About the Company
Monroe Capital is a $18.4 billion asset management firm specializing in private credit markets across various strategies including direct lending, software & technology, specialty finance, opportunistic, structured credit and private equity. The firm is headquartered in Chicago, and maintains offices in New York, Los Angeles, Naples, and Seoul.
Monroe is seeking restructuring/turnaround/credit professionals in a role managing existing investments in direct, club and syndicated leveraged loan transactions. The candidate will work as part of a team focusing on early intervention and managing Monroe’s higher risk rated investments (senior debt, junior capital, and equity).
Responsibilities
The successful candidate will have experience with the following:
- Lead in the management of a select portfolio of the firm’s higher risk rated investments through enhanced financial/operational monitoring and frequent interaction with company management, financial sponsors, and third-party consultants/financial advisors.
- Design, develop and implement strategies for maximizing portfolio investment recoveries.
- Prepare analysis and modeling of potential restructuring alternatives.
- Conduct negotiation with various constituencies including financial sponsors, company management, other bank group members, and other lenders in the capital structure.
- Coordinate and manage legal counsel and other external professionals, including consultants and financial advisors.
- Prepare and present restructure/amendment/waiver memorandums.
- Provide regular financial and strategic updates (both written and verbal) on portfolio accounts.
- Participate in review and negotiation of legal terms and documentation on individual transactions/amendments/waivers.
- Review and analyze Borrower financial reporting, monitor key performance indicators, and track operational and financial trends.
- Maintain knowledge of business and market trends that may affect portfolio performance.
An ideal candidate will have the following qualifications:
The ideal candidate will have 3-7 years of experience in one or more of the following areas:
- Principal investing (e.g., private credit, private equity, etc.)
- Special situations investment banking (debt placements, refinancing or distressed M&A)
- Restructuring/turnaround/lender advisory or interim management
- Leveraged finance and portfolio management
- Bachelor’s degree with a strong academic record from a top-tier undergraduate university
- Strong research, accounting and financial analysis skills, with the ability to build financial models, analyze financial statements, and interpret cash flow dynamics
- Extensive knowledge and experience with Microsoft Office products (especially Excel)
- Ability and desire to work in a fast-paced setting with proficiency at multi-task on multiple projects/deals, focus on detail and accuracy and follow-through
- Excellent interpersonal and communication skills (written and verbal)
- on multiple projects
- Skill to work well within a small team and meet tight deadlines, using own initiative without close supervision
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.