Junior Analyst - Private Credit (6 Month FTC)

Invesco is driven by a pure focus on investment. It’s all we do. We focus on doing work that matters and being a firm that gives a voice to every employee. In fact, we make a promise to our clients and each other to create greater possibilities together. We’re looking for people who have new perspectives. Who can come together to share ideas, listen and challenge each other to achieve better solutions for our clients.

About the Team

• One of the longest established and most active leveraged loan market and private credit participants in Europe with a strong track record of investing c. $9bn+ in European Leveraged Loans
• Small team offering high responsibility and strong opportunity to develop
• Exposure to various situations in private credit such as performing credit, distressed credit, work-out situations, and mid-market deals

Your role

We’re recruiting for a highly motivated and intellectually curious recent graduate to join our team on a 6-month fixed term contract. Do you have a passion for credit analysis and learning more about the leveraged finance and high yield bond markets? This 6-month opportunity will give you some phenomenal exposure to the analysis of investment opportunities and to making well researched and considered investment recommendations. 

You'll be involved in:

• Building up knowledge of the private debt market with focus on leveraged finance and high yield bonds. Learn to analyse investment opportunities and make investment decisions within those sectors in primary and secondary markets. 
• Developing credit analysis and financial modelling skills to assist in the preparation of credit proposals to include company and industry analysis, capital structure analysis, cash flow projections, evaluation of collateral adequacy, management, lead lender, sponsor quality and view on local restructuring regime.
• Monitoring and reviewing existing transactions including historical financial analysis, cash flow modelling and projections, industry analysis and assessments and review of internal and external ratings. 
• Building and maintaining quarterly financial projection models.
• Assisting in providing timely updates to senior members of the team on financial results and developing credit situations.
• Working together with senior analysts and external advisors on restructuring and work-out situations including potential for structured balance sheet liability management transactions.
• Assisting senior analysts in making on-going buy/sell/hold decisions through identification of relative value opportunities. 
• Participating in management meetings, investor conferences and other events to develop industry and company specific knowledge. 
• Developing relationships and maintaining dialog with company management teams, rating agencies, sell-side and fellow buy-side analysts to develop investment perspectives. 
• Developing skills to review senior secured loan and high yield bond documentation for new transactions and amendments.
• Participating in in-depth discussions with Syndicate Desks, Sell side Analysts and Private Equity houses on primary and secondary investment opportunities.
• Building up a network of contacts within the peer group to help assess market sentiment on amendments and new deals.
• Building knowledge on ESG frameworks (Environmental, Social, Governance) and undertake ESG analysis of potential and existing investments.

Sound exciting? 

You’ll need a degree with a strong analytical basis, and you’ll love using your quantitative and qualitative research skills to produce innovative and thoughtful ideas. Your financial modelling skills will also be highly developed. We’re looking for someone with an appetite to learn and the ability to work both independently and as part of our dynamic team.

The good stuff

We have an outstanding benefits package, which includes:

• Competitive salary and bonus
• Company-provided healthcare
• 26 days’ annual leave + bank holidays
• Generous pension provisions
• Income protection
• Health and wellness benefits
• Volunteering days
• Enhanced parental leave
• Life insurance

Our commitment to you

We recognise that everyone is different and that the way in which people want to work and deliver at their best is different for everyone.  As part of Invesco’s commitment to ensuring our teams have the broad range of experiences and backgrounds required to promote diversity of thought, and to maintaining a positive, engaging work environment, we champion flexible working. 

Please feel free to discuss flexible working options with us. 

Our commitment to the community and environmental, social and governance investing

We partner with charitable organisations globally to make an impact in the communities where we live and work. Our people are encouraged to support the charities they feel most passionate about.  We are also committed to environmental, social and governance (ESG) investing. We serve our clients in this space as a trusted partner both on specific responsible investment product strategies as well as part of our commitment to deliver a superior investment experience. 

Join Us

We’re proud to be a firm that achieves more together. One that is focused on doing work that matters. One that gives a voice to every employee. One that genuinely cares. By coming together to share our ideas, listen, and challenge each other’s perspectives, we get to better solutions for our clients. 

Our ambition is high. By working smart and supporting one another, we can continuously push ourselves to grow. We all have the opportunity to make a meaningful impact on our business, our industry, and our clients’ lives.

Let’s create greater possibilities together!

People with disabilities:
We want to give all our candidates the best opportunity to shine.  If you need any adjustments to be made during the application and selection process, please send an e-mail to (emea-talentacquisition@invesco.com). Please include your name, the job you are interested in, and the type of adjustment you need.

Recruitment Agencies: 
Invesco has an in-house recruitment team, which focuses on sourcing great candidates directly. Invesco will not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact hiring managers directly.