Associate - Direct Lending (London)

Key Responsibilities

• Support the deal team in analysing new lending opportunities across a range of industries.
• Build and sensitise financial models to assess credit risk, downside scenarios and returns.
• Assist in preparing materials for investment committee discussions, including industry research, business due diligence, financial analysis and presentation charts.
• Coordinate elements of transaction execution and closing processes alongside internal teams and external advisers.

• Prepare monitoring materials, including covenant analysis, performance reviews and forward‑looking projections.
• Conduct ongoing credit analysis, industry trend tracking, and review company‑specific disclosures and financial updates.
• Support assessment of amendment and waiver requests.
• Maintain internal reporting tools and ensure accuracy of investment data.

• Undergraduate degree in Finance, Economics, Accounting or a related discipline.
• 2+ years' experience in leveraged finance, direct lending, investment banking, or corporate/ commercial banking.
• Strong financial modelling capability and a rigorous analytical mindset.
• Highly organised, detail‑driven and comfortable managing multiple priorities in a deal‑driven environment.
• Strong written and verbal communication skills; proficiency across Excel, PowerPoint and Word.
• Additional European language skills advantageous.

The ideal candidate will demonstrate:

• Commercial judgement & credit acumen: Ability to assess risk, interpret due diligence, and form well‑reasoned credit views.
• Execution excellence: Structured, process‑orientated and able to deliver high‑quality work under time pressure.
• Collaborative mindset: A team player who contributes positively to a supportive, inclusive culture.
• Critical thinking: Forward‑looking approach, comfortable assessing complex situations and anticipating potential issues.
• Relationship skills: Ability to build trust with internal stakeholders, management teams, advisors and peers.

The role offers a competitive package aligned with experience, alongside a comprehensive suite of benefits including insurance, healthcare and pension coverage.