Employer Summary:
Octagon Credit Investors, LLC is a 30-year-old, $33 billion below-investment grade corporate credit investment adviser focused on leveraged loan, high yield bond and structured credit (CLO debt and equity) investments. Through fundamental credit analysis and active portfolio management, Octagon’s investment team identifies attractive relative value opportunities across below-investment grade asset classes, sectors, and issuers. Octagon’s investment philosophy and methodology encourage and rely upon dynamic internal communication to manage portfolio risk. Over its history, the firm has applied a disciplined, repeatable, and scalable approach in its effort to generate attractive risk-adjusted returns for its investors.
Octagon is majority-owned by Conning, a leading global investment management firm with a long history of serving the insurance industry. Octagon’s investment expertise is complemented by Conning’s deep understanding of insurers’ portfolio requirements and constraints. Octagon and Conning are part of the Generali Investments platform, an ecosystem of asset management firms operating in more than 20 countries, offering distinctive strategies and expert insights to help investors achieve long-term performance. Generali Investments is the asset management arm of the Generali Group, one of the world's largest insurance and asset management groups.
Octagon believes that providing a challenging and rewarding career, combined with a supportive work environment, incents employees to remain at the firm. Significant employee ownership and low employee turnover also underscore our culture of partnership, teamwork, and dedication to preserving investor capital across all our funds/accounts under management. We also embrace the principles of diversity, equity, and inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued.
Position Summary:
The Assistant General Counsel is responsible for working on a wide variety of matters, with a focus on Octagon’s CLO platform. In addition to strong structuring, negotiating, contract interpretation and other core legal skills, the ideal candidate will have an understanding of CLOs, the investment management business, relevant regulatory framework, credit markets, and restructuring matters.
We are looking for a junior to mid-level attorney who is curious, eager to learn, excited to contribute and take initiative, and help add value to the team. The Assistant General Counsel will take on an integral role in helping to manage and contribute to Octagon’s growth strategy.
Essential Duties and Responsibilities:
- Provide legal advice to the firm’s asset management business and work closely with Portfolio Managers, Analysts, Traders, Compliance, Operations and Business Development
- Assist with the structuring and negotiation of a variety of transactions, including CLOs, commingled funds, and separately managed accounts
- Proactively take on ad hoc projects and provide support for new business initiatives, as needed
Areas of Knowledge, Skills, and Abilities/Qualifications:
- Juris Doctor with NYS Bar Admission
- 2-5 years of practical experience at a top law firm or SEC-registered investment adviser
- Strong understanding of CLOs, warehouse financing arrangements, and related matters
- Familiarity with credit and financing arrangements, including loan origination, secondary trading, and restructuring matters
- Knowledge of Investment Advisers Act requirements and related rules
- Excellent written and oral communication skills, strong analytical skills, and exemplary attention to detail
- Comfortability interacting with all teams (including senior management) across the firm and affiliated organizations, and with Octagon clients
- Highly motivated, proactive team player with a positive attitude
- Ability to multi‐task, be proactive, work independently, and work effectively under pressure (often under deadlines and changing priorities)
- Outstanding reputation of professional integrity and maturity
- Exhibits a strong commitment to meet compliance obligations reflecting Octagon's core values of honesty and integrity; must accept responsibility for compliance in each role and comply with all applicable rules, regulations, and legal requirements
Potential Compensation and Benefits Offerings:
- Competitive salary and eligibility for year-end performance-based bonus
- Medical, dental, vision, life, and disability insurance
- Commuter benefits
- 401(k) matching program
- Employee Assistance Program (“EAP”)
- Professional designation and licensure assistance
- Family support and leaves of absence
Octagon Credit Investors is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including gender, gender identity, sexual orientation, or pregnancy), marital status, national origin, disability, age, or veteran status.
Please note that Octagon does not sponsor work visas or immigration-related employment benefits. We encourage all individual applications; please, no recruiters or agencies.
