What is Benefits Street Partners responsible for?

Benefit Street Partners (BSP) is owned by Franklin Templeton, a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world.

Benefit Street Partners operates independently as a Specialist Investment Manager and is a leading credit-focused alternative asset management firm. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. These complementary strategies leverage the proprietary sourcing, analytical, operational and compliance capabilities that encompass BSP’s robust institutional platform.

Visit www.benefitstreetpartners.com to learn more about our company and investment strategies. 

Benefit Street Partners, LLC seeks a Vice President, Private Debt in New York, NY.

What are the ongoing responsibilities of a Vice President, Private Debt?

​The Vice President, Private Debt supports the evaluation, structuring and negotiation of private debt transactions and monitors investments.

What ideal qualifications, skills & experience would help someone to be successful?

Requires a Bachelor’s degree in Finance, or related field or equivalent, and five (5) years of progressively responsible experience.

Prior experience must include the below of experience, skills and and/or tools.

Five (5) years of experience:

• Performing valuation analyses, including credit comparables and precedent transactions analysis to support investment underwriting;

• Preparing earnings summary updates outlining actual versus budgeted performance, including drivers for variance, profitability, leverage, liquidity, and material cash flow updates, to monitor the performance of investments;

• Constructing leveraged buyout models and three-statement financial operating models to assess the implications of financing structures and operating scenarios on leverage and debt pay-down;
  Assessing company financial statements to analyze historical performance, topline and margin trends, and key drivers;

• Conducting market research and due diligence to understand industry and macroeconomic risks;

• Identifying strengths, weaknesses, opportunities, and threats related to credit opportunities; and

• In executing these duties, utilizing virtual data rooms, Bloomberg, CapitalIQ, and EDGARS.

**Telecommuting and/or working from home may be permissible pursuant to company policies.**.

Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary—designed to support the whole person and to recognize their time, talents, and results. Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the salary for this position to range between $200,000 - $215,000 USD / year.

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