Complex Credit Analyst Jobs

Dynamic Group Description:

White Oak’s Complex Credit (“CC”) team oversees special and distressed situations, with a focus on more tactical credit investing strategies. Complex Credit often works on investments where White Oak holds control debt or equity positions. The group employs a proactive approach to solving complex investment problems through:

• Financial Restructuring & Operational Improvements (e.g. liquidity management, cost rationalization, etc.).
• Root Cause Analysis (e.g. customer issues, capital structure issues, etc.).
• Operational Stabilization (e.g. management changes, financial planning, etc.).
• Recapitalization / Exit (e.g. refinancing, sale of company, etc.).
• Triage (e.g. when necessary in the event of major covenant defaults).

In addition to high-touch portfolio engagements, CC analyzes new investment opportunities with the following characteristics:

• Distressed loan portfolios or loan positions at large discounts.
• Underwritings of special situations investments.
• New investments have a focus on value creation and synergies for the existing portfolio.

Summary :

The Analyst or Senior Analyst will support the team in two overarching functions:

o Management and servicing of existing debt and equity investments in the CC portfolio. This involves performance analysis, valuation, reporting, and investor relations requests related to Complex Credit investments.

 For this function, the Analyst or Senior Analyst will work closely with a team of professionals to carry out the responsibilities of managing the firm’s portfolio of investments. The Analyst or Senior Analyst will gain significant experience in the private debt industry and may be asked to perform ad-hoc analyses, build and maintain financial models, facilitate investment valuations, and support the more senior members of the team.

o Work closely with senior members of the CC team to support all aspects of the investment and triage process:

 Build robust, three-statement financial models to (i) help company financial planning, (ii) analyze distressed investments and (iii) rationalize strategic alternatives / exit opportunities;

 Draft internal investment memorandums for Investment Committee discussions; and

 Assist with the negotiation of legal documentation and restructurings.

 The firm has a collegial environment where contributions from all team members are respected.

 This role provides significant responsibility and an opportunity to develop and apply the complete skillset for investing in credit, while also providing operational and M&A experience akin to private equity.

Candidate Qualifications:

• Excellent communication and interpersonal skills.
• Undergraduate GPA of 3.5 or higher from a competitive institution.
• Experience with credit documentation and working knowledge of capital structures are a plus.
• One to four years of investment banking, restructuring, leveraged finance, portfolio management, credit investing or private equity experience.
• Candidates must be highly motivated and intellectually curious individuals with strong financial modeling, valuation and accounting skills.
• Cultural fit is essential.

Firm Overview:

White Oak Global Advisors, LLC (“White Oak”) is a private credit investment manager with approximately $7.2 billion* of assets under management. We are a direct lending specialist focused on senior secured term and asset based loan products to non-sponsored and sponsored middle market companies. We are industry agnostic with a rigorous investment process, and we work closely with our borrowers throughout the lifecycle of the loan. Our hold size ranges from $20 million to $150 million, and we are typically the controlling lender and administrative agent for the loans we make. White Oak is headquartered in San Francisco, CA with offices or affiliates in eight other U.S. cities, Asia and Europe.

* The AUM is unaudited and estimated based on net asset values of funds and managed accounts and uncalled capital commitments as of the prior quarter and subscriptions through March 26, 2021. White Oak Global Advisor’s regulatory AUM number in its most recent Form ADV may be materially different than White Oak’s AUM as of the date hereof.