Job Description
FIRM SPECIALTY FINANCE OVERVIEW
This Firm’s Specialty Finance is a business development company utilizing the significant experience and expertise of the Firm’s Credit’s Private Credit Group, which has over 20 dedicated professionals around the world who exclusively focus on middle-market investments. This scale enables the team to remain focused on sourcing and analyzing a large opportunity set, while remaining highly selective in approving credits. Our approach facilitates detailed focus on structuring, monitoring, and managing each of its current and prospective portfolio company investments.
THE FIRM’S CREDIT HEDGE OVERVIEW
This hedge is a leading global credit specialist with multi-billions in assets under management. The Firm’s Credit Hedge invests up and down the capital structure and across the spectrum of credit strategies, including leveraged loans, high-yield bonds, distressed debt, private lending, structured products, non-performing loans and equities. Their team of more than 200 professionals creates value through rigorous, independent analysis of thousands of corporate issuers around the world. In addition to credit, the Firm invests across asset classes including private equity, public equity and venture capital, and leverages the firm’s shared platform to capture opportunities in strategic areas of focus.
FIRM OVERVIEW
This Firm is one of the world’s leading private multi-asset alternative investment firms with over one hundred billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since founding, they’ve applied their insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. They leverage their shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, their global team aligns their interests with those of their investors for lasting impact.
KEY RESPONSIBILITIES
Will include some or all of the following for multiple funds across strategy and account type:
· Gain overall understanding of BDC business and manage team at all levels through overall finance responsibilities for liquid and distressed businesses
· Provide support to BDC CFO and Chief Accounting Officer for all Credit BDC Finance needs
· Understand complex investment structures, work through tax, legal and book implications for funds
· Manage team of 3-6 staff
· Review of 10-Q and 10-K SEC filings
· Review of weekly returns and dividend estimate
· Review and assist in the preparation of materials for BDC Board of Directors
· Review investor decks and earnings release materials
· Perform analytical review of quarterly balance sheets and income statements
· Manage year-end audit process and maintain close interaction with outside accountants throughout the year.
· Ensure internal controls are operating effectively and documented appropriately. Maintain close interaction with third party service provider to ensure compliance with Sarbanes-Oxley Act.
· Review compliance tests to ensure BDC’s remain in compliance with regulatory requirements.
GENERAL QUALIFICATIONS
· 6-10 years of public accounting, (financial services preferred), or other relevant work experience/role at similar Investment Advisor in a rigorous environment
· Relevant work experience in fixed income asset classes with familiarity of bank loans, high yield debt and credit derivatives a plus
· Ability to prioritize responsibilities and work under deadlines
· Self-starter with initiative
· Strong problem-solving skills
· Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm
· Ability to decipher complex legal documents
· Dedicated team player with a strong sense of ownership and follow-through skills
· Detail-oriented, conscientious and energetic professional
· Strong Excel skills
EDUCATION
· Four-year college degree with a strong academic background.
· Major in accounting, finance or related degree required.
· CPA, CFA or equivalent qualification a plus.
Effective November 1, 2021, all new U.S. hires must be fully vaccinated against COVID-19 (e.g. 14 days past their final dose of the COVID-19 vaccine and if eligible, have received their COVID-19 booster) or have received a religious or medical exemption from the Firm’s Human Resources team.