Associate, Distressed Credit

Posted 10 Days Ago
Be an Early Applicant
New York City, NY
120K-125K Annually
Junior
Fintech • Software • Financial Services
The Role
Associates will analyze and execute new investment opportunities, assist with portfolio monitoring, and contribute to investment committee materials. They will also conduct company and industry research and present findings to the team. Strong communication and financial modeling skills are essential, along with a passion for investing.
Summary Generated by Built In

As one of the world’s leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.

If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, come explore your potential at Invesco. Make a difference every day!

Job Description

About Us

The distressed credit & special situations team within Invesco focuses on opportunistic stressed and distressed investments as well as special situations control opportunities across the United States and Europe. The team has been together since 2016 and maintains a private equity style approach to sourcing, diligence and execution of investments. We manage approximately $2.5 billion in assets and are currently investing out of our second special situations fund as well as an opportunistic private credit vehicle. People and a collaborative culture are the foundation of our success, and it is our mission to hire, develop and retain the best talent in our industry.  


Description

Associates are responsible for analyzing and executing new investment opportunities as well as assisting with portfolio monitoring. Associates are expected to have strong communication (verbal and written) skills, excellent modeling abilities, and be comfortable reading and understanding financial and legal documentation. Ideal candidates will be detail-oriented, intellectually curious, and have a passion for investing and learning about different business models. The team is looking for someone with sound judgment and strong technical skills who is driven, humble, a self-starter and a good team player.

Note that while this is a two-year program, there is a track record of promotion for strong performers.  

Key Responsibilities / Duties:  

• Perform financial modeling and analysis  

• Conduct company and industry research  

• Assist with investment execution, including the creation of investment committee materials  

• Preparation of presentations and other written materials (including fundraising)  

• Ability to present analysis and findings to team / investment committee  

• Monitoring of markets and current industry trends  

• Post-investment monitoring of portfolio investments  

• Interact with management teams, advisors, and other constituents

  

Work Experience / Knowledge:

• Prior experience as an investment banking analyst with at least one full year of experience in a restructuring, leveraged finance, M&A, or relevant industry group  

• Prior experience at a credit focused buy-side firm (e.g., hedge fund, direct lending, BDC, etc.) is a plus 

The salary range for this position in New York is $120,000 - $125,000 plus annual incentive compensation up to 100% of salary. The total compensation offered for this position includes salary and incentive pay and will vary based on skills, experience, and location.

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

YesWorkplace Model

At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office. 

What’s in it for you?

 

Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including: 

  • Flexible paid time off

  • Hybrid work schedule 

  • 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution 

  • Health & wellbeing benefits 

  • Parental Leave benefits 

  • Employee stock purchase plan

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.

The Company
HQ: Wimbledon
522 Employees
On-site Workplace
Year Founded: 2004

What We Do

intelliflo widens access to financial advice through leading technology which powers the financial advisory experience. We use open software architectures combined with unmatched industry experience to simplify a complex digital landscape to help our customers thrive and grow. Our solutions support over 30,000 financial professionals worldwide, representing over three million end-investors, with over $1 trillion (US) advised across our platforms.

intelliflo operates independently under its own brand as a wholly owned subsidiary of Invesco, a global leader in the asset management industry with $1.6tr AUM. Whilst intelliflo remains independent in operations to Invesco, we draw from its strengths. After bringing together Invesco’s digital advisory solutions under our global intelliflo brand in March 2021, we continue to remain dedicated to powering the entire advisory lifecycle through our range of open architecture solutions, as the global leader in financial advice technology.

Digitization is transforming wealth management. Invesco is committed to creating commercial software that allows advisors, institutions, and investors, to unlock technology-enabled possibilities. intelliflo is a key part of Invesco’s ambition to build the future of wealth management.

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