Associate, Direct Credit in London

We are looking for an investment professional to join a growing European Direct Credit Team. The role offers an exciting opportunity to join a global firm and work across the credit risk spectrum, gaining exposure to a broad range of financing opportunities. The successful candidate will combine strong technical skills with fundamental credit underwriting and exhibit a commercial and collaborative mindset.

Key Responsibilities

• Support the team in drafting credit investment memos, assessing business models, historical and projected financial performance, industry dynamics, competitive position, capital structure and sponsor considerations.
• Build and own financial models to assess downside protection, leverage capacity, liquidity, sensitivity cases and expected investment returns.
• Perform rigorous fundamental credit analysis to identify key risks, mitigants and value drivers.
• Participate in end‑to‑end diligence, reviewing third‑party due diligence, preparing diligence Q&A lists and participating in expert and reference calls.
• Synthesize key findings into an underwriting thesis.
• Evaluate opportunities across a broad range of credit situations, with exposure to different capital‑structure positions and an emphasis on a risk‑reward mindset.
• Coordinate transaction execution by collaborating with internal workstreams (e.g., legal, tax, funding team).
• Track European deal flow, pipeline and investment track record.
• Assist in monitoring existing portfolio companies by reviewing quarterly financials, writing performance updates and reviewing valuation reports.

Skills Required

• Approximately 3+ years of relevant experience in leveraged finance, private credit or a related investing environment.
• Strong fundamental credit analysis skills, including assessment of business quality, cash flows, downside scenarios and capital‑structure analysis.
• Advanced financial modelling capability, including integrated three‑statement modelling.
• Experience working on sponsor‑backed financing transactions.
• Intellectual curiosity and critical thinking about investment thesis, key risks and structuring considerations.
• Strong communication and presentation skills; ability to distil complex analysis into clear recommendations for senior stakeholders.
• High level of ownership, strong work ethic and ability to collaborate effectively in a team.
• Strong academic credentials.
• Advanced proficiency in Microsoft Excel and PowerPoint.
• Additional European language skills are welcomed but not required.

Benefits

• Healthcare coverage, mental health resources, health & fitness reimbursement program, and Wellness Rewards Program.
• Tuition and certification reimbursement programs, continual education and development trainings.
• Paid time off to volunteer and travel support for nursing parents.
• Adoption reimbursement program and paid time off for new parents and newlyweds.
• Contribution to retirement programs and employee stock purchasing plan.

Hamilton Lane is an Equal Opportunity Employer. All qualified applicants will be considered for employment without regard to race, religion, ancestry, national origin, sex, sexual orientation, age, disability, marital status, domestic partner status, or medical condition.