Associate, Private Credit

Invesco; Greater London; Hybrid; GBP 70,000 - 95,000; Full time

Benefits offered by this job

Company healthcare

Annual leave

Hybrid working

Pension

Income protection

Health and wellness benefits

Volunteering days

Enhanced parental leave

Life insurance

Job summary

Invesco is seeking an Associate – Private Credit to join the Bank Loans team in London. The role offers exposure to senior secured loans and high‑yield bonds, with opportunities to develop sector expertise, perform fundamental credit analysis, and contribute to portfolio construction.

The successful candidate will conduct credit theses, build financial models, and interact with management teams and market participants in a collaborative environment.

Qualifications

• Experience as a credit, leveraged finance, or corporate finance analyst (buy-side, sell-side, rating agency, PE, consulting, or similar).
• Strong proficiency in Microsoft Office, especially Excel and Word.
• Bachelor’s degree required; CFA qualification beneficial.

Responsibilities

• Review and prepare credit theses for new senior secured loan and high‑yield bond investments (fixed and floating).
• Produce detailed credit proposals, including company and industry analysis, capital structure assessment, cash‑flow projections, collateral adequacy, management quality, lender and sponsor strength, and restructuring considerations.
• Present well‑argued investment recommendations to the Investment Committee.
• Develop clear views on entry and exit yields for both existing and potential investments.

Skills

Credit analysis

Leveraged finance

Corporate finance

Education

Bachelor's degree

CFA (beneficial)

Tools

Excel

Word

Job description

As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

Job Description

We have an outstanding benefits package which includes:

• Company-provided healthcare
• A competitive annual leave allowance
• Flexible working options, including hybrid working arrangements
• Generous pension provisions
• Income protection
• Health and wellness benefits
• Volunteering days
• Enhanced parental leave
• Life insurance

Your job:

We’re looking for an Associate – Private Credit to join our Bank Loans team in London !

This is an exciting opportunity to work across senior secured loans and high‑yield bonds while developing deep sector expertise, driving fundamental credit analysis, and contributing directly to portfolio construction. If you enjoy analytical work, want to deepen your understanding of leveraged finance, and thrive in a collaborative investment environment, we’d love to hear from you.

Investment Analysis & Credit Underwriting

• Review and prepare credit theses for new senior secured loan and high‑yield bond investments (fixed and floating).
• Produce detailed credit proposals, including company and industry analysis, capital structure assessment, cash‑flow projections, collateral adequacy, management quality, lender and sponsor strength, and restructuring considerations.
• Present well‑argued investment recommendations to the Investment Committee .
• Develop clear views on entry and exit yields for both existing and potential investments.

Sector Coverage & Monitoring

• Build in‑depth knowledge across 2–3 industries and maintain full coverage of all senior loan and high‑yield opportunities within those sectors.
• Work toward taking responsibility for 25–30 loan and bond positions .
• Conduct ongoing monitoring, including financial analysis, cash‑flow modelling, rating reviews, collateral assessments, and performance tracking.
• Identify relative value opportunities and make informed buy/sell/hold recommendations.
• Actively generate new investment ideas within your coverage universe.

Market Interaction & Due Diligence

• Participate in management meetings, site visits, plant tours, and inspections.
• Engage with syndicate desks , sell‑side analysts , and private equity sponsors to evaluate both primary and secondary investment opportunities.
• Review loan and bond documentation for new transactions and amendments, in collaboration with senior analysts and team leaders.
• Build and maintain a strong network of peers to understand market sentiment on amendments and new deals.

Distressed & Special Situations

• Assist in the workout and restructuring of distressed positions.
• Support senior team members in evaluating complex secondary and stressed opportunities.

Risk Management & Administration

• Maintain accurate electronic credit files, compliance reports, collateral records, and exposure reporting.
• Ensure all activities align with Invesco’s Conduct Principles .

What you can bring

• Experience as a credit, leveraged finance, or corporate finance analyst (buy-side, sell-side, rating agency, PE, consulting, or similar).
• Strong proficiency in Microsoft Office , especially Excel and Word.
• Bachelor’s degree required; CFA qualification beneficial .
• Additional European language(s) preferred.
• Strong analytical skills with the ability to “join the dots” and see the bigger picture.
• Excellent financial modelling, quantitative, and qualitative assessment capabilities.
• Clear written and verbal communication skills; comfortable presenting to senior stakeholders.
• Highly organised, detail-oriented, and able to manage multiple priorities.
• A proactive, solution-oriented mindset with strong integrity and teamwork skills.

Disability Confident Scheme

Applicants who opt in to the Disability Confident Scheme and meet the criteria for the role will be offered an interview. We are committed to providing an inclusive recruitment process for all candidates who make an application. By opting-in to this scheme, applicants will be disclosing that they have a disability solely for the purpose of the Disability Confident Scheme.

The Disability Confident Scheme only guarantees an interview – it does not automatically mean that applicants interviewed will gain employment with Invesco at that time.

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

Yes

Workplace Model

Pursuant to Invesco’s Workplace Policy, employees are expected to comply with the firm’s most current workplace model, which as of October 1, 2025, includes spending at least four full days each week working in the role's advertised office. This reflects our belief that spending time together in the office helps us build stronger relationships, collaborate more easily, and support each other’s growth and development.

We promote a working environment that welcomes everyone and creates inclusive teams, celebrates difference and encourages everyone to be themselves at work.

Our commitment to the community and environmental, social and governance investing:
We partner with charitable organisations globally to make an impact in the communities where we live and work. Our people are encouraged to support the charities they feel most passionate about. We are also committed to environmental, social and governance (ESG) investing. We serve our clients in this space as a trusted partner both on specific responsible investment product strategies as well as part of our commitment to deliver a superior investment experience.