Structured Products Group
The Structured Products Group resides within Houlihan Lokey’s Financial and Valuation Advisory division. We value instruments from the full universe of structured credit products, including: large portfolios of mortgages, capital relief trades, CLOs, ABS, and bespoke transactions. Our clients are among the largest banks, asset managers, hedge funds, and insurers in the world.
A solid academic grounding, high attention to detail, and the ability to reason from first principles are essential. In addition to performing valuation analysis, our London team is encouraged to build and maintain technology underpinning the various processes that make up much of our work flow (pricing models, cashflow engines, data infrastructure, dashboarding, etc.), in order to increase efficiency while maintaining the highest levels of accuracy and transparency. The instruments we deal in are complex and we often work towards tight deadlines, particularly around busier times of the financial cycle.
Role
Learn structured credit from first principles, and how different levers drive outcomes.
Build and refine the data sets and valuation algorithms used to price thousands of securities daily.
Analyse client portfolios of structured credit securities.
Model bespoke transactions in Excel, Python, and our in-house cashflow modelling tool.
Identify and automate process bottlenecks.
Handle client queries, engagement, and run product demonstrations.
Candidate requirements
Must be a 2026 Graduate
A strong record in a numerate or hard-science discipline.
Curiosity about how financial markets work.
Self-directed, comfortable thinking from first principles, and able to operate in a small, demanding team in a highly collegiate environment.
Useful, but not required
We do not require prior finance, modelling, or programming experience. However if you have a background applying Excel, Python, or C# to creatively solve problems, we encourage you to mention it in your application.
Interview process
After you apply, you should hear back from us within two weeks if we intend to progress your application. The process below is indicative; stages may shift depending on availability of our team.
Round 1: Remote. You will receive a short Excel task involving a structured finance deal scenario. No finance background is required. You will have 48 hours to return it, though we expect it to only take a couple of hours of focused work. You will then have two interviews via Microsoft Teams with senior members of the team, one of which will focus on your approach to the task.
Round 2: In person, Mayfair office. A half-day in our London office, meeting additional team members for a mix of logic-based problem-solving and conversations about your interests and motivations. Reasonable travel costs covered.
Round 3: In person, Mayfair office. A final conversation with senior members of the group covering fit, motivation, and any outstanding questions on either side.
