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Liberty Mutual Investments · 2 hours ago

Senior Analyst, Direct Lending - Liberty Mutual Investments

Boston, MA

Full-time

Onsite

Mid, Senior Level

3+ years exp

Liberty Mutual Investments is the investment firm for Liberty Mutual Group, specializing in fixed income, equity, and alternative strategies. The Senior Analyst will be responsible for the private credit investment process, including sourcing, underwriting, and monitoring private loans.

Asset ManagementInsuranceWealth Management

Responsibilities

Contribute as an integral member of the team to invest in private debt financings across the capital structure, with an emphasis on unitranche, first lien, and second lien loans

Support the investment process from start to finish, working closely with Team Leaders and Credit Research to conduct company and industry research, develop investment recommendations, and to manage loan positions post-closing of the initial investment

Contribute to the preparation of the investment committee memorandums (complete with financial projections) and support Team Leaders in the presentation of the team’s investment recommendations to internal investment committees

Assist Team Leaders in the evaluation, structuring, and negotiation of economic and legal terms at both the term sheet stage and during final documentation

Actively monitor the performance of existing investments and maintain relationships post-close with key investment participants, including the Borrower / Sponsor and Agent; provide detailed updates to team members during scheduled portfolio reviews and as needed on an ad-hoc basis

Collaborate cross-functionally with additional LMI teams including Legal, Finance, Accounting and Risk Management to execute transactions and manage the portfolio

Engage externally with other market participants (e.g. other direct lenders and buyside investors, bankers, advisers, and third-party consultants) as part of the overall investment process

Support relationship coverage with private equity firms across the lower, middle, and large market, as well as other deal sources to help meet the team’s origination targets

Qualification

Direct lending experienceUnderwriting credit investmentsCredit agreement documentationRisk evaluationInvestment recommendationsCommunicationTeam collaborationSelf-starter

Required

3+ years of experience, including a minimum of 1+ years in investing, preferably within the direct lending / private credit space

Previous experience in underwriting and monitoring credit investments

Proven ability to interact with, assess, and build relationships internally as well as externally, with Borrowers, Sponsors and other market participants

Previous experience with credit agreement documentation and/or other relevant legal documentation

Ability to identify company, industry, and market risks and opportunities, and to evaluate risk mitigation strategies

Excellent communication skills (written and verbal) with an ability to clearly articulate relevant key learnings and insights derived during the due diligence process

Self-starter with a willingness to be flexible and take on additional responsibilities depending on the needs of the business

Strong academic credentials and a demonstrated track record of successful work experience

Proven ability to work collaboratively in team environments