Portfolio Optimization Professional

Prospect Capital Management; New York (NY); On-site; USD 100,000 - 300,000; Full time

Benefits offered by this job

Mentorship program

Daily in-office breakfasts and lunches

Company-sponsored ski trips

Sailing trips

Regular happy hours

Job summary

Prospect Capital Management (PCM) seeks a strategy and operations expert to enhance portfolio performance across 18 U.S. middle market businesses controlled by PCC.

The role requires significant travel and on-site work with senior managers, primarily at PCC businesses and PCM’s NYC offices. The ideal candidate has 8+ years in operational or strategy consulting, with a focus on middle market improvement, and can lead projects from concept to completion, driving value creation and KPI-based

Qualifications

• MBA or equivalent advanced degree preferred.
• 5+ years of operational or strategy consulting experience, or private equity portfolio operations, with a record of problem-solving and performance improvement in various business situations.
• Ability to work independently, on-location, and to integrate with management teams.
• Strong analytical and quantitative skills.
• Excellent verbal and written communication abilities.
• Proficiency in financial modeling and data analysis tools.

Responsibilities

• Operational Strategy: Collaborate with portfolio company leadership teams to assess and improve key operational processes, enhance efficiency, and maximize profitability.
• Project Leadership: Drive special projects, such as marketing overviews, digital transformation, go-to-market strategy, and operational due diligence, from concept to completion.
• Value Creation: Identify opportunities for revenue growth, cost reduction, and margin improvement across portfolio companies.
• Performance Monitoring: Develop and implement KPIs to track the performance of portfolio companies.
• Process Improvement: Lead initiatives to streamline operations, optimize supply chains, and improve organizational performance, reducing waste and improving productivity.
• Reporting: Prepare detailed reports and presentations to communicate findings and recommendations to Business senior management and to Prospect.

Skills

Analytical skills

Verbal & written communication

On-site collaboration

Financial modeling

Data analysis

Independent working

Interpersonal skills

Education

MBA or equivalent advanced degree

Tools

Financial modeling tools

Job description

Prospect Capital Management (PCM) seeks a strategy and operations expert to assist in improving the performance at a set of U.S. Middle Market businesses which we control (“Portfolio Optimization”).

PCM is an asset manager managing Prospect Capital Corp. (PCC), a publicly traded investment company (a BDC/RIC) with approximately $9.4B AUM. Amongst other investment strategies, PCC maintains controlling equity stakes in a set of 18 U.S. Middle Market businesses (the "Businesses"). The Businesses operate in a range of industries with headquarters and operations in various U.S. states. PCM has its primary office in New York City and is comprised of 140+ professionals. The candidate would spend time primarily at the PCC Businesses but also at PCM’s NYC offices.

Job Overview and Responsibilities:

Prospect seeks a motivated and proactive professional to join the Portfolio Optimization team within PCM. The role requires significant travel and in-person involvement with the managers, staff, and operations of the various Businesses. The ideal candidate will have 8+ years of experience in operational or strategy consulting, including meaningful training in improving the operations of middle market businesses, across industries, with a U.S. focus.

This role requires a self-starter eager to spend time on-site working with the senior managers of the 18 Businesses presently controlled by PCC. The candidate will work to optimize all aspects of each Business, with support from others at PCM. Tasks will include:

• Operational Strategy: Collaborate with portfolio company leadership teams to assess and improve key operational processes, enhance efficiency, and maximize profitability.
• Project Leadership: Drive special projects, such as marketing overviews, digital transformation, go-to-market strategy, and operational due diligence, from concept to completion.
• Value Creation: Identify opportunities for revenue growth, cost reduction, and margin improvement across portfolio companies.
• Performance Monitoring: Develop and implement key performance indicators (KPIs) to track the performance of portfolio companies,
• Process Improvement: Lead initiatives to streamline operations, optimize supply chains, and improve organizational performance, reducing waste and improving productivity.
• Reporting: Prepare detailed reports and presentations to communicate findings and recommendations to Business senior management and to Prospect.

Desired Skills and Experience

• MBA or equivalent advanced degree preferred.
• 5+ years of operational or strategy consulting experience, or private equity portfolio operations, with a record of problem-solving and performance improvement in various business situations.
• Ability to work independently, on-location, and to integrate with management teams.
• Strong analytical and quantitative skills.
• Excellent verbal and written communication abilities.
• Proficiency in financial modeling and data analysis tools.
• Proactive, results-oriented mindset with a strong work ethic.
• Intellectual curiosity and eagerness to learn.
• Strong interpersonal skills and the ability to build relationships across the organization.

Why Join Prospect Capital

• Opportunity to work in a dynamic environment with a focus on strategic investment initiatives.
• Collaborate with a team of experienced professionals and contribute to high-impact projects.
• Competitive compensation and benefits package.

The anticipated annual base salary range for this position is $100,000 - $300,000 plus annual discretionary performance-based bonus. Actual pay may be adjusted based on experience and performance.

In addition to the base salary, the hired professional is eligible for comprehensive benefits, including 100% employer-paid premiums for medical, dental, vision insurance, life insurance, and AD&D. You'll also have access to pretax benefit accounts, including FSA, HSA, and Commuter accounts. Our perks go beyond the basics with a mentorship program, daily in-office paid breakfast and lunch, company-sponsored ski and sailing trips, and regular happy hours. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.