Asset Based Finance Platform Associate

Sixth Street group; New York (NY); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Long-term disability insurance

Short-term disability insurance

401(k) plan

Paid holidays

Paid sick days

Time off

Job summary

Sixth Street seeks an Investing Associate for its Asset Based Finance team in New York. You will analyze, underwrite and execute corporate finance transactions across industries, with emphasis on assets and platforms in various markets.

The role requires strong financial modeling and valuation capabilities and prior experience in financial institutions is preferred. The position offers a base salary with discretionary bonus and a comprehensive benefits package, including health, life, disability

Qualifications

• Strong financial modeling skills.
• Superior valuation, modeling and Excel skills.
• Experience evaluating financial assets in FI setting is preferred.

Responsibilities

• Conduct due diligence on investment opportunities including valuation and financial modeling.
• Prepare and present due diligence materials and investment committee memos.
• Monitor portfolio companies and value investments on a quarterly basis.
• Interact with external counterparties to negotiate terms and structure transactions.

Skills

Financial modeling

Valuation

Excel

Tools

Excel

Job description

Job Description:About Sixth Street Asset Based FinanceSixth Street, a leading global investment firm dedicated to developing innovative investment strategies and fostering growth across various stages of business, is seeking an Associate for its market leading Asset Based Finance team. The Sixth Street Asset Based Finance group is at the forefront of asset/platform investing and origination, working across diverse financial markets, including residential and commercial mortgages, consumer assets, commercial equipment, renewables and energy finance, infrastructure debt and transportation. The Asset Based Finance team is a critical strategic capital partner and investor to companies and management teams and a solutions provider at scale.The RoleThis is a full-time Investing Associate role based in New York. As an Associate on the Asset Based Finance team, you will have responsibility for analyzing, underwriting and executing corporate finance transactions across industries. The Asset Based Finance group is at the forefront of FIG private equity investing, working across industries, geographies, and capital structures.Core ResponsibilitiesConducting due diligence on investment opportunities, including in-depth analysis on specialty finance companies and financial institutions (detailed valuation and financial modeling, sensitivity analysis, DCF analysis, comparables analysis, etc.)Preparing and presenting due diligence materials, screening, and investment committee memosOngoing monitoring of portfolio companies and quarterly valuation of investmentsInterfacing and negotiating with external counterpartiesWhat We ValueHighly motivated, entrepreneurial, and team-oriented candidates with strong financial modeling skillsCommercial and Results OrientationTeam orientation and influencing skillsHigh Trust and IntegrityStrategic / Entrepreneurial MindsetStrong combination of organizational and interpersonal/communication skillsPreferredFinance or Investment Banking experience within a Financial Institutions focused group (1-4 years of experience)Superior valuation, modeling, and Excel skills evaluating financial assetsHighly motivated, entrepreneurial, and team-oriented candidates with strong accounting, finance, modeling, and problem solving skillsStrong combination of organizational and interpersonal/communication skillsKeen interest in the financial markets and good commercial instinctsCompensationThe base salary for this position is expected to be between $150,000 and $200,000. The base salary offered to the selected candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by Sixth Street in its sole discretion.In addition to base salary, this position is eligible for an annual discretionary bonus and a competitive benefits package. Benefits offered currently include health, life, long-term and short-term disability insurance and a 401(k) plan. In addition, this role is eligible for paid public holidays (NYSE calendar), paid sick days pursuant to local laws, and additional reasonable time off subject to manager approval.If a job offer is extended for a location other than New York, the salary range may differ based on the location.About Sixth StreetFounded in 2009, Sixth Street is a leading global investment firm dedicated to developing themes and offering solutions to companies across all stages of growth.Our firm is designed for cross-platform collaboration at scale: we build businesses, invest for growth, acquire assets, provide direct financing, identify value in public markets, purchase royalty streams, and regularly develop first-of-their-kind structures to meet the strategic objectives of management teams.We do all this globally and as one unified team of investment and control-side professionals working on behalf of our institutional investors and their beneficiaries around the world.We believe adhering to our core values is a competitive advantage. Everyone on our team contributes their perspectives and expertise to help us solve complex challenges and get to the right answer. At Sixth Street, the best idea wins.Sixth Street is proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran or military status, disability, genetic predisposition, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws.Pursuant to the San Francisco Fair Chance Ordinance, Sixth Street will consider for employment qualified applicants with arrest and conviction records.If you need a reasonable accommodation to fill out this application, please contact Cindy Bombara .Please refer to the privacy notice on our website for additional information regarding our obligations under the California Consumer Privacy Act (“CCPA”).If you are not eligible for this role, please refer to our Careers Page for other opportunities.