Equifind are delighted to be partnering with a fast-growing London-based specialist private credit fund deploying capital across SME cashflow, asset backed, real estate, forward flow and platform lending strategies.
To succeed in this role, you will be a technically strong Associate who wants to build real underwriting expertise, not just process deals. Your analysis will directly shape capital deployment decisions within a small, high performing team.
WHAT MAKES THIS ROLE DIFFERENT
Direct exposure to decision-makers in a small team
Genuine modelling responsibility from day one
Real responsibility in shaping lending recommendations
Exposure across multiple asset classes
Entrepreneurial environment without institutional bureaucracy
THE ROLE
Analysing raw borrower financials and loan tapes
Building bespoke Excel models from first principles to assess risk
Identifying inconsistencies and challenge borrower supplied assumptions
Constructing default curves, vintage analysis and roll-rate matrices
Modelling SME cashflow coverage and covenant headroom
Assessing platform underwriting methodologies where borrowers are onward lending
Assessing probability of default using quantitative and qualitative factors
Translating analysis into clear credit recommendations
Drafting concise internal credit papers
Interacting with origination channels (e.g. brokers) in the sourcing and filtering of deal flow
Supporting in relationship management and monitoring post investment
YOUR BACKGROUND
3–5 years' experience in:
Private credit
Structured or specialty finance
Asset-backed lending
Loan portfolio analysis
Structured products
You will also have built up these technical skills:
Building complex Excel models from a blank workbook
Handling large loan level datasets
Constructing vintage, cumulative default and roll-rate analysis
Designing multi-scenario stress cases
Reconciling inconsistencies in borrower data
Applying different analytical frameworks depending on asset class
Using advanced Excel functions (pivot tables, XLOOKUP/INDEX-MATCH, SUMIFS, dynamic modelling logic)
CULTURE & ENVIRONMENT
Analytical and performance driven
Entrepreneurial rather than institutional
Flat in structure with high ownership
Office based to maximise collaboration
ABOUT YOU
Enjoy building rather than operating
Intellectually curious about risk
Comfortable making decisions with imperfect data
Thinks independently rather than relying on templates
Can switch analytical frameworks between consumer style portfolio modelling and SME cashflow underwriting
Package on offer £65,000-£75,000 base