Portfolio Management Senior Associate (Restructuring)

A highly-regarded private investment firm in Chicago with over ~$40B AUM is looking to add a Senior Associate to focus on Private Credit Portfolio Restructuring/Workouts. This individual will be responsible for managing existing investments in direct, club and syndicated leveraged loan transactions. The Senior Associate will work as part of a team focusing on early intervention and managing the firm's higher risk rated investments (senior debt, junior capital, and equity). This is an exciting opportunity to join a growing team within a successful platform.

Responsibilities:

• Lead in the management of a select portfolio of the firm's higher risk rated investments through enhanced financial/operational monitoring and frequent interaction with company management, financial sponsors, and third-party consultants/financial advisors.
• Design, develop and implement strategies for maximizing portfolio investment recoveries.
• Prepare analysis and modeling of potential restructuring alternatives.
• Conduct negotiation with various constituencies including financial sponsors, company management, other bank group members, and other lenders in the capital structure.
• Coordinate and manage legal counsel and other external professionals, including consultants and financial advisors.
• Prepare and present restructure/amendment/waiver memorandums.
• Provide regular financial and strategic updates (both written and verbal) on portfolio accounts.

Qualifications:

• Bachelor's degree with a strong academic record from a top-tier undergraduate university
• Strong research, accounting and financial analysis skills, with the ability to build financial models, analyze financial statements, and interpret cash flow dynamics
• 3-5+ years of experience in one or more of the following areas:
• Principal investing (e.g., private credit, private equity, etc.)
• Special situations investment banking (debt placements, refinancing or distressed M&A)
• Restructuring/turnaround/lender advisory or interim management
• Leveraged finance and portfolio management

If you meet the qualifications, please apply now!