What are the responsibilities and job description for the Senior Associate/VP - Restructuring position at Selby Jennings?
A highly successful and very well-established investor in the U.S. middle market private debt industry is looking to add a Senior Associate/VP to the team in New York, NY. This individual will be responsible for providing continuous monitoring of credit risk and propose action plans directed towards improvement in and resolving underperforming credit situations. The Senior Associate / Vice President will be successfully leading and executing complex restructuring transactions and must have strong financial modeling and communication skills, knowledge of legal documentation, and direct experience with current Liability Management processes.
The ideal candidate will have the following qualifications:
- Bachelor's degree required (MBA/JD a plus)
- 8 years lending experience, preferably including 4 years of direct workout experience and 4 - 5 years investment banking, direct lending, structured credit, or similar experience
- Advanced knowledge of workout / bankruptcy best practices, identification, resolution and implementation of current strategies
Key responsibilities:
- Responsible for managing a portfolio of under-performing credits (primarily 1st Lien Term Loans) and implementation of timely workout strategies, material amendments, and in-court /out-of-court restructurings
- Active Ad Hoc Group member able to devise /promote creative solutions and gain consensus among lender group
- Conduct thorough financial analysis and due diligence on distressed assets, including liquidity projections and valuation /recovery analysis based on multiple projected outcomes
- Partner with team members as credit transitions from performing to under-performing, assume leadership of special situation credits, managing the restructuring process from start to finish
- Review legal documents and negotiate in consultation with internal /external legal and business teams
If you meet the qualifications, please apply now!
Salary : $150,000 - $200,000