What are the responsibilities and job description for the Associate, Private Debt position at Invesco?
As one of the world’s leading asset managers, Invesco is solely dedicated to delivering an investment experience that helps people get more out of life. If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, explore your potential at Invesco.
Your role:
In the Associate, Private Debt role, you will assess new private debt financing opportunities and make investment recommendations to the investment committee. You will come to these conclusions through preparation of a credit proposal including company and industry analysis, capital structure analysis, cash flow projections, evaluation of collateral adequacy, management, sponsor quality, identification of key risks and evaluation of mitigating factors.
You will be responsible for:
- Involvement in all aspects of evaluating, implementing, closing and monitoring private debt investments sourced by senior origination professionals.
- Assess private debt, sponsor-backed financing opportunities
- Responsible for reviewing, analyzing and making recommendations on new financing opportunities incorporating Confidential Information Memoranda and Management Presentations.
- Build highly customized cash flow models to understand historical and projected cash flows and service indebtedness under a variety of different scenarios.
- Support the due diligence process, including preparing due diligence lists, synthesizing data room materials, reviewing third-party consultant reports, understanding macro-level and/or industry trends, performing valuation analysis, leading due diligence discussions with management and/or private equity firms and other analysis that may be important to making a highly informed investment decision
- Support the preparation of the Investment Committee materials, which will include an analysis of key due diligence findings, a supportable investment thesis, a discussion of investment risks and other information to support the investment recommendation.
- Perform ongoing monitoring and review of existing transactions including historical financial inspection, cash flow modeling, industry analysis and assessments, and maintaining and strengthening borrower and sponsor relationships.
- Help prepare presentations for meetings with clients
- Assist in workstreams associated with capital raising activities, which may include preparing marketing presentations, assisting with due diligence process and other activities related to legal documentation, internal approvals and compliance.
- 20% travel required
The experience you bring:
- Bachelor’s Degree (MBA degree a plus)
- 3 years of work experience in a credit or private equity related role ; strong preference for direct lending, private credit, leveraged finance in bank or equity investment experience in middle market companies.
- Aptitude for detail and a strong dedication to accuracy.
- Excellent verbal and written communication skills and effective interpersonal skills.
- Excellent quantitative and qualitative analysis and financial modeling skills.
- Proficient user of Microsoft Office, Excel and Word and Bloomberg.
- Self-motivated, multi-tasker with the ability to work independently and follow through on projects.
- Team Oriented
The salary range for this position in New York City is $125,000 - $150,000 annually. The total compensation offered for this position includes salary and incentive pay and will vary based on skills, experience and location.
What’s in it for you?
Our people are at the very core of our success, and we strive to provide employees with a competitive total rewards package which includes:
- Flexible Vacation and Hybrid Work Benefits
- 401K Matching
- Health & Wellness Benefits
- Parental Leave benefits
FLSA (US Only): Exempt
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.
Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.
Salary : $125,000 - $150,000