MD - Head of Originations & Structuring, Private Infrastructure Debt

What You'll Do

Join Our Team as We Build Out Principal’s New Private Infrastructure Debt Platform! Are you a visionary leader with a deep understanding of infrastructure finance? As the MD - Head of Originations & Structuring, you’ll be responsible in lead the debt origination, sourcing, structuring and portfolio team within the Infrastructure Debt platform. This role will provide critical senior leadership and mentorship for the overall infrastructure business. The origination team will seek to focus on sourcing and underwriting investment grade and high yield infrastructure investments that suit client mandates. This position will include a global footprint with key jurisdictions including North America, Europe, Australia and Latin America. The candidate will be responsible for identifying and implementing strategy across core infrastructure sectors across all origination sourcing channels including Infrastructure Sponsors and Agents/Advisors. The candidate will also be responsible for talent development with direct reports to support origination activity. The role will collaborate closely will all Private Credit platforms and will report into the Head of Infrastructure Debt.

Lead & Develop a High-Performing Team:

• Build and manage a team with strong origination capabilities to source and underwrite investment opportunities that align with our strategic goals and deliver financial returns for our clients.
• Mentor and support your team in evaluating investment opportunities, providing recommendations based on our investment criteria and preliminary investment theses.
• Leverage existing sponsor relationships and cultivate new ones to generate significant investment opportunities.

Strategic Relationship Management:

• Develop and maintain strong relationships with prospective equity sponsors, infrastructure advisors, and investment bankers/agents.
• Serve as a key member of the Credit Committee for Infrastructure Debt, leading the screening, underwriting, approvals, and closing processes for each financing opportunity.
• Share knowledge and collaborate across our Private Credit platforms to enhance overall performance.

Drive & Expansion Efforts:

• Support and expand our marketing initiatives, representing the firm at industry events, forums, and conferences.
• Contribute to the growth of our infrastructure debt business, both internally and externally.

Leadership & Talent Development:

• Attract, develop, and retain top-tier origination, underwriting, and portfolio management talent.
• Lead and mentor the origination team, contributing to the overall management of the infrastructure debt business.

Who You Are

• Bachelor’s degree required. MBA or CFA expected.
• Strong credit capabilities with 15 years of relevant infrastructure/project finance credit and originations experience with deep rooted credit structuring experience.
• Proven sales and negotiation skills, with established relationships with senior members of leading infrastructure sponsors, agents, and advisors that include a history of sourcing a diverse set of attractive financing transactions.
• Comprehensive knowledge of global market pricing and terms, with a creative and balanced approach to credit structuring and pricing.
• Experience managing transaction teams, leading the execution from origination to closing.
• Excellent verbal and written communication skills.
• Demonstrated leadership abilities in managing teams within the infrastructure and project finance origination markets.
• Ability to maintain a calm, steady, patient approach to business while passionately competing for new business in a highly competitive environment.
• Accepts and manages conflict and disagreement in a constructive and professional manner
• Travel will be required.

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$235000 - $319000 / year
Time Off Program

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.
Pension Eligible

No
Additional Information

Location and Work Environments

We’re open to considering talent in the New Jersey / New York area. This role offers the ability to work hybrid for in-office and some remote. You’ll work with your leader to figure out which option may align best based on several factors.

 

Work Authorization/Sponsorship

At this time, we're not considering candidates that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States? This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers and https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants

 

Investment Code of Ethics

For Principal Global Investors positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

 

Experience Principal

While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. Explore our core values, benefits and why we’re an exceptional place to grow your career.

 

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Posting Window

We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.
Original Posting Date

6/13/2024
Most Recently Posted Date

6/13/2024

Salary : $235,000 - $319,000