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Who We Are
At Corebridge Financial we believe action is everything. Thats why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives for today and tomorrow.
We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:
We are stronger as one: We collaborate across the enterprise scale what works and act decisively for our customers and partners
We deliver on commitments: We are accountable empower each other and go above and beyond for our stakeholders
We learn improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future
We are inclusive: We embrace different perspectives enabling our colleagues to make an impact and bring their whole selves to work
About the role
Vice President Direct Lending
Corebridge Institutional Investments Private Credit Group (PCG) invests on behalf of Corebridges Life & Retirement companies and an external client. PCG manages a $27 billion portfolio across several classes including Corporate Privates (CP) Infrastructure Asset Backed Securities (ABS) and Direct Lending. Corebridges Direct Lending team invest in high yielding shorter duration typically floating rate loans. In this role the Vice President will support a Managing Director in evaluating new Project Finance and Infrastructure investment opportunities and monitor a portfolio of existing loans. The VP will lead a credit analyst conduct due diligence prepare credit packages present recommendations to the Private Credit Investment Committee and manage all other credit aspects of their portfolio. Candidate must be able to make sound investment recommendations manage amendment requests actively participate in restructuring negotiations using sound credit judgment and structure and price transactions with the goal of providing appropriate levels of protection and return for the risk taken.
This role requires a handson contributor with significant credit deal and legal documentation experience.
Responsibilities include:
Responsible for an assigned portfolio and for leading deal teams and mentoring and training analysts with varying levels of credit underwriting experience.
Portfolio management responsibility fora portion of the Direct Lending portfolio focused on Project/Infrastructure credits which requires an experienced portfolio manager with a proven ability to evaluate and price credit risk and negotiate legal documentation across numerous structures asset classes industries economic cycles regulatory regimes and geographies.
Demonstrate discipline in credit structure and pricing and exercise sound judgment in guiding the Direct Lending Teams proposals to PPG Credit Committee.
The Vice President will collaborate with other Private Credit asset classes and Workouts throughout Corebridge and support a team approach in transaction management.
Capable of underwriting challenging credits offered in Project Finance/Infrastructure mainly in the preprerevenue stabilization or construction phase with a focus on digital Infrastructure and power generation storage and transmission. He or she manages the entire deal process and portfolio with the objective providing appropriate levels of protection and return for the risk taken in addition to meeting the dynamic needs of investors andmaking appropriate relative value decisions all while following sound risk management and compliance protocols.
Coordinate and communicate with inhouse and external counsel to satisfactorily negotiate and document amendments and new transactions.
Ensure Direct Lending Team actively manages assigned portfolio investments through timely completion of credit monitoring ratings updates monthly pricing and review of financial statements and covenant compliance amendment processing.
With coaching and mentoring responsibilities and potential supervisory responsibilities theindividualwill lead deal teams with an awareness of each members career goals and organize individual assignments to challenge develop and reward each team member.
Identify and encourage important contributions and leadership roles played by team members at all levels of the Direct Lending team and Corebridge.
Maintain relationships with issuers placement agents lawyers and debt advisors and other investors as well as work with internal constituents to close and fund transactions.
The Vice President will be a subject matter expert and represent Corebridge at industry events speak at conferences lead corporatelevel initiatives and assist in recruiting talent.
Promote a culture of awareness and ownership of: Corebridge policies and procedures Ethical behaviors and practices Risks in daytoday responsibilities Regulatory requirements related to your business or function
What we are looking for
10 years of experience in debt capital markets preferably 8 in Project Finance market.
Fouryear degree from an accredited college or university is required; MBA and/or CFA preferred.
Excellent credit analysis oral and written communication skills.
Track record of successfully achieving goals leading deal teams and managing a valueadded private credit portfolio.
Proficiency in all aspects of the Project finance and Infrastructure origination process.
Proven leadership qualities and accomplishments combined with positive attitude and collaborative workstyle.
Demonstrated high ethical standards good judgment and flexibility in achieving goals.
What our employees like most about working for Corebridge Financial
We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation.
Our Giving Back policy is at the core of our daily operations and guides our future progress. Dont believe us We put our money where our mouth is! Corebridge Financial will give you up to 16 hours a year paid time off to volunteer in the community.
Our people are at the forefront of creating value for customers and stakeholders and therefore we provide a generous benefits plan and competitive pay. Benefit package includes:
Paid Time Off (Corebridge Financial recognizes the importance of work life balance). We offer 24 PTO days to start. YES 24! 17 paid holidays per calendar year.
A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K $1 for $1 match up to 6 with immediate vesting plus Corebridge Financial automatically contributes an additional 3 into your 401K regardless of if you enroll or not.
This role is deemed a covered associate under SEC RuleCFR 275.20645 Political contributions by certain investment advisers and other federal and state paytoplay rules. Candidates for the role must not have made any political contributions that under 17 CFR 275.20645 or other federal or state paytoplay regulations would disqualify the candidate or Corebridge Financial from conducting Corebridge Financials business or that would otherwise create a conflict of interest for Corebridge Financial. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years.
Applications will be accepted for this position until a satisfactory candidate pool has been identified.
Why Corebridge
At Corebridge Financial we prioritize the health wellbeing and worklife balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include:
Health and Wellness: We offer a range of medical dental and vision insurance plans as well as mental health support and wellness initiatives to promote overall wellbeing
Retirement Savings: We offer retirement benefits options which vary by location. In the U.S. our competitive 401(k) Plan offers a generous dollarfordollar Company matching contribution of up to 6 of eligible pay and a Company contribution equal to 3 of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
Employee Assistance Program: Confidential counseling services and resources are available to all employees
Matching charitable donations: Corebridge matches donations to taxexempt organizations 1:1 up to $5000
Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work
Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.
Eligibility for and participation in employersponsored benefit plans and Company programs will be subject to applicable law governing Plan document(s) and Company policy.
We are an Equal Opportunity Employer
Corebridge Financial is committed to being an equal opportunity employer and we comply with all applicable federal state and local fair employment laws. All applicants will be considered for employment based on jobrelated qualifications and without regard to race color religion sex gender gender identity or expression sexual orientation national origin disability neurodivergence age veteran status or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation growth and profitability. Through a wide variety of programs and initiatives we invest in each employee seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process please send an email to Reasonable accommodations will be determined on a casebycase basis in accordance with applicable federal state and local law.
We will consider for employment qualified applicants with criminal histories consistent with applicable law.
To learn more please visit: www.corebridgefinancial
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process please send an email to . Reasonable accommodations will be determined on a casebycase basis.
Applications will be accepted for this position until a satisfactory candidate pool has been identified
Functional Area:
IN InvestmentEstimated Travel Percentage : Up to 25Relocation Provided: YesCorebridge Institutional Investments (U.S. LLCRequired Experience:
Chief
Full-Time