Financial Analyst, Portfolio Valuation and Fund Advisory Services (Structured Products), 2026 Graduate, London

Full job description

Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. Financial and Valuation Advisory: over the past 50+ years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices. In 2025, LSEG ranked us the No. 1 global M&A fairness opinion advisor over the past 25 years. 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. 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.). 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 an 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. No prior finance, modelling, or programming experience is required, though a background applying Excel, Python, or C# to creatively solve problems is welcomed. Interview process: Round 1 is remote, a short Excel task involving a structured finance deal scenario (48 hours to return it) plus two interviews via Microsoft Teams with senior members of the team. Round 2 is in person at the Mayfair office, a half-day meeting additional team members (reasonable travel costs covered). Round 3 is a final in-person conversation with senior members of the group.