What are the responsibilities and job description for the VP - NGC Credit & Restructuring position at Nassau?
Job Summary
This role will support Nassau Global Credit’s research team and portfolio managers with investment workout and due diligence as well as portfolio management and other duties. This individual will support investments across leveraged loans and high yield bonds in NGC’s strategies: CLOs, total return and opportunistic credit. In addition to leading our active restructurings and managing watchlist credits, this individual will serve as a research analyst with sector coverage and maintain the ability to recommend investments across strategies. In this role, it is expected that you will assist with a wide variety of routine and non-routine duties related to investment research and management.
Nassau Global Credit (“NGC”) is an institutional credit manager focused on tradable markets with a bottom- up fundamental approach to investing, leveraging our industry expertise and active portfolio management. NGC is headquartered in New York, with offices in Connecticut and London, and manages $7bn across securitized, total return, and opportunistic credit. NGC is a subsidiary Nassau Asset Management and the larger Nassau Financial Group (“NFG”). Nassau Financial Group is a growth-focused financial services company with insurance and asset management businesses that was founded in 2015 with $25bn in assets under management.
This role is based in New York City with four or more days in the office.
Principal Duties and Responsibilities
- Assist in investment workout and research due diligence efforts ranging from:
- Developing and executing strategies to navigate active restructurings and support control equity positions that maximize returns
- Engaging and communicating with third-party stakeholders ranging from banks, law firms and other advisors as well as credit investors, equity sponsors and management teams
- Identify, evaluate and provide recommendations on investment opportunities, including both new issues and existing portfolio holdings
- Managing internal communication to global investment committees and other constituents at Nassau Global Credit including drafting of presentations and other documents
- Monitor portfolio of at-risk (watch list) credits and aid research team with overall management of portfolio; responsibilities include:
- Monitoring news and other relevant market information daily and updating portfolio managers, research teams and other constituencies
- Managing at-risk position recommendations based on market conditions and other factors
- Supporting multiple strategies across both levered and unlevered investment vehicles
- Aid in internal reporting and administration such as:
- Preparing reports and analytics on holdings for Nassau Financial Group
- Assisting operations and compliance teams with reporting and other tasks
- Perform other duties as assigned
Knowledge, Skills and Abilities
Qualifications:
- 7 years of experience in liquid below investment grade corporate credit, with direct experience in loan workouts and restructurings, including chapter 11 bankruptcy
- Bachelor’s degree in related field
- Demonstrated aptitude for credit research and related functions as well as experience reviewing and analyzing related legal documents
- Self-motivated and driven leader with the ability to work effectively in a dynamic environment
- Strong written and verbal communication skills
- Ability to form and summarize complex ideas
- Proven track record of partnership and teamwork
- Periodic travel will be required
Personal Qualities:
- Strong work ethic and time management skills
- Desire for learning and self‐development
- Honest, straightforward and professional with ability to give and receive constructive feedback
- Entrepreneurial, curious and proactive with high degree of ownership and pride of authorship
Compensation
Nassau maintains a holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities. The combination of compensation, benefits, and an entrepreneurial culture along with related experiences is key to recruiting and retaining talent. Our compensation system is designed to reward performance, support development and job growth, and compensate individuals relative to their contribution to our organization. The base salary for this position falls within the range of $180,000-$210,000 depending upon experience.
Visit our Careers page and apply online at http://www.nfg.com/.
Based in Hartford, Connecticut, Nassau Financial Group is a growth focused and digitally enabled financial services company with a fully integrated platform across insurance and asset management. Nassau was founded in 2015 and has grown to $1.6 billion in total adjusted capital, $25.6 billion in assets under management, and 361,000 policies and contracts as of September 30, 2025.
As part of a young and growing financial services enterprise, our employees are tapping into a new entrepreneurial spirit while they build on a long track record of putting customers first, understanding the evolving income and protection needs, and developing quality products to meet those needs.
Nassau provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Salary : $180,000 - $210,000