VP - NGC Credit & Restructuring

Phoenix Companies Inc.•New York, NY

30d•$180,000 - $210,000•Onsite

About The Position

This role will support Nassau Global Credit's research team and portfolio managers with investment workout and due diligence as well as portfolio management and other duties. This individual will support investments across leveraged loans and high yield bonds in NGC's strategies: CLOs, total return and opportunistic credit. In addition to leading our active restructurings and managing watchlist credits, this individual will serve as a research analyst with sector coverage and maintain the ability to recommend investments across strategies. In this role, it is expected that you will assist with a wide variety of routine and non-routine duties related to investment research and management. Nassau Global Credit ("NGC") is an institutional credit manager focused on tradable markets with a bottom- up fundamental approach to investing, leveraging our industry expertise and active portfolio management. NGC is headquartered in New York, with offices in Connecticut and London, and manages $7bn across securitized, total return, and opportunistic credit. NGC is a subsidiary Nassau Asset Management and the larger Nassau Financial Group ("NFG"). Nassau Financial Group is a growth-focused financial services company with insurance and asset management businesses that was founded in 2015 with $25bn in assets under management. This role is based in New York City with four or more days in the office.

Requirements

7+ years of experience in liquid below investment grade corporate credit, with direct experience in loan workouts and restructurings, including chapter 11 bankruptcy
Bachelor's degree in related field
Demonstrated aptitude for credit research and related functions as well as experience reviewing and analyzing related legal documents
Self-motivated and driven leader with the ability to work effectively in a dynamic environment
Strong written and verbal communication skills
Ability to form and summarize complex ideas
Proven track record of partnership and teamwork

Responsibilities

Assist in investment workout and research due diligence efforts ranging from: Developing and executing strategies to navigate active restructurings and support control equity positions that maximize returns
Engaging and communicating with third-party stakeholders ranging from banks, law firms and other advisors as well as credit investors, equity sponsors and management teams
Identify, evaluate and provide recommendations on investment opportunities, including both new issues and existing portfolio holdings
Managing internal communication to global investment committees and other constituents at Nassau Global Credit including drafting of presentations and other documents
Monitor portfolio of at-risk (watch list) credits and aid research team with overall management of portfolio
Monitoring news and other relevant market information daily and updating portfolio managers, research teams and other constituencies
Managing at-risk position recommendations based on market conditions and other factors
Supporting multiple strategies across both levered and unlevered investment vehicles
Aid in internal reporting and administration such as:
Preparing reports and analytics on holdings for Nassau Financial Group
Assisting operations and compliance teams with reporting and other tasks
Perform other duties as assigned