Structured Products Credit Analyst

Barclays•New York, NY

4d•$178,402 - $250,000•Onsite

About The Position

Desk Analysts cover relevant sectors and credits and watch for news events. Desk Analysts work with Traders and Salespeople to convey company and market updates internally and externally to clients. Desk Analysts build financial models for the purpose of forecasting financial performance and evaluating capital structure opportunities. Desk Anaylsts spend significant time researching relevant companies and their industries to identify emerging trends which will impact subject company performance. Diligence consists of reading and understanding industry press, company financial reports and documents, expert interviews, and meeting with company management teams. Barclays Capital Inc. seeks Structured Products Credit Analyst in New York, NY (multiple positions available): Underwrite, structure, and execute loans to alternative asset managers across private, liquid, and structured credit including portfolio financings, continuation vehicles, NAV financings, asset-based loans, securitizations, structured repos, and total return swaps, in coordination with senior team members and origination, structuring, and trading teams, including analysis of transaction sizing, pricing, and structural terms. Perform fundamental credit analysis and due diligence on underlying loan and bond obligors within borrower portfolios, including detailed review of company business model, historical and projected financial performance, industry and competitive dynamics, capital structure, enterprise valuation, and qualitative assessment of management. Evaluate collateral eligibility and credit quality across diversified industries, including healthcare, technology, business services, industrials, gaming, and asset management, in accordance with internal underwriting standards and facility documentation. Screen and assess prospective transactions for the deal pipeline by evaluating incoming deal flow, conducting preliminary credit assessments, and preparing written screening memoranda for internal credit and investment committee review. Develop, maintain, and enhance complex financial models using Microsoft Excel to analyze portfolio level cash flows, advance rates, borrowing base calculations, collateral coverage, payment waterfalls, and downside stress and scenario analyses for proposed and existing credit facilities. Prepare detailed credit memoranda, approval packages, and presentation materials using Microsoft Excel and PowerPoint, summarizing transaction rationale, portfolio analytics, key risks, mitigants, structural protections, and recommended terms for review by senior management and credit committees. Design, implement, and maintain internal analytical and operational processes, including deal pipeline tracking, portfolio monitoring and reporting frameworks, and CRM related workflows using internal and third party platforms (e.g., DealCloud, iLevel), to support origination, underwriting, and ongoing portfolio management activities. Conduct industry and market research on private credit, CLOs, structured finance, leveraged lending, and broader capital markets to inform underwriting standards, portfolio risk management, and identification of new origination opportunities. Monitor market conditions and transaction benchmarks using Bloomberg, Pitchbooks, LCD Comps, CreditSights, LevFin Insights, and other third party data sources to support pricing analysis, relative value assessments, and market commentary. Support ongoing portfolio surveillance by reviewing borrower performance, covenant compliance, collateral performance metrics, and structural triggers, and by assisting with internal reporting and risk escalation as required.

Requirements

Build financial models for the purpose of forecasting financial performance and evaluating capital structure opportunities.
Research relevant companies and their industries to identify emerging trends which will impact subject company performance.
Reading and understanding industry press, company financial reports and documents, expert interviews, and meeting with company management teams.
Maintenance and updating of financial models, as well as client databases accurately.
Reports, presentations, and documentation preparation to support sales and trading activities.
Monitoring of market data, industry news, company news and assist in the analysis of financial information for trading decisions.
Monitoring financials and news flow for particular credits, sectors and general financial news
Using your understanding of fundamental credit to work with traders to develop trade ideas
Performing fundamental credit analysis on specific credits and developing actionable investment ideas for the trading desk
Participating in earnings/company calls, building financial models, and maintaining trading blotters
Underwrite, structure, and execute loans to alternative asset managers across private, liquid, and structured credit including portfolio financings, continuation vehicles, NAV financings, asset-based loans, securitizations, structured repos, and total return swaps, in coordination with senior team members and origination, structuring, and trading teams, including analysis of transaction sizing, pricing, and structural terms.
Perform fundamental credit analysis and due diligence on underlying loan and bond obligors within borrower portfolios, including detailed review of company business model, historical and projected financial performance, industry and competitive dynamics, capital structure, enterprise valuation, and qualitative assessment of management.
Evaluate collateral eligibility and credit quality across diversified industries, including healthcare, technology, business services, industrials, gaming, and asset management, in accordance with internal underwriting standards and facility documentation.
Screen and assess prospective transactions for the deal pipeline by evaluating incoming deal flow, conducting preliminary credit assessments, and preparing written screening memoranda for internal credit and investment committee review.
Develop, maintain, and enhance complex financial models using Microsoft Excel to analyze portfolio level cash flows, advance rates, borrowing base calculations, collateral coverage, payment waterfalls, and downside stress and scenario analyses for proposed and existing credit facilities.
Prepare detailed credit memoranda, approval packages, and presentation materials using Microsoft Excel and PowerPoint, summarizing transaction rationale, portfolio analytics, key risks, mitigants, structural protections, and recommended terms for review by senior management and credit committees.
Design, implement, and maintain internal analytical and operational processes, including deal pipeline tracking, portfolio monitoring and reporting frameworks, and CRM related workflows using internal and third party platforms (e.g., DealCloud, iLevel), to support origination, underwriting, and ongoing portfolio management activities.
Conduct industry and market research on private credit, CLOs, structured finance, leveraged lending, and broader capital markets to inform underwriting standards, portfolio risk management, and identification of new origination opportunities.
Monitor market conditions and transaction benchmarks using Bloomberg, Pitchbooks, LCD Comps, CreditSights, LevFin Insights, and other third party data sources to support pricing analysis, relative value assessments, and market commentary.
Support ongoing portfolio surveillance by reviewing borrower performance, covenant compliance, collateral performance metrics, and structural triggers, and by assisting with internal reporting and risk escalation as required.
Contribute or set strategy, drive requirements and make recommendations for change.
Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures.
Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives.
In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
Adopt and include the outcomes of extensive research in problem solving processes.
Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.
Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship.
Demonstrate the Barclays Mindset – to Empower, Challenge and Drive.

Nice To Haves

If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes.
They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction.
They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments.
They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.
Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
Manage and mitigate risks through assessment, in support of the control and governance agenda.

Responsibilities

Maintenance and updating of financial models, as well as client databases accurately.
Reports, presentations, and documentation preparation to support sales and trading activities.
Monitoring of market data, industry news, company news and assist in the analysis of financial information for trading decisions.
Monitoring financials and news flow for particular credits, sectors and general financial news
Using your understanding of fundamental credit to work with traders to develop trade ideas
Performing fundamental credit analysis on specific credits and developing actionable investment ideas for the trading desk
Participating in earnings/company calls, building financial models, and maintaining trading blotters
Underwrite, structure, and execute loans to alternative asset managers across private, liquid, and structured credit including portfolio financings, continuation vehicles, NAV financings, asset-based loans, securitizations, structured repos, and total return swaps, in coordination with senior team members and origination, structuring, and trading teams, including analysis of transaction sizing, pricing, and structural terms.
Perform fundamental credit analysis and due diligence on underlying loan and bond obligors within borrower portfolios, including detailed review of company business model, historical and projected financial performance, industry and competitive dynamics, capital structure, enterprise valuation, and qualitative assessment of management.
Evaluate collateral eligibility and credit quality across diversified industries, including healthcare, technology, business services, industrials, gaming, and asset management, in accordance with internal underwriting standards and facility documentation.
Screen and assess prospective transactions for the deal pipeline by evaluating incoming deal flow, conducting preliminary credit assessments, and preparing written screening memoranda for internal credit and investment committee review.
Develop, maintain, and enhance complex financial models using Microsoft Excel to analyze portfolio level cash flows, advance rates, borrowing base calculations, collateral coverage, payment waterfalls, and downside stress and scenario analyses for proposed and existing credit facilities.
Prepare detailed credit memoranda, approval packages, and presentation materials using Microsoft Excel and PowerPoint, summarizing transaction rationale, portfolio analytics, key risks, mitigants, structural protections, and recommended terms for review by senior management and credit committees.
Design, implement, and maintain internal analytical and operational processes, including deal pipeline tracking, portfolio monitoring and reporting frameworks, and CRM related workflows using internal and third party platforms (e.g., DealCloud, iLevel), to support origination, underwriting, and ongoing portfolio management activities.
Conduct industry and market research on private credit, CLOs, structured finance, leveraged lending, and broader capital markets to inform underwriting standards, portfolio risk management, and identification of new origination opportunities.
Monitor market conditions and transaction benchmarks using Bloomberg, Pitchbooks, LCD Comps, CreditSights, LevFin Insights, and other third party data sources to support pricing analysis, relative value assessments, and market commentary.
Support ongoing portfolio surveillance by reviewing borrower performance, covenant compliance, collateral performance metrics, and structural triggers, and by assisting with internal reporting and risk escalation as required.