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Loan Underwriting Associate Jobs

Company

Jefferies & Company, Inc.

Address , New York, 10162, Ny
Employment type FULL_TIME
Salary $90,000 - $140,000 a year
Expires 2023-07-21
Posted at 11 months ago
Job Description

Description

Jefferies Financial Group Inc. (‘‘Jefferies,’’ ‘‘we,’’ ‘‘us’’ or ‘‘our’’) is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.

GROUP DESCRIPTION: Apex Credit Partners LLC (“Apex”) is an asset management platform focused on managing leveraged loans and CLOs with approximately $4.4 billion in assets under management. Apex is wholly-owned by Jefferies Finance LLC, a joint venture of Jefferies Group LLC and Massachusetts Mutual Life Insurance Company formed in 2004.

POSITION: Apex is actively looking for experienced Associate for our New York mid-town office with the following attributes:
  • Underwriting of leveraged loan transactions as well as monitoring existing exposures within assigned industry sectors
  • Analyst buy-side role with 3-5 years of overall experience with a generalist background

PRIMARY RESPONSIBILITIES: As an analyst on the Apex team, you will be assigned certain industries and assume responsibilities related to underwriting new primary transactions and covering existing loan investments. These responsibilities will include the following:
  • Buy/hold/sell recommendations based on credit and relative value
  • Conduct investment due diligence and assess key credit considerations
  • Provide quarterly analysis of financial and operating performance
  • Preparation of underwriting approval/decline memos for formal credit committee approval
  • Continuous oversight/coverage of all investments
  • Prepare amendment, waiver, and consent requests
  • Analyze primary issuance and secondary market opportunities
Qualifications

REQUIRED BACKGROUND:
  • Team player who is a resourceful self-starter, willing to assist with the training of junior analysts, and to work on special projects
  • Significant experience analyzing CIMs, models, credit agreements, and term sheets
  • CFA, MBA, and/or formal credit training is a plus
  • Some knowledge of consumer products, automotive, and retail industries helpful but not necessary
  • Significant experience in bank loan underwriting and research with in-depth quantitative credit, financial analytical, and critical thinking skills expertise
  • Demonstrated modeling, written and verbal communication skills with attention to detail

The salary range for this role is $90,000-140,000.

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is an equal employment opportunity employer. We practice equal opportunity for all, and all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with qualified disabilities, as appropriate, under applicable law.

All employees must follow Jefferies’ COVID-19 protocol policy, which is subject to change.

Primary Location: US-New York

Job: Investment Banking

Organization: Jefferies Financial Group

Schedule: Full-time

Job Posting: May 10, 2023, 2:07:33 PM