AVP, Private Debt Assistant Director - New York, United States - NLGIA

Description

Job Description

Corporate Title: AVP

Functional Title: Assistant Director

Department: Alternatives, Private Debt Investments

Reports To: Alternative Division CIO & Head of Private Debt Team

Overtime Eligible (Y/N): N

Position Summary:

Play an active and important role in pre-investment strategy research, manager investment and operational due diligence, and post-investment due diligence and reporting in Private Debt Fund investment business. This work will cover various Private Debt Fund strategies and managers.

Essential Duties/Function:

• Help the team in creating the Private Debt Fund investment platform and investment philosophy in collaboration with Alternative Head in NLGIA and Nippon Life Group's Tokyo
• Screen and develop new fund investment opportunities through the manager search and selection
• Build relationships with existing and prospective investment
• Conduct due diligence and formulate investment recommendations on Private Debt
• Assist the Portfolio Manager in serving as liaison with Nippon Life Group's Tokyo Offices regarding the allocations of various alternative investment categories based on investment goals; interpret and prepare data, investment related documents and Investment Committee materials for headquarters.
• Assist the Portfolio Manager by actively encouraging the promotion of ESG investment and implementing responsible investment through enhanced ESG scoring.
• Prepare regular reporting package for investors including Quarterly Report.
• Participate and present in the Quarterly Report meeting for Private Debt Fund, which includes members from Nippon Life Group's Tokyo
• Coordinate with external parties in the negotiation and execution of agreements and documents related to Private Debt Fund
• Perform post-investment monitoring of funds, including periodic meetings with investment managers and general partners, annual meeting attendance and office visits,
• Understand, prepare for and conduct the cash flow management and other operational issues of Private Debt Funds including instructions to administrators,
• Support the Portfolio Manager to develop new Japanese clients having an intention to invest Private Debt
• Research and investigate matters as required by Nippon Life Group's Tokyo Offices.
• Manage and maintain data related to underlying fund and company
• Miscellaneous projects or duties as assigned.

Experience/Qualifications:

• Strong academic background including Bachelor's degree, preferably in Business/Economics related field. MBA and/or progress toward CFA designation is preferred.
• 3-5 years of relevant experience in fund investments (including experience in middle or back office), preferably with a focus on Alternative or Credit fund Selection at an institutional investor (including bank, insurance company, pension fund, endowment, foundation, SWF or family office), investment consultant, investment manager, or private equity firm.
• Fluency in English is required. Other language ability is welcome.
• Strong command of MS Office software, including advanced Excel skills.
• Outstanding analytical, financial modeling, clear and concise written and verbal communication skills required.
• Ability to work overtime, as required (The team has video/conference call meetings time to time that take place in the NY morning or evening due to time differences with Japan. You will be expected to join these meetings.)
• Detail oriented, pro-active and able to manage multiple projects to deadlines with minimal supervision.
• Ability to travel internationally and domestically, as required.
• Must be a flexible team player able to adapt to change.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. This document is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required by the incumbents. Job responsibilities are subject to change, with or without notice. All employees may be required to perform duties outside of their normal responsibilities at any time at the Company's sole discretion. This document does not constitute a contract of employment with you of any kind, express or implied for any duration, or with respect to any of its stated or omitted terms. As described in the Company's employee handbook, the Company reserves the right to terminate your employment with or without cause, notice or reason at any time at its sole discretion.

NLGIA is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, religion, sex, gender (including gender identity and gender expression), national origin, citizenship, immigration status, age, disability, sexual orientation, military or veteran status, genetic information, sexual or other reproductive health decisions, or any other characteristic protected by applicable federal, state or local law.

The expected annual base salary for this position ranges from $115,000-$150,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus based on qualitative and quantitative factors.

In addition to a competitive base salary and discretionary bonus eligibility, we offer a generous benefits package which consists of the following:

• Medical, Dental, and Vision Insurance – Premiums for employees are covered at 100% and premiums for dependents are covered at 70% by the company
• 401k match and Money Purchase Plan (fully company-funded)
• Life Insurance and Disability Insurance
• Pre-tax Commuter Benefits
• Up to 6 weeks of Paid Parental Leave
• Tuition Reimbursement
• Current Hybrid Work Arrangements
• Paid Holidays in addition to vacation days, floating days and paid sick time

Disclaimer:

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. This document is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required by the incumbents. Job responsibilities are subject to change, with or without notice. All employees may be required to perform duties outside of their normal responsibilities at any time at the Company's sole discretion. This document does not constitute a contract of employment with you of any kind, express or implied for any duration, or with respect to any of its stated or omitted terms. As described in the Company's employee handbook, the Company reserves the right to terminate your employment with or without cause, notice or reason at any time at its sole discretion.

NLGIA is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, religion, sex, gender (including gender identity and gender expression), national origin, citizenship, immigration status, age, disability, sexual orientation, military or veteran status, genetic information, sexual or other reproductive health decisions, or any other characteristic protected by applicable federal, state or local law.

During the application process and, if hired, during employment, I agree to participate (if so requested by the Company and as not prohibited by applicable law) in testing to determine whether employees are under the influence of controlled drugs or illegal substances. Such tests or examinations will be performed by qualified professionals selected by the Company.

This submission of my application attests to the fact that the information that I have provided on my application, resume, given verbally, or provided on any other materials, is true and complete to the best of my knowledge and also constitutes authority to verify any and all information submitted on this application. I understand that any misrepresentation or omission of any fact in my application, resume or any other materials, or during any interviews, can be justification for refusal of employment, or, if employed, termination from the Company's employ. The Company or its agents may seek to verify the information on this application. As such, I hereby authorize the Company or its agents to contact any former employer or any representative of any other organization to which I have made reference in this application, and I hereby authorize said employer and/or representative to provide information to the Company on my behalf. I also affirm that I have not signed any kind of restrictive document creating any obligation to any former employer that would restrict my acceptance of employment with the Company in the position I am seeking. I understand that this application is not an employment contract for any specific length of time between the Company and me, and that in the event I am hired, my employment will be "at will" and either the Company or I can terminate my employment with or without cause and with or without notice at any time. The Company may, at its sole discretion, hold in abeyance or revoke, amend or modify, abridge or change any benefit, policy practice, condition or process affecting its employees.

I acknowledge that I have read all of the above statements, and that I understand them.