Vice President – Asset Management (New York or Miami Office) Private Credit Fund Manager Headquartered in NYC

J Harlan Group, LLC - New York, NY

Vice President – Asset Management (NYC or Miami)

NYC Investment Management Firm

J Harlan Group is currently conducting a search for an experienced and highly motivated Vice President – Asset Management for a prominent Private Credit Fund Manager in either their New York City Headquarters or in their Miami office.

The firm’s Asset Management team builds robust relationships with portfolio companies utilizing a customized process to learn and monitor the intricacies of a business’ operations and key performance indicators, with the goal of maximization of return for the firm’s investment portfolio. In addition to investment and credit monitoring experience, Vice President candidates will be expected to have the financial and legal analytical skillset, business judgment, and maturity to own and manage multiple monitoring relationships from initial funding to exit.

An exciting opportunity, to manage, monitor post-investment relationship with multiple portfolio companies from deal close to exit

Key Responsibilities:

  • Manage monitoring and post-investment relationship with multiple portfolio companies from deal close to exit
  • Interface with portfolio company executives to understand operational milestones and work with them to accomplish their goals
  • In the event of covenant breach, default, or other crises: (a) identify and recommend solutions, (b) lead execution of the chosen solution or set of solutions, which may range from legal, financial or operational remedies, which can often include working directly with the management team and/or external advisors
  • Collaborate with colleagues to evaluate runoff alternatives and supervise liquidations & restructurings
  • During deal execution, perform operational diligence of borrowers and work with investment team to develop reporting and key performance indicators for portfolio companies and help structure monitoring packages
  • Establish and track loan covenants and other early warning indicators to ensure compliance and alert to risk
  • Prepare portfolio updates and KPI performance that will be presented to the Investment Committee
  • Communicate findings and analyses, across mediums, with team and firm senior management
  • Develop sector intelligence to support monitoring, new deal execution and Firm knowledge base.

Qualifications:

Essential Skills/Background:

  • Vice President candidates must have 7+ years of experience with either (or both) of the following backgrounds:
    • Corporate restructuring, private credit, private equity, or special situations, specifically with hands-on experience in directly managing workouts, restructurings, and crises management with borrowers and company managers.
    • Chief Financial Officer (CFO) with (i) ideally a track-record of operating one or more private-equity backed companies in multiple industries, (ii) advanced familiarity with complex capital structures, (iii) experience negotiating complex commercial and credit agreements as well as managing lenders and investors in both healthy-state and crisis situations, (iii) ability to operate in a fast-moving environment, to rapidly absorb the fundamentals of new industries and business models, while managing multiple projects simultaneously, and (iv) ability to both manage small project teams and also directly impact as an individual contributor.
  • Interpersonal skills and maturity to communicate effectively with lower middle market management teams and extract actionable intelligence from complex situations
  • Advanced Excel Skills: Ability to build operational and financial models, correlation, valuation, runoff, liquidation, and various other types of analyses with limited supervision
  • Proven and demonstrable analytical capabilities, ability to creatively extract and evaluate relevant data points from imperfect sets of information
  • An entrepreneurial mindset and the capability to manage multiple complex situations in parallel, understanding the operating requirements of private businesses during growth, evolution and potentially turnaround phases
  • Effective writing skills for the creation of memorandums and investment performance summaries
  • Ability to understand and negotiate complex credit and other legal agreements
  • Advanced familiarity with capital structure and corporate debt including - Leveraged Finance; Restructuring; Structured Finance; and ABS

Education:

  • Strong academic record and a bachelor’s or higher degree in Finance, Business,

Accounting, Engineering, Mathematics, or Sciences preferred

  • MBA, CFA or other relevant graduate degree or certification a plus.

An individual who loves solving deep and complex investment / asset management related matters and wants to have an outsized impact on the firm’s asset management abilities. An individual with a passion for Investment/Asset Management, high level of intellectual curiosity and horsepower, a commitment to excellence and an unparalleled drive to deliver world-class services.

About the Client:

The firm is a New York-based, private credit fund manager that provides collateralized loans to small and mid-sized, non-sponsored businesses. The firm’s investment funds deliver senior-secured, short-term funding to companies that have quality operations, assets and strong profit opportunity, but lack efficient access to capital. Companies choose this organization rather than utilizing more traditional capital alternatives because they have a reputation for being responsive, decisive and are able to deliver on their commitments. They originate collateralized loans of $10 million to $30 million and offer an equity alternative for management teams with high conviction, which allows them to avoid equity dilution and the long equity raise process, while executing immediate business and growth goals. The firm operates like a private equity firm, offering a wide array of resources to their portfolio companies - above and beyond traditional lenders – and underwriting more efficiently and rapidly. They have a highly experienced team of 27 professionals with deep investment and operating expertise. Over their 13 year history, they have completed over 110 transactions and deployed more than $1.4 billion in capital to companies across a variety of sectors.

They seek candidates who are high-energy self-starters who want to join an investment management firm on the leading edge of financial markets. The management team needs individuals of the highest professional caliber who are leaders, problem solvers, analytic, detail-oriented, and entrepreneurial. Everyone at the firm works side-by-side with the firm’s senior partners in a highly collaborative and charged investment environment.

Successful candidates are:

  • Analytic and relentless in pursuit of the right answer
  • Strong communicators who excel at rapid synthesis
  • Able to demonstrate sound business judgment
  • Able to digest complexity while maintaining an understanding of the “big picture” of business needs
  • Team players who are energized by a collaborative enterprise

The firm’s employees maintain the highest professional and ethical standards. The firm has earned a reputation for honesty, fair dealing, and transparency in a competitive industry. They believe that these standards are the foundation for superior investment performance and are critical to delivering performance to clients



Posted On: Friday, May 6, 2022



Position Contact
Jerry Goldberg
Manager Director
(212) 792-0099

After years as a Senior Financial Services Executive, I have decided to make a career change and leverage my vast knowledge of the financial services and technology industry as an executive recruiter and have opened an executive search and recruiting firm "J Harlan Group, LLC' specializing in technology and financial services talent search.

Financial Services Executive with expansive Private Equity, Hedge Fund, Investment Banking, Asset Management, Securities Brokerage, Commercial Banking and Insurance experience. With combined expertise as a Chief Information Officer, Chief Administrative Officer and Principal/Consultant, my responsibilities have expanded a broad cross-section of business disciplines – technology, strategic planning, operations management, HR, administration, outsourcing, business development, strategic partnering, product development, financial operations and reporting, client relationship management.

Specialties: • Leadership authority for building and managing the technological, operational, and administrative platforms for financial services organizations.

• Contributed significantly to starting, developing and building a privately-held organization into a $1 billion market cap publicly traded company on the NYSE within five years of inception.

• Recognized achievements in building top-performing, best-in-class organizations capable of supporting corporate objectives.

Contact: jgoldberg@jharlan.com – 212-792-0099 – www.jharlan.com 

See our current Job Listing at https://www.jharlan.com/our-current-job-listings

 

 

 

 

 

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