Investment Associate

Organization
Tideline
Deadline for Applications
09/10/2015
Contact Information
http://tideline.applytojob.com/apply

Term: 2- 3 Month Contract, with possibility of extension

Type: Mid-Career

Location: New York, NY

Compensation: Commensurate with experience

Application deadline: August 20, 2015 (applications will be reviewed on a rolling basis)

Start date: September 14, 2015 (or sooner if available)

 

About Tideline:

Tideline is a consulting firm that provides tailored advice to institutions developing impact investment products and solutions. Our mission is to help clients excel in realizing financial and societal value. We believe in a shared, sustainable prosperity powered by market-based solutions. To that end, we offer strategic advice, market research and intelligence, investment program and product design, philanthropic and grant-making strategies, thought leadership and custom research, impact measurement and evaluation, and change management and capacity building. Tideline was recently founded and currently has operations in both San Francisco and New York City with a team of eight people, led by the firm’s partners: Christina Leijonhufvud, Ben Thornley, and Kim Wright-Violich.

 

About the position:

This is an ideal opportunity for an early to mid-career professional eager to apply their investment analytical and structuring experience and skills to a pivotal project in impact investing.  The assignment at hand is to work with a leading community development finance institution to develop and model a potential impact investment vehicle that it could ultimately market to third-party investors beyond its traditional funding base.  Project requirements would include analyzing a sample portfolio of (mainly debt) investments that could be included in a fund vehicle and creating a financial model that captures the portfolio level risk-return characteristics of that portfolio. In turn, the Associate will assist in creating a number of scenarios for the ultimate structure of the investment vehicle, including possibly a waterfall structure and/or credit-enhancement that would defray risk for certain classes of investors.

The assignment is anticipated to last 2 to 2 ½  months from mid-September through mid-to end November, with the possibility of follow-on work with Tideline’s growing pipeline of business.  The right person for the job would report to a Director and work closely with the Partners to execute the assignment. Candidates must be based in the New York City area.

 

Primary responsibilities include:

  • Deal- and portfolio-level financial analysis and related modeling.

  • Fund structuring including scenario creation and sensitivity analysis for both on and off balance strategies.

  • Powerpoint presentation production.

 

Qualifications:

The ideal candidate has a strong background in investment analysis, financial/fund structuring (particularly, fixed income or mezzanine debt), writes well, has an entrepreneurial, and collaborative disposition. Tideline is a fast-growing firm working with some of the most important institutions in impact investing and delivering work of the highest quality. Every member of the team embodies our firm’s values: excellence, commitment, and openness. The small team is fun, too, and often feels like an extended family for each of its members.

Desired skills and experiences include:

  • Bachelor’s degree required, MBA preferred or equivalent experience.

  • At least 5 to 8 years of relevant work experience in mezzanine investments or debt/credit banking experience from a bulge bracket investment bank, special situations unit, private equity fund, or hedge fund.

  • Understanding various forms of debt investments across the capital structure; mostly in senior loans and mezzanine investments, high yield credits, distressed debts, CBs, pre IPO (loan + warrants) financing.  Private equity experience a plus.

  • Excellent quantitative and analytical skills including financial statement analysis, financial modeling and valuation skills.

  • Meticulous, committed, team player and able to work under pressure.

  • Ability to manage multiple tasks with high attention to detail and organization both individually and as part of a team.

  • Knowledge of impact investing, finance, and/or philanthropy preferred.

  • Successful candidates will possess exceptional critical thinking and interpersonal skills.

  • Highest professional and ethical standards.

  • Demonstrated ability to exercise initiative, business curiosity, sound judgment and discretion.

  • Proficiency working with Microsoft Office applications.

  • Strong interpersonal skills and exceptional communication skills (oral and written).

  • Based in the New York City area, with ability to coordinate work across different time zones.

  • Sense of humor and self-awareness.