Senior Analyst/Associate, Credit Investment
PSP Investments · London, United Kingdom · 1mo ago
ABOUT US
We’re one of Canada’s largest pension investors, with CAD$320.6 billion of net assets as of March 31, 2026.
We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.
Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.
ABOUT THE TEAM
The Credit Investments team focuses on direct, Investment-Grade and Non-Investment Grade credit solutions, in both private and public markets, with a focus on Sponsor Acquisition Financing and Infrastructure Credit opportunities. Our global team is represented in New York, London and Montreal and invests in large positions across the capital structure in private and public debt facilities. As of March 31st, 2026, Credit Investment’s portfolio stood at CAD$35.1 billion.
We’re seeking a Senior Analyst or Associate, Credit Investments in London to contribute towards the growth and management of PSP’s Credit Investments (CI) portfolio in Europe. The Senior Analyst or Associate will be an active member of the CI team on all aspects of the private debt lending process and monitoring including investment screening, financial modelling and accounting analysis, industry and sector analysis, transaction due diligence, participation in investment decision process, assisting with the drafting of legal documentation, preparation of investment recommendation memos and post-lending portfolio monitoring.
ABOUT YOUR ROLE
As a Senior Analyst or Associate, Credit Investments, you’ll:
Investment Analysis and Conducting Transactions:
Perform preliminary analysis of CI investment opportunities: review marketing materials, public information, analyze existing credit documents and review equity, fixed income and ratings reports
Participate in due diligence of CI investments, identify key investment merits and risks, meet with management teams, review data-room documentation and third-party reports
Build detailed financial models, including running downside scenarios, review of financial projections
Participate in the preparation of investment recommendation memorandums for investment approval
Participate in the presentation of investment proposals to the Investment Committee
Develop relationships and liaise with investment professionals at CI’s partner firms
Interface with Legal, Risk and Tax groups in the review of proposed investments
Monitoring & Administration of Investments:
Review monthly, quarterly and annual (as applicable) financial report packages from portfolio companies and explain variance vs. underwritten cases; and track performance vs. internal Risk Management Group (“RMG”) guidelines
Prepare periodic reports and undertake various analyses on portfolio status and performance
Identify and assess opportunities on the secondary market
Interface with the Finance and Operations departments as required
Any other tasks as may be required
WHAT YOU’LL NEED
Two (2) to four (4) years of experience performing the above tasks at a similar Credit fund, in Leveraged Finance, Structured Finance or Investment Banking
Direct credit investing experience is considered an asset
Excellent financial and accounting analytical skills
Very good attention to detail and presentation of information
Superior level of proficiency with business software and analytical tools
English required, bilingualism an asset
Business or comparable university degree with high academic standing
Professional designation: completed final level of CFA is considered an asset
We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:
- Investment in career development
- Comprehensive group insurance plans
- Competitive pension plans
- Unlimited access to virtual healthcare services and wellness programs
- Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers
- A personalized family-building support, from pre-pregnancy to menopause, with available financial assistance
- Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off
- A hybrid work model that includes four in-office days, Monday through Thursday
- The opportunity to work temporarily from another location in accordance with the applicable policy
*Benefits package may vary based on your employee type.
At PSP Investments, we aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.
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