Vice President - Private Credit Workouts

Selby Jennings; Chicago (IL); On-site; USD 160,000 - 200,000; Full time

Job summary

A private investment firm in Chicago is seeking a Vice President to manage higher risk rated investments and lead recovery strategies. The ideal candidate will have a strong financial background with at least 5-7 years of experience in investment banking or restructuring. Essential skills include advanced financial analysis, excellent proficiency in Microsoft Excel, and the ability to negotiate with stakeholders. This is a full-time executive position with a competitive salary range of $160,000 to $200,000.

Qualifications

• 5-7+ years of experience in investment banking, restructuring, or leveraged finance.
• Experience in distressed M&A or lender advisory.
• Strong academic record.

Responsibilities

• Manage a portfolio of higher risk investments.
• Design and implement strategies for investment recoveries.
• Conduct negotiations with financial sponsors and management.
• Coordinate legal counsel and external professionals.

Skills

Strong research

Accounting skills

Financial analysis skills

Building financial models

Analyzing financial statements

Interpreting cash flow dynamics

Knowledge of Microsoft Office

Education

Bachelor's degree from a top-tier university

Tools

Microsoft Excel

Job description

Overview

A private investment firm in Chicago with over ~$30B AUM is looking to add a Vice President to focus on Private Credit Workouts. This individual will be responsible for managing existing investments in direct, club and syndicated leveraged loan transactions. This person will work as part of a team focusing on early intervention and managing the firm's higher risk rated investments (senior debt, junior capital, and equity).

Base pay range

$160,000.00/yr - $200,000.00/yr

Responsibilities

• Lead in the management of a select portfolio of the firm's higher risk rated investments through enhanced financial/operational monitoring and frequent interaction with company management, financial sponsors, and third-party consultants/financial advisors.
• Design, develop and implement strategies for maximizing portfolio investment recoveries.
• Prepare analysis and modeling of potential restructuring alternatives.
• Conduct negotiation with various constituencies including financial sponsors, company management, other bank group members, and other lenders in the capital structure.
• Coordinate and manage legal counsel and other external professionals, including consultants and financial advisors.
• Prepare and present restructure/amendment/waiver memorandums.

Qualifications

• Bachelor's degree with a strong academic record from a top-tier undergraduate university
• Strong research, accounting and financial analysis skills, with the ability to build financial models, analyze financial statements, and interpret cash flow dynamics
• Extensive knowledge and experience with Microsoft Office products (especially Excel)
• 5-7+ years of experience in one or more of the following areas
• Special situations investment banking (debt placements, refinancing or distressed M&A)
• Restructuring/turnaround/lender advisory or interim management
• Leveraged finance and portfolio management

Details

• Seniority level: Executive
• Employment type: Full-time
• Job function: Finance

Referrals increase your chances of interviewing at Selby Jennings. Get notified about new Vice President of Credit jobs in Chicago, IL.