Private Credit Portfolio/Asset Management (Structuring, Workout, Restructuring & Portfolio Monitoring)

Mondrian Alpha; New York (NY); In loco; USD 120.000 - 210.000; Tempo pieno

Descrizione del lavoro

Mondrian Alpha, a private credit fund, seeks an experienced Asset Manager in New York to lead distressed assets and covenant breach restructurings. You will perform deep analysis, design restructuring strategies, and manage execution with input from legal and portfolio teams.

Ideal candidates have 4–7 years in asset management or restructuring, an MBA or equivalent, and CFA/CPA is a plus. You will engage with borrowers, co-lenders, and regulators to maximize value for the fund.

Competenze

• MBA or equivalent experience in finance.
• 4-7 years in asset management or restructuring.
• CFA/CPA certification is a plus.

Mansioni

• Analyze distressed assets to identify covenant breaches and restructuring options.
• Develop and oversee restructuring plans including debt restructurings and operational improvements.
• Engage borrowers, co-lenders, legal advisors to negotiate terms.
• Monitor restructured assets within the portfolio and ensure compliance.
• Prepare reports for LPs, management, and regulators on performance and strategy.
• Monitor market trends and regulatory changes affecting distressed assets.
• Collaborate with investment, legal and operational teams for cohesive execution.

Conoscenze

Analytical modeling

Asset restructuring

Negotiation

Multi-project management

Formazione

MBA or equivalent experience

Descrizione del lavoro

The client are a dynamic and innovative private credit fund, specializing in providing flexible financing solutions to mid-market companies. Our approach combines deep sector expertise with a proactive investment philosophy, focusing on creating value through strategic asset restructuring. We're looking for an experienced Asset Manager to join the team, focusing on distressed assets and covenant breaches.

The Asset Manager will play a pivotal role in the Special Situations team, focusing on assets that require restructuring due to covenant breaches or other financial distress. This role involves deep analysis, strategic planning, and execution of asset restructuring plans to maximize value for the fund and stakeholders.

Key Responsibilities

• Asset Analysis: Perform detailed financial and operational analysis of distressed assets to understand covenant breaches and identify potential restructuring strategies.
• Restructuring Strategy: Develop and oversee the implementation of restructuring plans, which may include debt restructuring, operational improvements, or sale processes.
• Stakeholder Management: Engage with borrowers, co-lenders, legal advisors, and other stakeholders to negotiate and manage restructuring terms effectively.
• Portfolio Management: Monitor and manage the performance of restructured assets within the portfolio, ensuring compliance with all regulatory and fund requirements.
• Reporting: Prepare comprehensive reports for internal stakeholders, LP meetings, and regulatory bodies detailing asset performance, restructuring progress, and future strategies.
• Market Analysis: Stay abreast of market trends, legal changes, and economic indicators that could impact distressed asset values or restructuring strategies.
• Team Collaboration: Work closely with the investment, legal, and operational teams to ensure a cohesive approach to asset management and restructuring.

Requirements

• Education: Degree, MBA or equivalent experience in finance, business administration, or a related field.
• Experience: You will be working in asset management, or restructuring, ideally within private credit, distressed debt, or restructuring environments (4-7 years experience ideally)
• Skills:
  • Strong analytical capabilities with experience in financial modeling.
  • Proven track record in leading successful asset restructurings.
  • Excellent negotiation and communication skills.
  • Ability to handle multiple high-stakes projects simultaneously.
• Certifications: CFA, CPA, or other relevant financial certifications are a plus.
• Personal Attributes: Strategic thinker, proactive problem solver, with an ability to work under pressure in a fast-paced environment.