Associate/Sr. Associate, Workouts

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Summary

A renowned asset manager is seeking an individual who is highly organized, as well as detail and process oriented to fill their Associate/Senior Associate opening.


Company Information:

A leading asset management company with $65+ billion in AUM.


Job Description:
  • Managing a portfolio of the firm’s most troubled investments, primarily comprised of high quality syndicated senior secured loans
  • Developing and implementing plans for maximizing recoveries and minimizing losses on the portfolio
  • Preparing, analyzing and modeling potential restructuring alternatives and developing analyses and what-if scenarios
  • Preparing restructuring / amendment / waiver requests along with other written updates on portfolio accounts
  • Negotiating with various constituencies including financial sponsors, management, other bank group members and other lenders in the capital structure
  • Preparing portfolio update reports
  • Developing and maintaining a core set of advantageous relationships with other lenders as well as with legal, financial and operational advisors
  • Supporting senior team members as needed

Requirements / Qualifications:
  • Bachelor’s Degree, preferably with a major in Finance, Accounting, Economics or related financial discipline with an outstanding record of academic achievement
  • 4 to 6 years of experience in a finance function, preferably with distressed experience either within an investment bank’s restructuring group or within a buyside investment team
  • Formal credit training with experience analyzing stressed and distressed situations
  • Strong analytical, financial modeling and research skills
  • Ability to effectively communicate with internal and external parties
  • Proficiency in Excel, Word and PowerPoint
  • Experience working with financial sponsors is a plus
  • Enthusiastic about working in office and creating a Gold Standard hybrid work culture

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