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Associate in Structured Finance

Kroo BankLondon, England, United Kingdom
On-site Full-time

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Experience Level

Experience

Qualifications

To excel in this role, you should possess a strong analytical mindset, excellent communication skills, and a high level of attention to detail. A background in finance, economics, or a related field is preferred. Experience with financial modeling and credit analysis is essential. You should be adept at working collaboratively in a fast-paced environment and demonstrate a commitment to upholding the highest standards of integrity and professionalism.

About the job

At Kroo Bank, we are revolutionizing banking from the ground up, focusing on customer-centric services, responsible money management, and technology that simplifies everyday banking. As a fully regulated bank in the UK, supported by committed long-term investors, we are ambitious and rapidly expanding our customer base. We pride ourselves on our agility, thoughtful decision-making, and adherence to high standards in customer engagement, product development, risk management, and employee welfare.

Your Role and Responsibilities:

As an Associate in Structured Finance, you will play a pivotal role in supporting the origination, structuring, execution, and management of structured lending transactions, integral to Kroo's growth strategy. In a dynamic challenger bank environment, you will engage in every aspect of the transaction lifecycle, conducting in-depth credit analysis, financial modeling, documentation preparation, and portfolio performance monitoring while interfacing with clients and originators. Key responsibilities include:

  • Assisting the Head of Structured Assets in identifying structured lending opportunities across various originators, sponsors, and asset classes, cultivating and sustaining a robust opportunity pipeline.
  • Creating and refining comprehensive financial models for asset-backed and cash-flow lending transactions, including return analysis and sensitivity assessments.
  • Drafting indicative terms and commercial proposals, evaluating RWAs, RAROC, ROE, and NIM, while contributing to internal pricing and structuring discussions to optimize structure, pricing, and capital efficiency.
  • Developing clear, well-supported credit papers for review by the Executive Committee, Credit Committee, and Board, ensuring a thorough presentation of risks and mitigations.
  • Facilitating detailed due diligence for borrowers, sponsors, and originators, collaborating with internal and external stakeholders to validate assumptions and pinpoint potential risk areas.
  • Analyzing financial statements, business plans, collateral performance, and cash flow forecasts to assess creditworthiness, repayment capacity, and risk factors.
  • Identifying, documenting, and monitoring key risks—market, operational, legal, and concentration risks—ensuring compliance with internal credit policies and expectations from the PRA and FCA.
  • Collaborating with internal and external legal counsel to negotiate facility agreements and transaction documentation, ensuring alignment with commercial intent and credit approvals.
  • Coordinating completion mechanics, including tracking conditions precedent, securing internal approvals, funding, treasury requirements, and operational readiness to facilitate smooth execution.
  • Monitoring portfolio performance and covenant compliance, proactively identifying and addressing issues as they arise.

About Kroo Bank

Kroo Bank is at the forefront of redefining banking experiences in the UK, with a commitment to transparency, fairness, and customer-centric solutions. Our innovative approach leverages technology to ensure banking is straightforward and accessible for everyone. Join us as we expand our reach and continuously strive to set new benchmarks in the financial sector.

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