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Job Description: Senior Distressed Debt Associate
Position Overview:
We are seeking an experienced and highly analytical Senior Distressed Debt Associate to join our private credit investment team. This role offers a unique opportunity to lead the sourcing analysis and management of distressed debt investments across various industries. The ideal candidate will have extensive expertise in credit analysis restructuring and special situations investing with a proven ability to identify opportunities and create value in distressed and turnaround scenarios.
Key Responsibilities: Investment Sourcing and Evaluation:
- Identify and evaluate distressed debt investment opportunities through market research and industry networking.
- Conduct indepth credit analysis including financial statement reviews recovery scenarios and restructuring potential.
- Develop and oversee detailed financial models to assess capital structures liquidation outcomes and riskadjusted returns.
- Prepare and present comprehensive investment memoranda and recommendations to internal investment committees.
Due Diligence and Transaction Execution:
- Lead due diligence processes including financial operational and legal reviews.
- Collaborate with external advisors and internal teams to assess risks and opportunities in distressed investments.
- Support the structuring and negotiation of transaction terms including loan agreements covenants and recovery plans.
- Oversee transaction documentation and ensure compliance with internal and regulatory standards.
Portfolio Management:
- Monitor the financial and operational performance of distressed debt investments ensuring compliance with restructuring terms.
- Collaborate with management teams and advisors to implement turnaround strategies and drive value creation.
- Prepare and present regular updates on portfolio performance highlighting risks opportunities and strategic recommendations.
- Support exit strategies including refinancing recapitalizations or asset sales.
Strategic Development and Market Research:
- Stay informed on trends in distressed credit markets bankruptcy laws and restructuring practices.
- Contribute to the development of investment strategies and frameworks for distressed debt and special situations.
- Conduct research to identify emerging opportunities and enhance the firms competitive edge.
Team Leadership and Collaboration:
- Mentor and guide junior team members providing training in financial modeling credit analysis and transaction management.
- Collaborate with senior leadership to refine investment strategies and streamline processes.
- Represent the firm in discussions with borrowers advisors and industry stakeholders.
Qualifications: Educational Background:
- Bachelors degree in Finance Economics Accounting Business Administration or a related field (required).
- Advanced degree (MBA or Masters in Finance) or CFA designation is preferred but not required.
Professional Experience:
- 5 7 years of experience in distressed debt investing private credit restructuring advisory or special situations.
- Proven expertise in financial modeling credit underwriting and transaction execution.
Skills and Competencies:
- Advanced financial modeling and valuation expertise with proficiency in Excel.
- Strong understanding of distressed debt markets restructuring principles and turnaround strategies.
- Excellent written and verbal communication skills with the ability to articulate complex ideas effectively.
- Highly organized and detailoriented with the ability to manage multiple projects and deadlines.
- Proficiency in financial tools and databases such as Bloomberg S&P Capital IQ or similar platforms.
Personal Attributes:
- Entrepreneurial mindset with a proactive and resultsdriven approach.
- Strong interpersonal and relationshipbuilding skills with the ability to collaborate effectively across teams and with external stakeholders.
- Passion for distressed debt investing and creating value through innovative strategies.
- Adaptable and capable of thriving in a dynamic and fastpaced environment.