What are the responsibilities and job description for the Buy-Side – Senior Associate, Syndicated Loans Workout (General Corporates) position at Madison-Davis?
Office Status : Hybrid
Salary : $215,000 – $235,000
Responsibilities :
- Managing a portfolio of the Firm’s most troubled investments, primarily comprised of high quality syndicated senior secured loans
- Developing and implementing plans for maximizing recoveries and minimizing losses on the portfolio
- Preparing, analyzing and modeling potential restructuring alternatives and developing analyses and what-if scenarios
- Preparing restructuring / amendment / waiver requests along with other written updates on portfolio accounts
- Negotiating with various constituencies including financial sponsors, management, other bank group members and other lenders in the capital structure
- Preparing portfolio update reports
- Developing and maintaining a core set of advantageous relationships with other lenders as well as with legal, financial and operational advisors
- Supporting senior team members as needed
Salary : $215,000 - $235,000
