Associate, Direct Lending

Macquarie Group Limited • Full-time • New York, NY, US • $125k - $180k / year • 8h ago

Macquarie Asset Management is expanding its Private Credit business by hiring a driven individual to join the U.S. Direct Lending portfolio management team, offering a motivated finance professional the chance to make an immediate impact. The new direct lending fund will leverage Macquarie's principal investing experience and established origination team to build a differentiated offering focused on defensive sectors with resilient end-markets and stable cash flows.

At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

In your role you will work closely with the investment professionals across the business and participate in evaluating potential investment opportunities for the fund. Additionally, you will take ownership of monitoring and managing a defined pool of assets within the portfolio. Your work will include rigorous review of financial models and assumptions and analysis of credit structures, documentation, and rating assessments. In addition, your broad responsibilities will include supporting the Portfolio Manager in Investment Committee objectives as well as long-term fund-raising activities for the business.

Salary range for this position: $125,000 - $180,000/Year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. You can further read about the full spectrum of benefits we offer our people listed below.

What you offer

2+ years experience structuring and/or analyzing the risk fundamentals of corporate debt
Ease in analytical discussions, with a rounded, commercial approach to risk decisions
Ability to review and work with financial models
Comprehension of due diligence requirements for varying proposals (legal, technical, financial and other relevant due diligence reports)
Background and knowledge of credit documentation and capital markets.

We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

What we offer

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

1 wellbeing leave day per year and a minimum of 25 days of annual leave
20 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
2 days of paid volunteer leave and donation matching
Benefits and initiatives to support your physical, mental and financial wellbeing such as medical, prescription drug, dental, and vision insurance; health savings account and dependent day care savings account; life insurance, disability, and other insurance plans; 401(k) and short/long term disability
Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
Recognition and service awards
Hybrid and flexible working arrangements, dependent on role
Reimbursement for work from home equipment

About Macquarie Asset Management

Macquarie Asset Management is a global asset manager that aims to deliver positive impact. We’re trusted by institutions, pension funds, governments, and individuals to manage billions in assets globally. We provide access to specialist investment expertise across a range of capabilities including fixed income, equities, multi-asset solutions, private credit, infrastructure, green investments, natural assets, real estate, and asset finance.

Our commitment to diversity, equity and inclusion

We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie provides equal opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance.

Our aim is to provide reasonable accommodations to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know during the application process.