Managing Director, Credit, Capital Markets page is loaded Managing Director, Credit, Capital Markets Apply locations Toronto, Canada time type Full time posted on Posted 3 Days Ago job requisition id 6345 Managing Director, Private Credit - Capital Markets
We are seeking a Managing Director to be a senior member of the North American Private Credit business, driving the strategy and business development of the team. They will be responsible for origination, structuring, underwriting and leading corporate credit investments across the capital structure. They will be accountable for continuing to build and manage a broader credit portfolio and provide leadership to the team on a day-to-day basis.
Who you'll work with
The Managing Director will report to the Global Head of Private Credit (based in London) and lead a team of 7 credit professionals based in Toronto. The broader global credit team consists of 40 professionals across London and Toronto. The incumbent will leverage OTPP's internal and external networks to assess opportunities across North America.
What you'll do
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Drive investment activity in North America across a broad range of credit opportunities
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Filter and evaluate best relative value and risk adjusted returns across a broad range of investment opportunities across the capital structure and across public and private markets
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Deliver and oversee: i) idea generation/origination, ii) investment / due diligence, iii) negotiate legal documentation, iv) fundamental credit underwriting, v) portfolio management
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Develop strategic direction and footprint of the private credit business in North America
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Build relationships with banks, sponsors, advisors, etc to establish a broad origination funnel across single name credit opportunities
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Build effective partnerships across the fund and the Capital Markets department
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Support the activities of the team for the portfolio to achieve significant returns over and above our credit benchmarks (High Yield and Leveraged Loans), while managing to a similar risk, thus producing superior risk adjusted returns
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Provide leadership and management of the private credit team, which currently consists of 2 senior and 5 junior staff.
What you'll need
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12+ years of experience, with focus on fundamental credit investing
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Proven risk-taking track record
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Experience applying and overseeing the application of a range of credit strategies to build and manage a diversified portfolio producing superior long term absolute and risk adjusted returns
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Deep understanding of the complexity and sophistication of the competitive landscape in credit markets.
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Extensive knowledge of originating and structuring credit investments
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University Degree or Equivalent in Finance or related field
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Experience with managing junior talent
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What we're offering
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Pay-for-performance environment that offers competitive salary and incentive
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Numerous opportunities for professional growth and development
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Comprehensive employer paid benefits coverage
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Retirement income through a defined benefit pension plan
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The opportunity to invest back into the fund through our Deferred Incentive Program
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A flexible/hybrid work environment combining in office collaboration and remote working
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Competitive time off
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Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year
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Employee discount programs including Edvantage and Perkopolis
At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.
How to apply
Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.
Accommodations are available upon request () for candidates with a disability taking part in the recruitment process and once hired.
Candidates must be legally entitled to work in the country where this role is located.
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Functional Areas:
Investments
Requisition ID:
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