Senior Investment Associate – Asset Management

NYC Private Credit Investment Manager

J Harlan Group is currently conducting a search for an experienced and highly motivated Senior Investment Associate – Asset Management at a prominent Private Credit Fund Manager Headquartered in NYC.

The firm’s Asset Management team manages investments post-close by building 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, Associate candidates will be expected to have strong analytical and modeling skills, business judgment, core financial analytical skills, and the 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:

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.

• · 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, including Results of Operations 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:

• Experience working in private credit, private equity, rating agency, consulting working in credit underwriting, direct lending, private credit, specialty finance, investment banking, consulting, or special situations with specific experience stress testing, evaluating and structuring debt and ABS transactions. Experience working in corporate restructuring or special situations, specifically with hands-on experience in directly managing workouts, restructurings, and crises management with borrowers and company managers., is a Plus.
• In addition to investment and credit monitoring experience, Associate candidates will be expected to have strong analytical and modeling skills, business judgment, and the maturity to own and manage multiple monitoring relationships from initial funding to exit.
• 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 (Balance Sheet, Income Statement and Statement of Cash Flows), 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, is a private investment firm that provides debt capital to small and mid-sized non-sponsored businesses in the U.S., unconstrained by industry or financing asset. They work directly with management teams to grow their companies and build lasting value while providing downside protection to our investors and supporting their borrowers with tailored capital solutions. The Firm makes initial commitments of $10- $50 million with terms of 12 to 36 months. The firm has a dedicated deal team that underwrites transactions along with the Asset Management team that manages investments post-close. Overall, the team is comprised of a highly experienced team of 35 professionals with deep investment and operating expertise. Over their 13-year history, The firm has completed over 150 transactions and has an AUM of >$1.5 billion deployed 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.

SALARY RANGE: The salary range is $145,000 - $175,000 plus employees may also be eligible for annual discretionary incentive compensation. Actual compensation within that range will be dependent upon the individual's skills, experience, qualifications, location, and applicable laws.

Posted On: Tuesday, June 18, 2024