NYC Staffing
Private Placements Inv
The Senior Associate, Private Placements contributes to originating and managing non-publicly-traded (senior) debt investments. Working independently under limited supervision, this job is responsible for investments in high-quality private placement securities and/or investments in a wide variety of private placement securities, including corporate investment grade, project finance, private Asset Backed Securities and credit tenant loan transactions. Key Responsibilities and Duties: Evaluates a variety of investment grade privately placed investment opportunities that encompass various industry sectors and deal structures, both domestic and foreign. Analyzes, structures, prices and manages large and/or complex transactions and presents recommendations to credit committee as part of a deal team. Performs quantitative and qualitative analysis used in the underwriting process. Monitors a portfolio of investments, prepares credit update memos and makes recommendations (buy, sell and hold) to portfolio managers. Coordinates investment process with other functional areas within the company (Legal, Portfolio Managers, etc.). Manages investments in high-quality private placement securities and/or investments in a wide variety of private placement securities, including investment and non-investment grade securities, in accordance with defined investment objectives and parameters, while also supporting the origination of investments. Maintains an asset allocation approach to enhance investment performance and maximize returns while appropriately balancing risk, analyzing economic/industry forecasts as well as investment approaches and risk scenarios to formulate recommendations for asset allocation. Analyzes economic, industry and company data, and develops detailed financial models to support investment decisions. Assists in maintaining relationships with deal sponsors, investment banks, investment funds, and other deal flow sources. Educational Requirements: University (Degree) Preferred Work Experience: 3+ Years Required; 5+ Years Preferred Physical Requirements: Sedentary Work Career Level 7IC Required Qualifications: 3+ years of workout/restructuring experience. Experience managing troubled situations, workout negotiations, and restructuring and exit strategies. In-depth knowledge and understanding of fundamental credit investing, including high-yield, stressed, distressed, and special situation opportunities. Deep experience with private placement note documentation. Thorough understanding of financial and credit analysis, valuation, private credit transaction structuring, and fundamental research. Excellent communication and interpersonal skills. Strong problem-solving skills, analytical, and with strong attention to detail. Preferred Qualifications: 10+ years of overall work experience. Bachelor's degree strongly preferred; MBA or CFA is a plus. Additional Information: The Director, Private Placements Workouts role contributes to working through existing distressed situations to maximize recoveries. Key Responsibilities: Prepares research and analysis of companies and situations that are facing financial stress, including providing recovery and upside/downside analyses. Participates in ad hoc lender group and steering group calls, liaising and dialoguing with restructuring advisors and restructuring counsel on a regular basis. Engages and communicates regularly with Portfolio Managers on workout and special situation names within portfolios. Manages relationships with restructuring advisors, restructuring lawyers, distressed sell side traders and analysts, and buy-side competitors. Works with shared services and other stakeholders to prepare client updates on troubled deals. Related Skills Accountability, Asset Valuation, Capital Markets, Communication, Consultative Communication, Credit Analysis, Financial Markets, Investment Research/Analysis, Negotiation, Private Placement Investments, Underwriting
The Senior Associate, Private Placements contributes to originating and managing non-publicly-traded (senior) debt investments. Working independently under limited supervision, this job is responsible for investments in high-quality private placement securities and/or investments in a wide variety of private placement securities, including corporate investment grade, project finance, private Asset Backed Securities and credit tenant loan transactions. Key Responsibilities and Duties: Evaluates a variety of investment grade privately placed investment opportunities that encompass various industry sectors and deal structures, both domestic and foreign. Analyzes, structures, prices and manages large and/or complex transactions and presents recommendations to credit committee as part of a deal team. Performs quantitative and qualitative analysis used in the underwriting process. Monitors a portfolio of investments, prepares credit update memos and makes recommendations (buy, sell and hold) to portfolio managers. Coordinates investment process with other functional areas within the company (Legal, Portfolio Managers, etc.). Manages investments in high-quality private placement securities and/or investments in a wide variety of private placement securities, including investment and non-investment grade securities, in accordance with defined investment objectives and parameters, while also supporting the origination of investments. Maintains an asset allocation approach to enhance investment performance and maximize returns while appropriately balancing risk, analyzing economic/industry forecasts as well as investment approaches and risk scenarios to formulate recommendations for asset allocation. Analyzes economic, industry and company data, and develops detailed financial models to support investment decisions. Assists in maintaining relationships with deal sponsors, investment banks, investment funds, and other deal flow sources. Educational Requirements: University (Degree) Preferred Work Experience: 3+ Years Required; 5+ Years Preferred Physical Requirements: Sedentary Work Career Level 7IC Required Qualifications: 3+ years of workout/restructuring experience. Experience managing troubled situations, workout negotiations, and restructuring and exit strategies. In-depth knowledge and understanding of fundamental credit investing, including high-yield, stressed, distressed, and special situation opportunities. Deep experience with private placement note documentation. Thorough understanding of financial and credit analysis, valuation, private credit transaction structuring, and fundamental research. Excellent communication and interpersonal skills. Strong problem-solving skills, analytical, and with strong attention to detail. Preferred Qualifications: 10+ years of overall work experience. Bachelor's degree strongly preferred; MBA or CFA is a plus. Additional Information: The Director, Private Placements Workouts role contributes to working through existing distressed situations to maximize recoveries. Key Responsibilities: Prepares research and analysis of companies and situations that are facing financial stress, including providing recovery and upside/downside analyses. Participates in ad hoc lender group and steering group calls, liaising and dialoguing with restructuring advisors and restructuring counsel on a regular basis. Engages and communicates regularly with Portfolio Managers on workout and special situation names within portfolios. Manages relationships with restructuring advisors, restructuring lawyers, distressed sell side traders and analysts, and buy-side competitors. Works with shared services and other stakeholders to prepare client updates on troubled deals. Related Skills Accountability, Asset Valuation, Capital Markets, Communication, Consultative Communication, Credit Analysis, Financial Markets, Investment Research/Analysis, Negotiation, Private Placement Investments, Underwriting