Leveraged Loans & CLO Analyst (2)
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Leveraged Loans & CLO Analyst (2)
Location: New York, NY
The firm is a privately-held, SEC registered investment advisor focused on leveraged loans and collateralized loan obligations (CLOs). They currently act as the portfolio manager for 12 CLOs with approximately $4.8 billion in broadly-syndicated and middle market loan assets under management.
Job Description
- Analyst with 3 – 7 years of overall experience with a generalist background
- Underwriting of leveraged loan transactions as well as monitoring existing exposures within assigned industry sectors
Ideal Applicant
- Significant experience in bank loan underwriting and research with in-depth quantitative credit, financial analytical, and critical thinking skills expertise
- Demonstrated modeling, written and verbal communication skills with attention to detail
- Significant experience analyzing CIMs, models, credit agreements, and term sheets
- Team player who is a resourceful self-starter, willing to assist with the training of junior analysts, and to work on special projects
- Some knowledge of utilities, packaging or mining industries helpful but not necessary
- CFA, MBA, and/or formal credit training
Underwriting
- Analyze primary issuance and secondary market opportunities
- Conduct investment due diligence
- Assess key credit considerations
- Preparation of underwriting approval/decline memos for formal credit committee approval
Portfolio Monitoring
- Continuous oversight/coverage of all investments
- Provide quarterly analysis of financial and operating performance
- Prepare amendment, waiver, and consent requests
- Buy/hold/sell recommendations based on credit and relative value
Contact: Fred Dearborn
fdearborn@randthompson.com