Analyst, Portfolio Management, Risk Sharing Strategy (SRT)

Pemberton; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading private credit manager in London is seeking an Analyst for the Risk Sharing Strategy team. The role involves supporting investment decisions, developing quantitative models, and analyzing loan portfolios for risk management. Candidates should have a strong quantitative background, proficiency in Python, and excellent communication skills. This is an opportunity to work in a collaborative and high-performing environment, focused on innovative solutions in the private markets.

Qualifications

• Outstanding quantitative first degree or equivalent in math/physics/statistics.
• Proficiency in Python for financial analysis and modeling.
• Strong foundation in probability and statistics.

Responsibilities

• Support investment and portfolio management process with senior professionals.
• Develop and enhance quantitative models for credit risk analysis.
• Monitor performance of loan portfolios and conduct risk oversight.

Skills

Quantitative analysis

Python

Communication skills

Attention to detail

Education

Outstanding quantitative first degree (mathematics, physics, statistics, or related)

Master’s degree in quantitative finance or financial engineering

Tools

Python

Job description

Pemberton Asset Management is a leading European private credit manager. Built on more than a decade of experience and deep credit expertise, we provide innovative, cycle-tested private credit solutions for LPs and GPs. Pemberton’s extensive origination network of ten European offices, local market and sector expertise are core characteristics of Pemberton’s value proposition. A substantial investment team, a broad and independent credit function and rigorous credit analysis inform our investment approach. We are committed to advancing responsible investing in private credit and fostering long-term value through transparent partnerships.

Pemberton manages USD $28.8bn in AuM and employs more than 200+ staff globally. (As of 30th September 2025. Defined as capital committed since inception)

Further information is available at www.pembertonam.com. Follow Pemberton on LinkedIn here.

Level: Analyst

Functional Title: Analyst, Portfolio Management, Risk Sharing Strategy (SRT)

Location: London

Role Relationships:

• Risk Sharing Strategy team and Portfolio Manager
• Business Development and Investor Relations
• Fund Finance
• Technology

Role Responsibilities

• The Risk Sharing Strategy (“RSS”) team is a specialist portfolio management function investing in Significant Risk Transfer (SRT) transactions—bespoke credit risk-sharing structures referencing diversified portfolios of bank-originated loans. These transactions enable banks to optimise regulatory capital while providing investors with attractive, capital-efficient risk-adjusted returns.
• The Analyst will support all aspects of the investment and portfolio management process, working closely with senior investment professionals from transaction analysis and structuring through to ongoing monitoring and investor reporting.
• Develop, maintain, and enhance quantitative models to assess portfolio credit risk, loss distributions, tranche performance, and downside scenarios across SRT investments.
• Monitor the performance of underlying loan portfolios, including analysis of defaults, recoveries, concentrations, and structural features, and contribute to ongoing risk oversight.
• Produce analytical materials for investment committees, portfolio reviews, and ad-hoc analysis to support investment decision-making.
• Assist in the preparation of investor reporting and bespoke analytical outputs, working closely with Investor Relations.
• Contribute to market, regulatory, and structural research relevant to SRTs and structured credit, supporting the continued evolution of the strategy.

Compliance and ESG Responsibilities

In performing regulated and unregulated activities for the firm the person will follow the Individual Conduct rules:

• Act with integrity
• Act with due care, skill and diligence
• Open and cooperative with the FCA, the PRA and other regulators
• Pay due regard to the interests of customers and treat them fairly
• Observe proper standards of market conduct

Work Experience and Qualifications

• Outstanding quantitative first degree (or equivalent): mathematics, physics, statistics, engineering, or a closely related discipline; or a Master’s degree in quantitative finance, financial engineering, or a similarly rigorous field.
• Proficiency in Python for financial analysis and modelling. While this is not a software engineering role, candidates should be comfortable writing clean, well-structured code to analyse large datasets, automate workflows, and implement quantitative models.
• Strong foundation in probability, statistics, and applied quantitative methods
• Prior experience (internship or full-time) in asset management, investment banking, structured credit, risk analytics, or a related quantitative finance role is advantageous but not essential.

Key Qualities

• Intellectually curious and commercially minded, with a genuine interest in financial markets
• Strong communication skills, with the ability to articulate complex quantitative concepts clearly to both technical and non-technical audiences.
• Highly organised with excellent attention to detail and time-management skills; able to manage multiple workstreams and deliver high-quality outputs in a fast-paced, deadline-driven environment.
• Collaborative and team-oriented, with a strong sense of ownership and a willingness to support colleagues during periods of high workload.
• Confident presentation skills, both written and verbal, with the ability to contribute effectively in internal forums and client-facing settings.
• Excellent spoken and written English.
• Self-motivated, resilient, and driven, with high personal standards and a desire to build a long-term career in private markets.

Culture (Supporting, Growing, Thriving)

• Innovative
• Committed
• Client-Focused
• Collaborative
• Entrepreneurial
• High-Performing
• Respectful
• Supportive

The duties and responsibilities described here are not exhaustive; additional assignments may be required. Duties and responsibilities may be changed at any time, with or without notice, at Pemberton’s sole discretion.

Pemberton is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion or belief, sex, gender, gender identity or expression, sexual orientation, age, disability, national origin, ancestry, citizenship status, marital or civil partnership status, pregnancy or maternity, veteran or military status, genetic information, or any other characteristic protected by applicable law. We value diversity and are dedicated to creating an inclusive environment for all employees.

This policy applies to all terms and conditions of employment, including recruitment, hiring, placement, promotion, transfer, termination, compensation, benefits, training, and development. Pemberton is also committed to making reasonable adjustments to accommodate the needs of disabled employees and applicants. All employees, managers, and those involved in recruitment or employment decisions are required to comply with this policy.

If you need a reasonable accommodation to complete your application, please contact People and Performance at [e-mail]

Depending on the position, you may be required to obtain certain regulatory licenses/certification if you are in a client facing role and/or if you are engaged in the following non exhaustive list:

• Attending client meetings where you are discussing products and/or client questions.
• Marketing funds to clients.

Note: Please speak with your Pemberton Recruiting contact with any questions.

To submit your application please complete the application form via ‘Apply for this Job’ below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered “prefer not to say”). Failure to provide this information may compromise the follow-up of your application. When you have finished click ‘Submit Application’ at the bottom of the application form.