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Associate, Private Credit

The TCW Group, Inc.
United States, New York, New York
1251 6th Avenue (Show on map)
Nov 04, 2024

Associate, Private Credit
Job Location(s)

US-NY-New York


Job ID
2024-2090

Category
Alternative Investments

Department
Private Credit Group

Type
Regular Full-Time



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. See more information here.

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