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Associate, ABS / Specialty Finance

Salary
From $130K
Hiring from
United States
Work type
Hybrid
Posted

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Group 1001is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.


Why This Role Matters:


The Investment Management division of Group 1001 manages over $80 billion in assets. Based in Waltham, Massachusetts and New York City, the team invests across public and private markets, with a focus on investment-grade and high-yield corporate credit, real estate, structured products, and other alternative strategies.


The Associate position is located in our NY office and will be dedicated to specializing in ABS / Specialty Finance. There are opportunities for growth and additional responsibility as the person in the position develops their skill and knowledge. The role will work day-to-day with a small group within the larger investment team. The team is diverse with a positive culture and offers work/life balance. If you like a strong team dynamic and have a sense of entrepreneurialism, this is a great opportunity for you!


What You'll Do:


  • Evaluate ABS / Specialty Finance opportunities in both public and private markets
  • Contribute to all phases of the investment process: idea generation, credit analysis and underwriting, transaction structuring, trade execution, and surveillance
  • Assist in deal term negotiations, review transaction materials and perform analysis
  • Construct and model bespoke, securitized structures for consumer and esoteric assets
  • Interface with bank sales and trading teams; build and develop relationships; manage incoming deal flow and forward investment pipeline
  • Identify new investment ideas and opportunities
  • Support ad-hoc projects as needed

We are looking for:


  • 3-5 years of relevant experience in an investment management firm, investment bank, rating agency, accounting firm, or consulting firm.
  • Experience in one or more asset classes: ABS, asset backed lending, specialty finance
  • Self-starter capable of independently executing on existing strategy who takes accountability for his/her work product
  • Strong team player with a collaborative mindset.
  • Solid technical capabilities with financial modeling and cash flow analysis experience
  • Proficient in Microsoft Excel, Power Point, Word, Intex, and other financial tools.
  • Attention to detail and ability to multi-task and meet tight deal/project deadlines
  • High personal and ethical standards

Compensation: 

Our compensation reflects the cost of labor across several U.S. geographic markets. The base pay for this position ranges from $130,000/year in our lowest geographic market up to $150,000/year plus bonus in our highest geographic market. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.

Benefits Highlights:

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

About Us

Grow Your Career at Group 1001 Insurance

We are a company that aims to shape the world around us. We don’t simply talk about change, we create it – empowering people and communities through sports, education, innovation, and access to financial products and services.

Group 1001 Insurance is an integrated, technology-driven financial services and insurance group that combines product innovation with digital accessibility. With annuity products and insurance that create and protect a strong future for all, we help individuals and businesses thrive. Through our education and sports partnerships, we empower communities.

Because when we invest in growth for all, we invest in a better world.

If you’re ready to make an impact and help us build a better future, you’re in the right place!

Group 1001 Insurance Benefits

Employees are our number one asset. We provide a comprehensive benefits package that goes beyond the basics to support employees through many of life’s personal and professional milestones.

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