Associate Director, Structured Credit and Fund Finance Portfolio Management

Orix • New York, NY

1d • $150,000 - $185,000 • Hybrid

About The Position

ORIX’s Portfolio Management team is seeking to hire an Associate Director for its New York office. The Portfolio Management team reports to the Head of Integrated Risk and Portfolio Management and is responsible for the ongoing portfolio management and monitoring of ORIX’s investments across its Private Credit, Private Equity, and Real Estate businesses. Its key function is to identify credit migration and risk mitigation strategies in coordination with the business and the Risk Management team. The Associate Director’s overall objective is to manage ORIX’s portfolio exposure to Structured Credit, Asset Based Finance, and Fund Finance assets. The Associate Director will determine the appropriate investment risk ratings through the ongoing review of financial metrics, the completion of periodic reviews of business line reports, liquidity and valuation analysis, covenant review and testing, monitoring of industry news articles and other early warning alerts, quarterly investment reporting, and the preparation of Watch-List review. In this role, the Associate Director will work closely with the Originations and Underwriting teams to actively manage the dialogue with the underlying portfolio assets and assist in the evaluation of amendments and/or collateral modifications. In parallel, the Associate Director will also work with other members of the Portfolio Management team and other stakeholders on various strategic initiatives related to portfolio management, including enhancements to data quality, management and reporting, process improvements, credit research papers, and the development/review of policies and procedures. This is not a trading role.

Requirements

• At least 3+ years of underwriting, portfolio management and/or credit review experience related to structured credit, asset based finance, or fund finance at an investment bank, large commercial bank or insurance company
• Undergraduate degree in finance, accounting, economics, or related subject
• In-depth understanding of structured credit, including a strong understanding of legal documentation and traded CMBS, RMBS, CLO products
• Strong accounting and financial modeling skills
• Strong analytical skills
• Superior analytical, organizational, and written and verbal skills
• Excellent interpersonal skills and ability to work cross-functionally
• Advanced knowledge of Excel. Strong PowerPoint and presentation skills
• Ability to meet tight deadlines and manage multiple tasks at the same time
• Motivated, self-starter, and team player; strong work ethic and positive attitude
• Ability to learn quickly and demonstrated ability to work independently and as part of a high-performance team

Nice To Haves

• Experience in structuring bespoke asset backed financing or fund finance a plus
• Completion or progress towards an MBA or CFA preferred
• Completion of a formal credit training program is a plus

Responsibilities

• Monitoring of Structured Credit, Asset Based Finance, and Fund Finance portfolio investments – analyze financial KPIs, underlying end markets, and sector trends; track financial performance and covenants against expectations; understand levers and negotiation tactics associated with credit documentation; prepare discussion materials for internal portfolio reviews, and present to senior management
• Financial and credit analysis – review valuation analyses; assess asset values, collateralization and liquidity; recommend changes to risk ratings, credit reserves, and impairments; evaluate amendment and/or collateral modification requests
• Monitor portfolio KPIs and communicate and co-ordinate risk mitigation strategies as risk(s) evolve
• Prepare portfolio management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity
• Establish and leverage cross-business partnerships and network with key internal and external constituencies
• Assist the Portfolio Management team on various projects, which may focus on, but are not limited to, data quality, monitoring process, or governance
• Other projects and duties as assigned

Benefits

• Other rewards and benefits include cash bonuses, long term incentives, health insurance, accident and life insurance, and retirement benefits.
• We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.
• We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.
• ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.
• ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees