Associate, Private Credit

TCW • New York, NY, US • 1m ago

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