Associate, Private Credit

Invesco UK; Greater London; Hybrid; GBP 75,000 - 110,000; Full time

Benefits offered by this job

Company-provided healthcare

Competitive annual leave

Flexible hybrid working

Generous pension provisions

Income protection

Health and wellness benefits

Volunteering days

Enhanced parental leave

Life insurance

Job summary

Invesco UK is seeking an Associate - Private Credit to join the Bank Loans team in London. You will work across senior secured loans and high-yield bonds, performing credit analysis and supporting portfolio construction within a collaborative investment environment.

The role offers exposure to leveraged finance, strong modelling requirements, and opportunities to engage with senior stakeholders. Hybrid working arrangements are available.

Qualifications

• Experience as a credit, leveraged finance, or corporate finance analyst.
• Strong proficiency in Microsoft Office, especially Excel and Word.
• Bachelor's degree required; CFA qualification beneficial.
• Additional European language(s) preferred.

Responsibilities

• Review and prepare credit theses for new senior secured loan and high-yield bond investments.
• Produce detailed credit proposals including company/industry analysis, cash-flow projections, and collateral adequacy.
• Present investment recommendations to the Investment Committee.
• Develop views on entry/exit yields for existing and potential investments.
• Build knowledge across 2–3 industries and cover all senior loan/high-yield opportunities.
• Manage 25–30 loan/bond positions; conduct ongoing monitoring and rating reviews.
• Engage with management meetings, site visits, and syndicate desks to evaluate opportunities.
• Review loan/bond documents with seniors; maintain market sentiment insights.
• Assist in workout and restructuring of distressed positions.
• Maintain electronic credit files and ensure compliance with Conduct Principles.

Skills

Credit analysis

Financial modelling

Excel

Word

Languages

Education

Bachelor's degree

CFA qualification beneficial

Job description

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.

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.

Among your responsibilities will be:

• 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.