Senior Investment Associate, Alternative Debt
L&G – Asset Management, America · Chicago, IL · 2 wk ago
Finance$150k–$170k/yrFull-time
About the role
The Senior Investment Associate is primarily responsible for the origination, analysis, execution and management of alternative debt investments for L&GIMA's clients, including fund finance, non-bank financials, future flows, securitizations, monetizations, insurance-wrapped and structured real estate transactions. The role will also include supporting other Private Credit verticals and wider team initiatives, such as new client marketing & origination, new sector/product research, and improving operational processes and procedures.
Responsibilities
- Originate and filter new potential alternative debt investments according to suitability for LGIMA's clients. Origination to include liaising with borrowers, intermediaries, and sponsors, as well as attending conferences and other industry events, to build and maintain market connections
- Act as Deal Captain on transactions that demonstrate attractive risk-adjusted returns and meet client requirements, taking ownership of due diligence, credit ratings, documentation review and negotiation, all approval processes, and execution/closing
- Manage existing investments by reviewing borrower reporting, rating agency reports, processing and escalating waiver requests, and producing quarterly reviews
- Work closely with colleagues in Chicago and London, working cross-border with legal, credit, operations and business management teams
- Manage key internal and external stakeholder and borrower relationships, including discussing pipeline and portfolio updates with clients
- Research new sub-sectors and products that could be appropriate investments for LGIMA clients, and support internal and external education / approvals to invest in new products that we believe show attractive risk-adjusted returns
- Support preparation of marketing materials for potential clients, and help the solutions team develop new products for Private Credit
- Work with junior talent in the team to develop their technical and soft skills, providing them with opportunities to learn, grow and progress their careers
Requirements
- Direct experience originating, structuring, and executing investment grade or sub-investment grade debt transactions to fit within specific client mandates
- A deep understanding of identifying and mitigating credit risks
- Self-motivated, proactive, with strong critical thinking and analytical skills, and effective communication skills
- Experience working with, training and leading less experienced members of the team
Qualifications
- 5-7 years of investment experience in structured credit or other relevant sectors
Skills
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to manage multiple tasks and priorities
- Proficiency in financial modeling and valuation techniques
Benefits
L&G offers a comprehensive benefits package including:
- Health insurance with an optional HSA
- Short and long-term disability
- Dental and vision care
- Life insurance
- Flexible spending accounts for healthcare and dependent care
- 401(k)
- Vacation and sick time
- An employee assistance program
- Commuter and transit programs
Pay
$150,000 - $170,000 yearly
Schedule
Hybrid