Senior Associate, Structured Investments

About the role

Member of NAMCO team responsible for analysis of and buy/sell recommendations on investment offerings of middle-market Collateralized Loan Obligations (CLOs), private-credit structured transactions, asset-backed securities, ABF and residential whole loans. Responsible for portfolio surveillance and portfolio management of existing portfolio.

Responsibilities

• Support the Structured Investments Group for sourcing and underwriting new investments including both public and private structured securities, CFOs, rated feeders and other bespoke structures
• Monitor existing investment holdings by performing regular financial and qualitative reviews to detect changes in credit quality in an effort to minimize losses
• Work closely with the Portfolio Management Group to ensure investment commitments meet portfolio requirements / guidelines
• Support the management of troubled and watch-list assets and recommend sales as appropriate to reduce possible losses
• Support the presentation of transactions to Investment Review Committee
• Support hedging efforts as needed
• Work closely with internal and external legal counsel to document commitments and related maintenance documents
• Meet all internal and external reporting requirements as mandated by management
• Develop and maintain 3rd party manager relationships of SMAs, facilitate the structuring of new SMAs and other mandates
• Perform other duties as assigned

Knowledge, Skills And Abilities

• Experience in structured securities, particularly CLOs, private credit and other ABS
• Confidence in making buy/sell recommendations with logical support and documentation
• Bachelor or master’s degree in finance, economics, business administration or other related field(s) preferred
• CFA designation a plus
• Strong communication skills (verbal, written and presentation)
• Proficient with computer software programs such as Word, Excel, Power Point, etc.
• Proficient in transaction monitoring/modeling systems including Intex and others
• Comfortable dealing with people with a wide range of backgrounds (i.e., From sophisticated CEOs, CFOs at due diligence meetings to relatively unsophisticated staff members)

Benefits

• Medical, dental, vision, and dependent life insurance benefits to employees' spouses and dependent children
• Benefit coverage begins on the date of hire (retroactively)
• Holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities

Pay

The base salary for this position falls within the range of $140,000+ depending upon experience.