Why join us?

Are you looking to join a dynamic pension plan that embodies the strong values of its 500,000 members and is an industry leading global investor?    If so, we would love to tell you our story.
 
At OMERS we put our people first and are proud to embrace the diversity of thought and leadership that comes from having locations in Toronto, London, New York, Singapore, Sydney and other major cities across North America and Europe.  Our culture is truly one of a kind. We get stuff done, and have fun doing it!  We take great pride in contributing to the communities where we live with an ever-constant eye to the global investment markets.

Credit is a key pillar of OMERS investment strategy, providing a solid and reliable income stream to overall returns. The Global Credit team brings together a team of credit investment specialists across industry sectors, geographies, and parts of the capital structure, with the goal of selecting strong risk-return investment opportunities across public and private credit markets.

As a member of the Global Credit team in New York, this role is focused on leading investments within the Alternative Investments, Private Credit portfolio at OMERS, which includes direct lending partnerships, leveraged loans, co-investments and private credit fund investments. You will report to the Head of Alternative Investments. Our investment philosophy is centered on building a high-quality portfolio of sub-investment grade corporate private credit. Your primary duties will include analyzing, recommending, monitoring prospective and existing corporate credit positions and supporting portfolio-level decisions for the team. You will develop relationships with existing and prospective external partnerships, and mentor and train junior colleagues on the Alternative Investments team.

You will consistently demonstrate investment excellence, including sound judgment and timely, well-reasoned decision-making skills. You will help foster an engaged and collaborative team culture that is focused on investment results, innovation, mutual respect and diverse thinking.

As a Principal, Alternative Investments, Private Credit you will be responsible for:

• Assessing several private credit investment opportunities within North America and globally, with the objective of producing solid investment recommendations and returns

• Lead junior colleagues in producing comprehensive credit analysis and financial modeling to produce investment analysis that can be executed upon

• Provide input and ideas related to portfolio construction and management, including performance measurement and attribution

• Conduct research and analyze a variety of external managers with an emphasis on credit strategies

• Research the potential for alternative strategies in the management of portfolios 

To succeed in this role, you bring the following:

• Undergraduate degree in Business, Economics or Math or an MBA

• 5+ years of experience in direct credit investing, investment banking, or private equity 

• Knowledge and experience with strategies involving direct lending / private credit, leveraged loans, and other strategic credit related investments and funds 

• Experience in management of external funds would be considered an asset

• Strong verbal and written communication skills and interpersonal skills  

• Demonstrate strong knowledge of Microsoft Excel and Bloomberg 

• Demonstrated experience in delivering cross-departmental projects/solutions working with multiple stakeholders and partners

• Self-starter who works both independently and with a team, while fostering a collegial and creative team culture

• Ability to conduct research, draw insights and convey complex ideas clearly and concisely 

• Strong analytical skills with experience and financial modeling

The annualized base salary ranges for the primary location and any additional locations are listed below. The base salary that is ultimately offered to the successful candidate will consider a wide array of factors including but not limited to the individual’s skill set. 

Primary location: New York

You may also be eligible to receive an annual Incentive Award pursuant to our Short-term Incentive plan and our Long-Term Incentive plan (if applicable), and to participate in our group benefits and retirement plans – details on these elements of compensation are included within OMERS & Oxford offer letters.

Our story:

Founded in 1962, OMERS is one of Canada’s largest defined benefit pension plans, with $128.6 CAD billion in net assets as of December 31, 2023. OMERS is a jointly-