Leveraged Finance Research – Associate Director at M&G plc | GB | Rezi

Leveraged Finance Research – Associate Director at M&G plc

Leveraged Finance Research – Associate Director

M&G plc · GB

1 weeks ago

Leveraged Finance Research – Associate Director

M&G plc · GB

12 days ago
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About the Role

The Leveraged Finance Research Analyst delivers high-quality research and analysis to support investment and credit decisions. This role focuses on assessing leveraged finance and private credit investments, monitoring market developments, and producing clear, accurate analysis. You will work closely with senior analysts, fund managers, and stakeholders, combining analytical expertise with sound judgment.

Responsibilities

  • Evaluate new and existing leveraged loan and direct lending investments, considering financial performance, capital structures, credit quality, and risk.
  • Research companies and sectors, review due-diligence materials, and identify information relevant to investment decisions.
  • Build and maintain financial models covering historical performance, forecasts, sensitivities, liquidity, debt capacity, leverage, and covenant headroom.
  • Research, assess, and present relevant ESG considerations.
  • Attend company management meetings and presentations, preparing focused questions and evaluating provided information.
  • Prepare clear written investment submissions and present recommendations to the credit committee.
  • Review legal documentation as part of the investment-analysis process.
  • Present in credit committee meetings and respond constructively to challenge.
  • Monitor a portfolio of existing investments and provide timely credit-event updates to fund managers.
  • Analyze existing investments and make evidence-based purchase, hold, or sell recommendations.
  • Build trusted relationships with credit analysts, fund managers, investment teams, and other stakeholders.
  • Work alongside, support, and help train junior team members.
  • Support continuous improvement initiatives to enhance research quality, efficiency, and risk management.
  • Ensure all activities are delivered in line with applicable policies, procedures, and regulatory requirements.

Requirements

  • Demonstrable years of experience in leveraged finance, high yield corporate credit, direct lending, or a closely related investment discipline.
  • Deep knowledge of sponsor-backed corporate credit and capital structures across multiple sectors and jurisdictions, including leveraged loans, high-yield bonds, and private credit instruments.
  • Proven track record to convert complex financial and qualitative information into concise, evidence-based recommendations.
  • Strong understanding of credit agreements, bond indentures, covenant packages, security structures, intercreditor terms, and restructuring or recovery mechanics.
  • Strong stakeholder management skills and the ability to influence through expertise and insight.
  • Excellent written and verbal communication skills, including experience presenting analysis and responding to challenge.
  • Ability to work independently, use initiative, and exercise sound judgment within established investment and control frameworks.
  • Strong organization and prioritization skills, with the flexibility to respond to changing market conditions and investment requirements.
  • Collaborative approach, with the ability to work effectively across investment teams and other business areas.
  • Advanced skills in Excel, Bloomberg, AI, and relevant corporate-credit research platforms.

Skills

  • Excel
  • Bloomberg
  • AI
  • Corporate-credit research platforms

Location

  • UK

Work Type

  • Flexible working arrangements

Benefits

  • Pension scheme of up to 18% (13% employer, 5% employee)
  • Share Save and Share Incentive Plan
  • Financial wellbeing and support services
  • 38 days annual leave (including bank holidays)
  • Opportunity to purchase up to five extra days of leave
  • Time Off When You Need It policy
  • Inspiring Families policy (comprehensive support and paid parental leave for maternity, adoption, surrogacy, and paternity)
  • Private Healthcare
  • Critical Illness cover
  • Life Assurance
  • Additional family options for Health & Protection cover

About the Company

  • M&G has a heritage dating back more than 175 years with a long history of innovation in savings and investments, combining asset management and insurance expertise.
  • Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
  • We are creating an exceptional place to work for exceptional talent by telling it like it is, owning it now, and moving it forward together with care and integrity.
  • We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.

Equal Opportunity

  • At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent.
  • We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.
  • M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions.
  • We are committed to providing an inclusive recruitment process.
  • All candidates have the opportunity to request reasonable adjustments when applying.
  • If you need any additional support at any stage, please contact us at: careers@mandg.com