Private Credit Financial Analyst, London

55,000 - 60,000 + Benefits

The Analyst will focus on the ongoing risk management and surveillance of client's investments in various private credit and other investments.

This role involves ensuring that all investments are in compliance with the client's risk appetite, it's established policies and procedures, and the services provided are delivered within the relevant Service Level Agreements (SLAs).

A key requirement of this role is the continuous and regular monitoring of the loan portfolio. This includes:

Conduct thorough analysis of financial statements, including income statements, balance sheets, and cash flow statements, to assess the borrower's financial health.
Covenant Performance Information: Monitoring the borrower's adherence to agreed-upon covenants.
Stay informed about market trends and economic conditions that could impact investments.
Identifying potential risks in the loan portfolio and develop strategies to mitigate them.
Engaging in regular communication with borrowers to discuss their financial status, address any concerns, and ensure transparency.
By maintaining a proactive approach to management and communication, the analyst ensures that any potential issues are identified and addressed promptly, thereby safeguarding the client's investments and fostering a collaborative relationship with borrowers.
Carry out thorough analysis of borrower's financial statements to assess financial health and assign internal rating.
Identifying potential risks in the loan portfolio and implementing strategies to mitigate these risks.
Developing contingency plans to address potential issues before they escalate.
Manage multiple deliverables, meet pre-agreed deadlines and deliver a consistent high quality of service to clients, both internal and external, whilst adhering to policies and procedures.
Providing regular updates to clients on the status of their investments. Addressing client inquiries and concerns promptly and professionally.
Ongoing Portfolio Monitoring and Analysis
Review of Management Information, monitoring of financial covenants as well as ongoing review of borrowers' e.g. cash position and working capital headroom, pipeline of contracts, aged debtors and creditors, other key performance indicators which are appropriate to monitor.
Ensure timely covenant tracking with adequate recording in relevant credit management system.
Review of cash flow projections and business plans.
Preparation of robust and concise internal credit papers (credit review, waivers/amendments) according to agreed formats and in a timely manner for review by line manager to obtain relevant client approvals during loan life.
Preparation of watch-list reports incl. forward looking credit risk assessment, discussing trends and challenges of individual borrowers, provide advice regarding possible resolutions or exit strategies.
Review of legal documentation (incl. the facility agreements, any amendments, any subordination agreements and any reservations of rights letters).
Review of the borrower's corporate structure (incl. shareholding, identity and role of directors, the debt structure (WCFs, Senior TLs, Junior TLs) and other liabilities (payables, deferred, lease liabilities, pension liabilities).
Review of security (incl. any guarantees) and related documentation (incl. any subordination agreements).
Lead the negotiation for any kind of waiver or amendment requests, early repayments and restructurings of payment schedules with borrower and client.
Maintain electronic credit files for respective deals, ensuring key documents have been saved before submission of approval requests (in accordance with client's guidelines and naming conventions).
Discuss/negotiate any kind of waiver requests, early repayments and restructurings with borrowers/agents and other external/internal parties e.g. lawyers.
Attend site visits and borrower meetings (as required).
Contribute to regular and ad hoc reporting requests, the client and its auditors on the portfolio, the sector and the specific deals.

Who we are looking for:

University degree and at least 3 years working experience in relevant field in Corporate or Private Credit, risk or portfolio management.
High level of familiarity of MS Excel (ideally including VBA), Word, PowerPoint and/or other data processing and analysis tools.
Good understanding and knowledge of credit risk drivers and risks inherent in the respective borrower industry sectors.
Proven ability to analyse financial reports and provide concise and forward-looking assessment of credit risks.
Ideally, a track record in negotiating loan restructurings (covenant resets, payment schedule amendments, fresh money injections) and the ability to improve results for client.
Good analytical and technical skills and ability to understand loan documentation, financing structures and financial models.

Services advertised by Gold Group are those of an Agency and/or an Employment Business.
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