Position:

Junior Loan Trader

LOCATION:

Chicago, Illinois


Job Description:

First Eagle Alternative Credit (“FEAC”) is seeking a Junior Loan Trader for its Chicago office. The Loan Trader will be responsible for assisting the team with executing on all loan trading activity including cultivating and maintaining sell-side relationships and driving business growth.


Responsibilities:

  • Cultivate and maintain relationships between the sell-side and the FEAC investment team to facilitate and execute secondary activity

  • Collaborate with the portfolio manager and analysts to generate actionable investment ideas and provide timely, market related information to the investment team on an ongoing basis

  • Work closely with operations to ensure timely settlement of trades, communication regarding amendments, monitor cash balances, and confirm the accuracy of information in our internal systems

  • Leverage internal systems to provide internal trading data/analysis for marketing or other purposes


Required Skills & Experience:

  • Recently graduated in December 2021 or enrolled in an undergraduate degree program, graduating Summer 2022

  • An undergraduate degree in finance, math, business, engineering, economics, statistics

  • Outstanding academic achievement, leadership experience and peer recognition

  • Demonstrated leadership attributes in work, school or community

  • 1+ years of loan trading experience preferred

  • Formal credit training at a recognized institution is preferred

  • Strong organizational skills, ability to multi-task, and solution orientated

  • Excellent written and verbal communication skills

  • Ability to work collaboratively and professionally in a team environment

  • Objective, transparent, and forthcoming


ABOUT FIRST EAGLE ALTERNATIVE CREDIT:

First Eagle Alternative Credit (“FEAC”) is a leading manager of direct lending and tradable credit investment products, with approximately $21 billion of assets under management (as of March 31, 2022). FEAC advises a full range of public and private investment vehicles, including a business development company, interval fund, collateralized loan obligations (CLOs), separately managed accounts and comingled funds. FEAC is headquartered in Boston, with additional investment teams in Chicago, Dallas, Los Angeles and New York. Over the years, FEAC has developed deep and diverse national relationships that it leverages to maximize investment opportunities across its platforms. 

FEAC is the alternative capital platform of First Eagle Investments, an independent, privately owned investment management firm headquartered in New York City with $110 billion of assets under management (as of December 31, 2021). Throughout a heritage that dates to 1864, First Eagle has sought to generate attractive real returns for clients over the long term, a tradition that remains central to our mission today. First Eagle’s range of actively managed equity and equity-oriented, public and private credit, multi-asset and alternative strategies reflect our dedication to disciplined and unconventional thinking, a global perspective and the long-term alignment of interests.

First Eagle Alternative Credit is an Equal Employment Opportunity Employer. All qualified candidates will receive equal consideration for employment without regard to race, color, national origin, gender, age, religion, sexual orientation, marital status, mental or physical disability, or protected veteran status.