Structured Products Credit Analyst

Barclays Capital Inc. seeks Structured Products Credit Analysts in New York, NY (multiple positions available).

Responsibilities

• 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. This includes 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, PitchBook, 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.
• Maintain and update financial models and client databases accurately.
• Prepare reports, presentations, and documentation to support sales and trading activities.
• Monitor market data, industry news, company news, and assist in the analysis of financial information for trading decisions.
• Monitor financials and news flow for particular credits, sectors, and general financial news.
• Use understanding of fundamental credit to work with traders to develop trade ideas.
• Perform fundamental credit analysis on specific credits and develop actionable investment ideas for the trading desk.
• Participate in earnings/company calls, build financial models, and maintain trading blotters.

Vice President Expectations

• Contribute to 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.
• If managing a team, define jobs and responsibilities, plan for the department’s future needs and operations, counsel employees on performance, and contribute to employee pay decisions/changes.
• Lead a number of specialists to influence the operations of a department, aligning with strategic and tactical priorities while balancing short- and long-term goals and ensuring budgets and schedules meet corporate requirements.
• For individual contributors, serve as a subject matter expert within your discipline, guide technical direction, lead collaborative multi-year assignments, and train, guide, and coach less experienced specialists.
• 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.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Collaborate with other areas of work to keep up to speed with business activity and strategies.
• Create solutions based on sophisticated analytical thought, comparing and selecting complex alternatives.
• Adopt and include outcomes of extensive research in problem-solving processes.
• Build and maintain trusting relationships and partnerships with internal and external stakeholders to accomplish key business objectives, using influencing and negotiating skills.

Qualifications

Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship. Demonstrate the Barclays Mindset – to Empower, Challenge, and Drive.

Pay

Minimum Salary: $178,402.00 per year. Maximum Salary: $250,000.00 per year. The salary range includes only base salary or base hourly rate. This position is eligible for incentives pursuant to the Barclays Employee Referral Program.