Senior Investment Associate - Corporate Debt

LegalAndGeneral • Chicago, IL

21h • $150,000 - $170,000

About The Position

The Senior Investment Associate is primarily responsible for the origination, analysis, execution and management of corporate debt investments for L&G’s clients, including industrials, utilities, REITs, healthcare, sports leagues, insurance companies and various other sectors. The role will also include supporting other Private Credit verticals and wider team initiatives, such as new client marketing & origination, new sector/product research, and improving operational processes and procedures

Requirements

• The candidate is likely to have experience in investment grade private credit, private placements, investment banking, commercial banking, leveraged lending, direct lending, high yield, or other relevant sectors, with a deep understanding of identifying and mitigating credit risks
• Bachelor's Degree, preferably in Finance, Accounting, and/or Economics, required
• 5+ years of credit experience required
• Direct experience underwriting and executing investment grade or sub-investment grade debt transactions
• The candidate will need to be self-motivated, proactive, have strong critical thinking and analytical skills, and know how to communicate effectively in a variety of settings
• Experience working with, training and leading less experienced members of the team

Nice To Haves

• Completion of a rotational training program in commercial banking, investment banking, or a rating agency is preferred
• Chartered Financial Analyst (CFA) credential or pursing CFA preferred

Responsibilities

• Originate and filter new potential corporate debt investments according to suitability for LGIMA’s clients. Origination to include liaising with borrowers, intermediaries, and sponsors, as well as attending conferences and other industry events, to build and maintain market connections
• Act as Deal Captain on transactions that demonstrate attractive risk-adjusted returns and meet client requirements, taking ownership of due diligence, credit ratings, documentation review and negotiation, all approval processes, and execution/closing
• Manage existing investments by reviewing borrower reporting, rating agency reports, processing and escalating waiver requests, and producing quarterly reviews
• Role will require the candidate to work closely with colleagues in Chicago and London, working cross-border with legal, credit, operations and business management teams
• Manage key internal and external stakeholder and borrower relationships, including discussing pipeline and portfolio updates with clients
• Research new sub-sectors and products that could be appropriate investments for LGIMA clients, and support internal and external education / approvals to invest in new products that we believe show attractive risk-adjusted returns
• Support preparation of marketing materials for potential clients, and help the solutions team develop new products for Private Credit
• Work with junior talent in the team to develop their technical and soft skills, providing them with opportunities to learn, grow and progress their careers

Benefits

• Full time employees may be eligible for health insurance with an optional HSA, short term disability, long term disability, dental insurance, vision care, life insurance, Healthcare, Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs.
• Additional voluntary programs include: supplemental health benefits including accidental injury, critical illness and hospital indemnity insurance and pet insurance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees