TOIGO Foundation
Associate (Immediate Start) - US Senior Loans
TOIGO Foundation, Los Angeles, California, United States, 90079
TO APPLY - Email your cover letter and resume to
jmcaniff@oaktreecapital.com . Please include the title of the role in the subject line.
Our CompanyOaktree is a leader among global investment managers specializing in alternative investments, with $192 billion in assets under management as of March 31, 2024. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,100 employees and offices in 19 cities worldwide. We believe our competitive advantage includes our uniform investment philosophy, global platform and most importantly, our highly skilled employees. Oaktree is committed to cultivating a culture that encourages collaboration, intellectual stimulation, training and career development, diversity and inclusion and support to our communities through philanthropy. For additional information please visit our website at
www.oaktreecapital.com.
ResponsibilitiesBased in Downtown Los Angeles, Oaktree is seeking an associate to work within the U.S. Senior Loans Group for a 2-year program. This is an immediate start role. Oaktree initially formed the U.S. Senior Loan strategy in September 2007 to capitalize on the backlog of "hung" bridge loans held by investment banks. The strategy typically invests in broadly-syndicated, senior-secured loans or other senior, non-investment-grade debt. In most instances, the instruments we target constitute the most senior component in the borrower’s capital structure. In 2012, we continued to expand the strategy with a new product, Enhanced Income, which invests in senior loans through a lightly-levered CLO structure; and in 2014, we launched a traditional CLO product. The strategy’s focus is on U.S. dollar-denominated loans secured by first-priority liens in performing companies primarily within the U.S. and Canada, but also within Europe. Though it is less common, we may also invest in second lien loans, non-dollar-denominated loans, and secured or unsecured bonds, where we believe the value of the underlying business comfortably exceeds the value of our claim in a downside scenario.
The Associate will participate in all transaction functions and portfolio management activities:
Preparing detailed financial modeling;
Performing quantitative and qualitative analysis;
Developing and maintaining business and industry due diligence;
Participating in deal structuring, legal documentation and negotiations;
Monitoring the performance of existing portfolio investments.
Qualifications
2-3 years of experience as an analyst with a top investment bank within merchant banking or leveraged finance.
Outstanding financial modeling and analytical skills.
Demonstrated competency in financial statement analysis, business valuation, accounting and finance.
Personal Attributes
Must have outstanding initiative and be a self-starter.
Demonstrate non-linear thinking and have excellent written, verbal and interpersonal communication skills.
Ability to prioritize and manage multiple competing tasks.
Collaborative, team-oriented individual with strong sense of integrity and professionalism.
EducationA Bachelor’s degree with honors from a top university or college is required.
TO APPLY - Email your cover letter and resume to
jmcaniff@oaktreecapital.com . Please include the title of the role in the subject line.
Equal Opportunity Employment PolicyOaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.
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jmcaniff@oaktreecapital.com . Please include the title of the role in the subject line.
Our CompanyOaktree is a leader among global investment managers specializing in alternative investments, with $192 billion in assets under management as of March 31, 2024. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,100 employees and offices in 19 cities worldwide. We believe our competitive advantage includes our uniform investment philosophy, global platform and most importantly, our highly skilled employees. Oaktree is committed to cultivating a culture that encourages collaboration, intellectual stimulation, training and career development, diversity and inclusion and support to our communities through philanthropy. For additional information please visit our website at
www.oaktreecapital.com.
ResponsibilitiesBased in Downtown Los Angeles, Oaktree is seeking an associate to work within the U.S. Senior Loans Group for a 2-year program. This is an immediate start role. Oaktree initially formed the U.S. Senior Loan strategy in September 2007 to capitalize on the backlog of "hung" bridge loans held by investment banks. The strategy typically invests in broadly-syndicated, senior-secured loans or other senior, non-investment-grade debt. In most instances, the instruments we target constitute the most senior component in the borrower’s capital structure. In 2012, we continued to expand the strategy with a new product, Enhanced Income, which invests in senior loans through a lightly-levered CLO structure; and in 2014, we launched a traditional CLO product. The strategy’s focus is on U.S. dollar-denominated loans secured by first-priority liens in performing companies primarily within the U.S. and Canada, but also within Europe. Though it is less common, we may also invest in second lien loans, non-dollar-denominated loans, and secured or unsecured bonds, where we believe the value of the underlying business comfortably exceeds the value of our claim in a downside scenario.
The Associate will participate in all transaction functions and portfolio management activities:
Preparing detailed financial modeling;
Performing quantitative and qualitative analysis;
Developing and maintaining business and industry due diligence;
Participating in deal structuring, legal documentation and negotiations;
Monitoring the performance of existing portfolio investments.
Qualifications
2-3 years of experience as an analyst with a top investment bank within merchant banking or leveraged finance.
Outstanding financial modeling and analytical skills.
Demonstrated competency in financial statement analysis, business valuation, accounting and finance.
Personal Attributes
Must have outstanding initiative and be a self-starter.
Demonstrate non-linear thinking and have excellent written, verbal and interpersonal communication skills.
Ability to prioritize and manage multiple competing tasks.
Collaborative, team-oriented individual with strong sense of integrity and professionalism.
EducationA Bachelor’s degree with honors from a top university or college is required.
TO APPLY - Email your cover letter and resume to
jmcaniff@oaktreecapital.com . Please include the title of the role in the subject line.
Equal Opportunity Employment PolicyOaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.
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