Vice President - Private Credit Workouts
A private investment firm in Chicago with over ~$30B AUM is looking to add a Vice President to focus on Private Credit 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).
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.
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
- Extensive knowledge and experience with Microsoft Office products (especially Excel)
- 5-7+ 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
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