The TCW Group
Associate, Private Credit
Job Location(s)
US-NY-New York | US-MA-Boston
Job ID
2024-2090
Category
Alternative Investments
Department
Private Credit Group
Type
Regular Full-Time
Position Summary
This position is suitable for candidates seeking to develop a career in private debt investing, particularly in middle market companies. With over $13 billion in capital under management, TCW's Private Credit Group provides capital in connection with acquisitions, recapitalizations, growth and special situations both to sponsored and non-sponsored borrowers. The candidate will assist with underwriting new investments, portfolio management and various ad-hoc projects. Specific responsibilities include conducting due diligence on potential investments, creating and maintaining detailed financial models, assisting in the creation and presentation of investment memorandums, and monitoring a portfolio of active investments. Candidates must be proficient in financial statement analysis and have the ability to construct a three statement forecast model. Strong written and communication skills are also required. Candidates should be self-starters with the ability to work in a fast-paced, entrepreneurial, multi-task environment. Essential Duties
Evaluate new investment opportunities through in-depth business analysis, detailed financial modeling, industry research, and by meeting with management teams
Assist in structuring and underwriting new investments Prepare written analyses and present findings to the group's investment committee Monitor existing portfolio companies through ongoing financial review and management interaction Assist with ad-hoc analyses and projects related to the Private Credit Group Required Qualifications
Strong academic credentials Bachelor's Degree from a top university; major in Finance, Accounting, Economics or related field preferred 1-3 years of work experience in investment banking, asset management, debt capital markets, private equity, restructuring, accounting or consulting Demonstrated experience in financial analysis and modeling Excellent quantitative and analytical skills Strong verbal and written communication skills Advanced computer skills using Microsoft Office Professional Skills Qualifications
Team player - effectively collaborates with others Strong work ethic and self-motivated Excellent organizational skills, with ability to handle a wide variety of responsibilities and meet deadlines Detail-oriented, entrepreneurial, and able to multi-task Comfortable with public speaking Ability to work independently Superior analytical and problem solving skills Desired Qualifications
Demonstrated knowledge of capital markets and corporate finance Estimated Compensation: Base Salary:
For NY/MA based position, the base salary range is $120k to $145k. This is an anticipated range only. Other Compensation:
Eligible to be considered for an annual discretionary bonus. Benefits:
Eligible for TCW's comprehensive benefits package. Hybrid position, with ability to work from home on Friday. #LI-SW1
Job Location(s)
US-NY-New York | US-MA-Boston
Job ID
2024-2090
Category
Alternative Investments
Department
Private Credit Group
Type
Regular Full-Time
Position Summary
This position is suitable for candidates seeking to develop a career in private debt investing, particularly in middle market companies. With over $13 billion in capital under management, TCW's Private Credit Group provides capital in connection with acquisitions, recapitalizations, growth and special situations both to sponsored and non-sponsored borrowers. The candidate will assist with underwriting new investments, portfolio management and various ad-hoc projects. Specific responsibilities include conducting due diligence on potential investments, creating and maintaining detailed financial models, assisting in the creation and presentation of investment memorandums, and monitoring a portfolio of active investments. Candidates must be proficient in financial statement analysis and have the ability to construct a three statement forecast model. Strong written and communication skills are also required. Candidates should be self-starters with the ability to work in a fast-paced, entrepreneurial, multi-task environment. Essential Duties
Evaluate new investment opportunities through in-depth business analysis, detailed financial modeling, industry research, and by meeting with management teams
Assist in structuring and underwriting new investments Prepare written analyses and present findings to the group's investment committee Monitor existing portfolio companies through ongoing financial review and management interaction Assist with ad-hoc analyses and projects related to the Private Credit Group Required Qualifications
Strong academic credentials Bachelor's Degree from a top university; major in Finance, Accounting, Economics or related field preferred 1-3 years of work experience in investment banking, asset management, debt capital markets, private equity, restructuring, accounting or consulting Demonstrated experience in financial analysis and modeling Excellent quantitative and analytical skills Strong verbal and written communication skills Advanced computer skills using Microsoft Office Professional Skills Qualifications
Team player - effectively collaborates with others Strong work ethic and self-motivated Excellent organizational skills, with ability to handle a wide variety of responsibilities and meet deadlines Detail-oriented, entrepreneurial, and able to multi-task Comfortable with public speaking Ability to work independently Superior analytical and problem solving skills Desired Qualifications
Demonstrated knowledge of capital markets and corporate finance Estimated Compensation: Base Salary:
For NY/MA based position, the base salary range is $120k to $145k. This is an anticipated range only. Other Compensation:
Eligible to be considered for an annual discretionary bonus. Benefits:
Eligible for TCW's comprehensive benefits package. Hybrid position, with ability to work from home on Friday. #LI-SW1