Senior Associate

Company: New York Life
Location: New York
Posted on: June 12, 2021

Job Description:

When you join New York Life, you're joining a company that values development, career growth, collaboration, innovation, and diversity & inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources and programs, you can grow your career while developing personally and professionally.

Company: PA Capital LLC (a majority-owned subsidiary of New York Life Investments Alternatives LLC, a wholly owned subsidiary of New York Life Insurance Company New York Life Insurance Company)

Position: Senior Associate

Location: This position is fully remote and applicants may work remotely from anywhere in the United States

Duties: Evaluate, analyze, model, execute and perform qualitative and quantitative due diligence on various types of secondary transactions, including the purchase of fund partnership interests, fund or asset level financing, direct asset purchases, and fund restructurings. Day to day responsibilities include preparing investment committee memos, participating in due diligence meetings, building financials models, conducing market/company research, supporting development and execution of transaction documents, monitoring/reporting on existing investments, managing CRM databases, and conducing various ad-hoc analysis.

Education & Experience Requirements:

Master's degree (or foreign equivalent) in Finance or a related field, and three (3) years of experience in all phases of the investment process, including sourcing, diligence, execution, documentation, and portfolio monitoring. Or alternatively, a Bachelor's degree (or foreign equivalent) in Finance or a related field, and five (5) years of experience in all phases of the investment process, including sourcing, diligence, execution, documentation, and portfolio monitoring.

Special Skills:

One year of experience must include: preparing investment committee memos; participating in due diligence meetings with fund managers, portfolio company management teams, consultants, legal advisors, etc.; building financial models - fund & portfolio valuations, business/asset valuation, LBO modeling, M&A modeling, financial statement modeling, DCF modeling, etc.; conducting market/company research utilizing Capital IQ, Pitchbook, and Preqin; reviewing partnership agreements, legal documents, and other documents to assist in legal due diligence for potential investments; supporting development, assessment and negotiation of transaction structures, coordination of subsequent documentation, and closing process; assisting in preparation of term sheets, NDAs, purchase agreements, and other legal and transaction documentation; monitoring and reporting on existing investment/portfolio, and drafting periodic investor communications; managing CRM databases using eFront, DealCloud, Salesforce, etc.; and, assisting with tracking and prioritization of secondary investment opportunities.

Apply online at: http://www.newyorklife.com/careers.

Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by our Foundation. We invite you to bring your talents to New York Life, so we can continue to help families and businesses "Be Good At Life." To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

Job Requisition ID: 83650

Keywords: New York Life, New York , Senior Associate, Other , New York, New York