Senior Associate, Structured Investments

Nassau Financial Group•New York, NY

6d•$140,000•Onsite

About The Position

Member of NAMCO team responsible for analysis of and buy/sell recommendations on investment offerings of middle-market Collateralized Loan Obligations (CLOs), private-credit structured transactions, asset-backed securities, ABF and residential whole loans. Responsible for portfolio surveillance and portfolio management of existing portfolio.

Requirements

Experience in structured securities, particularly CLOs, private credit and other ABS
Confidence in making buy/sell recommendations with logical support and documentation
Bachelor or master’s degree in finance, economics, business administration or other related field(s) preferred. CFA designation a plus
Strong communication skills (verbal, written and presentation)
Proficient with computer software programs such as Word, Excel, Power Point, etc.
Proficient in transaction monitoring/modeling systems including Intex and others
Comfortable dealing with people with a wide range of backgrounds (i.e., From sophisticated CEOs, CFOs at due diligence meetings to relatively unsophisticated staff members)

Nice To Haves

CFA designation a plus

Responsibilities

Support the Structured Investments Group for sourcing and underwriting new investments including both public and private structured securities, CFOs, rated feeders and other bespoke structures
Monitor existing investment holdings by performing regular financial and qualitative reviews to detect changes in credit quality in an effort to minimize losses
Work closely with the Portfolio Management Group to ensure investment commitments meet portfolio requirements / guidelines
Support the management of troubled and watch-list assets and recommend sales as appropriate to reduce possible losses
Support the presentation of transactions to Investment Review Committee
Support hedging efforts as needed
Work closely with internal and external legal counsel to document commitments and related maintenance documents
Meet all internal and external reporting requirements as mandated by management
Develop and maintain 3rd party manager relationships of SMAs, facilitate the structuring of new SMAs and other mandates
Perform other duties as assigned