Associate, Asset Backed Finance

Responsibilities

• Contribute to all phases of the investment process, from sourcing to investment realization.
• Follow up on introductions and inquiries of potential relevance to the ABF strategy.
• Collect, evaluate, organize and summarize initial information accompanying an ABF opportunity.
• Participate in calls, virtual meetings and in-person meetings with asset originators, borrowers, sellers and their respective advisors.
• Lead or participate in diligence, negotiation of terms and documentation, building models and preparing investment memoranda for consideration by the ABF investment committee.
• Gain familiarity with Oaktree’s various pools of capital available for ABF investments.
• Present information about investments, both actual and considered, to partners such as clients, prospects, financing providers and co-investors.
• Monitor, surveil and value existing investments.
• Train and supervise associates and analysts on the ABF team.
• Perform other tasks as required.

Qualifications

• 2-5+ years relevant experience within asset finance or structuring.
• Either sell-side at an investment bank and/or buy-side investing across securitized collateral types at an investment manager.
• Strong quantitative background.
• Facility with Excel and PowerPoint, commensurate with years of experience.
• Strong experience reviewing financial agreements for relevant business points and finding answers to specific questions.
• Knowledge of fixed income fundamentals, asset backed finance and securitization, cash-flow modeling, and structuring, commensurate with years of experience.
• Experience in executing private asset-backed investments (without relying on an arranging bank to structure the investment) preferred but not required.
• Experience leading rating process of an asset-backed investment preferred but not required.

Personal Attributes

• Clever, intellectually curious, resourceful, enjoys solving problems, quick study.
• Driven, productive, responsible, detail oriented, organized.
• Team oriented with high integrity.
• Professional and a strong communicator in a variety of formats.
• Effective teacher and student.

Education

Bachelor’s degree required.

Benefits

• Base Salary Range: $150,000
• Eligible for discretionary bonus incentives.
• A comprehensive benefits package.
• A flexible work arrangement.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors.