Senior Finance Manager, Direct Lending Strategy
4 days ago
Established in 2021, Fidelity Investments' Chicago-based lending team pursues private credit investing. Our leveraged finance platform targets middle-market private equity-backed businesses seeking financing for LBOs, acquisitions, dividends, and other investments.
We are looking for investor-minded, entrepreneurial candidates to join a growing team, gain significant experience, and responsibility quickly, and help leverage the Fidelity name in this growing market.
The High Income & Alternatives group has more than $100B in assets under management (AUM). The group's AUM are invested across the capital structure, including high yield bonds, leveraged loans, convertible bonds, and equities. Fundamental research is the foundation of the group's investment process.
This is an opportunity to join a growing team for the newly formed middle market direct lending strategy of Fidelity's High Income & Alternatives group. As a key member of the investment team, you will be responsible for supporting senior debt origination, underwriting, and portfolio management capabilities within the broader direct lending group.
The ideal candidate will have 8-12 years of experience in leverage finance, preferably with a top-tier alternative lending platform. Advanced financial modeling skills and comfort dealing with various capital structures are required. Leadership skills, strategic thinking, and creativity are essential for success in this role.
As a Senior Finance Manager, you will lead and actively contribute to all aspects of origination, due diligence, and relationship/portfolio management. This includes analyzing due diligence materials, communicating with investment bankers, company management, and private equity sponsors, working with internal and external legal counsel, and becoming a subject matter expert on key private credit strategies.
A Bachelor's Degree in a relevant field is required, with an advanced degree being a plus. Excellent written and oral communication skills, as well as a collaborative and proactive personality, are necessary for success in this role.
Responsibility, integrity, compassion, and expertise are fundamental standards for our company's operations.
The estimated salary for this position is $120,000 - $180,000 per year, based on location and industry standards.
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