Senior Investment Associate - Corporate Debt at LegalAndGeneral

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

17 Jul, 26

Salary

170000.0

Posted On

18 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Corporate debt, Credit analysis, Origination, Due diligence, Risk-adjusted returns, Financial modeling, Relationship management, Portfolio management, Investment banking, Private credit, Documentation review, Negotiation, Credit risk, Stakeholder management, Market research, Team leadership

Industry

Financial Services

Description

Company Description L&G's Asset Management business is a major investor across public and private markets worldwide, with $1.533 trillion in AUM.* Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G’s own balance sheet. Our ambition is to be a leading global investor, innovating to solve complex challenges for our clients using the power of L&G. This is rooted in our investment philosophy and processes, which are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can generate value and drive positive change. Job Description The Senior Investment Associate is primarily responsible for the origination, analysis, execution and management of corporate debt investments for L&G’s clients, including industrials, utilities, REITs, healthcare, sports leagues, insurance companies and various other sectors. The role will also include supporting other Private Credit verticals and wider team initiatives, such as new client marketing & origination, new sector/product research, and improving operational processes and procedures Responsibilities Originate and filter new potential corporate debt investments according to suitability for LGIMA’s clients. Origination to include liaising with borrowers, intermediaries, and sponsors, as well as attending conferences and other industry events, to build and maintain market connections Act as Deal Captain on transactions that demonstrate attractive risk-adjusted returns and meet client requirements, taking ownership of due diligence, credit ratings, documentation review and negotiation, all approval processes, and execution/closing Manage existing investments by reviewing borrower reporting, rating agency reports, processing and escalating waiver requests, and producing quarterly reviews Role will require the candidate to work closely with colleagues in Chicago and London, working cross-border with legal, credit, operations and business management teams Manage key internal and external stakeholder and borrower relationships, including discussing pipeline and portfolio updates with clients Research new sub-sectors and products that could be appropriate investments for LGIMA clients, and support internal and external education / approvals to invest in new products that we believe show attractive risk-adjusted returns Support preparation of marketing materials for potential clients, and help the solutions team develop new products for Private Credit Work with junior talent in the team to develop their technical and soft skills, providing them with opportunities to learn, grow and progress their careers Qualifications The candidate is likely to have experience in investment grade private credit, private placements, investment banking, commercial banking, leveraged lending, direct lending, high yield, or other relevant sectors, with a deep understanding of identifying and mitigating credit risks Bachelor's Degree, preferably in Finance, Accounting, and/or Economics, required 5+ years of credit experience required Completion of a rotational training program in commercial banking, investment banking, or a rating agency is preferred Chartered Financial Analyst (CFA) credential or pursing CFA preferred Direct experience underwriting and executing investment grade or sub-investment grade debt transactions The candidate will need to be self-motivated, proactive, have strong critical thinking and analytical skills, and know how to communicate effectively in a variety of settings Experience working with, training and leading less experienced members of the team Additional Information $150,000 - $170,000 The starting salary offer will vary based on multiple factors, including but not limited to the applicant’s education, job-related experience, skills, and abilities, geographic location, and market factors. This position is also eligible to participate in the company’s annual discretionary bonus plan. Full time employees may be eligible for health insurance with an optional HSA, short term disability, long term disability, dental insurance, vision care, life insurance, Healthcare, Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs. Additional voluntary programs include: supplemental health benefits including accidental injury, critical illness and hospital indemnity insurance and pet insurance. EOE Statement As an EOE employer, L&G Asset Management, America will extend equal opportunity to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, ancestry, national origin, age, disability, medical condition, genetic information, marital status, pregnancy, military status, and/or any other characteristic protected under applicable federal, state or local laws governing non-discrimination in employment. (2025) Permanent/Regular or Fixed Term Contract/Temporary: Permanent (UK and ROW) / Regular (US) L&G Business Unit: Legal & General Investment Management L&G sub Business Unit: LGIMA Primary Location: USA, Chicago Job Family: Property Investment Management Compensation: USD 150000 - USD 170000 - yearly

Responsibilities

The Senior Investment Associate is responsible for the origination, analysis, and execution of corporate debt investments across various sectors. They will also manage existing portfolio investments, maintain stakeholder relationships, and mentor junior team members.