Associate, Direct Lending

Position Information Hiring Manager: Senior Vice President Department: DL - Direct Lending Firm Overview Golub Capital is a market-leading, award-winning direct lender and experienced private credit manager. We specialize in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors. Our sponsor finance expertise also forms the foundation of our Broadly Syndicated Loan and Credit Opportunities investment programs. We nurture long-term, win-win partnerships that inspire repeat business from private equity sponsors and investors. As of April 1, 2026, Golub Capital had over 1,100 employees and over $90 billion of capital under management, a gross measure of invested capital including leverage. The Firm has offices in North America, Europe, Asia and the Middle East. We believe our long-term success comes from our dedication to fostering a culture that draws on a diversity of life experiences, knowledge, skills and perspectives across our team. We empower our team with distinctive resources for professional and personal growth, and we cultivate a community in which our people can belong and thrive. Learn more about our culture, benefits and people on our website, . Department Overview The European Direct Lending Team provides senior, one-stop and second lien loans to European middle market companies. The team structures financing solutions with hold positions up to €300 million. They also underwrite senior credit facilities and a proprietary suite of GOLD (unitranche) facilities up to €600 million. The Middle Market Lending Team has teams in five verticals: healthcare, consumer, restaurant and retail, software & technology services, diversified industries and financial services. The team has an outstanding track record of closing deals on time and at the agreed upon terms, utilising deep industry knowledge to identify, advise on and implement value creation strategies. Key responsibilities include underwriting of loans and monitoring the portfolio. The group works closely with all areas of the Firm to ensure seamless execution of all solutions. Position Responsibilities The individual will work with Junior and Senior Underwriters to review new investment opportunities and monitor existing investments. New Deals (>70% of time on an annual basis): Assisting the Underwriting Team in assessing new investment opportunities for the Firm Preparing investment and downside case financial models Assisting in the preparation of investment memoranda for presentation to the Investment Committee including: Preparing company, industry and financial charts and analysis Performing independent research on company and industry (internet, analyst reports, public comps) Assisting in the coordination of deal closings Portfolio Management ( Assisting in the preparation of portfolio reviews of existing investments including: Preparing historical and projected covenant models Written credit analysis of historical and projected financial performance Reviewing internal monitoring templates to ensure accuracy of investment detail Assisting in the management of accounts by monitoring industry events and through company press releases and monthly / quarterly financials, industry and company research reports Assisting in processing amendment / waiver requests, as necessary Other duties as assigned Candidate Requirements Qualifications & Experience: Bachelor’s Degree required in Finance, Accounting, Economics or related subject area 2+ years of experience in leveraged credit or investment banking Strong analytical, financial modelling and research skills Proficient in Excel, Word, PowerPoint and other software Candidate must be organised, detail driven and process oriented Preferably good comprehension of at least one European language, in addition to English Demonstrated ability to effectively leverage AI tools in day-to-day work, with strong critical thinking to assess accuracy, limitations and appropriate use of AI generated outputs Enthusiastic about working in office and creating a Gold Standard hybrid work culture Critical Competencies for Success Our Gold Standards define key behaviors and competencies across 4 dimensions: Leadership, Achieving Results, Personal Effectiveness and Thinking Critically. These behaviors and competencies drive our ability to win together. Leadership: Role models in this area consistently focus on the right goals and priorities and continually develop themselves and others. Always team players, they influence and engage with others to contribute to a supportive and inclusive culture where all feel welcome. Achieving Results: Role models in this area are high achievers who develop careful plans and deliver consistently and effectively. They hold themselves and others accountable for delivering high quality results, and they remove barriers to ensure others can contribute and grow. Personal Effectiveness: Role models in this area build strong relationships, treat others with respect and communicate effectively. They are driven to exceed expectations and are adaptable to changing circumstances. Thinking Critically: Role models in this area understand our business, rely on analytical reasoning and seek diverse perspectives to solve problems. They are forward thinking, anticipating issues and addressing them in advance. The department-specific competencies define the knowledge, skills and abilities that are needed to successfully perform the functional or technical work of this role. Deal Execution: Evaluates, structures and executes investment opportunities and transactions. Relationship Management: Establishes, develops and manages internal and external relationships. Portfolio Management: Actively monitors portfolio companies to identify risks and opportunities that may impact overall performance. Risk Management: Demonstrates credit acumen by leveraging tools and analyses and interpreting due diligence findings to guide decisions while balancing risks and rewards. Financial Analysis: Uses financial analyses to generate insights and support fact-based decision making. Competitive Positioning: Demonstrates knowledge of the Firm's capabilities, the Firm’s position in the industry, competitors’ capabilities and end markets. Recognizes implications of knowledge on Firm’s positioning. Legal Documentation: Demonstrates knowledge of legal documentation, processes and procedures. Compensation & Benefits Compensation will be commensurate with experience. Golub Capital Europe offers a full range of benefits which includes Life Assurance, Income Protection, Critical Illness, Private Medical Insurance and Pension.