Associate, Private Credit - Restructuring

Futura Search Partners is pleased to be working on an exclusive basis with a Private Credit business based in NYC.The firm has a unique and entrepreneurial investment strategy and is in a continued period of growth.Role:Manage monitoring and post-investment relationship with multiple portfolio companies from deal close to exit;Interface with portfolio company executives to understand operational milestones and work with them to accomplish their goals;In the event of covenant breach, default or other crises:(a) identify and recommend solutions, (b) lead execution of the chosen solution or set of solutions, which may range from legal, financial or operational remedies, which can often include working directly with the management team and/or external advisors;Collaborate with colleagues to evaluate runoff alternatives and supervise liquidations & restructurings;During deal execution, perform operational diligence of borrowers and work with investment team to develop reporting and key performance indicators for portfolio companies and help structure monitoring packages;Establish and track loan covenants and other early warning indicators to ensure compliance and alert to risk;Prepare portfolio updates and KPI performance that will be presented to the Investment Committee;Communicate findings and analyses, across mediums, with team and firm senior management;Requirements:3-5 years' experience in a restructuring banking roleStrong academics

Created: 2025-01-07