Investment Associate - Private Debt Underwriter, Leveraged Senior Credit

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Working Arrangement

Job Description

Founded in 1862, John Hancock Life Insurance Company, a subsidiary of Toronto-based Manulife Financial Corporation, has been providing capital solutions to U.S. middle market companies for decades. In 2000, the Hancock Capital Management team (HCM) was established to spearhead these activities. Today, Manulife Investment Management (MIM), the consolidation of Manulife investment platforms, manages over $9.0 billion of private equity-related capital for Manulife Financial Corporation and its partners which include insurance companies, endowments, corporate pension plans, family offices and high net worth individuals. Additional information on MIM can be found at the following website: Private equity & credit capital solutions | Manulife Investment Management (manulifeim.com).

MIM is seeking candidates to apply for the position of Investment Analyst-Private Debt Underwriter for its Leveraged Senior Credit Group. The position will be located in MIM's Chicago office which serves as the primary location for the leveraged senior lending activities. You will be responsible for supporting senior debt underwriting and portfolio management capabilities within the broader MIM platform, which includes equity co-investments, mezzanine debt, and private equity fund investment strategies.

Responsibilities:

The professional will support the firms effort to construct and lead high quality, diversified senior loan portfolios that exceed market risk-adjusted returns. This will be achieved by evaluating and executing financing opportunities in a manner that balances strong credit disciplines with a positive customer relationship approach. Specific responsibilities will include:

• Analyzing and summarizing all due diligence materials related to the credit quality of businesses being acquired or owned by the firms private equity customer base, including the analysis of the company's historical and present financial condition, products and/or services, sales and marketing strategies, customer and supplier base, industry dynamics, competitive position, management team, and financial projections;

• Working with the origination team to handle the due diligence, screening, and underwriting approval processes;

• Assisting with the syndication process on transactions in which MIM is leading the financings;

• Fulfilling all portfolio management requirements including on-going credit analysis, reporting and follow-on credit activities (amendments, recapitalizations, acquisitions, restructurings, etc.);

• Supporting the firms efforts to attract, develop, and retain best-in-class origination, underwriting and portfolio management talent.

Knowledge/skills/competencies:

• Bachelors Degree required.

• Strong credit capabilities with one or more years of meaningful middle market credit underwriting and portfolio management experience OR related financial analysis experience.

• Deep understanding of complex financial modeling.

• Strong finance and accounting skills along with an intense attention to detail.

• A solid understanding of economics and the ability to apply current domestic and global trends to credit underwriting and portfolio management.

• Shown ability to multi-task and lead work flow while taking ownership for the results.

• Excellent verbal and written communication skills.

• Advanced knowledge of Microsoft Office product suite.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including