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.

