deliver flexible, high-quality credit solutions and consistent, risk-adjusted returns for our investors.
Position Overview: We are looking for a motivated, detail-oriented individual to join the European Liquid Credit Research team as either a Junior Credit Research Analyst or Intern/Graduate to cover the leveraged loan and high yield bond markets, primarily in Europe, while closely collaborating with our U.S. team. The ideal candidate will be intellectually curious, collaborative and able to support multiple senior analysts in evaluating credit risk of existing investments, as well as potential new investment opportunities. A robust understanding of financial statements is a must, and financial modelling skills are required. Beyond modelling, the role will also entail other forms of due diligence, including summarising and analysing earnings results, interacting with management teams, and synthesising third party research, including sell-side and rating agency research. Overall, the role will play a key role helping the research team evaluate, both qualitatively and quantitatively, the credit risk of our investments in leveraged loans and high yield bonds.
Responsibilities include but are not limited to:
- Financial model construction and maintenance
- Collaboration with senior analysts to diligence existing and potential investments utilizing all available resources: Bloomberg, 3rd party research, expert networks, etc.
- Understanding and analysing credit terms and documents
- Analysis of relative value and comparable transaction analysis, including creation and maintenance of standardized relative value comparison tables
- Construction of credit papers for presentation to Investment Committee(s)
- General industry analysis on assigned sector(s)
Qualifications / Skills: The successful candidate will ideally possess:
- Up to 2 years of experience analysing financial statements, ideally with a leveraged finance / credit focus; internship and junior analyst candidates will be considered
- Familiarity with leveraged credit markets and investment funds
- Strong Excel technical and modelling skills, ideally including financial modelling
- High attention to detail
- Intellectual curiosity and willingness to learn
Please note that this is a 12‐month fixed‐term contract, commencing as soon as possible.
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.
Credit Research Intern employer: Franklin Templeton Investments
Franklin Templeton Investments is an exceptional employer, offering a dynamic work environment in the heart of London where your expertise in real estate asset management can truly shine. With a strong focus on employee growth and development, we provide ample opportunities for professional advancement while fostering a collaborative culture that values innovative investment strategies. Join us to be part of a team that not only prioritises success but also supports your career journey in a thriving financial hub.
Contact Details:
Franklin Templeton Investments Recruitment Team
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We think this is how you could land Credit Research Intern
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We think you need these skills to ace Credit Research Intern
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How to prepare for a job interview at Franklin Templeton Investments
✨Brush Up on Financial Analysis Skills
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