Associate, Private Debt

New York City (320 Park)full timeOn Site

Apply on Employer Site

entry

$110k–$150k

H1B: no

Audaxgroup Associate at Audaxgroup supporting underwriting of new first lien senior secured loan investments and monitoring portfolio companies. Engage in transaction evaluation, due diligence, financial modeling, deal execution, and portfolio management.

Responsibilities

Investment Underwriting & Due Diligence
Analyze and evaluate investment opportunities supporting sponsor-backed leveraged buyout transactions.
Conduct detailed industry, market, customer, and competitive analyses to assess investment opportunities.
Build, review, and maintain complex financial models, including forecasting, leverage, liquidity, and downside analyses.
Evaluate alternative capital structures and investment terms to determine appropriate risk-adjusted returns.
Deal Execution & Investment Committee Process
Participate in all stages of transaction execution from initial screening through closing.
Prepare investment memoranda, presentations, and supporting materials for investment committee review.
Clearly communicate investment recommendations and credit views through written analyses and verbal presentations.
Portfolio Management & Monitoring
Monitor a portfolio of existing investments, including financial performance, compliance, ratings activity, amendments, waivers, and market developments.
Analyze amendment requests, refinancing opportunities, add-on investments, and secondary market opportunities.

Qualification

Required ExperienceBachelor’s degree requiredLBO/ sponsor transaction exposureSkills & CompetenciesStrong analytical

Required

Required Experience
Bachelor’s degree required.
2 - 4 years of experience in investment banking, direct lending, private credit, structured credit, leveraged finance, or a related field.
Experience developing and utilizing detailed financial models.
LBO/ sponsor transaction exposure
Experience analyzing leveraged transactions and corporate credit risk preferred.
Experience with credit committee exposure and investment memo preparation preferred.
Skills & Competencies
Strong analytical, quantitative, and problem-solving skills.
Ability to assess the credit quality and risk profile of potential investments.
Excellent written and verbal communication skills, including presentation experience.
Strong work ethic and demonstrated desire to learn and develop professionally.