Golub Capital BDC Inc
## **Position Information****Hiring Manager:**Managing Director**Department:**DL - Direct Lending**Department Overview**The Middle Market Lending Team provides senior, one-stop and second lien loans to U.S. middle market companies. The team structures financing solutions with hold positions of up to $700 million. We also underwrite and syndicate senior credit facilities and a proprietary suite of GOLD (unitranche) facilities up to $2 billion. The Middle Market Lending Team has specialty teams in five verticals:
Consumer, Restaurant and Retail, Diversified Industries, Financial Services, Healthcare and Software & Technology services. The team has an outstanding track record of closing deals on time and at the agreed-upon terms, utilizing deep industry knowledge to identify, advise on and implement value creation strategies. Key responsibilities include origination and underwriting of loans. The team works closely with all areas of the Firm to ensure seamless execution.**Position Responsibilities**The Leveraged Finance Team are the product specialists responsible for leading the execution of Golub Capital lead or co-lead Broadly Syndicated Loan (“GCBSL”) investments across all industry verticals. The Leveraged Finance Deal Team works in conjunction with private equity sponsors, capital markets and deal professionals from the respective industry verticals on transactions that include a GCBSL solution. This role requires a hands-on individual contributor with credit, deal execution and legal documentation experience. This individual will be responsible for reviewing new investment opportunities and monitoring existing investments as outlined below.*New Deals (>70% of time on an annual basis):** Key member of Deal Team responsible for assisting in all aspects of Golub Capital Broadly Syndicated Facilities (GCBSL) deal execution including evaluation, structuring, due diligence, syndication and legal documentation* Assisting the Deal Team in assessing new investment opportunities for the Firm including interfacing with Golub Capital industry teams to develop comprehensive view* Working with senior deal professionals and Capital Markets to evaluate key credit elements to determine initial deal read* Working with senior deal professionals to help determine key credit issues and due diligence plan* Assisting in the preparation and presentation of investment memorandums to the Investment Committee including:
+ Preparing company, industry and financial charts and analysis
+ Preparing investment and downside case financial models and recovery analyses
+ Reviewing online datarooms and preparing detailed financial analyses
+ Conducting independent research on company and industry (internet, analyst reports, comparables)
+ Evaluating loan market conditions and preparing relevant comparables* Assisting in the coordination of deal closings* Working with senior deal professionals and Capital Markets on structuring and syndication strategy* Coordinating with Capital Markets and internal Lending Counsel on deal execution and legal documentation* Other duties as assigned*Portfolio Management (<30% of time on an annual basis):** Managing a portfolio of existing investments with support from the portfolio monitoring group* Assisting in the management of accounts by monitoring financial performance through reviewing quarterly financial results / earnings calls and flash reports from portfolio monitoring group, industry events, company press releases, industry and company research reports* Establishing and maintaining professional ties with management teams* Actively mining the portfolio for pitch ideas and new deal opportunities* Preparing quarterly portfolio reviews including analyzing historical and projected financial performance and covenant compliance calculations* Managing amendment / waiver requests, as necessary* Maintaining credit awareness to support opportunistic buying of existing credits* Working with senior deal professionals to make buy / sell recommendation for existing portfolio positions to maximize portfolio returns* Other duties as assigned**Candidate Requirements***Qualifications & Experience:** Bachelor’s Degree required in a related financial discipline with an outstanding record of academic achievement* 2+ years of related leveraged lending experience at a top tier investment bank or alternative asset management firm is required* Working knowledge of syndicated and leveraged finance market conditions, structuring and execution is required* Formal credit training preferred* Experience working with financial sponsors* Ability to effectively communicate both internally and with external clients* Enthusiastic about working in office and creating a Gold Standard hybrid work culture**Critical Competencies for Success****Our Gold Standards** Model defines 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**For New York Only: It is expected that the base salary range for this position will be $180,000 to $195,000. Actual salaries may vary based on factors such as skills, experiences and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an ‘at-will position’ and #J-18808-Ljbffr
Consumer, Restaurant and Retail, Diversified Industries, Financial Services, Healthcare and Software & Technology services. The team has an outstanding track record of closing deals on time and at the agreed-upon terms, utilizing deep industry knowledge to identify, advise on and implement value creation strategies. Key responsibilities include origination and underwriting of loans. The team works closely with all areas of the Firm to ensure seamless execution.**Position Responsibilities**The Leveraged Finance Team are the product specialists responsible for leading the execution of Golub Capital lead or co-lead Broadly Syndicated Loan (“GCBSL”) investments across all industry verticals. The Leveraged Finance Deal Team works in conjunction with private equity sponsors, capital markets and deal professionals from the respective industry verticals on transactions that include a GCBSL solution. This role requires a hands-on individual contributor with credit, deal execution and legal documentation experience. This individual will be responsible for reviewing new investment opportunities and monitoring existing investments as outlined below.*New Deals (>70% of time on an annual basis):** Key member of Deal Team responsible for assisting in all aspects of Golub Capital Broadly Syndicated Facilities (GCBSL) deal execution including evaluation, structuring, due diligence, syndication and legal documentation* Assisting the Deal Team in assessing new investment opportunities for the Firm including interfacing with Golub Capital industry teams to develop comprehensive view* Working with senior deal professionals and Capital Markets to evaluate key credit elements to determine initial deal read* Working with senior deal professionals to help determine key credit issues and due diligence plan* Assisting in the preparation and presentation of investment memorandums to the Investment Committee including:
+ Preparing company, industry and financial charts and analysis
+ Preparing investment and downside case financial models and recovery analyses
+ Reviewing online datarooms and preparing detailed financial analyses
+ Conducting independent research on company and industry (internet, analyst reports, comparables)
+ Evaluating loan market conditions and preparing relevant comparables* Assisting in the coordination of deal closings* Working with senior deal professionals and Capital Markets on structuring and syndication strategy* Coordinating with Capital Markets and internal Lending Counsel on deal execution and legal documentation* Other duties as assigned*Portfolio Management (<30% of time on an annual basis):** Managing a portfolio of existing investments with support from the portfolio monitoring group* Assisting in the management of accounts by monitoring financial performance through reviewing quarterly financial results / earnings calls and flash reports from portfolio monitoring group, industry events, company press releases, industry and company research reports* Establishing and maintaining professional ties with management teams* Actively mining the portfolio for pitch ideas and new deal opportunities* Preparing quarterly portfolio reviews including analyzing historical and projected financial performance and covenant compliance calculations* Managing amendment / waiver requests, as necessary* Maintaining credit awareness to support opportunistic buying of existing credits* Working with senior deal professionals to make buy / sell recommendation for existing portfolio positions to maximize portfolio returns* Other duties as assigned**Candidate Requirements***Qualifications & Experience:** Bachelor’s Degree required in a related financial discipline with an outstanding record of academic achievement* 2+ years of related leveraged lending experience at a top tier investment bank or alternative asset management firm is required* Working knowledge of syndicated and leveraged finance market conditions, structuring and execution is required* Formal credit training preferred* Experience working with financial sponsors* Ability to effectively communicate both internally and with external clients* Enthusiastic about working in office and creating a Gold Standard hybrid work culture**Critical Competencies for Success****Our Gold Standards** Model defines 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**For New York Only: It is expected that the base salary range for this position will be $180,000 to $195,000. Actual salaries may vary based on factors such as skills, experiences and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an ‘at-will position’ and #J-18808-Ljbffr