Senior Credit Originator
3 weeks ago
We are seeking a highly skilled Senior Credit Originator to join our team at Principal Financial Group, Inc. As a Senior Credit Originator, you will play a pivotal role in originating loans through the Private Equity (PE) Sponsor channel, concentrating your efforts in either the Midwest or South/Southeast region. You will collaborate closely with an existing originator for the region and work alongside the entire sponsor origination team to improve efficiencies and performance across the platform.
Key Responsibilities
- Originate investment opportunities based on strategic fit and financial return.
- Build and maintain relationships with prospective business owners/targets, investment bankers/business brokers, and advisors.
- Collaborate with existing originators to expand the private equity-focused non-bank senior and unitranche debt origination efforts, aligning with Principal's investment strategies.
- Provide insights and expertise to drive efficiencies and desired growth for the sponsor origination platform.
- Maintain a deep understanding of each private equity relationship by supervising and reporting material fundraising, investment, and portfolio activities.
- Lead and coordinate with underwriting staff through the screening, underwriting, approval, and closing processes for each financing opportunity.
- Evaluate investment opportunities and provide recommendations based on fit with criteria and preliminary investment theses.
- Support the expansion of Principal's general marketing efforts, including all products and capabilities.
- Attend and facilitate sessions at lower middle-market focused M&A events, business owner forums, and industry conferences/tradeshows.
Requirements
- Bachelor's Degree required. MBA or CFA expected.
- Strong credit capabilities with 10+ years of relevant middle-market credit and originations experience, including 5+ years of direct underwriting and portfolio management experience.
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