Octagon Credit Investors, LLC is a 25+ year old, $34+B investment adviser focused on leveraged loan, high yield bond, and structured credit (CLO debt and equity) investments, and direct lending strategies. 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.
The firm was founded in 1994 as a separate business unit of Chemical Bank and in 1999, Octagon spun out from Chase Manhattan Bank. Octagon honors its heritage through its company name and logo, both of which are derived from Chase Manhattan's emblem. Located in New York, the firm currently comprises approximately 90 employees, many of whom have spent their entire professional careers at Octagon.
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 CLO Tranche Investment Analyst is responsible for supporting the Investment team and its growing collateralized loan obligation (“CLO”) investment platform with all aspects of the investment and monitoring process. We are looking for a professional with 1+ years of experience working in the CLO market.
The CLO Tranche Investment Analyst will work independently, and in conjunction, with members of the CLO Investment Team and Loan Investment Team. They will also assist with the monitoring of existing investments and preparation of new investment diligence. This is an opportunity to join a growing team which is focused on an investment area of strategic importance to Octagon.
Essential Duties and Responsibilities:
- Monitor an existing >$3BN portfolio of CLO Equity and Debt
- Assist in the preparation of investment memos to facilitate the analysis of new investment opportunities
- Review legal documents and track legal language with regard to CLO investments
- Participate in the ongoing monitoring of the new issue and secondary CLO market
- Work closely with Octagon’s portfolio managers and business development executives on new fund projects
- Communicate issues with internal stakeholders related to investment and market examination findings
- Support the development of technology-based solutions designed to improve internal recordkeeping, monitoring, and reporting capabilities
- Help answer questions pertaining to investment activity, apply judgment in response to day-to-day questions, and follow up with solutions/process improvement
- Proactively take on ad hoc projects and provide support for new business initiatives, as needed
Areas of Knowledge, Skills, and Abilities/Qualifications:
- Bachelor’s degree with 1+ years of relevant experience
- Strong analytical and computer skills
- Strong proficiency in Microsoft Excel and Word
- Strong understanding of CLO mechanics and documentation preferred
- Excellent written and oral communication skills, strong analytical skills, and exemplary attention to detail
- Ability to multi‐task, be proactive, work independently, and work effectively under pressure (often under deadlines and changing priorities)
- Knowledge of programming (VBA, etc.) preferred
- Comfortable interacting and building relationships with all teams (including senior management) across the firm and affiliated organizations
- Highly motivated, proactive team player with a positive attitude
- Outstanding reputation of professional integrity and maturity
- Ability to clearly articulate views and supporting data
Compensation and Benefits:
- 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
Contact:
Contact: careers@octagoncredit.com
Attention: Howard Barkin, Recruitment Manager
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.
