Asset Manager, L&G Asset Management, America
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Job Location:
Chicago, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
5 hours ago
Vacancies:
1 Vacancy
Job Summary
L&G Asset Management America is seeking an experienced asset manager to support the ongoing management of our $10 billion investment grade debt private placement portfolio and where appropriate support the due diligence and execution of new investments. The successful candidate will partner closely with origination portfolio management and risk stakeholders to monitor investment performance across corporate alternative and infrastructure debt sectors.
- Manage portfolio oversight to ensure investments are actively monitored against underwriting thesis downside protections and client objectives to preserve and enhance value through disciplined surveillance and escalation.
- Proactively monitor financial performance liquidity and covenant compliance including review of financial statements compliance certificates budgets operating KPIs and financial models supplemented by direct engagement with management teams.
- Maintain an early-warning framework utilizing our asset management platform to identify performance deterioration elevate risk signals and drive timely actions ranging from intensified monitoring to formal remediation plans.
- Lead borrower and sponsor engagement periodic credit reviews and client-facing meetings and coordinate site visits with a focus on major capital projects.
- Partner with borrowers to collect and validate key ESG metrics required under certain client IMAs and ensure data integrity for reporting and governance.
- Manage and present portfolio reporting including quarterly portfolio reviews focus/watch lists waiver trackers construction logs and portfolio dashboards for stakeholders.
- Coordinate governance by partnering with various internal teams to refresh risk views maintain documentation and support related deliverables.
- Lead amendment and waiver workstreams including credit review material production negotiation of terms and Investment Committee presentations where required.
- Support workouts and special situations collaborating with senior colleagues on stressed or distressed credits to protect downside preserve value and maximize recoveries through structured remediation and stakeholder alignment.
- Manage post-close execution in partnership with business management teams to ensure subsequent conditions deliverables and operational items are completed.
- Contribute to platform and process improvement supporting business change initiatives across the Private Credit team related to portfolio tools controls and monitoring.
- Enhance underwriting with due diligence and analytical support that leverages insights gained from the existing portfolio and observed risk patterns.
Qualifications :
- Experience: 510 years of relevant experience in banking / private credit / private placements / leveraged loans / direct lending (or adjacent sectors such as structured credit specialty finance or project/infra debt).
- Direct experience underwriting debt monitoring financial performance and covenant compliance engaging with borrowers managing underperforming credits including amendments and waivers and reporting on portfolio credit performance.
- The candidate will need to be self-motivated proactive have strong critical thinking and analytical skills and know how to communicate complex information effectively
- Strong organizational skills and attention to detail with the ability to manage multiple projects under tight timelines in team environment with a high degree of collaboration.
- Experience working with training and leading less experienced members of the team.
Additional Information :
$150000 - $175000
The starting salary offer will vary based on multiple factors including but not limited to the applicants education job-related experience skills and abilities geographic location and market factors. This position is also eligible to participate in the companys annual discretionary bonus plan. Full time employees may be eligible for health insurance with an optional HSA short term disability long term disability dental insurance vision care life insurance Healthcare Dependent and Limited Care Flexible Spending Accounts 401K vacation sick time an employee assistance program and commuter and transit programs. Additional voluntary programs include: supplemental health benefits including accidental injury critical illness and hospital indemnity insurance and pet insurance.
EOE Statement
As an EOE employer L&G Asset Management America will extend equal opportunity to all employees and applicants for employment without regard to race color religion gender sexual orientation gender identity ancestry national origin age disability medical condition genetic information marital status pregnancy military status and/or any other characteristic protected under applicable federal state or local laws governing non-discrimination in employment. (2025)
Remote Work :
No
Employment Type :
Full-time
Key Skills
About Company
Legal & General (L&G) is a leading UK financial services group and major global investor.We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.We are one of th ... View more
