Job Description

We are recruiting for a driven, adaptable Analyst or Associate to join the Strategic Credit group in the Credit Investments (CI) department in New York with a particular focus on Special Situations Credit. The Strategic Credit group invests in corporate debt of non-investment grade sponsored and non-sponsored issuers in North America. The group focuses on liquid and illiquid debt across the capital structure in the primary and secondary markets, including first lien loans, second lien loans, unitranche loans, high-yield bonds, convertible bonds, bridges, mezzanine debt and preferred equity.

The Analyst / Associate will work on Special Situations Credit including but not limited to investments in highly structured solution-based financings, ‘stressed’ investments via the primary and secondary bond and loan markets, deep value credit and CI’s existing portfolio. The Analyst / Associate will work in a small team evaluating investment opportunities, conducting research, developing recommendations, presenting to investment committees, participating in the negotiation and execution of investments and managing investments. The team has an affable and supportive culture and is looking for someone who will grow with the group over time.

Strategic Credit currently manages assets in excess of $10 billion, with individual investment size range targets from $100 million to over $1 billion.

ROLE-SPECIFIC ACCOUNTABILITIES

• Research, analyze and evaluate credit investment opportunities across the capital structure
• Assist in the execution of the full investment process, including review and negotiation of key deal terms and legal documentation
• Build financial models (including debt recovery waterfalls) to assist in investment evaluation, structuring and financing
• Prepare and present investment recommendations to Investment Committees
• Collaborate and manage relationships with various counterparties both internally and externally (investment banks, advisors, private equity sponsors, lawyers, other lenders, etc.)

Qualifications

• 1 – 4 years of credit fund or investment banking preferable within credit (Leverage Finance or Restructuring)
• Strong research, financial modeling, analytical and valuation skills
• Solid, demonstrated oral and written communication skills
• Experience in conducting complicated due diligence work under a compressed timeline, and working with external stakeholders (e.g. management, sponsors, investment banks, etc.)
• Previous experience in restructurings and stressed investing is helpful, but not required
• Ability to present an argument and distill complex information towards making an investment decision
• Willingness to travel for work
• Strong intellectual curiosity and a fast learner

If you have an interest in working with talented professionals in the financial industry in an environment of integrity, partnership and high performance then you should consider a career in Strategic Credit at CPP Investments

Additional Information

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At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process. 

OUR COMMITMENT TO INCLUSION AND DIVERSITY:

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.

DISCLAIMER:

CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered.  CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.

MANDATORY VACCINE POLICY

All employees in the Toronto, New York, San Francisco, Mumbai, Sydney, Hong Kong, and Sao Paulo offices will be required to be vaccinated against COVID-19. Accommodations to this policy will be made for medical or other protected grounds. Please contact us to discuss any accommodation needs.

MANDATORY VACCINE POLICY

All employees in the Toronto, New York, San Francisco, Mumbai, Sydney, Hong Kong, and Sao Paulo offices will be required to be vaccinated against COVID-19. Accommodations to this policy will be made for medical or other protected grounds. Please contact us to discuss any accommodation needs.