Credit Analyst, Manager - Leveraged Finance

M&G Investments

We are not your average financial services firm and our unique culture is just one aspect that makes us stand out from the crowd. We offer a supportive environment that encourages innovation and creativity whilst maintaining a healthy lifestyle balance. You will be joining one of Europe's leading Investment Management firms where you can expect real responsibility and recognition from day one. We are large enough to offer a wide variety of career opportunities, whilst small enough to treat you as an individual and tailor training and development to your specific needs.

Purpose

You will be supporting existing credit analysts in evaluating new leveraged loan investment opportunities for funds managed by the team and monitoring existing investments.

This role will involve working closely with senior credit analysts, fund managers, and key stakeholders across the business.

Key Responsibilities

  • Supporting senior credit analysts on the evaluation of new and existing leveraged loan investments including:
  • Researching information and reviewing due diligence on companies
  • Financial modelling of companies historic and projected financials
  • Attending management meetings/presentations
  • Assisting in the preparation of first and final stage papers for credit committee
  • Learning about legal documentation
  • Attendance at credit committee meetings, including for other investments
  • Monitoring a portfolio of existing investments and providing credit events updates to fund managers and senior credit analysts
  • Analysis for making purchase/sell recommendations on existing investments to the fund managers
  • Develop and maintain strong relationships with key internal and external stakeholders including, credit analysts, fund managers, investments teams.

Job & Personal Skills

This role is ideally suited to you if you can demonstrate:

  • Strong analytical skills and attention to detail
  • Excellent oral and written communication skills
  • High level of proficiency in Excel and excellent financial modelling skills
  • Ability to interpret and model key financial statements - balance sheet, P&L and cash flow statements
  • Highly motivated person and self-starter: ability to work independently and use initiative
  • Ability to prioritise, meet deadlines and work under pressure
  • Team oriented person and ability to work across different business units
  • Solid understanding of the world of leveraged finance and private equity
  • Track record of successful decision making on imperfect information

Knowledge & Experience

  • Credit analysis experience within Leveraged Finance (origination team at an Investment Bank, Private Debt manager, CLO)
  • Experience in researching, analysing and evaluating credit investment opportunities (business model, competitive dynamics, industry regulation, past and future performance, quality of a management team)
  • Demonstrable experience in preparing investment committee credit papers, with a particular focus on the financial model along with downside sensitivities.
  • Involvement in presenting investment recommendations to relevant internal credit committees
  • Familiarity with legal documentation / some involvement in the negotiation of credit agreements desirable.

M&G is committed to a diverse and inclusive workplace. Our role as an employer is very simple - to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.

We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.