Analyst, Product Strategy & Development

Pemberton Asset Management is a leading European private credit manager. Built on more than a decade of experience and deep credit expertise, we provide innovative, cycle-tested private credit solutions for LPs and GPs. Pemberton’s extensive origination network of ten European offices, local market and sector expertise are core characteristics of Pemberton’s value proposition. A substantial investment team, a broad and independent credit function and rigorous credit analysis inform our investment approach. We are committed to advancing responsible investing in private credit and fostering long-term value through transparent partnerships.

Pemberton manages USD $28.8bn in AuM and employs more than 200+ staff globally. (*As of 30th September 2025. Defined as capital committed since inception)

Further information is available at www.pembertonam.com. Follow Pemberton on LinkedIn here.

Role Relationships

• Reporting to Head of Product Strategy & Development

• Portfolio Managers

• Business Development

• Investor Relations

• All groups across Central Functions (Finance, Operations, Compliance, Legal etc.)

Role Responsibilities

Pemberton Asset Management is a leading provider of private credit strategies. The Product Strategy & Development team structures and executes a wide range of structured finance and financing solutions backed by corporate credit. This includes CLOs, asset-backed and NAV financings, rated note feeders, collateralised fund obligations (CFOs) and GP-led continuation vehicles, each offering institutional clients efficient access to Pemberton investment strategies.

The team has a flat structure, so the analyst works directly with both Managing Directors from day one, as well as other members of the team. We invest heavily in the apprenticeship of this role so that the analyst can quickly run their own workstreams.

• Build and maintain the cash flow models various asset backed facilities across CLOs, warehouses, term financing, rated note feeders. Responsibilities include creating modelled returns and scenario analysis for investors, tranche sizing scenario and stress analysis

• Take live transactions from first structuring analysis through to closing, and then helps manage the product throughout its life

• Track the CLO and asset-backed market - deal terms, spreads, structures, what peers are issuing - and use this market intelligence to inform structuring decisions and new product ideas across Pemberton's platform

• Prepare investor materials: transaction overviews, pitch decks, fee and economics workups, and tailored responses for investor diligence and roadshows

• Work alongside counsel, rating agencies and the internal deal team as a transaction moves into documentation

• Build working knowledge of the regimes that shape these structures: AIFMD and the EU and UK Securitisation Regulations, and the insurance capital regimes relevant to investors

• Draft new product papers and investment committee memoranda for structured financing transactions and present them to Pemberton's oversight committees

Compliance and ESG Responsibilities

In performing regulated and unregulated activities for the firm the person will follow the Individual Conduct rules:

• Act with integrity.

• Act with due care, skill and diligence.

• Open and cooperative with the FCA, the PRA and other regulators.

• Pay due regard to the interests of customers and treat them fairly.

• Observe proper standards of market conduct.

• Ensure all Investment Development activity takes into consideration ESG factors to maximise corporate sustainability and support the firm’s diversity and inclusion objectives.

Work Experience and Qualifications

• Outstanding quantitative first degree (or equivalent): mathematics, physics, chemistry, engineering, or a closely related discipline; or a Master's degree in quantitative economics or finance

• Prior structured finance experience is not required. What matters is analytical ability and appetite; securitisation, CLO mechanics and the applicable regulatory regimes are learnt on the desk

• Strong Excel skills for financial analysis and modelling. Familiarity with Python or VBA for working with large datasets is helpful but not a requirement, and will be developed on the job

• Internship experience, or up to approximately one year of full-time experience, in structured finance, leveraged finance, credit, investment banking or asset management

Key Qualities

• Curious and commercially minded, with an interest in how investor objectives translate into structuring solutions

• Confident, regular user of LLMs and other AI tools (e.g. ChatGPT, Copilot) to accelerate research, modelling and drafting, with the judgement to know when to rely on them and when not to

• Highly organised with strong time management skills: able to work independently and prioritise effectively in a fast-paced environment

• Wants to see work end to end from concept through financial modelling to investor presentations and legal documentation

• Strong communication skills, able to articulate complex concepts to both technical and non-technical audiences

• Professional approach to handling confidential and sensitive information.

• Collaborative and team-oriented, with a willingness to support colleagues during periods of high workload

Culture (Supporting, Growing, Thriving)

• Innovative

• Committed

• Client-Focused

• Collaborative

• Entrepreneurial

• High-Performing

• Respectful

• Supportive

The duties and responsibilities described here are not exhaustive; additional assignments may be required. Duties and responsibilities may be changed at any time, with or without notice, at Pemberton’s sole discretion.

Pemberton is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion or belief, sex, gender, gender identity or expression, sexual orientation, age, disability, national origin, ancestry, citizenship status, marital or civil partnership status, pregnancy or maternity, veteran or military status, genetic information, or any other characteristic protected by applicable law. We value diversity and are dedicated to creating an inclusive environment for all employees.

This policy applies to all terms and conditions of employment, including recruitment, hiring, placement, promotion, transfer, termination, compensation, benefits, training, and development. Pemberton is also committed to making reasonable adjustments to accommodate the needs of disabled employees and applicants. All employees, managers, and those involved in recruitment or employment decisions are required to comply with this policy.

If you need a reasonable accommodation to complete your application, please contact People and Performance at [email protected]

Depending on the position, you may be required to obtain certain regulatory licenses/certification if you are in a client facing role and/or if you are engaged in the following non exhaustive list:

• Attending client meetings where you are discussing products and/or and client questions; and

• Marketing funds to clients.

Note: Please speak with your Pemberton Recruiting contact with any questions.

To submit your application please complete the application form via 'Apply for this Job' below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click 'Submit Application' at the bottom of the application form.