Director Private Credit (f/m/d)

Allianz Popular SL.; London; Hybrid; GBP 150,000 - 250,000; Full time

Job summary

Allianz Global Investors is seeking a Director of Private Credit to join their investment team based in London. The role involves leading the execution of transactions and managing distressed situations, requiring over 12 years of experience in private debt or restructuring. With opportunities for growth and impactful investment in a flexible working environment, this is a strategic position for a seasoned professional eager to influence the future.

Benefits

Flexible working hours

Pension/savings plans

Family support for relocation/childcare

Company share purchasing plan

Mental health and wellbeing programs

Career opportunities within Allianz Group

Self-guided learning & development

Qualifications

• 12+ years of experience in restructuring.
• Ability to manage stressed or distressed situations effectively.
• Fluency in English; German is a plus.

Responsibilities

• Originate and execute transactions as part of the investment team.
• Lead on managing distress situations and work-out processes.
• Collaborate with asset management and oversee early signs of distress.

Skills

Restructuring

Negotiation

Financial Analysis

Portfolio Management

Relationship Management

Job description

Join us. Let’s care for tomorrow.

At Allianz Global Investors we foster a culture of professionalism, fulfilment, and an inclusive working environment. Do you want to be part of a leading active asset management company? Then join us now!

This is a great moment to join us as we are hiring aDirector Private Credit. This position is based in Munich or London.

You will be part of the investment team, doing origination and execution of transactions. You will also be in charge of managing any stressed situations in the corporate portfolio and lead on distressed situations that may arise.

Based in Zurich, Paris, London, Munich, Rotterdam and Singapore, the Direct Lending platform is composed of 28 investment professionals (including 3 dedicated to asset management). With c. €10bn AUM, we invest in European mid-market direct lending transactions (including Impact transactions), in Emerging Markets and have a dedicated Asia strategy.

Please submit a cover letter to support your application, highlighting your experience in managing stressed & work out situations

What you will do

• Part of the investment team doing origination and execution of transactions

• Maintain relationships with private equity sponsors, advisors, corporates, and counsels
• Contribute to investment and IC, in particular with regard to structuring and way-out
• Facilitating relationships with other teams: Investment committee members, product specialists and support functions (risk management, legal, operations, compliance, products)

• You would be lead on managing distress situations

• I Work with internal and external parties as part of the negotiation process
• Run scenario analysis to elaborate recommendation that maximise value for our investors
• Implement complex work-out and restructuring
• Communicate to clients thought the processes in a constructive way

• Collaborate with asset management team and provide opinion on material waivers and consents
• Work with asset management to oversee early signs of distress
• Monitor market and legal trends
• Participate in fundraising and client due diligence when needed

What you bring

• 12 years + of overall experience with meaningful restructuring experience. Background could be:
• Private debt investment professional with direct restructuring experience
• Special situation group
• Restructuring and debt advisory firm
• Portfolio management function of a bank or an asset manager, with a focus on work-out / restructuring
• Track-record of managing stressed or distressed situations
• Strong negotiator, able to drive complex restructuring and workouts, including through DIP financing, debt for equity swaps, enforcement of securities across European jurisdictions, preferably Germany, France, UK
• Strong investment conviction, able to run a credit process, including in-depth financial, credit and legal analysis
• Capacity and appetite to originate investment opportunities and build networks / relationships
• Fluency in English. German would be a plus.
• Represent us at a senior level and interacts with clients, borrowers, and PE funds
• Investor-centric approach
• Eagerness to join a developing platform with a sustainability, transition and impact investing passion and entrepreneurial spirit
• Ability to work for different type of direct lending transactions (senior, unitranche) and to work both on restructuring and on new transactions

What we offer

• We empower our employees by ensuring flexible work arrangements that maintain a balance between performance, productivity, career development and personal priorities (e.g., hybrid model/ flexible working hours)
• Securing your future: Access to company pension/savings plans
• Family support (relocation/ childcare facilities)
• Company share purchasing plan
• Mental health and wellbeing programs
• Mobility solutions (Jobrad bike leasing, subvention Jobticket)
• Career opportunities within the entire Allianz Group
• Self-guided learning & development
• … and so much more!