Vice President, Credit Opportunities
Company: FHLB Des Moines
Location: New York
Posted on: March 14, 2025
Job Description:
Vice President, Credit OpportunitiesApplylocations: New York,
Chicagotime type: Full timeposted on: Posted 9 Days Agojob
requisition id: R-11615Position InformationHiring Manager: Managing
Director, Co-Head of Credit OpportunitiesDepartment: DL - Direct
LendingDepartment OverviewGolub Capital Credit Opportunities
("GCCO") has a flexible mandate to deliver creative, customized
financing solutions throughout the capital structure. Our solutions
are tailored to meet the needs of sponsors, management,
shareholders, and other key stakeholders across a range of
industries and financeable assets.Primary strategies include:
- Corporate Credit (including senior/junior debt and preferred
equity)
- Portfolio and Fund Finance (including NAV and GP
financing)
- Structured Products (CLOs, SRTs, etc.)Position
ResponsibilitiesThis role requires a hands-on contributor with
significant credit, deal execution, and legal documentation
experience.Responsibilities include:Credit Secondaries New Deals
(Primary responsibility)
- Responsible for all aspects of deal evaluation, structuring,
due diligence, and legal documentation for secondary purchases of
individual middle market loans
- Sourcing and evaluating credit secondary investment
opportunities
- Conducting thorough due diligence, including financial
analysis, market research, and risk assessment
- Preparing and presenting Investment Committee memorandums to
the Investment Committee
- Negotiating and structuring secondary transactions, ensuring
favorable terms for the Firm
- Monitoring and managing existing secondary investments,
providing regular updates to senior management
- Building and maintaining relationships with advisors and other
market participants
- Staying abreast of market trends and developments in the
secondary marketCredit Opportunities New Deals (Secondary
responsibility)
- Evaluating investment opportunities including portfolio
purchases, loans to funds (NAV loans), and specialty financings
(such as participations in debtor-in-possession loans and rescue
financings)
- Analyzing structured equity investments as well as equity
co-investments associated with loans under consideration for
purchase
- Conducting detailed business diligence such as analysis of
business, industry, competitive landscape, financial/KPI trends,
liquidity, and exit strategy
- Preparing and presenting Investment Committee memorandums to
the Investment Committee
- Structuring and negotiating investment terms and deal
documentation with counterparties
- Developing financial models to review multiple scenarios
- Developing strong working relationships with key departments of
Golub Capital including Capital Markets, Broadly Syndicated Loans,
and Structured Products
- Managing and monitoring existing investments; performing
portfolio analytics and assisting in valuations
- Determining viability for additional investment opportunities,
divestments, or potential restructuring for portfolio
investments
- Training junior team members
- Other duties as assignedCandidate RequirementsQualifications &
Experience:
- Bachelor's Degree required, preferably with a major in Finance,
Accounting, Economics, or related financial discipline with an
outstanding record of academic achievement. MBA or JD not required
but a plus.
- 8+ years of leveraged lending experience with at least 6 years
of buy-side experience in public and private opportunistic and
special situations credit
- Strong knowledge of the credit markets, particularly in the
distressed/special situations space
- Flexible investment approach to take advantage of an evolving
investment landscape
- Experience working with financial sponsors is a plus, but not a
requirement
- Ability to effectively communicate with internal groups and
external clients
- High sense of urgency
- Capacity to manage multiple processes simultaneously
- Ability to work to meet tight deadlines, using own initiative
and without close supervision; strong work ethic
- Ability to manage changing demands in a fast-paced
environment
- Detail-oriented and comfortable with writing and presenting
detailed memos/analytics to Investment Committee
- Enthusiastic about working in the office and creating a Gold
Standard hybrid work cultureCritical Competencies for SuccessOur
Gold Standards Model defines key behaviors and competencies across
4 dimensions: Leadership, Achieving Results, Personal
Effectiveness, and Thinking Critically. These behaviors and
competencies drive our ability to win together.
- Leadership: Role models in this area consistently focus on the
right goals and priorities and continually develop themselves and
others. Always team players, they influence and engage with others
to contribute to a supportive and inclusive culture where all feel
welcome.
- Achieving Results: Role models in this area are high achievers
who develop careful plans and deliver consistently and effectively.
They hold themselves and others accountable for delivering
high-quality results and they remove barriers to ensure others can
contribute and grow.
- Thinking Critically: Role models in this area understand our
business, rely on analytical reasoning, and seek diverse
perspectives to solve problems. They are forward-thinking,
anticipating issues and addressing them in advance.
- Personal Effectiveness: Role models in this area build strong
relationships, treat others with respect, and communicate
effectively. They are driven to exceed expectations and are
adaptable to changing circumstances.The department-specific
competencies define the knowledge, skills, and abilities that are
needed to successfully perform the functional or technical work of
this role.
- Deal Execution: Evaluates, structures, and executes investment
opportunities and transactions.
- Relationship Management: Establishes, develops, and manages
internal and external relationships.
- Portfolio Management: Actively monitors portfolio companies to
identify risks and opportunities that may impact overall
performance.
- Risk Management: Demonstrates credit acumen by leveraging tools
and analyses and interpreting due diligence findings to guide
decisions while balancing risks and rewards.
- Financial Analysis: Uses financial analyses to generate
insights and support fact-based decision making.
- Competitive Positioning: Demonstrates knowledge of the Firm's
capabilities, the Firm's position in the industry, competitors'
capabilities, and end markets. Recognizes implications of knowledge
on Firm's positioning.
- Legal Documentation: Demonstrates knowledge of legal
documentation, processes, and procedures.Compensation & BenefitsFor
Illinois and New York Only: It is expected that the base salary
range for this position will be $290,000 to $300,000. Actual
salaries may vary based on factors such as skills, experiences, and
qualifications for the role. The total compensation package for
this position may also include other elements and discretionary
awards in addition to a full range of medical, financial, and/or
other benefits (including 401(k) eligibility and various paid time
off benefits such as vacation, sick time, and parental leave)
dependent on the position offered. Details of participation in
these benefit plans will be provided if an employee receives an
offer of employment. If hired, the employee will be in an 'at-will
position' and the Firm reserves the right to modify base salary (as
well as any other discretionary payment or compensation program) at
any time including for reasons related to individual performance,
Firm or individual department/team performance, and market
factors.Golub Capital is an Equal Opportunity Employer.
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Keywords: FHLB Des Moines, New York , Vice President, Credit Opportunities, Executive , New York, New York
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