The Assistant Vice President, Capital Solutions is a key position within Antares' Capital Solutions team, responsible for managing the structuring and placement of Antares' CLOs, hybrid financing solutions, CLO-related fund vehicles, insurance solutions and other asset-based financings. The role reports to a Managing Director on the Capital Solutions team.
The role acts as a conduit between internal constituencies seeking optimal funding solutions and external financial intermediaries including CLO arrangers, CLO investors, lending banks and non-bank lenders to execute financing transactions from start to finish. Antares uses a number of financing technologies and while this role will be CLO-focused, the ideal candidate will also have experience in one or more of bank ABL lending, rated feeders and CLO tranche trading.
Responsibilities- Responsible for the negotiation and execution of CLO transactions with arrangers (Private Credit and BSL CLOs, warehouses and hybrid financings).
- Lead cash flow modeling, portfolio construction and arbitrage analysis to size CLO liability structures and optimize equity returns across BSL and Private Credit deals.
- Directly manage the CLO execution process - direct arrangers in CLO structuring, work with counsel to draft offering documents, review CLO document terms and run the closing processes.
- Monitor post-closing compliance and surveillance - including OC/IC and collateral quality tests - and coordinate trustee and investor reporting for CLOs and other asset-based financing transactions where applicable. On an ongoing basis, respond to investor/lender inquiries relating to Antares CLOs and financing facilities. Collaborate with internal partner functions as necessary to provide accurate reporting information.
- Assist internal marketing and product groups with marketing materials and transaction collateral as needed. Prepare analysis and presentations in support of ad hoc requests from team members.
- Manage rating agency relationships and processes end-to-end, including portfolio presentation, model runs and negotiation of structural terms and documentation.
- Oversee CLO warehouse facilities across their lifecycle - ramp-up, reinvestment and take-out - coordinating with lending banks and internal portfolio managers on eligibility criteria and portfolio construction.
Qualifications- Bachelor's degree, preferably in a quantitative field
- 5 to 7 years of experience in CLO structuring at a sell-side institution. Direct experience with running rating agency models, bank structuring models and third-party structuring tools
- Working knowledge of CLO risk retention rules and applicable securities law and regulatory requirements.
- Strong proficiency in Intex and Excel is essential. Programming experience is a plus.
- Solid understanding of rating agency methodologies relating to CLOs. Direct experience managing rating agency relationships and processes for CLO transactions. Knowledge of insurance capital requirements would be a plus.
- Excellent verbal, written, and interpersonal communication skills. Experience and relationships with CLO tranche investors.
- Strong work ethic; comfortable working in a fast-paced environment with hard deadlines for projects.
- Strong cash flow modeling skills and fluency with CLO indentures and offering documentation
Competencies- Strategic thinking and decision making: Integrates information and insights from cross-functional teams before making decisions and ensures decisions incorporate the needs of the firm and stakeholders. Thinks ahead to the impact of their work beyond their area of responsibility. Demonstrates a proficient understanding of the business and uses that knowledge, along with up-to-date market research/analysis, to make strategic decisions that advance functional goals. Translates enterprise and functional goals into focused plans within their area(s) of responsibility. Identifies emerging needs and opportunities to advance priorities with a well-articulated perspective on potential solutions. Analyzes complex issues by gathering relevant stakeholder input, applying data and functional expertise and developing balanced solutions that support functional goals. Makes timely and well-reasoned decisions and escalates when broader alignment and impact require it. Knows key functional and cross-functional stakeholders, seeks to understand their priorities and ensures plans and decisions reflect the balance of those needs.
- Drives execution and results: Develops initiatives within their area of expertise that align team goals to functional priorities, removes barriers to drive progress and ensures teams understand the purpose and strategic intent behind the work. Drives strong performance by setting clear expectations, making timely decisions and ensuring colleagues and teams (where relevant) deliver against functional goals. Develops and follows team standard operating procedures where relevant with a focus on relevant KPIs.
- Cultivates strategic relationships and influence: Builds trust through collaborative relationships with key stakeholders, while demonstrating approachability and accessibility, to advance team's goals. Demonstrates awareness of stakeholder and people dynamics, recognizes diverse contributions and holds self and team (where relevant) accountable. Adapts leadership style to influence and align stakeholders with team or functional goals. Communicates clear, audience-tailored messages in a range of contexts, presents information in a way that builds alignment and support and navigates challenging discussions effectively.
- Fosters an inclusive culture and leads teams to achieve excellence: Role models inclusive leadership and sets the tone for an inclusive culture by reinforcing values in communications, decisions and leadership expectations. Behaves in a manner that improves the culture of the organization and actively contributes to culture or organizational building activities. Collaborates effectively with colleagues and across teams. Remains open and accessible, building trust with peers and works respectfully with others to constructively solve complex problems and share information. If they are a people manager, sets clear goals, roles and standards for their team and provides thorough performance reviews to ensure accountabilityDevelops talent (formally and informally) through apprenticeship, coaching, feedback, growth opportunities and, where relevant, holds direct reports accountable for doing the same. Non-people managers actively mentor, apprentice and provide feedback to colleagues, to contribute to a high-performance culture. Creates an environment where colleagues are motivated to perform at their best.
- Masters oneself and demonstrates a growth mindset: Demonstrates strong self-awareness by seeking and applying feedback to strengthen leadership effectiveness and support the growth of others. Actively participates in learning opportunities to further develop skills and support team development. Actively listens and demonstrates strong awareness of stakeholder needs - spoken and unspoken - and adapts communication and leadership approach to influence outcomes and strengthen relationships. Demonstrates strong expertise and ownership in delivering results, consistency in performance, depth in their area, earning trust and confidence from senior leadership, peers and teamsProvides clear direction and leadership in complex situations. Demonstrates courage by constructively challenging perspectives, addressing issues directly, navigating conflict to drive principled outcomes and initiating open dialogue that supports team effectiveness, reinforces organizational values and enables change. Role models high integrity, ethical behavior and ensures compliance with all regulatory requirements across the organization. Proactively identifies and mitigates organizational risk. Adjusts priorities and work quickly when conditions change, sustains momentum under pressure and supports colleagues and teams (where relevant) in remaining focused and productive through change.
- Drives innovation: Generates innovative solutions and identifies new approaches that drive functional/team growth and efficiency. Uses data-driven decision-making frameworks and tools to inform decisions, track progress, improve outcomes and, where relevant, support effective decision-making within their teams. Identifies and applies relevant digital tools to improve productivity and workflows. Actively uses technology and, where relevant, encourages team to use technology to strengthen team and functional capabilities and efficiency.
The Fine Print- Must have unrestricted authorization to work in the United States.
- Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.
- Must be willing to work from the New York office and travel as necessary.
#LI-hybridA reasonable estimate of the current base salary range at the time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is comprised of several components, including but not limited to applicant's skill, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and the location of the position.
This role is eligible for a discretionary annual bonus (based on company, business unit and individual performance).
Our benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.
Base Salary Range
$140,000 - $175,000
To learn more, visit www.antares.com.
