Portfolio Optimization Professional

Prospect Capital • New York, NY

12d • Hybrid

About The Position

Prospect Capital Management (PCM) seeks a strategy and operations expert to assist in improving the performance at a set of U.S. Middle Market businesses which we control (“Portfolio Optimization”). PCM is an asset manager managing Prospect Capital Corp. (PCC), a publicly traded investment company (a BDC/RIC) with approximately $9.4B AUM. Amongst other investment strategies, PCC maintains controlling equity stakes in a set of 18 U.S. Middle Market businesses (the "Businesses"). The Businesses operate in a range of industries with headquarters and operations in various U.S. states. PCM has its primary office in New York City and is comprised of 140+ professionals. The candidate would spend time primarily at the PCC Businesses but also at PCM’s NYC offices. Prospect seeks a motivated and proactive professional to join the Portfolio Optimization team within PCM. The role requires significant travel and in-person involvement with the managers, staff, and operations of the various Businesses. The ideal candidate will have 8+ years of experience in operational or strategy consulting, including meaningful training in improving the operations of middle market businesses, across industries, with a U.S. focus. This role requires a self-starter eager to spend time on-site working with the senior managers of the 18 Businesses presently controlled by PCC. The candidate will work to optimize all aspects of each Business, with support from others at PCM.

Requirements

• 5+ years of operational or strategy consulting experience, or private equity portfolio operations, with a record of problem-solving and performance improvement in various business situations.
• Ability to work independently, on-location, and to integrate with management teams.
• Strong analytical and quantitative skills.
• Excellent verbal and written communication abilities.
• Proficiency in financial modeling and data analysis tools.
• Proactive, results-oriented mindset with a strong work ethic.
• Intellectual curiosity and eagerness to learn.
• Strong interpersonal skills and the ability to build relationships across the organization.

Nice To Haves

• MBA or equivalent advanced degree preferred.

Responsibilities

• Collaborate with portfolio company leadership teams to assess and improve key operational processes, enhance efficiency, and maximize profitability.
• Drive special projects, such as marketing overviews, digital transformation, go-to-market strategy, and operational due diligence, from concept to completion.
• Identify opportunities for revenue growth, cost reduction, and margin improvement across portfolio companies.
• Develop and implement key performance indicators (KPIs) to track the performance of portfolio companies.
• Lead initiatives to streamline operations, optimize supply chains, and improve organizational performance, reducing waste and improving productivity.
• Prepare detailed reports and presentations to communicate findings and recommendations to Business senior management and to Prospect.

Benefits

• 100% employer-paid premiums for medical, dental, vision insurance, life insurance, and AD&D.
• Pretax benefit accounts, including FSA, HSA, and Commuter accounts.
• Mentorship program
• Daily in-office paid breakfast and lunch
• Company-sponsored ski and sailing trips
• Regular happy hours

What This Job Offers

• Job Type: Full-time
• Career Level: Senior