Associate - Private Credit (Direct Lending), London

Overview
A leading global private credit investment platform is seeking an Associate to join its Direct Lending team in London. The firm focuses on providing bespoke financing solutions to high-quality, private equity-backed businesses across the UK and Europe. This role offers the opportunity to work within a high-performing investment team with significant capital to deploy, a collaborative culture, and a strong track record in upper-mid-market and large-cap financings.


Key Responsibilities

Investment Analysis & Execution
*Support the full lifecycle of the investment process, including origination, due diligence, structuring, financial modelling and credit analysis.
*Build and maintain detailed financial models, run sensitivities, and assess credit metrics to evaluate risk and return.
*Contribute to the preparation of investment committee materials, including credit papers, financial summaries, and risk assessments.
*Assist in coordinating third-party due diligence (commercial, financial, legal and operational) and synthesizing findings.
Portfolio Management
*Monitor existing portfolio investments, including reviewing monthly/quarterly reporting packages, updating financial models, and tracking covenant compliance.
*Prepare regular internal portfolio reviews and identify early warning signs or value-creation opportunities.
*Participate in amendment processes, refinancings, and follow-on financings where required.
Market & Deal Sourcing Support
*Conduct sector research to support sourcing and underwriting across a range of industries, with a focus on sponsor-backed transactions.
*Build and maintain relationships with private equity sponsors, advisors, and other market participants alongside senior team members.
*Contribute to the team’s market intelligence by tracking deal flow, competitor activity, and broader credit trends.


Candidate Profile

Experience & Background
*3-5 years of relevant experience in leveraged finance, private credit, direct lendin, or a related credit-focused role.
*Strong technical skills, particularly in financial modelling, credit analysis, and understanding of debt structures.
*Prior exposure to sponsored transactions is highly advantageous.
Skills & Attributes
*Exceptional analytical ability with strong attention to detail.
*Clear, concise written and verbal communication skills.
*Ability to work effectively in a lean, collaborative environment.
*Commercial mindset with a strong drive to develop as an investor.
*High level of professionalism, integrity, and work ethic.


What the Role Offers

*Exposure to complex, high-profile private credit transactions across Europe.
*A supportive environment with direct access to senior investment professionals.
*Opportunity to develop strong underwriting, structuring, and portfolio management skills.
*A long-term career path within a growing and well-respected credit platform.