Location: New York,NY, USA
Position Summary
This position is suitable for candidates seeking to develop a career in private debt investing, particularly in middle market companies. With over $10 billion in capital under management, TCW's Private Credit Group provides capital in connection with acquisitions, recapitalizations, growth and special situations both to sponsored and non-sponsored borrowers. The candidate will assist with structuring and underwriting new loans, portfolio management and various ad-hoc projects. Specific responsibilities include conducting due diligence on potential investments, creating and maintaining detailed financial models, assisting in the creation and presentation of investment memorandums, and monitoring a portfolio of active investments.
Candidates must be proficient in financial statement analysis and have the ability to construct a three statement forecast model. Strong written and communication skills are also required.
Candidates should be self-starters with the ability to work in a fast-paced, entrepreneurial, multi-task environment.
Essential Duties
* Evaluate new investment opportunities through in-depth business analysis, detailed financial modeling, industry research, and by meeting with management teams
* Assist in structuring and underwriting new transactions
* Prepare written analyses and present findings to the group's investment committee
* Monitor existing portfolio companies through ongoing financial review and management interaction
* Assist with ad-hoc analyses and projects related to the Private Credit Group
Required Qualifications
* Strong academic credentials
* Bachelor's Degree from a top university, major in Finance, Accounting, Economics or related field preferred
* 1-3 years of work experience in investment banking, asset management, debt capital markets, private equity, or consulting
* Demonstrated experience in financial analysis and modeling
* Excellent quantitative and analytical skills
* Strong verbal and written communication skills
* Advanced computer skills using Microsoft Office, with particular expertise in Excel and PowerPoint
Professional Skills Qualifications
* Team player - effectively collaborates with others
* Strong work ethic and self-motivated
* Excellent organization skills, with ability to handle a wide variety of responsibilities and meet deadlines
* Detail-oriented, entrepreneurial, and able to multi-task
* Ability to work independently
* Superior analytical and problem solving skills
Desired Qualifications
* Demonstrated knowledge of capital markets and corporate finance
Estimated Compensation:
Base Salary: For NY based position, the base salary range is $120k to $145k. This is an anticipated range only.
Other Compensation: Eligible to be considered for an annual discretionary bonus.
Benefits: Eligible for TCW's comprehensive benefits package.
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