VP/SVP of Direct Lending Origination & Underwriting - Jefferies Finance LLC

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Jefferies
  • 25 Mar 19

VP/SVP of Direct Lending Origination & Underwriting - Jefferies Finance LLC

Founded in 2004, Jefferies Finance LLC (“JFIN”) is a leading leveraged loan investor and arranger owned equally by MassMutual and Jefferies GroupLLC (“Jefferies”). JFIN manages more than $10 billion of capital across three business lines:

    • Direct Lending Investment Management: Invests proprietary capital and commitments from third party investors in senior debt to finance middlemarket Private Equity Sponsor (“Sponsors”) activity including LBOs, add-on M&A financings, and recapitalizations
    • CLOs (Apex Credit Partners): 15 CLOs invested in broadly syndicated Sponsored loans. JFIN acts as manager and also invests in different tranchesof CLOs under management.
    • Loan Underwriting and Arrangement: According to Bloomberg, JFIN was the leading underwriter of loans to PE Sponsors in the US in both 2017 and 2018
  • JFIN originates investment opportunities through an exclusive partnership with Jefferies and its team of more than 800 investment bankers that are focused on transacting with Sponsors across the capital markets
Job Description
  • JFIN’s Direct Lending Investment Management team is seeking a Vice President or Senior Vice President or equivalent-level employeein our New York office to help originate direct lending investments from middle market and large-cap Sponsorsin partnership with Jefferies Financial Sponsors Group (“FSG”).The VP/SVP will also assist in the underwriting and portfolio management of Direct Lending investments. The VP/SVP of Origination and Underwriting will reportto the Chief Investment Officer.
  • Responsibilities include:
    • Lead sponsor calling efforts on behalf of JFIN’s Direct Lending team and in partnership with FSG officers
    • Prepare marketing and new business development presentations highlighting the DirectLending team’s capabilities
    • Support FSG and Jefferies Investment Banking with Direct Lending staple financing proposals in M&A pitches / bake-off meetings
    • Identify and help generate investment banking ideas from the direct lending portfolio by tracking company performance and marketplace trends
    • Maintain and implement proprietary databases used to track sponsor portfolio companies, investment opportunities and fundraising progressfor Jefferies’ core financial sponsorclients
    • Assist the Direct LendingTeam in the structuring and diligence of new investment opportunities and monitoring of the invested portfolio
    • Participate in ad-hoc discussions of all directlending investment opportunities
    • Monitor, train and mentor juniorteam members


Qualifications
  • Undergraduate degreefrom a leading institution; concentration in Finance, Accounting, or Economics preferred.
    o MBA or CFA a plus
  • 5-10 years of sponsored direct lending origination and investment experience
  • Formal credittraining a plus
  • Excellent written and verbal communication skills
  • Ability to work well independently and as part of a team of investment professionals and investment bankers
  • Available for travel (approximately 1x-2x per month)
  • Live in or within commuting distance of New York City