Strategic Corporate Lending Manager
1 day ago
PIMCO is a leading global investment manager with a strong track record in fixed income and credit opportunities.
We have a long history of navigating complex debt markets and delivering strong risk-adjusted returns for our clients.
Job DescriptionWe are seeking an experienced Portfolio Manager to join our European direct lending team. As a key member of the team, you will play a critical role in driving origination and execution of direct lending transactions across middle market and larger cap deals.
You will be responsible for sourcing and evaluating new transactions, conducting due diligence, and preparing credit approval memos. You will also negotiate and review legal documentation and participate in deal closing.
- Sourcing and evaluating new transactions, pre-screening transactions, conducting due diligence, preparing credit approval memos, pitching transactions to the credit committee to obtain credit approval, negotiating and reviewing legal documentation, and participating in deal closing.
- Identifying and developing strategic contacts with pertinent market participants, including banks, advisors, financial sponsors, and direct borrowers to support the sourcing of lending opportunities.
- Managing portfolio accounts – monitoring performance and covenant compliance, preparing periodic/annual reviews, examining amendments and waiver requests, providing performance updates to managers, identifying and acting on warning signals, participating in portfolio reviews.
The ideal candidate will have a minimum of 12 years of experience investing in middle market lending transactions, including origination and credit underwriting, and dealing with corporate restructurings with a strong track record across the private equity universe, including bank loans, high yield, second lien, mezzanine, and equity.
The successful candidate will possess strong experience in leading negotiations of credit agreements and other legal documentation. They will also have prior established relationships with the debt advisory community, private equity community, and other direct lenders to drive idea flow and ease the execution of ideas where collaboration with other debt holders is required or desirable.
A strong work ethic and integrity are essential, as is being a team player that is proactive and self-motivated. Good communication skills, strong written and oral presentation abilities, and the ability to be persuasive and credible are also crucial.
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