Location
London

Hours
Full Time

Salary
Competitive, commensurate with experience

About the Role
At Kroo Bank, we’re building a better bank from the ground up—one that puts customers first, treats money responsibly, and uses technology to make everyday banking simpler, fairer, and more transparent. As a fully regulated UK bank backed by long-term investors, we have a growing customer base and ambitious growth plans. We move fast, think carefully, and hold ourselves to the highest standards in how we engage with customers, build products, manage risk, and support our people.

As an Associate in Structured Finance, you will support the origination, structuring, execution, and ongoing management of structured lending transactions that are central to Kroo’s growth strategy. Working in a challenger bank environment, you will be involved across the end-to-end transaction lifecycle, combining detailed credit analysis, financial modelling, documentation support, and portfolio performance oversight with client and originator interaction.

Your key responsibilities will include supporting the Head of Structured Assets in originating lending opportunities across various originators, sponsors, and asset classes, maintaining a high-quality opportunity pipeline. You will develop and maintain detailed financial models for asset-backed and cash flow lending transactions, prepare indicative terms and commercial proposals, and contribute to pricing and structuring discussions to optimise structure, pricing, and capital efficiency.

You will prepare clear, well-evidenced credit papers for Executive Committee, Credit Committee, and Board level review, coordinate borrower and sponsor due diligence, analyse financial statements and collateral performance, and identify and monitor key risks in line with internal policies and regulatory expectations.

Additionally, you will work closely with legal counsel to support negotiation of facility agreements, coordinate completion mechanics to ensure smooth execution, monitor portfolio performance and covenant compliance, and contribute to continuous improvement of portfolio monitoring and credit processes.

Experience
- Bachelor’s degree in Finance, Economics, Accounting, or a related field.
- Minimum 3 years’ experience in structured finance, leveraged finance, real estate finance, project finance, or corporate banking within the UK market.
- Proven experience preparing credit papers for UK bank credit committees.
- Familiarity with PRA and FCA regulatory frameworks, including capital considerations.

About you
- Advanced financial modelling skills in Excel, including cash flow modelling, sensitivities, covenant modelling, and stress testing.
- Strong credit analysis skills using various tools and techniques, including financial statement analysis, business plan review, and assessment of repayment capacity, prepayment and default risk.
- Ability to produce high-quality credit papers for Executive Committee, Credit Committee, and Board audiences.
- Deep understanding of asset-backed finance dynamics and secured lending structures, including portfolio purchases and forward flow arrangements.
- Working knowledge of risk weighted assets, capital impact, and risk-adjusted return measures (RWAs, RAROC, ROE, NIM).
- Strong understanding of structured finance documentation standards and ability to support negotiation of facility agreements with legal counsel.
- Ability to coordinate execution and completion mechanics across Legal, Risk, Compliance, and Treasury, including conditions precedent tracking and funding processes.
- Portfolio management skills including covenant compliance monitoring, annual reviews, early warning identification, escalation, and accurate internal reporting.
- Excellent stakeholder management and communication skills with clear and concise written and verbal output.
- High ownership mindset with integrity and diligence, able to operate effectively in a lean team with strong attention to detail and governance awareness.
- Proficiency in PowerPoint.

Qualifications
Bachelor’s degree in a relevant discipline as noted above.