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Prospect Capital
Investment Professional - Specialty FinanceProspect Capital • New York, NY, US
Investment Professional - Specialty Finance

Investment Professional - Specialty Finance

Prospect Capital • New York, NY, US
30+ days ago
Job type
  • Full-time
Job description

Investment Professional Specialty Finance

Prospect Capital is seeking a professional to join its Specialty Finance Group. This individual will focus on a broad mandate of debt and equity investment opportunities in the specialty finance sector including:

  • Consumer Finance - consumer lending, secured / unsecured installment loans, and auto loans
  • Commercial Finance - small business lending, merchant cash advance, factoring, and asset-based lending
  • Leasing

In this role, you will:

  • Gain exposure to a wide variety of specialty finance asset classes/alternative investments and contribute to the ongoing management of these investments.
  • Participate in and grow into leading all aspects of the investment process, including idea generation, origination, evaluation, underwriting, negotiating, closing, and exiting
  • Conduct fundamental analysis of private credit and private equity investment opportunities across a wide range of industries and situations
  • Monitor and manage portfolio investments
  • Work in small deal teams directly with senior management, with an ability to have an outsized impact on the success of each investment and the firm overall

Desired Skills and Experience:

  • Experience in the consumer finance space, in particular with consumer lenders (e.g. installment lenders, buy now pay later BNPL, and subprime / high APR lenders)
  • Experience with small business lenders (e.g. merchant cash advance MCAs)
  • Demonstrated track record of excellence in academic, professional, and personal endeavors
  • Relevant prior experience in private equity, investment banking, credit, management consulting, or other highly analytical and demanding roles
  • Ownership mentality and strong organizational skills, as incoming investment professionals are responsible for managing and coordinating nearly all aspects of the investment process
  • Strong verbal and written skills investment professionals are expected to interact every day with financial sponsors, company management teams and senior management

The anticipated annual base salary range for this position is $100,000 - $300,000 plus annual discretionary performance-based bonus. Actual pay may be adjusted based on experience and performance.

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Investment Professional - Specialty Finance • New York, NY, US

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