Senior Associate, Private Capital Investors

Location Designation: Hybrid - 4 days per week 

 

About New York Life Investment Management

 

With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. NYLIM brings together the firm’s global investment teams under one unified brand, combining specialized expertise with the strength and stability of New York Life.

Our platform is built on disciplined active management, deep investment capabilities and a long-term partnership approach designed to deliver enduring value across market cycles and help clients navigate the next era of investing.

More powerful, together, we combine the agility of specialized investment teams with the scale and longevity of a leading mutual institution.

 

The Private Capital Investors team consistently ranks as one of the top investors in the traditional debt private placement. We invest in businesses by providing medium to long term debt that outlasts economic cycles. We provide capital to organizations including public and private companies, endowments, charitable institutions, and cooperatives. PCI provides a variety of financing options ranging from senior debt, master note facilities, to credit tenant leases. We also offer specialized sector expertise in infrastructure, utilities, structured finance, oil and gas, REITs, sports, not-for-profits and media sectors.

 

 

 

What You'll Do:

Senior Associates are key members of PCI’s deal team, working within smaller business units and 2-3 person deal teams to underwrite new investments and monitor the portfolio. This Senior Associate position is based in NYC home office, with the opportunity to work on domestic and cross border opportunities, and with colleagues in both New York and in London.

 

 

New Transaction Origination

• Assist with screening new investment opportunities and presenting ideas/conclusions for peer review.
• Perform investment analysis, financial modeling, conduct company research and contribute to the preparation of formal credit memorandums.
• Analyze financial information to forecast business, industry, and economic conditions used in making investment decisions.
• Assist with presenting investment recommendations to Credit Committee.  
• Work with Agent Banks to help secure allocations to new transactions.

 

Portfolio Management

• Help maintain an on-going dialogue with Issuers, including attendance at in person meetings.
• Analyze company financial statements, industry, regulatory and economic information in order to track financial performance, industry developments, and compliance with required terms.
• Assist in preparing and presenting periodic portfolio reviews   Help managing amendments and waivers as required.

 

 

What You'll Bring:

• Undergraduate degree (BA) required, preferable to have majored in economics, accounting or finance.   Minimum 3+ years of private placement industry or meaningful investment experience.
• Strong team player with the ability to manage and prioritize numerous tasks.   Exceptional attention to detail, verbal and written communication skills.
• Strong quantitative skills.
• Ability to understand current events that may impact business issues.

 

 

Nice to have:

• Experience with Bloomberg, CapIQ and AI platforms
• Experience working collaboratively across business units toward shared objectives

#LI-AM1

Job Level: LEVELPF4

 

Pay Transparency

Salary Range: $115,000-$150,000 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.