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• Associate – CLO Apply Find out More
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Associate – CLO
About Saratoga Investment Corp.’s CLO Platform:
Saratoga Investment Corp. (“Saratoga”) is a publicly traded Business Development Company (NYSE: SAR) that manages multiple CLO funds.  Saratoga is focused on the private credit markets across various strategies with over $2B in AUM in direct lending, broadly syndicated loans, structured credit, and equity.  Saratoga prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Saratoga’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality income and capital preservation irrespective of business or economic cycles.   The principals of Saratoga collective own more than 13% of equity Saratoga Investment Corp., the core team of senior investment professionals have been together for almost fifteen years, and the platform has a strong track record developing and promoting its junior investment team internally.  
The Saratoga US CLO team specifically manages over $1B of AUM across multiple CLO funds and is an active investor in the CLO equity and mezzanine asset class.  The Saratoga CLO has been recognized by both its peers and investors with various awards.  In 2021, Creditflux named Saratoga the Best Boutique US CLO Manager and a top four Boutique US CLO Manager multiple times over the last five years.  The team has been in the CLO market as an investor and manager for over twenty years.  
Saratoga is headquartered in New York and the Saratoga CLO team maintains strategic relationships in New York City, Northern Virginia, and South Florida.  
Position Description
Associate –  CLO Portfolio Management
Saratoga is searching for candidates to join its investment team with a role underwriting and managing investments in syndicated loan transactions. The candidate will work as part of a team underwriting investment opportunities for various Saratoga funds as well as managing existing portfolio investments.  This individual will be responsible with taking a leading role in underwriting and presenting potential investments in syndicated loan transactions, while managing a portfolio credit investments.
Job Responsibilities
• Lead underwriting process on new loan transactions, including preparation of investment committee memos and present potential transactions to investment committee.
• Analyze potential investment opportunities via review of offering materials, industry research, financial statement analysis and modeling, etc.
• Interface with investment bankers, private equity firms, third-party due diligence providers, external research resources, and other lending professionals as part of the underwriting and due diligence process.
• Conduct review of legal terms and documentation on individual transactions.
• Manage portfolio of syndicated loan investments, including performing ongoing due diligence and monitoring of portfolio companies and communicating updates and developments to investment committee.
• Prepare memos summarizing amendment transactions for portfolio deals.
• Develop a focus on specific industries within portfolio and follow news, trends, and research in respective industries.
Qualifications
• 2-5 years of relevant finance experience in one of the following areas:
          -Principal investing (e.g., private credit, high yield, private equity, etc.) role
          –Leveraged finance, investment banking, or corporate banking
          –Credit/equity research
          -Strategy consulting (e.g., conducting private equity due diligence)
          –Accountant at a nationally recognized accounting firm
• Bachelor’s degree with a strong academic record from a top-tier undergraduate university.
• Extensive knowledge of and experience with Microsoft Office products (especially Excel).
• Strong written and oral communication skills, as the candidate will be expected to prepare internal investment materials and present to investment committee.
• Team player that enjoys working in a fast-paced, collegial environment.
• Strong finance and accounting knowledge, as the candidate will need to build financial models, analyze financial statements, and have a firm grasp on cash flow dynamics.
• High level of intellectual curiosity.
• Ability to multi-task while working under tight deadlines.
Start Date
Immediate


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• Associate Apply Find out More
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Associate
Responsible for investment, portfolio management and valuation activities including but not limited to financial analysis, modeling, general due diligence, document assistance, transaction processing, operational reporting and support.
Key skills required include:
• Proficiency in financial modeling
• Excellent written and oral communication skills
• Ability to work in a team environment but also work independently without constant oversight
• Strong self-organization skills
• Superior analytical and problem-solving skills


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• Senior associate Apply Find out More
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Senior associate
Responsible for investment, portfolio management and valuation activities including but not limited to financial analysis, modeling, general due diligence, document assistance, transaction processing, operational reporting and support. Experience level should be such that the successful individual can be highly productive with less oversight. They will be able to demonstrate initiative, take ownership, see projects through to completion, prioritize activities, anticipate problems and propose thoughtful solutions
Key skills required include:
• Proficiency in financial modeling
• Excellent written and oral communication skills
• Ability to work in a team environment but also work independently without constant oversight
• Strong self-organization skills
• Superior analytical and problem-solving skills


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• Vice President Apply Find out More
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Vice President
The VP role has similar responsibilities to the Senior Associate role, and in addition will be expected to take on more supervisory responsibilities, including leading and mentoring junior professionals. Their investment responsibilities will include planning and oversight of the due diligence process, assisting with transaction structuring, document negotiation, and communication with sponsors, management teams and other third parties. They will also be expected to apply more deal judgment in helping the firm reach investment decisions.   
Key skills in addition to Associate Skills:
• Strong interpersonal skills to lead people and effectively communicate with third parties
• Highly collaborative nature to effectively work with both senior management and junior professionals to achieve desired results
• Exceptional organizational skills
• Rational thinker


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