Associate/VP - Structured Credit

  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Cobalt Recruitment
  • 18 Jan 18 2018-01-18

The firm is recognized as a global leader in managing opportunistic value investments, including loan portfolios, real estate, corporate securities and special opportunities. The team is focused on distressed and credit-intensive assets and market inefficiencies. Today, this team has approximately $10 billion in assets under management in both credit and real estate strategies.

Position Overview

This is a high profile role in a small, high impact team. The successful candidate will be required to work with investment advisors and senior stakeholders to develop and achieve business strategies on existing deals. There will also be a need to provide analysis to support commercial decisions for the purpose of pricing new structured credit and loan portfolio opportunities across Europe in a variety of asset classes. This role is based in the UK but will likely involve travel.

Principal Accountabilities:

  • Collaborate with investment advisors to develop a clear understanding of value and risks in existing and new investment opportunities
  • Develop and maintain cashflow models across a variety of asset classes to support o structuring and execution of both public and private structured debt facilities o loan portfolio valuation and purchase and sale pricing decisions
  • Work with the Structured Credit team to evaluate current opportunities in the ABS primary and secondary bond markets
  • Build statistical models as appropriate throughout deal life-cycles, for risk, propensity to pay, attrition etc. working with external data vendors and servicing partners
  • Develop and carry out performance analysis and reporting on bought portfolios and asset management partners including liaison and reporting to funding partners
  • Work with servicing partners to develop their data and reporting
  • Help assist in the analysis and evaluation of different exit strategies
  • The role includes responsibilities for structured credit and loan portfolio investments across the global loan portfolio team but will be primarily focussed on Europe

Skills Required:

  • Demonstrated in depth experience in structured credit
  • Highly analytical and creative mind set with a strong commercial orientation and an ability to identify key commercial factors and communicate these in an effective manner
  • Interest and capability to understand core business and value issues and deliver results from a strategic perspective
  • Highly proficient in Excel for cashflow model development and large volumes of data
  • Strong interpersonal skills
  • Ability to work independently, be self-motivated, strong attention to detail coupled with a commercial overlay
  • Experience in financial services sector

Preferred Experience:

  • Experience of both trading and structuring within an IB or Buyside Credit investor
  • Experience in Bloomberg/Intex Deal analytics
  • Experience in SAS for data processing, analysis and statistical modelling
  • Experience in VBA
  • Educated to Master's degree level in Statistics, Mathematical Modelling, Econometrics or similar with significant exposure to advanced mathematical or statistical methods
  • Business fluency (spoken and written) in one or more European languages (other than English)
  • Demonstrable business experience working across one or more European geographies (other than the UK)