The Vice President will work closely with Oaktree's Special Situations investment professionals and senior members of the Portfolio Transformation Team (PTT), collaborating with portfolio company leadership, boards of directors, and external advisors to drive operational improvement and transformation across Oaktree's portfolio. The role also includes supporting due diligence efforts by providing differentiated operational insights during new deal evaluations.

Primary Roles and Responsibilities Include:

• Partner with PTT leadership team to support management teams to develop and implement "Take Control" activities and 100 Day Plans - including milestone-driven, detailed operating plans that focus on successfully integrating portfolio companies and driving performance improvement opportunities.
• Be willing to take on interim roles within portfolio companies to drive results directly, when necessary
• Provide strategic, tactical and analytical leadership to portfolio company leadership teams, drawing on deep expertise across operations, strategy, and finance to drive measurable results.

• Support PTT leadership team in driving cross-functional turnaround and performance improvement programs including activities such as, but not limited to, core process redesign, cost reduction, corporate strategy, supply chain optimization, sales/marketing effectiveness, M&A support (including post-merger integration), talent and incentive upgrades, and other performance improvements.
• Support market-facing and operations diligence activities for potential new investments. Manage external advisors and deal teams to assess underlying markets, competitive landscapes, and target organization capabilities and strategies.
• Support Oaktree investment professionals and other advisors to further develop and execute liquidity/exit plans for portfolio companies.
• Own and support key PTT administrative tasks, including leading the development of functional or sector-specific playbooks, and building and maintaining a network of external partners across targeted capability areas. Contribute to internal knowledge sharing and continuous improvement within the PTT team, including codifying best practices, capturing case studies, and supporting onboarding or development of junior team members.

The ideal candidate will bring a combination of the following:

• Top-tier management consulting experience from firms such as McKinsey, BCG, Bain, AlixPartners, or Alvarez & Marsal, with a focus on strategic transformation and operational turnaround.
• Hands-on transformation experience within a private equity firm's operating team or in an operating role within a PE-backed company, with a demonstrated track record of leading major business restructuring, value creation, or operational improvement initiatives.
• Preferably a sector or functional spike-a distinctive area of depth or expertise that can provide added value across situations.
• Cross-industry and cross-functional agility, with the ability to rapidly understand new industries, diagnose issues, and design impactful solutions.

Key attributes include strong problem-solving and analytical skills, resilience and tenacity to drive measurable outcomes, and high emotional intelligence. The ability to navigate multiple stakeholders and drive challenging initiatives in a collegial, influence-based manner-rather than relying on positional authority-is critical to success in this role.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.

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.