Trading Assistant

Our client, a top performing credit fund, is looking for a Trading Assistant to sit within their investment team.

• Attend and document Investment Committee meetings, quarterly deal team reviews, and credit workflow meetings, capturing key discussion points, credit decisions, and action items with accuracy and discretion
• Maintain detailed records of ongoing borrower, issuer, and portfolio developments, ensuring credit information is current, organized, and accessible to relevant stakeholders
• Create and manage IC ledgers, recording IC updates, investment targets, and position changes for both new credit investments and updates to existing holdings
• Build, maintain, and enhance cash flow projection models across credit facilities, developing portfolio level reporting that enables portfolio managers to sensitize returns and stress test positions
• Track current and projected exposure across all overflow funds to support portfolio management, including capital calls, distributions, and liquidity management
• Partner with the investment group, treasury, middle office, accounting, and compliance to ensure accurate and timely flow of credit portfolio information across the organization
• Provide ad hoc support to stakeholders as needed

• 3 to 7 years of experience within an investment group, middle office, or investment operations role at an asset manager, bank, CLO manager, or similar credit focused platform; open to a range of seniority levels
• Open to candidates from investment operations or middle office with no prior trading experience, as well as candidates on a trading desk looking to pivot into a more portfolio support oriented role
• Solid grasp of credit fundamentals such as spread analysis, yield to maturity, OID, PIK mechanics, leverage and coverage metrics, and covenant structures
• Strong understanding of credit instruments including bonds, term loans, revolving credit facilities, delayed draw facilities, mezzanine, pref, and structured credit products
• Experience building and maintaining cash flow models and projection tools in Excel, with the ability to sensitize returns across key credit assumptions
• Proven ability to synthesize and communicate portfolio information clearly across teams with varying levels of technical depth
• Advanced Excel required, including financial modeling, dynamic projection tools, pivot tables, and portfolio roll up reporting
• Bloomberg terminal proficiency preferred
• Exposure to Power BI, Tableau, or similar business intelligence tools is a plus
• PowerPoint and Word proficiency for IC materials, investment memos, and stakeholder reporting