Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.
Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!
Origination Associate – Asset Based & Cash Flow Lending
G&LF provides financing to businesses (typically with EBITDA £2m-£75m) in the UK, Ireland and mainland Europe (specifically Benelux and DACH regions) for both financial sponsor and non- financial sponsor backed owners. Finance provision is typically event driven and includes growth capital, acquisition finance & management buyouts, leveraged finance & syndicated debt, refinances & recapitalisations and structured corporate lending. Our core capabilities include originating, structuring and arranging capital for financial sponsors, entrepreneurs and owner-managers and, thereafter, portfolio and balance sheet management.
We have been supporting UK and European businesses for more than 15 years and currently have £1.7bn AuM supporting 100+ clients.
We have a proactive, flexible and solutions-driven approach and seek to customise debt solutions that fit the client's needs. Structures are typically senior secured debt and unitranches, integrated asset-based & cash flow solutions, subordinated debt and minority equity, working capital and capex/acquisition facilities with the ability to provide underwrites and/or bridge structures where a client need exists. Target returns range from gross yields of 3.0% to 10.0%+. This provides our empowered investment professionals a wide platform to optimise origination efforts and to deliver financing certainty, rapidly, to clients all day, every day across the business lifecycle
An Associate level role within Asset Based & Cash Flow Lending will have the following primary focuses:
Performance and Development will reviewed via the team “Performance Lens” as follows:
Client, Connectivity & Collaboration
Financial Growth (short term)
Financial Performance (long term)
Internal effectiveness and risk consciousness
People and team
The core focus is to be on the following:-
Technical Knowledge & Skill set
Extensive knowledge of and credibility within the UK corporate market with strong external marketing / presentation skills. Deal origination skills are a fundamental requirement of this role and prior experience of corporate debt origination and execution is highly advantageous (either cash flow lending, asset based lending or both).
An existing client base with established management relationships.
A high level of competence in the analysis of company financial statements, business / operational and financial risks for the purpose of assessing potential opportunities.
Highly numerate with strong execution and structuring skills and a proven ability to execute and drive forward strategic plans to meet financial targets set against proven risk assessment, monitoring and control skills.
A deep knowledge of Structured Finance and Investment Markets. The identification and structuring of appropriate financing solutions and the negotiation of legal documentation.
In depth and demonstrable knowledge of all aspects of the internal Credit authorisation process / policy.
Ensuring full compliance with internal Procedures / Compliance / Organisational policies and frameworks in order to maintain the teams licence to operate.
Knowledge of all parts of Investec's product offering.
A high level of IT literacy with strong Excel skills in particular.
Personal Skills & Attributes
As an Out of the Ordinary bank, we have a family-oriented culture and we genuinely care about our people. We work really hard to create a fun, collaborative and learning environment - so expect lots of team activities, as well as plenty of support for training, mentoring and coaching.