Asset Based Finance Platform Associate

Job Description

About Sixth Street Asset Based Finance Sixth Street, a leading global investment firm dedicated to developing innovative investment strategies and fostering growth across various stages of business, is seeking an Associate for its market leading Asset Based Finance team.

The Sixth Street Asset Based Finance group is at the forefront of asset/platform investing and origination, working across diverse financial markets, including residential and commercial mortgages, consumer assets, commercial equipment, renewables and energy finance, infrastructure debt and transportation.

The Asset Based Finance team is a critical strategic capital partner and investor to companies and management teams and a solutions provider at scale.

The Role

• This is a full-time Investing Associate role based in New York. As an Associate on the Asset Based Finance team, you will have responsibility for analyzing, underwriting and executing corporate finance transactions across industries. The Asset Based Finance group is at the forefront of FIG private equity investing, working across industries, geographies, and capital structures. Core Responsibilities Conducting due diligence on investment opportunities, including in-depth analysis on specialty finance companies and financial institutions (detailed valuation and financial modeling, sensitivity analysis, DCF analysis, comparables analysis, etc.)
• Preparing and presenting due diligence materials, screening, and investment committee memos
• Ongoing monitoring of portfolio companies and quarterly valuation of investments
• Interfacing and negotiating with external counterparties What We Value Highly motivated, entrepreneurial, and team-oriented candidates with strong financial modeling skills
• Commercial and Results Orientation Team orientation and influencing skills High Trust and Integrity Strategic / Entrepreneurial Mindset Strong combination of organizational and interpersonal/communication skills Preferred Finance or Investment Banking experience within a Financial Institutions focused group (1-4 years of experience)
• Superior valuation, modeling, and Excel skills evaluating financial assets
• Highly motivated, entrepreneurial, and team-oriented candidates with strong accounting, finance, modeling, and problem solving skills
• Strong combination of organizational and interpersonal/communication skills
• Keen interest in the financial markets and good commercial instincts Compensation The base salary for this position is expected to be between $150,000 and $200,000. The base salary offered to the selected candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by Sixth Street in its sole discretion. In addition to base salary, this position is eligible for an annual discretionary bonus and a competitive benefits package. Benefits offered currently include health, life, long-term and short-term disability insurance and a 401(k) plan. In addition, this role is eligible for paid public holidays (NYSE calendar), paid sick days pursuant to local laws, and additional reasonable time off subject to manager approval. If a job offer is extended for a location other than New York, the salary range may differ based on the location. About Sixth Street Founded in 2009, Sixth Street is a leading global investment firm dedicated to developing themes and offering solutions to companies across all stages of growth. Our firm is designed for cross-platform collaboration at scale: we build businesses, invest for growth, acquire assets, provide direct financing, identify value in public markets, purchase royalty streams, and regularly develop first-of-their-kind structures to meet the strategic objectives of management teams. We do all this globally and as one unified team of investment and control-side professionals working on behalf of our institutional investors and their beneficiaries around the world. We believe adhering to our core values is a competitive advantage. Everyone on our team contributes their perspectives and expertise to help us solve complex challenges and get to the right answer. At Sixth Street, the best idea wins. For more information, visit the Sixth Street Careers site or follow us on LinkedIn. Sixth Street is proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran or military status, disability, genetic predisposition, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. Pursuant to the San Francisco Fair Chance Ordinance, Sixth Street will consider for employment qualified applicants with arrest and conviction records. If you need a reasonable accommodation to fill out this application, please contact Cindy Bombara. Please refer to the privacy notice on our website for additional information regarding our obligations under the California Consumer Privacy Act (“CCPA”). If you are not eligible for this role, please refer to our Careers Page for other opportunities. Founded in 2009, Sixth Street is a global, multi-strategy private capital investment firm. We are dynamic by design, pairing the flexibility of our long-term capital with a focus on identifying the best relative risk-reward in any asset class, any industry, around the globe. With more than 750 team members across 14 offices worldwide, Sixth Street is built as One Team for one purpose: to deliver investing excellence for our capital partners, companies and management teams. We are disciplined investors focused on capital preservation and compounding returns across market cycles, and we partner with leading founders and management teams to help realize their boldest ambitions. For more information, visit www.SixthStreet.com or follow us on LinkedIn.