Portfolio Optimization Professional

Prospect Capital Management seeks a professional to improve the operations and financial performance of private U.S. Middle Market businesses which we control. 

The Firm

Prospect Capital Management, LP ("PCM") is an asset manager managing Prospect Capital Corp. (PCC), a publicly-traded investment company (a BDC/RIC) with approximately $11.9B AUM.  Amongst other investment strategies, PCC maintains controlling equity stakes in a set of U.S. Middle Market businesses (the "Businesses").  The Businesses operate in a range of industries with headquarters and operations in various U.S. states.   PCM has offices in New York City, Connecticut, and Florida and is comprised of 140 professionals.  The candidate would spend time primarily at the PCC Businesses but also at PCM offices. 

Job Overview and Responsibilities

PCM seeks a motivated and proactive professional to join our team to focus on Portfolio Optimization.  The role requires significant travel and in-person involvement with the managers, staff and operations of the various Businesses.  The ideal candidate will have 4 years of experience in operational or strategy consulting, including meaningful training in improving the operations of middle market businesses, across industries, based in the U.S.

This role requires a self-starter eager to spend time on-site working with the senior managers of the 18 U.S. Businesses presently controlled by PCC. The candidate will work to optimize all aspects of each Business, with support from others at PCM.

• Operational Strategy: Collaborate with portfolio company leadership teams to assess and improve key operational processes, enhance efficiency, and maximize profitability.
• Project Leadership: Drive special projects, such as marketing overviews, digital transformation, go-to-market strategy, and operational due diligence, from concept to completion.
• Value Creation: Identify opportunities for revenue growth, cost reduction, and margin improvement across portfolio companies.
• Performance Monitoring: Develop and implement key performance indicators (KPIs) to track the performance of portfolio companies,
• Process Improvement: Lead initiatives to streamline operations, optimize supply chains, and improve organizational performance, reducing waste and improving productivity.
• Financial Analysis and Modeling: Work closely with the finance teams to analyze financial statements, forecasts, and business plans to support decision-making and develop financial models to support investment decisions, including valuation and scenario analysis.
• Reporting: Prepare detailed reports and presentations to communicate findings and recommendations to senior management and Prospect.
• Mentorship: Assist in mentoring junior team members and interns, fostering a collaborative and growth-oriented environment.

Desired Skills and Experience

• MBA or equivalent advanced degree preferred.
• 4 years of operational or strategy consulting experience, or private equity portfolio operations, with a proven track record of problem-solving and performance improvement in various business situations.
• Ability to work independently, on-location, and to integrate with management teams.

• Strong analytical and quantitative skills.
• Excellent verbal and written communication abilities.
• Proficiency in financial modeling and data analysis tools.
• Proactive, results-oriented mindset with a strong work ethic.
• Intellectual curiosity and eagerness to learn.
• Strong interpersonal skills and the ability to build relationships across the organization. 

Why Join Prospect Capital?

• Opportunity to work in a dynamic environment with a focus on strategic investment initiatives.
• Collaborate with a team of experienced professionals and contribute to high-impact projects.
• Competitive compensation and benefits package.

If you are passionate about strategy and are looking to make a meaningful impact, we encourage you to apply.

The anticipated annual base salary range for this position is $100,000 - $300,000 plus annual discretionary performance-based bonus. Actual pay may be adjusted based on experience and performance. 

In addition to the base salary, the hired professional is eligible for comprehensive benefits, including 100% employer-paid premiums for medical, dental, vision insurance, life insurance, and AD&D. You'll also have access to pretax benefit accounts, including FSA, HSA, and Commuter accounts. Our perks go beyond the basics with a mentorship program, daily in-office paid breakfast and lunch, company-sponsored ski and sailing trips, and regular happy hours. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

Salary : $100,000 - $300,000