Associate - Private Credit / Direct Lending

Overview
A leading global private credit investment platform is seeking an Associate to join its Direct Lending team in London. The firm focuses on providing bespoke financing solutions to high‑quality, private equity-backed businesses across the UK and Europe. This role offers the opportunity to work within a high‑performing investment team with significant capital to deploy, a collaborative culture, and a strong track record in upper‑mid‑market and large‑cap financings.

Investment Analysis & Execution

• Support the full lifecycle of the investment process, including origination, due diligence, structuring, financial modelling and credit analysis.
• Build and maintain detailed financial models, run sensitivities, and assess credit metrics to evaluate risk and return.
• Contribute to the preparation of investment committee materials, including credit papers, financial summaries, and risk assessments.
• Assist in coordinating third‑party due diligence (commercial, financial, legal and operational) and synthesizing findings.

Portfolio Management

• Monitor existing portfolio investments, including reviewing monthly/quarterly reporting packages, updating financial models, and tracking covenant compliance.
• Prepare regular internal portfolio reviews and identify early warning signs or value‑creation opportunities.
• Participate in amendment processes, refinancings, and follow‑on financings where required.

Market & Deal Sourcing Support

• Conduct sector research to support sourcing and underwriting across a range of industries, with a focus on sponsor‑backed transactions.
• Build and maintain relationships with private equity sponsors, advisors, and other market participants alongside senior team members.
• Contribute to the team's market intelligence by tracking deal flow, competitor activity, and broader credit trends.

Experience & Background

• 3-5 years of relevant experience in leveraged finance, private credit, direct lendin, or a related credit‑focused role.
• Strong technical skills, particularly in financial modelling, credit analysis, and understanding of debt structures.
• Prior exposure to sponsored transactions is highly advantageous.

Skills & Attributes

• Exceptional analytical ability with strong attention to detail.
• Clear, concise written and verbal communication skills.
• Ability to work effectively in a lean, collaborative environment.
• Commercial mindset with a strong drive to develop as an investor.
• High level of professionalism, integrity, and work ethic.

• Exposure to complex, high‑profile private credit transactions across Europe.
• A supportive environment with direct access to senior investment professionals.
• Opportunity to develop strong underwriting, structuring, and portfolio management skills.
• A long‑term career path within a growing and well‑respected credit platform.