A leading investment manager with over $50bn AUM are looking for an Associate with 2-4 years experience to join their Secondaries team.
This role offers the opportunity to work closely with senior team members on the acquisition and management of credit secondary investments.
Key Responsibilities:
Deal Sourcing and Evaluation:
- Assist in identifying and evaluating credit secondary investment opportunities.
- Conduct detailed financial and operational due diligence on potential investments.
- Analyse and assess credit risk, market conditions, and investment viability.
Financial Modelling and Analysis:
- Develop and maintain detailed financial models to support investment decisions.
- Perform scenario analysis and stress testing to evaluate investment performance under various conditions.
- Prepare comprehensive investment memos and presentations for the investment committee.
Transaction Execution:
- Support all aspects of the transaction process, including structuring, negotiation, and documentation.
- Work closely with legal, compliance, and other internal teams to ensure smooth execution of deals.
- Coordinate with external advisors, including investment bankers, consultants, and legal counsel.
Portfolio Management:
- Monitor and manage the performance of existing investments, including regular review of financial performance and covenant compliance.
- Identify and implement strategies to enhance value and mitigate risk within the portfolio.
- Prepare regular reports and updates for senior management and investors.
Market Research and Strategy:
- Conduct ongoing market research to stay informed of industry trends, regulatory changes, and competitive dynamics.
Qualifications:
- Bachelor's degree in Finance, Economics, Business, or a related field.
- 2-5 years of experience in credit analysis, investment banking, private equity, or a related field.
- Strong financial modelling and analytical skills.
- Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint; experience with financial databases and research tools is a plus.
Preferred Attributes:
- Experience in credit secondaries or distressed debt investing.
- Knowledge of legal documentation and transaction structuring.
- Strong network within the investment and finance community.
- Demonstrated interest in and knowledge of the credit markets.
