Kennedy Pearce are currently partnering with a leading Loan Servicing company based in London, who offer Hybrid working and excellent benefits, in recruiting a Credit Analyst to join their Corporate debt and Structured Finance division
The successful candidate will have extensive Investment or Private Credit Analysis coupled with Portfolio management experience and must have previously worked in either Corporate or Private Credit Analysis and portfolio management
Job Purpose
You will be responsible for the ongoing management of client investments in various private credit and other investments, whilst preparing robust and concise internal credit papers (credit review, waivers/amendments) according to agreed formats and in a timely manner during loan life.
Key Responsibilities
* Continuous and regular monitoring of the loan portfolio.
* Financial Analysis: 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.
* Market Analysis: Stay informed about market trends and economic conditions that could impact investments
* Direct Communication with Borrowers: 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.
* 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.
* 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).
Essential Skills and Competencies
* University degree and at least 3 years working experience in relevant field in Corporate or Private Credit Analysis or portfolio management.
* High level of familiarity of MS Excel (ideally including VBA), Word, PowerPoint and/or other data processing and analysis tools.
* Proven ability to analyse financial reports and provide concise and forward-looking assessment of credit risks
* 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.
* Comfortable in a client facing role and the ability to confidently present recommendations up to client’s committee level.