Responsibilities

Based in Downtown Los Angeles, Oaktree is seeking an associate to work within the U.S. Senior Loans Group for a 2-year program. Oaktree initially formed the U.S. Senior Loan strategy in September 2007 to capitalize on the backlog of "hung" bridge loans held by investment banks. The strategy typically invests in broadly-syndicated, senior-secured loans or other senior, non-investment-grade debt. In most instances, the instruments we target constitute the most senior component in the borrower's capital structure. In 2012, we continued to expand the strategy with a new product, Enhanced Income, which invests in senior loans through a lightly-levered CLO structure; and in 2014, we launched a traditional CLO product. The strategy's focus is on U.S. dollar-denominated loans secured by first-priority liens in performing companies primarily within the U.S. and Canada, but also within Europe. Though it is less common, we may also invest in second lien loans, non-dollar-denominated loans, and secured or unsecured bonds, where we believe the value of the underlying business comfortably exceeds the value of our claim in a downside scenario.

The Associate will participate in all transaction functions and portfolio management activities:

• Preparing detailed financial modeling;
• Performing quantitative and qualitative analysis;
• Developing and maintaining business and industry due diligence;
• Participating in deal structuring, legal documentation and negotiations; and
• Monitoring the performance of existing portfolio investments.

Qualifications

• 2-3 years of experience as an analyst with a top investment bank within merchant banking or leveraged finance.
• Outstanding financial modeling and analytical skills.
• Demonstrated competency in financial statement analysis, business valuation, accounting and finance.

Personal Attributes

• Must have outstanding initiative and be a self-starter
• Demonstrate non-linear thinking and have excellent written, verbal and interpersonal communication skills
• Ability to prioritize and manage multiple competing tasks
• Collaborative, team-oriented individual with strong sense of integrity and professionalism

Education

A Bachelor's degree with honors from a top university or college is required.

Base Salary Range

$100,000 - $150,000

In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.

For positions based in Los Angeles

For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.