Associate, Private Credit
The TCW Group, Inc., Boston, MA, United States
Associate, Private Credit
Job Location(s):
US-NY-New York | US-MA-Boston
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
2-4 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.
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US-NY-New York | US-MA-Boston
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
2-4 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.
#J-18808-Ljbffr