At a Glance
- Tasks: Join our team to analyse leveraged loans and high yield bonds while collaborating with senior analysts.
- Company: Benefit Street Partners, a leading alternative credit manager under Franklin Templeton.
- Benefits: Gain hands-on experience in finance with a competitive salary and professional development opportunities.
- Other info: 12-month fixed-term contract with excellent career growth potential.
- Why this job: Dive into the dynamic world of credit markets and make an impact on investment decisions.
- Qualifications: Experience in financial analysis and strong Excel skills are essential.
The predicted salary is between 20000 - 30000 £ per year.
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.
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.
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
- 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
- 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.
Credit Research Intern in London employer: Franklin Templeton
Franklin Templeton is an exceptional employer, offering a vibrant work culture in the heart of London that fosters collaboration and innovation. Employees benefit from comprehensive professional development opportunities, enabling them to grow their careers while engaging with senior stakeholders in a dynamic market environment. With a commitment to diversity and inclusion, Franklin Templeton provides a supportive atmosphere where every team member can thrive and make a meaningful impact.
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We think this is how you could land Credit Research Intern in London
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We think you need these skills to ace Credit Research Intern in London
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Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!
Craft Your Cover Letter with Care:For an internship, we want to see your enthusiasm and motivation. Use your cover letter to explain why you’re excited about this opportunity at Franklin Templeton and what you hope to learn. Be personal and connect the dots between your education and the role of Credit Research Intern.
Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!
Utilise Relevant Experiences:If you've been involved in finance-related clubs or societies at university, mention that in your application. Showing your practical experience alongside your studies can make a real difference and demonstrate your passion for the financial world. We love seeing candidates who go the extra mile!
How to prepare for a job interview at Franklin Templeton
✨Show Us Your Analytical Skills
As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.
✨Know Your Financial Tools
Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.
✨Be Passionate About Learning
Internships are all about learning, so express your enthusiasm for the banking industry. Share what trends you're excited about, or recent news you've followed, to show you're motivated and engaged. This can set you apart from other candidates who might be less enthusiastic.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your fit within a team and your ability to handle challenges. Think of examples from your studies or group projects that highlight your teamwork, adaptability, and communication skills. We want to see how you've navigated situations that are relevant to the workplace!
