Director, Private Fixed Income - SLC Management

SLC Management•Wellesley, MA

3d•Hybrid

About The Position

SLC Management is seeking a Director, Private Fixed Income to join the Corporate Private Placement team in Wellesley, MA. This role will contribute to the investment grade portfolio objectives of the Private Fixed Income (PFI) group. SLC's Private Fixed Income group is a leading investor in North America, managing over $41 billion in private debt for institutional clients. The team comprises over 50 investment professionals across Corporate Credit, Infrastructure Debt, and Structured Credit, with an annual investment program exceeding $8 billion. PFI holdings consist of high-quality, investment-grade, negotiated, and customized transactions that offer yields superior to comparable public securities. The ideal candidate will focus on origination, credit underwriting, and portfolio management to drive business growth. Key attributes include natural leadership, the ability to work independently and thrive in a team, strong financial statement analysis, and investment analysis skills for underwriting new investments and monitoring existing ones.

Requirements

Bachelor’s degree required
3-7 years of relevant post-undergraduate work experience
Strong written skills as evidenced by professional experience
Investment and accounting proficiency as evidenced by professional experience
Understanding of the fundamental principles of debt and equity markets and instruments
Ability to analyze financial statements, calculate a broad range of financial ratios and interpret/communicate results
Detailed knowledge of Microsoft applications, proficient use of Bloomberg and Capital IQ
Ability to work both independently and collaboratively and eager to take on responsibility
Comfortable interacting and leading discussion with senior leaders
Established organizational abilities and time management skills with ability to multitask
Advanced problem solving and conceptual thinking skills

Nice To Haves

Progress towards, or completion of CFA designation is a plus
Exceptional credit underwriting capabilities including rating analysis, financial modeling, and risk/return assessment and legal structure understanding
Demonstrated relationship-building and negotiation skill through outreach to banks, borrowers, rating agencies and other institutional investment peers
Detail-oriented portfolio management skills including experience with consents, quarterly and annual investment monitoring, and credit ratings
Contribute to New Business Volume targets by sourcing, analyzing and structuring investment opportunities that demonstrate an acceptable risk/return relationship
Strong interpersonal skills and professional presentation, with demonstrated leadership capabilities, and the ability to network within the organization and broader private placement market

Responsibilities

Originate new investment opportunities within the investment grade market; primarily corporate private placement transactions
Prepare detailed investment memos through strong credit underwriting, detailed financial modeling and analysis
Develop detailed written annual reviews, financial analysis, models and amortization schedules
Credit rating analysis through peer comparables and credit risk scorecards
Prepare management reports on the status and performance of the portfolio
Evaluate potential investments for portfolio suitability by conducting company and industry research, credit and relative value comparable analysis, due diligence
Determine whether the risk-return profile is acceptable through credit and pricing comparable analysis
Negotiate deal bidding and legal documentation on behalf of clients