Associate, Infrastructure Credit

GIC Private Limited; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Job summary

GIC is seeking an Associate in the Infrastructure Group to focus on infrastructure credit transactions in the junior and mezzanine space globally. You will be responsible for underwriting, modelling and execution, supporting deal memos, and collaborating within a deal team.

The role requires strong quantitative and analytical skills, experience in infrastructure finance, and comfort with complex capital structures.

Qualifications

• Strong quantitative, financial and analytical skills.
• Experience in infrastructure finance or advisory.
• Experience committing debt capital and investment papers.
• Ability to model complex financial structures and capital structures.
• Experience in European debt markets; US/Emerging markets helpful.

Responsibilities

• Underwriting, modelling and execution of infrastructure credit transactions.
• Prepare deal memos for senior staff/credit committee.
• Execution support across deal screening, structuring, pricing, due diligence, closings.
• Interact with banks/advisors, management, equity and credit GPs.
• Support asset management of infra credit investments.
• Support managing fund commitments and co-investment opportunities.

Skills

Quantitative skills

Financial analysis

Infrastructure finance

Deal execution

Excel modelling

Communication skills

Team player

Emerging markets understanding

Interpersonal with banks/advisors

Tools

Excel

Job description

GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 locations around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we work at the point of impact for Singapore’s financial future, and the communities we invest in worldwide.

Infrastructure Group

We deploy long-term capital through direct, and fund investments across the capital structure to diversify our portfolio.

You will help to invest into infrastructure non-investment grade debt through direct investments complemented with fund and co-investments.

What impact can you make in this role?

You will be part of a team that invests into infrastructure companies with stable and predictable cash flows, long-term inflation protection and reasonable risk-adjusted returns.

What you will do as an Associate

• The role will be mainly focused on infrastructure credit transactions in the junior and mezzanine (non-investment grade) space globally.
• Underwriting, modelling and execution of infrastructure credit transactions
• Supporting role in the preparation of deal memos for submission to senior Investment staff/Credit committee
• Execution support as part of a deal team including involvement on deal screening, deal structuring and pricing, due diligence processes, and legal closings
• Interact with banks/advisors, management, equity and credit GPs on a regular basis
• Supporting on managing fund commitments and co-investment opportunities
• Supporting on asset management of existing and future infra credit investments

What qualifications or skills should you possess in this role?

• Strong intellect with excellent quantitative, financial and analytical skills
• Relevant work experience of which a considerable time focusing on Infrastructure finance and/or advisory (candidates from a leveraged finance, structured finance or HY capital markets background will also be considered)
• Experience of committing debt capital as a principal including preparing and defending investment papers are beneficial
• Analytically rigorous with understanding of the fundamentals of different infra (sub) sectors as well as the technicalities of different loan structures
• Ability to perform complex financial modeling in excel, familiarity with more complicated capital structures is a plus
• Experience in the European debt markets, an understanding of/experience in the US and Emerging Markets is highly relevant
• Team player with excellent communication and numerical skills

Work at the Point of Impact

We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.

GIC is a Great Place to Work

At GIC, we believe sustainable high performance is driven by high expectations and a commitment to excellence, as well as empowerment and flexibility. As such, we currently operate under a hybrid model in which most employees spend 4 days in office and 1 day working from home each week. This balance allows us to preserve the ‘office as a hub’ for ideation, professional growth, and interpersonal connection, while giving our employees the flexibility to do their best work and be their best selves.

We are an Equal Opportunity Employer

All applicants who qualify for the role will receive consideration for employment without regard to race, age, religion, sexual orientation, gender identity/expression, socio economic background or disabilities. GIC (Europe) is signed up to the Halo Code and a Disability Confident Employer. Please email [e-mail] at any point of the application or interview process if adjustments need to be made due to a disability.