Vice President, Fund Finance

Chicago, IL - USA

Monthly Salary: $ 150000 - 175000

Posted on: 14 hours ago

Vacancies: 1 Vacancy

Job Summary

Location Designation:Hybrid - 3 days per week

Role Overview: As a Fund Financing professional you will play an important role in Apogem Capitals Fund Financing team and report into the Senior Director of Private Credit Operations & Fund this role you will be bridging the gap between the private credit team and the credit operations team and will be responsible for management of financing facilities supporting various investment vehicles including a new evergreen commingled fund.

What Youll Do:

You will be responsible for managing financing solutions for Apogem Capitals investment structures and funds including subscription-backed credit facilities bespoke investment specific financing solutions credit facilities for evergreen investment structures interval funds BDCs and implementation of letters of credit. Your responsibilities will include the following:

Assist senior team members with deal structuring and negotiating financings across different products and asset classes
Day-to-day management of leverage facilities including borrowing base calculations preparation of borrowing notices reportable events and assigned values for underlying assets
Utilize financing facilities and capital calls to manage liquidity for new asset purchases and draws on unfunded commitments
Work on supporting the asset allocation team by way of liquidity and strategy
Work with the credit operations team and finance team on reporting/compliance
Work with various teams internally regarding capital availability
Portfolio analytics
Assist with weekly management reports and analyze investment finance
Formal and informal training of internal stakeholders
Lead team initiatives and proactively identify areas for improvement

What Youll Bring:

Bachelors degree required; an advanced certification or degree a plus (e.g. CPA CFA CAIA MBA/JD)
7 yrs of fund financing and/or capital markets experience in a leading bank medium sized to large Private Credit Investment Management firm or BDC
Exceptional understanding of the fund financing markets including understanding of various products (e.g. subscription lines NAV facilities) and execution processes
Strong analytical and negotiation skills
Self-driven team player with a strong desire to make meaningful contributions and a positive impact
Strong project management skills and ability to work under pressure
Intellectual curiosity with strong analytical and problem-solving skills

Preferred Skills:

Network in the private market community among lenders GPs and law firms

Understanding and negotiating experience of facility documentation across multiple asset classes and markets (Americas Europe Asia)

#LI-AM1

Pay Transparency

Salary Range:$150000 - $175000

Overtime eligible:Exempt

Discretionary bonus eligible:Yes

Sales bonus eligible:No

Actual base salary will be determined based on several factors but not limited to individuals experience skills qualifications and job location. Additionally employees are eligible for an annual discretionary addition to base salary employees may also be eligible to participate in an incentive program.

Company Overview

At New York Life our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology- data- and AI-enabled organization we remain grounded in the values that drive lasting impact.

Our diverse business portfolio creates opportunities to make a difference across industries and communitiesinviting bold thinking collaborative problem-solving and purpose-driven innovation. Here youll find the rare balance of long-standing stability and forward momentum supported by an inclusive team that honors tradition while embracing progress.

As a Fortune 100 mutual company we offer a place to grow your skills contribute to meaningful work and deliver solutions that matter. Your ideas drive whats next and your growth powers it.

Our Benefits

We provide a full package of benefits for employees and have unique offerings for a modern workforce including leave programs adoption assistance and student loan repayment programs. Based on feedback from our employees we continue to refine and add benefits to our offering so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion
At New York Life fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Lifes leadership in this space.

Recognized as one of Fortunes Worlds Most Admired Companies New York Life is committed to improving local communities through a culture of employee giving and volunteerism supported by the proud that due to our mutuality we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life please visit the Careers page of .

Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.

Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients and employees needs.

Job Requisition ID: 93270

Required Experience:

Exec

Location Designation:Hybrid - 3 days per weekRole Overview: As a Fund Financing professional you will play an important role in Apogem Capitals Fund Financing team and report into the Senior Director of Private Credit Operations & Fund this role you will be bridging the gap between the private cred...