AVP, Private Credit Analyst
Voya Financial
Together we fight for everyone’s opportunity for a better financial future.
We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.
Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.
Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage – Apply Now
Get to Know the Opportunity
To furnish the client portfolios with selected assets through analysis and execution of private placement offerings of corporate debt securities. Support existing senior staff and portfolio managers and monitor existing private credit assets.
The Contributions You Will Make
Underwriting and Execution – Private Debt Transactions
- Analyze credit/investment characteristics of borrowing entities by reviewing offering materials, pursuing independent research & analysis, and engaging with management teams and their agents.
- Independently form and justify a view on transaction credit quality and assign internal ratings.
- Collaborate with internal legal team to evaluate and negotiate key transaction terms.
- Assess pricing and relative value as part of an overall investment recommendation.
- Prepare and present investment memoranda and other supporting materials.
- Present conclusions and recommendations to senior leadership and to relevant committees.
- Perform further due diligence through conversations with company management and on-site visits of company’s facilities, where appropriate.
Portfolio Monitoring
- Monitor credit quality of a portfolio of private credit assets, including ongoing financial performance and compliance with debt covenants.
- Maintain communication with borrowers to maintain real time understanding of their business performance and outlook, and to foster relationships for further growth where desired.
- Organize and maintain records on assigned private credit portfolio, including deal files, updating Voya’s credit monitoring application, and writing periodic summaries of credit performance.
- Maintain internal ratings on each investment, making and documenting change recommendations in conjunction with senior staff.
- Review amendments and waiver requests in collaboration with internal legal team and make recommendations to senior staff.
General Responsibilities
- Ad hoc requests, including assisting with client questions, portfolio management team needs, and administrative items related to the portfolio.
- Adhere to Voya IM and Departmental policies.
Minimum Knowledge and Experience
- Minimum of a Bachelor’s degree.
- CFA Designation (or pursuit thereof) or equivalent preferred.
- Minimum of 6 years’ corporate credit experience; exposure to private or public bond markets preferred but not essential.
- Excellent credit skills, inclusive of ability to assess the quality and expected future performance of corporate credits and infrastructure projects.
- Familiarity and experience with loan documents and covenant packages.
- Advanced understanding of Excel and strong modeling capabilities.
- Excellent written and oral presentation skills.
- Solid foundation in accounting standards, and ability to navigate and analyze financial statements.
- Able to constructively engage with transaction counterparties and other stakeholders.
- Intellectual curiosity and desire to self-motivate while working in a fast-paced environment.
- Proven ability to make the most of available time while managing multiple workstreams.
- Team player attitude, and interest in supporting peers and colleagues to foster success for the whole.
#LI-BMS
Compensation Pay Disclosure:
Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.
The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.
Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
$115,000 to $130,000 USDBe Well. Stay Well.
Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.
What We Offer
- Health, dental, vision and life insurance plans
- 401(k) Savings plan – with generous company matching contributions (up to 6%)
- Voya Retirement Plan – employer paid cash balance retirement plan (4%)
- Tuition reimbursement up to $5,250/year
- Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
- Paid volunteer time — 40 hours per calendar year
Learn more about Voya benefits (download PDF)
Critical Skills
At Voya, we have identified the following critical skills which are key to success in our culture:
- Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
- Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
- Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
- Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
- Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.
Learn more about Critical Skills
Equal Employment Opportunity
Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.
Reasonable Accommodations
Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.