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Corporate Securities Associate
Dallas
Credit Funds
Ref #
3075
Date published
14-Oct-2022

Associate – Corporate Securities Group – Fortress Credit Funds

Dallas, TX

About Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $45.7 billion of assets under management as of September 30, 2022. Founded in 1998, Fortress manages assets on behalf of over 1,900 institutional clients and private investors worldwide across a range of credit and real estate, private equity, and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term.


About the Position

The Associate will sit on the Corporate Securities team within the Fortress Credit Funds business. The Associate will assist in the evaluation of investments across the capital structure with a specific focus on credit opportunities within the healthcare industry. The Associate will report to a Managing Director in the Dallas office and work with a team of experienced underwriters, asset managers and traders in Dallas, New York and San Francisco.


Responsibilities

  • Develop a well-informed and balanced view of the business, financial, and competitive risks faced by a company, sector, and industry
  • Develop, conduct and coordinate financial analyses, reports and presentations to facilitate investment decisions, including leading the development of the investment memo
  • Analyze and execute investment and asset management strategies
  • Develop flexible financial models and perform ad hoc financial forecasting, analyses and modeling
  • Support the closing process including legal document negotiation
  • Analyze, prepare, and present for approval all required amendments, waivers, and extensions 
  • Work with third-party advisors on amendments and work-outs (financial / restructuring advisors, legal counsel)
  • Be informed / knowledgeable of macro trends in the high-yield and leveraged loan asset classes
  • Continuous monitoring and risk management of an assigned portfolio of liquid and illiquid credit investments

Qualifications

  • Bachelor’s degree in Finance, Accounting, or Economics; MBA and/or CFA a plus but not necessary
  • 4+ years of credit underwriting, transaction due diligence, transaction advisory, corporate restructuring, and portfolio management experience; healthcare experience is a plus but not necessary
  • Excellent analytical skills, attention to detail and strong organizational skills
  • Proficiency in Excel and Word a must
  • Excellent modeling skills including the ability to build a flexible three statement LBO model
  • Excellent attention to detail and strong organizational skills to handle multiple projects in a fast-paced environment
  • Strong interpersonal and communication skills to interact with management, bankers, and industry analysts
  • Self-starter, able to work independently and in a team environment
  • Strong presentation skills




Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.