Associate, Private Credit EMEA

Carlyle Group; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global investment firm in London seeks an Investment Analyst to support its Private Credit team. This role involves analyzing investment opportunities and conducting financial modelling across various sectors in the UK and Continental Europe. The ideal candidate will have 2-3 years of experience in Investment Banking or Private Credit, strong analytical skills, and proficiency in Excel, and will thrive in a fast-paced environment. Professional integrity and proactive attitude are essential, along with excellent teamwork and communication skills.

Qualifications

• 2-3 years’ experience in Investment Banking or Private Credit.
• Strong technical skills with LBO and complex operating models.
• Solid organizational skills with the ability to prioritize tasks.

Responsibilities

• Evaluate investment opportunities across industries.
• Develop dynamic operating models and conduct credit analysis.
• Monitor existing investments and liaise with management.

Skills

Quantitative analysis

Financial modelling

Analytical skills

Interpersonal skills

Attention to detail

Tools

Excel

Job description

Our Private Credit team invests primarily in highly-structured and privately-negotiated capital solutions supporting corporate borrowers through secured loans, senior subordinated debt, mezzanine debt, convertible notes, and other debt-like instruments, as well as preferred and common equity in such borrowers. The team will also look to invest in special situations, event-driven opportunities that exhibit hybrid credit and equity features, as well as market dislocations, primary and secondary market investments in liquid debt instruments that arise as a result of temporary market volatility. An opportunity to work with the Private Credit team based in London. The role will involve analysing new investment opportunities throughout the UK and Continental Europe, as well as working in the execution of new investments in these regions. The environment is fast-paced and demanding, with a strong emphasis on learning about investing and development as an investment professional within the Private Credit sectors. Candidates will work directly with senior investment professionals on the team and will be encouraged to be proactive and to take ownership of important projects.

Responsibilities

• Evaluate potential investment opportunities across a wide range of industries and geographies.
• Assess and present clearly the strengths and weaknesses of a potential investment, on both a quantitative and qualitative basis.
• Develop dynamic operating models, perform fundamental credit analysis, evaluate returns potential, optimal capital structure, and exit scenarios.
• Develop and apply understanding of key aspects of loan and bond documentation, restructuring mechanics and insolvency regimes in various jurisdictions.
• Analyze capital structure and various debt instruments to establish most attractive entry point, based on fundamental business valuation and downside protection analysis.
• Interact with advisors and management teams to evaluate and underwrite investment opportunities as part of due diligence processes.
• Have a good understanding of capital structures and the potential levers for value creation, both financial and operational.
• Work within the team to help present opportunities to investment committee.
• Develop relationships with other market participants to identify general investment themes and specific opportunities.
• Monitor existing investments including liaising with management and senior team members.
• Work on potential portfolio add-on acquisitions or refinancing transactions.
• While the primary responsibility will be to evaluate potential investments opportunities for the Private Credit team, the candidate might also be involved in evaluating investment opportunities across the broader Carlyle credit platform.

Qualifications & Experience

• 2-3 years’ experience within Investment Banking and/or within Private Credit or Special Situation buy‑side.
• Eligible to work in the UK.
• Strong quantitative, credit, financial modelling and analytical skills.
• Excellent on Excel, technical skills i.e. ability to build an LBO model and complex operating models.
• Strong understanding of financial and accounting valuation methods.
• Understanding of key capital structure and credit concepts.
• Excellent research and due diligence skills with an aptitude for numeracy.
• Willing to take initiatives and drive the project forward to completion.
• Solid organizational skills, high attention to detail and ability to prioritize.
• Excellent interpersonal skills are required as well as being a team player.
• Self‑starter; has confidence in asking questions and ability to work independently in a fast‑paced environment and a willingness to learn.
• Good communication and presentation skills.
• Tenacious/persistent – with a desire to go the extra mile.
• Mature and hard‑working approach, strong executive presence.
• Personal and professional integrity of the highest order.

The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global investment firm with $465 billion of assets under management and more than half of the AUM managed by women, across 652 investment vehicles as of June 30, 2025. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world’s largest and most successful investment firms, with more than 2,300 professionals operating in 27 offices in North America, Europe, the Middle East, Asia and Australia. Carlyle places an emphasis on development, retention and inclusion as supported by our internal processes and seven Employee Resource Groups (ERGs). Carlyle’s purpose is to invest wisely and create value on behalf of its investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments – Global Private Equity, Global Credit and Carlyle AlpInvest – and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. At Carlyle, we believe that a wide spectrum of experiences and viewpoints drives performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." We strive to foster an environment where ideas are openly shared and valued. By bringing together teams with varied expertise and approaches, we enjoy a competitive advantage and create a stronger foundation for long‑term success.