Job Description: Direct Lending Investment Associate
About Us
A leading $7 billion private credit platform based in New York City, specializing in sponsor-backed first lien direct lending is looking to hire. Their mission is to provide flexible, innovative financing solutions to middle-market companies, helping them achieve their strategic objectives. With a deep understanding of the private credit market and a robust network of relationships, we aim to generate attractive risk-adjusted returns for our investors while supporting the growth and success of businesses across a range of industries.Position Overview
This role offers the opportunity to be part of a fast-paced environment where you will play a critical role in evaluating, executing, and monitoring direct lending investments. The ideal candidate will have a strong analytical background, excellent communication skills, and a proven track record of success in financial modeling and analysis.
Key Responsibilities
- Investment Evaluation and Execution: Perform detailed financial analysis and due diligence on potential direct lending opportunities, including cash flow modeling, valuation analysis, and assessment of financial and operational performance.
- Market Research: Conduct industry and market research to support investment decisions and identify emerging trends that could impact the portfolio.
- Portfolio Management: Monitor the performance of existing investments, including compliance with financial covenants, analysis of quarterly financial statements, and ongoing communication with sponsors and management teams.
- Deal Structuring: Assist in the structuring of transactions to optimize returns and mitigate risks, in collaboration with senior team members.
- Stakeholder Communication: Prepare investment memorandums and presentations for the investment committee and participate in discussions regarding investment decisions. Maintain effective communication with sponsors, management teams, and advisors.
- Team Collaboration: Work closely with other team members to share market insights, investment ideas, and best practices. Contribute to the overall success of the platform through proactive engagement and teamwork.
Qualifications
- Bachelor's degree in Finance, Economics, or related field from a top-tier university.
- 2-5 years of experience in investment banking, private credit, leveraged finance, or a related field.
- Strong financial modeling and analytical skills, with proficiency in Excel and PowerPoint.
- Excellent verbal and written communication skills, with the ability to articulate complex ideas clearly and concisely.
- Demonstrated ability to work in a team environment, managing multiple projects and priorities effectively.
- Strong work ethic, attention to detail, and commitment to excellence.
- Knowledge of the private credit market and experience with sponsor-backed transactions preferred.
What They Offer
- Competitive compensation package, including base salary, performance-based bonus, and comprehensive benefits.
- Opportunity to work on a wide range of transactions and play a key role in the success of our investments.
- A collaborative, supportive team environment where your contributions are valued and recognized.
- Professional development opportunities to enhance your skills and career growth.
- Access to senior leadership and the chance to develop a broad network within the private credit and broader financial community.
Location
NYC