Director, Private Placements Workouts

Private Placements Inv
The Senior Associate, Private Placements contributes to originating and managing non-publicly-traded (senior) debt investments. Working independently under limited supervision, this job is responsible for investments in high-quality private placement securities and/or investments in a wide variety of private placement securities, including corporate investment grade, project finance, private Asset Backed Securities and credit tenant loan transactions.

Key Responsibilities and Duties

• Evaluates a variety of investment grade privately placed investment opportunities that encompass various industry sectors and deal structures, both domestic and foreign.
• Analyzes, structures, prices and manages large and/or complex transactions and presents recommendations to credit committee as part of a deal team.
• Performs quantitative and qualitative analysis used in the underwriting process.
• Monitors a portfolio of investments, prepares credit update memos and makes recommendations (buy, sell and hold) to portfolio managers.
• Coordinates investment process with other functional areas within the company (Legal, Portfolio Managers, etc.).
• Manages investments in high-quality private placement securities and/or investments in a wide variety of private placement securities, including investment and non-investment grade securities, in accordance with defined investment objectives and parameters, while also supporting the origination of investments.
• Maintains an asset allocation approach to enhance investment performance and maximize returns while appropriately balancing risk, analyzing economic/industry forecasts as well as investment approaches and risk scenarios to formulate recommendations for asset allocation.
• Analyzes economic, industry and company data, and develops detailed financial models to support investment decisions.
• Assists in maintaining relationships with deal sponsors, investment banks, investment funds, and other deal flow sources.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 3+ Years Required; 5+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
7IC

Required Qualifications:

• 3+ years of workout/restructuring experience.
• Experience managing troubled situations, workout negotiations, and restructuring and exit strategies.
• In-depth knowledge and understanding of fundamental credit investing, including high-yield, stressed, distressed, and special situation opportunities.
• Deep experience with private placement note documentation.
• Thorough understanding of financial and credit analysis, valuation, private credit transaction structuring, and fundamental research .
• Excellent communication and interpersonal skills.
• Strong problem-solving skills, analytical, and with strong attention to detail.

 

Preferred Qualifications

• 10+ years of overall work experience.
• Bachelor’s degree strongly preferred; MBA or CFA is a plus.

Additional Information:

The Director, Private Placements Workouts role contributes to working through existing distressed situations to maximize recoveries.

Key Responsibilities:

• Prepares research and analysis of companies and situations that are facing financial stress, including providing recovery and upside/downside analyses.
• Participates in ad hoc lender group and steering group calls, liaising and dialoguing with restructuring advisors and restructuring counsel on a regular basis.
• Engages and communicates regularly with Portfolio Managers on workout and special situation names within portfolios.
• Manages relationships with restructuring advisors, restructuring lawyers, distressed sell side traders and analysts, and buy-side competitors.
• Works with shared services and other stakeholders to prepare client updates on troubled deals.

Related Skills

Accountability, Asset Valuation, Capital Markets, Communication, Consultative Communication, Credit Analysis, Financial Markets, Investment Research/Analysis, Negotiation, Private Placement Investments, Underwriting

Anticipated Posting End Date:

2025-08-08

Base Pay Range: $139,000/yr - $195,000/yr

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of i