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Senior Principal, Private Debt & Loan

Alberta Investment Management Corporation
New York City, United Statesfull_timeVerifiedPosted 10 Jul 2024
💰 $290,000/yr($215,000/yr$290,000/yr)

About the role

CLOSING DATE:

July 24, 2024

Opportunity

***This posting will close Tuesday July 23rd at 11:59PM EST***

The base salary range for this role is $215K to $290K USD

Legislation requires AIMCo to include a reasonable estimate of the range of compensation for this role. The base salary offered to the successful candidate will consider a wide array of factors including but not limited to the individual’s geographic location, experience, skills, internal equity and other pertinent factors. Actual salaries may vary and may be above or below the range based on the above mentioned factors.

AIMCo provides a comprehensive total rewards package that includes a competitive incentive plan, extensive health and dental coverage, a robust pension plan, and generous paid time off in addition to the base salary.

Opportunity:
As a successful Senior Principal, Private Debt & Loan, you will play a leading role in the execution of the expansion of AIMCo’s Private Debt strategies in the U.S. The AUM of the PDL program is currently over $7 billion and will continue to grow on both investments and team size globally. Supporting the overall efforts for the PDL platform, you will contribute to AIMCo by concentrating on investment execution, portfolio management and relationship coverage. You will interface with PDL’s internal and external partners, assessing investment opportunities, driving due diligence including thoughtful and thorough analysis, managing deal process and closing / funding transactions as well as on-going portfolio monitoring and reporting.

Successful senior members across the Private Debt & Loan team share many of the same characteristics. You are self-starter, who is skilled at building relationships and committed to driving deals to a successful close. You are accustomed to leading the execution of deals by collaborating with teammates and effectively leveraging their contributions. You are known for your technical expertise and commitment to support the development of your junior teammates. You take pride in your work and are dedicated to excellence. Additionally, you are known to support your colleagues through challenges and enthusiastically celebrate team accomplishments.

Responsibilities Include:

  • Contributing to partnership building and relationship coverage
  • Leading all aspects of a deal process including:
    • Making recommendations based on preliminary credit summaries and Information Memorandums to evaluate prospective private debt and loan opportunities; reviewing and interpreting key facts to outline credit considerations, potential risks and key due diligence focus areas
    • Reviewing and performing credit and financial analysis and research
    • Reviewing, building and supervising the maintenance of financial models and preparing sensitivity analysis with a focus on debt servicing and credit statistics
    • Reviewing and synthesizing third party due diligence reports
    • Attending meetings with management teams, private equity investors, due diligence providers/consultants and debt advisors
    • Leading discussions regarding investment opportunities within investment committee approval meetings; preparing credit memos for final approval as well as internal memos to deal files
  • Managing existing portfolio accounts monitoring and reporting
  • Training and mentoring junior team members

Ideal Candidate Qualifications:

  • Undergraduate or graduate degree in Commerce, Business Administration, Finance, Economics or another related field (MBA or CFA designation considered a plus)
  • Minimum 10+ years of relevant work experience in Private Equity or Private Credit investing; Investment Banking experience also considered an assett
  • Experienced in leading a deal process
  • Advanced analytical and technical skills, including debt structuring and financial modeling
  • Ability to thrive in a fast-paced environment
  • Detail oriented, professional and collaborative team player
  • Stellar interpersonal, written and verbal communication skills, and sound judgement
  • Committed to the values of Excellence, Transparency, Humility, Integrity, and Collaboration and inspires the same in others

Success Measures:

You will thrive in a fast-paced, results orientated, high performing environment and contribute to the growth and global expansion of the Private Debt & Loan program.

Next Steps

We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions.

Final candidates will be asked to undergo a security screening, which includes a credit bu

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Company

Alberta Investment Management Corporation

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