What are the responsibilities and job description for the Senior Manager – Portfolio Investments position at The Goal Family of Companies?
Company Overview:
Goal Investment Management (“GIM”) is a group of financial professionals dedicated to investing in consumer finance assets and structured credits. GIM is a wholly owned subsidiary of Goal Investment Group (“Goal”), a family of financial technology companies focused on originating, servicing, managing, and investing in consumer finance assets. Currently Goal serves a variety of clients such as hedge funds, traditional banks, ABS structures, insurance companies, investment banks, and colleges and universities with over $20b in assets under management.
Goal’s investment business was launched in 2013 and over the last 7 years has deployed over $250 million in capital across 55 distinct transactions in unsecured consumer finance, with a focus on student loan related assets. Over this time, investments have generated top quartile returns when compared to similar debt and structured credit funds.
In 2021, Goal intends to raise its inaugural investment fund to continue and expand these investment activities.
Job Description:
The Senior Manager – Portfolio Investments will report to the Chief Investment Officer and be responsible for evaluating potential new investments and optimizing the company’s portfolio.
The Director will assist in the formation of a new investment structure and make recommendations to the investment committee regarding pricing, risks, and returns of potential new investments.
Job Responsibilities:
Basic Minimum Requirements:
Goal Investment Management (“GIM”) is a group of financial professionals dedicated to investing in consumer finance assets and structured credits. GIM is a wholly owned subsidiary of Goal Investment Group (“Goal”), a family of financial technology companies focused on originating, servicing, managing, and investing in consumer finance assets. Currently Goal serves a variety of clients such as hedge funds, traditional banks, ABS structures, insurance companies, investment banks, and colleges and universities with over $20b in assets under management.
Goal’s investment business was launched in 2013 and over the last 7 years has deployed over $250 million in capital across 55 distinct transactions in unsecured consumer finance, with a focus on student loan related assets. Over this time, investments have generated top quartile returns when compared to similar debt and structured credit funds.
In 2021, Goal intends to raise its inaugural investment fund to continue and expand these investment activities.
Job Description:
The Senior Manager – Portfolio Investments will report to the Chief Investment Officer and be responsible for evaluating potential new investments and optimizing the company’s portfolio.
The Director will assist in the formation of a new investment structure and make recommendations to the investment committee regarding pricing, risks, and returns of potential new investments.
Job Responsibilities:
- Evaluate potential new investment and make recommendations to investment committee regarding pricing, returns, quantitative and qualitative risk, and adherence to guidelines.
- Formalize and codify the analytical framework used to evaluate investments. Build a repeatable and sustainable financial modeling process.
- Work with risk analysts to analyze large sets of consumer finance performance data to predict the future performance of the company’s loan portfolio and investment book.
- Partner with operations and service providers to make and implement recommendations to improve investment performance or mitigate risks.
- Help design and implement a standardized investment reporting process. Train analysts to compile and review reporting on a quarterly basis.
- Support capital markets transactions used to finance investments, including financial modeling and scenarios analysis, legal document review, and relationship management of fund lenders.
Basic Minimum Requirements:
- BS or equivalent degree is required
- 7 years of consumer finance experience; investment banking and student loan experience a plus
- Strong data and analytics background and working knowledge of SQL
- Strong excel skills and direct experience building discounted cash flow models required
- Working knowledge of Intex, Wall Street Analytics, or other structured cash flow software a plus
- Strong Presentation / Meeting Skills – Must be able to participate effectively in investment committee meetings.
- Compensation includes base salary of $160,000 - $180,000 commensurate with experience, plus bonus
- 401(k) company match up to 4%
- Long Term Incentive program
- Medical, dental, and vision coverage
- Annual HSA contribution of $1,600
- Life insurance, disability, and critical illness
- Birthday holiday
- 2 floating Community Days
- Free snacks and drinks in the office
- Tuition reimbursement program
- Generous PTO, including Paid Parental Leave
- $2,000 Vacation Incentive Plan after 3 years $1,000 Sabbatical Day
- Community funds, wellness funds, and more
Equal Employment Opportunity
It is the policy of the Company to provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of race, religion, color, national origin, sex, sexual orientation, gender identity or expression, age, sensory, physical, or mental disability, marital status, veteran or military status, genetic information, or any other classification protected by applicable local, state, or federal laws. This policy applies to all aspects of employment, including, but not limited to, hiring, job assignment, compensation, promotion, benefits, training, discipline, and termination. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
Salary : $160,000 - $180,000
