Associate - Credit Secondaries

A leading investment manager with over $50bn AUM are looking for an Associate with 2-4 years experience to join their Secondaries team.

This role offers the opportunity to work closely with senior team members on the acquisition and management of credit secondary investments.

Key Responsibilities:

1. Deal Sourcing and Evaluation:

   • Assist in identifying and evaluating credit secondary investment opportunities.
   • Conduct detailed financial and operational due diligence on potential investments.
   • Analyse and assess credit risk, market conditions, and investment viability.

2. Financial Modelling and Analysis:

   • Develop and maintain detailed financial models to support investment decisions.
   • Perform scenario analysis and stress testing to evaluate investment performance under various conditions.
   • Prepare comprehensive investment memos and presentations for the investment committee.

3. Transaction Execution:

   • Support all aspects of the transaction process, including structuring, negotiation, and documentation.
   • Work closely with legal, compliance, and other internal teams to ensure smooth execution of deals.
   • Coordinate with external advisors, including investment bankers, consultants, and legal counsel.

4. Portfolio Management:

   • Monitor and manage the performance of existing investments, including regular review of financial performance and covenant compliance.
   • Identify and implement strategies to enhance value and mitigate risk within the portfolio.
   • Prepare regular reports and updates for senior management and investors.

5. Market Research and Strategy:

   • Conduct ongoing market research to stay informed of industry trends, regulatory changes, and competitive dynamics.

Qualifications:

• Bachelor's degree in Finance, Economics, Business, or a related field.
• 2-5 years of experience in credit analysis, investment banking, private equity, or a related field.
• Strong financial modelling and analytical skills.
• Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint; experience with financial databases and research tools is a plus.

Preferred Attributes:

• Experience in credit secondaries or distressed debt investing.
• Knowledge of legal documentation and transaction structuring.
• Strong network within the investment and finance community.
• Demonstrated interest in and knowledge of the credit markets.