We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Position Overview
StepStone Group is currently seeking a candidate with excellent quantitative, qualitative and interpersonal skills for a VP/Director position within our Private Debt team in New York. The VP/Director will work in a collaborative team environment, reviewing private debt investment opportunities and conducting due diligence on Co-Investments.
The VP/Director will have the opportunity to develop and articulate investment findings and contribute to recommendations presented by the investment team to the Firm’s Investment Committee. StepStone prides itself on its collegial atmosphere, encouraging team-building initiatives and a collaborative approach to accomplishing projects.
The VP/Director will engage with colleagues at all levels of the Firm, from Partners to peers, and will have the opportunity to interact with many of the leading fund managers in the private credit industry. This role requires adherence to the highest ethical standards, along with demonstrated maturity, reliability and strong attention to detail.
Essential Job Functions
- Write Investment Memorandums in line with StepStone standards
- Monitor the performance of the Firm's existing investment portfolio and underlying portfolio companies
- Use creativity to source and analyze data and to test hypotheses regarding attractiveness of specific sectors and investment opportunities
- Drive the sourcing and manage the flow of co-investment opportunities; with support from Partners.
- Lead the due diligence on investment opportunities that pass the initial review stage
- Construct an argument around an opinion and efficiently communicate that argument both verbally and in written materials; be able to defend position in a team environment, including Investment Committee meetings
- Perform market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across a variety of industry sectors
Qualifications
- BA/BS in Business, Finance, Economics or Accounting, or equivalent relevant experience
- Demonstrated track record of academic and professional success
- Proven ability to represent firm in written and interpersonal communications
- Strong, demonstrable analytical capabilities, including strong quantitative/modeling skills
- Leadership experience
- High proficiency in Word, Power Point and Excel
- Developed investment judgment with demonstrable understanding of risk/reward tradeoffs
- Flexibility—StepStone is a young and entrepreneurial organization; all professionals are expected to perform multiple functions as the firm continues to grow and develop
- The ideal candidate will have 2-4 years of investment banking experience plus an additional 4+ years with Private Debt GPs
Required Knowledge, Skills, and Abilities
- Promote and demonstrate a positive, team-oriented attitude
- Applied experience in valuation and investment analysis, in both credit and equity
- CFA certificate a plus, but not required
Salary Range: 190,000 - $210,000
The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.
At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
Candidates must be at least 18 years old to apply.
Developing People at StepStone
StepStone Group New York, New York, USA Office
450 Lexington Avenue, 31st, New York, NY, United States, 10017
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