Credit Analyst

Team members closely collaborate with GuarantCo’s Investment Team, responsible for deal execution and management post-financial close, alongside the Finance Team, colleagues across the broader PIDG Group, clients, and other external stakeholders.

The Credit Analyst, based in London, is to work alongside Credit Managers in evaluating new transactions and portfolio-related proposals. Responsibilities include reviewing deal-related materials and conducting independent research to help assess the risk profile of a given transaction, conducting thorough analysis of financial statements and models, along with other tasks related to fundamental due diligence. This will involve a diverse range of borrowers, spanning project and corporate finance deals across sectors like power generation, water, road infrastructure and manufacturing, as well as non-banking financial institutions, alongside structured finance transactions. The findings will be communicated both verbally and in written form.

Furthermore, the Credit Analyst will contribute to improving GuarantCo’s risk management frameworks, which include Probability of Default and Loss-Given Default models and enhancing the structure of reporting on the portfolio’s credit quality and sovereign risks. The role will also entail a small set of administrative duties, such as taking minutes during committee minutes and assisting teams with scheduling of committees.

GuarantCo mobilises private sector local currency investment for infrastructure projects and supports the development of financial markets in lower income countries across Africa and Asia. GuarantCo is part of the Private Infrastructure Development Group (PIDG) and is funded by the governments of the United Kingdom, Switzerland, Australia and Sweden, through the PIDG Trust, the Netherlands, through FMO and the PIDG Trust, France through a stand-by facility and Global Affairs Canada through a repayable facility.

GuarantCo is rated AA- by Fitch and A1 by Moody’s. Since 2005, GuarantCo has enabling USD 6.2 billion of total investment and USD 5.2 billion of private sector investment, giving 45.2 million people improved access to infrastructure and creating around 229,000 jobs. GuarantCo’s activities are managed by GuarantCo Management Company (GMC) which is part of Cardano Development.

The GMC team is small, diverse, focused, collaborative and action orientated. We are looking for candidates who have the experience to deliver against the responsibilities of the role and who are passionate about making a difference whilst working in an entrepreneurial and innovative environment.

The main work streams of the Credit Analyst are:

• Credit assessments:
  • Quality control of all credit applications, whether they be to the Credit or Portfolio Committees.
  • Work with the Investment Team and other teams on the seamless transition of a transaction through the process of credit application, living term sheet, and ultimately into documentation.
  • Independent analysis of credit risks pertaining to pipeline and portfolio transactions, based on deal-related materials, independent research, and interactions with the Investment Team and the clients.
  • Analyse historical financial statements, scrutinise financial models received from the borrowers or deal advisors and run model sensitivities.
  • Write credit notes to senior management outlining the credit risks associated with a specific transaction.
  • Contribute ideas and opinions on transaction-specific matters like structural enhancements and financial covenants. Additionally, review and draft sections of deal documentation.
  • Work closely and collaboratively with other areas within GuarantCo – e.g., Finance, Health, Safety, Environmental and Social (HSES), Sustainable Development Impact (SDI), Legal and Compliance.

• Risk frameworks and reporting:
  • Work with the Finance Team and the PIDG Risk Team in reviewing and maintaining the expected credit loss models, predominantly the Probability of Default and Loss Given Default scorecards, being recognised as the company’s expert in this respect.
  • Assist the Investment Team in implementing scorecards to accurately assess the credit profile of each transaction.
  • Work with Investment and Finance departments to enhance the credit portfolio reporting.

• Administrative / other:
  • Draft committee minutes and oversee their timely approval.
  • Monitoring of committee follow-up actions.
  • Any other duties as may be assigned from time to time.

Essential experience

• Credit risk assessment experience acquired through work at a DFI, bank, rating agency, consulting firm, or similar institution.
• Strong financial analysis skills.
• Experience of working in frontier/developing markets
• Proficient in Microsoft Office, particularly skilled in Microsoft Excel with a focus on financial modelling.
• Strong written and verbal communication abilities.
• Educated to undergraduate degree level or equivalent.

Desirable experience

• Understanding of structured / project finance transactions / NBFI transactions
• Ability to demonstrate understanding of lending and fixed income products.
• Familiarity with guarantees and similar products from Export Credit Agencies, multilateral and bilateral development institutions, monoline insurers etc.

Interpersonal

• Proactive, able to work independently and take ownership of and complete tasks in a timely and accurate manner.
• Team player but able to work self-sufficiently.
• Cultural awareness.
• Passion for development impact.
• Self-starter, able to collaborate closely with colleagues.
• Resilient, not put off by set-backs.
• Attention to detail.
• Analytical ability.
• Problem solving, ability to think laterally.
• Ability to manage own time and juggle different tasks accordingly.

Valuing diversity is essential to our work. We aim to act in accordance with and promote equality legislation by avoiding unjustified discrimination and recognising discrimination as a barrier to equality of opportunity, inclusion and human rights. All GMC employees are required to ensure their behaviour is consistent with our policies. GMC is committed to a policy of equal opportunity and is keen to reflect diversity at every level within the organisation.

If you are interested to apply for the role, please submit your CV and cover letter using below link.

https://hr.breathehr.com/v/credit-analyst-45477