Core Responsibilities- Analyze themes and identify investment opportunities across industries and capital structures primarily in stressed and distressed credit
- Conduct detailed quantitative and qualitative analysis, with a focus on risk and return, in order to underwrite potential stressed and distressed investments across a wide variety of industries, asset types and investment strategies
- Perform detailed financial modeling of potential investments and lead due diligence efforts
- Analyze financial statements, financing terms, covenants, legal/bankruptcy documents, restructuring plans, capital/corporate structures, industry trends, market technicals and other items related to stressed and distressed investments
- Work effectively with a variety of counterparties including attorneys, brokers, bankers, and consultants as required to evaluate, source, negotiate, and/or structure investment transactions
- Manage portfolio investments and restructurings
- Serve as a key contributor to overall business building efforts as part of this growing team, which may include the opportunistic formation of additional investment vehicles
- Prepare investment memoranda to outline investment thesis with supporting financial analysis, research and overview of investment risks and return.
What We Look For- Relevant investing experience within private equity, public credit or stressed and distressed credit - depth of knowledge of credit and special situations underwriting
- Excellent work ethic and high degree of professionalism
- Commitment to a team and goal-oriented environment
- Strong attention to detail, ability to multi-task and work effectively in a fast-paced, dynamically changing environment
- Strong ethical standards and integrity
Compensation The base salary for this position is expected to be between $175,000 and $225,000. The base salary offered to the selected candidate will be commensurate with a candidate's relevant experience and other qualifications for the position, as determined by Sixth Street in its sole discretion.
In addition to base salary, this position is eligible for an annual discretionary bonus and a competitive benefits package. Benefits offered currently include health, life, long-term and short-term disability insurance and a 401(k) plan. In addition, this role is eligible for paid public holidays (NYSE calendar), paid sick days pursuant to local laws, and additional reasonable time off subject to manager approval.
If a job offer is extended for a location other than San Francisco, the salary range may differ based on the location.