Description
About Sixth Street Asset Based Finance
Sixth Street, a leading global investment firm dedicated to developing innovative investment strategies and fostering growth across various stages of business, is seeking an Associate for its market leading Asset Based Finance team. The Sixth Street Asset Based Finance group is at the forefront of asset/platform investing and origination, working across diverse financial markets, including residential and commercial mortgages, consumer assets, commercial equipment, renewables and energy finance, infrastructure debt and transportation. The Asset Based Finance team is a critical strategic capital partner and investor to companies and management teams and a solutions provider at scale.
The Role
This is a full-time Investing Associate role based in New York. As an Associate on the Asset Based Finance team, you will be responsible for analyzing, underwriting, and executing structured finance transactions across asset classes.
Core Responsibilities
- Conduct due diligence on investment opportunities, including in-depth analysis on portfolios of assets, asset-based lending opportunities, structured debt, specialty finance companies, and financial institutions; work with and manage third-party diligence providers to facilitate the review and closing of transactions
- Analyze and underwrite potential investments by reviewing historical performance data (e.g., prepayment, default, and recovery data, as well as other key information depending on the transaction), developing cash flow projection models, and performing investment analyses; model underlying asset cash flows across asset classes and create sensitivity and comparable analyses to assess the relative risk and value of potential investments
- Assist in preparing investment committee memos, diligence memos, and other investment analyses
- Accountability – ensure the quality, completeness, and accuracy of analyses and other deliverables associated with investment decisions
- Ability to assess non-economic, legal documentation risks and review and comment on transaction documentation (term sheets, purchase and servicing agreements, credit agreements, etc.)
- Monitor positions on an ongoing basis and perform quarterly valuations of investments
- Interface and negotiate with external counterparties
What We Value
- Highly self-motivated, entrepreneurial, and team-oriented candidates with strong modeling skills
- Commercial and Results Orientation
- Team orientation and influencing skills
- High Trust and Integrity
- Strategic / Entrepreneurial Mindset
- Strong combination of organizational and interpersonal/communication skills
- Prior buyside experience or securitization investment banking (with a focus on whole loan trading or warehouse lending) experience is strongly preferred
Preferred
- 2-4 years of Finance or Investment Banking experience within a Structured Finance or Financial Institutions focused group or similar buyside experience
- Experience underwriting, structuring, and reviewing consumer, residential, and commercial whole loan pools, asset-backed securitizations, and private asset-backed credit facilities
- Superior valuation, modeling, and Excel skills evaluating financial assets
- Strong accounting, finance, modeling, and problem-solving skills
- Keen interest in the financial markets and good commercial instincts
- Ability to multi-task and maintain composure in a high-volume environment
- Strong sense of urgency; ability to execute quickly and efficiently with attention to detail
- Strong verbal and written communication skills and ability to interact and collaborate with internal and external stakeholders
- Comfortable working in a high growth, iterative environment
- Intex, VBA, Collateral Analysis System (CAS), and Snowflake/SQL proficiency is preferred but not mandatory
Compensation
The base salary for this position is expected to be between $150,000 and $200,000. The base salary offered to the selected candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by Sixth Street in its sole discretion.
In addition to base salary, this position is eligible for an annual discretionary bonus and a competitive benefits package. Benefits offered currently include health, life, long-term and short-term disability insurance and a 401(k) plan. In addition, this role is eligible for paid public holidays (NYSE calendar), paid sick days pursuant to local laws, and additional reasonable time off subject to manager approval.
If a job offer is extended for a location other than New York, the salary range may differ based on the location.
About Sixth Street
Founded in 2009, Sixth Street is a leading global investment firm dedicated to developing themes and offering solutions to companies across all stages of growth.
Our firm is designed for cross-platform collaboration at scale: we build businesses, invest for growth, acquire assets, provide direct financing, identify value in public markets, purchase royalty streams, and regularly develop first-of-their-kind structures to meet the strategic objectives of management teams.
We do all this globally and as one unified team of investment and control-side professionals working on behalf of our institutional investors and their beneficiaries around the world.
We believe adhering to our core values is a competitive advantage. Everyone on our team contributes their perspectives and expertise to help us solve complex challenges and get to the right answer. At Sixth Street, the best idea wins.
For more information, visit the Sixth Street Careers site or follow us on LinkedIn.
Sixth Street is proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran or military status, disability, genetic predisposition, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws.
Pursuant to the San Francisco Fair Chance Ordinance, Sixth Street will consider for employment qualified applicants with arrest and conviction records.
If you need a reasonable accommodation to fill out this application, please contact Cindy Bombara.
Please refer to the privacy notice on our website for additional information regarding our obligations under the California Consumer Privacy Act (“CCPA”).
If you are not eligible for this role, please refer to our Careers Page for other opportunities.
Similar jobs
Est. 117,500 USD
About Sixth Street Asset Based Finance Sixth Street, a leading global investment firm dedicated to developing innovative investment strategies and fostering growth across various stages of business, is seeking an Analyst…
Est. 182,500 USD
About Sixth Street Asset Based Finance Sixth Street, a leading global investment firm dedicated to developing innovative investment strategies and fostering growth across various stages of business, is seeking a transact…
Est. 225,000 USD
About Sixth Street Asset Based Finance Sixth Street, a leading global investment firm dedicated to developing innovative investment strategies and fostering growth across various stages of business, is seeking a transact…
Est. 150,000 USD
The Role As an Operations Associate, you will be a part of the Sixth Street Global Operations Team that is responsible for investment execution, counterparty management, pipeline and other cash management functions, proj…
Est. 250,000 USD
The Role This is a full-time role based in New York, focused on managing the day-to-day legal aspects of new investments by Sixth Street. This person will be a part of the Legal team, working closely with Investing and C…
Est. 237,500 USD
The Role This is a full-time role based in New York. As Tax Counsel – Asset Based Finance, you will be a part of the global Tax Team, leading the tax and structuring workstreams for Asset Based Finance (ABF) transactions…
Est. 135,000 USD
About The U.S. Real Estate Asset Management Team The U.S. Real Estate Asset Management team’s purpose is to maximize the value of the U.S. Real Estate portfolio through hands on asset management and to provide detailed,…
Est. 200,000 USD
About Fundamental Strategies Our Fundamental Strategies platform at Sixth Street is an opportunistic investment strategy primarily focused on stressed and distressed credit and other special situations in the public mark…
Est. 187,500 USD
The Role Sixth Street’s Compliance team partners with all aspects of Sixth Street to build and maintain a best-in-class compliance program that addresses applicable regulatory requirements and industry best practices. Th…
Est. 110,000 USD
The Role The position is part of a dedicated team of professionals responsible for all facets of the fund accounting, corporate finance, financial reporting and investor relations functions for two Business Development C…
Est. 110,000 USD
The Role The position is part of a dedicated team of professionals responsible for all facets of the fund accounting, corporate finance, financial reporting and investor relations functions for two Business Development C…
Est. 85,000 USD
The Role This is a full-time role based in Dallas, Texas. Sixth Street has an immediate opening for a bright, hard-working Analyst or Senior Analyst to join our Portfolio Accounting team in Dallas. The Portfolio Accounti…
Est. 144,000 USD
The Role This is a full-time role based in Austin, TX as part of Sixth Street's growing technology team. We are building and evolving a cloud‑native platform that enables teams across the firm to build, ship, and operate…
Est. 105,000 USD
The Role The Analyst/Senior Analyst (Paralegal) will join our Entity Management team who oversee the full lifecycle of Sixth Street’s internal global entities. This cross-functional role requires close collaboration with…
Est. 125,000 USD
The Role Sixth Street is looking for a Cloud Infrastructure Engineer to join our Cloud Infrastructure Team in Dallas, TX. We have an established cloud environment spanning Amazon Web Services (AWS), Google Cloud Platform…
Est. 110,000 USD
The Role This is a full-time role based in Dallas, Texas. Sixth Street has an immediate opening for a bright, hard-working individual to join our team as a Fund Accounting lead to support several of our investment funds…
Est. 120,000 USD
The Role As a Tax Manager, you will be a member of Sixth Street’s Tax Compliance and Reporting Team, which is responsible for global tax compliance and reporting obligations across Sixth Street funds and business, based…
Est. 80,000 GBP
About Sixth Street Insurance Sixth Street Insurance focuses on strategic partnerships, corporate acquisitions, reinsurance, and other balance sheet bolstering transactions across the global insurance sector. Sixth Street…
Est. 132,500 USD
Do you want to work with high-caliber professionals in a dynamic and growing company? Are you entrepreneurial, hard-working, and collegial? Join us at SB Energy, a leading infrastructure company backed by SoftBank Group…
Est. 137,500 USD
Company Overview Berkshire Residential Investments is a people-first real estate investment company who values not only the impact we make as a company, but the time we spend together in our high-performing teams. We val…
Est. 120,000 USD
Position: Investment Banking Associate Location: San Francisco, CA (Hybrid, 3 days in office) Company Overview:Financial Technology Partners (FT Partners) is a premier investment banking firm dedicated exclusively to the…
Est. 100,000 USD
Octane is unlocking the power of financial products for merchants and consumers. Our cutting-edge technology and innovative financial products empower businesses with more control and flexibility, enabling them to delive…
Est. 175,000 USD
Who We Are Cross River builds the infrastructure behind the world’s most innovative financial products. Our technology and capital solutions power payments, cards, lending, and digital asset capabilities that move money…
Est. 90,000 USD
Are you looking for an opportunity to work on a highly collaborative team where partnership drives performance? Berkadia’s investment sales platform offers the highest-quality deal marketing resources, technology that ma…
Est. 125,000 USD
About Clear Street: Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets. We started…
Est. 162,500 USD
Company Overview Soros Fund Management LLC (SFM) is a global asset manager and family office founded by George Soros in 1973. With $28 billion in assets under management (AUM), SFM serves as the principal asset manager f…
Est. 110,000 USD
2027 January Analyst, Investment Banking (SF) Position: Financial Technology Partners is seeking Full-Time Investment Banking Analysts to begin in January 2027 in San Francisco. Firm Overview Financial Technology Partner…
Est. 85,000 USD
About the Position We are looking for skilled analysts to join our Finance group. Our team, like the rest of Jane Street, are critical thinkers and problem solvers. We are ultimately responsible for managing the capital…
Est. 80,000 USD
Credit Analyst [NY]: Perfect time to join our growing Team! In this role, you'll support the origination and portfolio management of commercial loans. The position offers the chance to deepen your knowledge and advance y…
Est. 85,000 USD
2027 July Analyst, Strategic Insights (SF) Position: Financial Technology Partners is seeking Full-Time Strategic Insights Analysts to begin in July 2027 in San Francisco. Firm Overview Financial Technology Partners is o…