Associate, Private Credit EMEA

The Carlyle Group; England; On-site; GBP 30,000 - 45,000; Part time

Job summary

A financial services firm in the UK is seeking an Associate for its Private Credit team in London. The role involves analyzing and executing new investment opportunities across the UK and Europe. Candidates are expected to have strong quantitative and financial modelling skills and must be proactive in addressing investment challenges. This fast-paced environment allows for learning and professional development while working closely with senior professionals. Entry-level position with temporary employment type.

Qualifications

• 2-3 years' experience in Investment Banking or Private Credit.
• Strong understanding of financial valuation methods.
• Good communication and presentation skills.

Responsibilities

• Evaluate potential investment opportunities across various industries.
• Develop and assess dynamic operating models and credit analysis.
• Interact with advisors and management teams for due diligence.

Skills

Strong quantitative skills

Financial modelling

Analytical skills

Excellent Excel knowledge

Research skills

Interpersonal skills

Communication skills

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.

Location: London, England, United Kingdom

Primary Responsibilities

• The Associate is expected, as part of a team and with guidance, to evaluate potential investment opportunities across a wide range of industries and geographies.
• Be able to 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.
• Whilst 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.

Requirements

• 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 and 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.

Seniority Level

• Entry level

Employment Type

• Temporary

Job Function

• Finance

Industries

Financial Services, Investment Management, and Venture Capital and Private Equity Principals