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.
#LI-SW1