Vice President, Distressed Attorney

Octagon Credit Investors, LLC is a 30-year-old, $34 billion below-investment grade corporate credit investment adviser focused on leveraged loan, high yield bond and structured credit (CLO debt and equity) investments. Through fundamental credit analysis and active portfolio management, Octagon’s investment team identifies attractive relative value opportunities across below-investment grade asset classes, sectors, and issuers. Octagon’s investment philosophy and methodology encourage and rely upon dynamic internal communication to manage portfolio risk. Over its history, the firm has applied a disciplined, repeatable, and scalable approach in its effort to generate attractive risk-adjusted returns for its investors.Octagon is majority-owned by Conning, a leading global investment management firm with a long history of serving the insurance industry. Octagon’s investment expertise is complemented by Conning’s deep understanding of insurers’ portfolio requirements and constraints. Octagon and Conning are part of the Generali Investments platform, an ecosystem of asset management firms operating in more than 20 countries, offering distinctive strategies and expert insights to help investors achieve long-term performance. Generali Investments is the asset management arm of the Generali Group, one of the world's largest insurance and asset management groups.Octagon believes that providing a challenging and rewarding career, combined with a supportive work environment, incents employees to remain at the firm. Significant employee ownership and low employee turnover also underscore our culture of partnership, teamwork, and dedication to preserving investor capital across all our funds/accounts under management. We also embrace the principles of diversity, equity, and inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued.Position Summary: The Vice President is responsible for supporting the Distressed Investment Team’s management of the restructuring and liability management processes of Octagon’s stressed and distressed investments. The Vice President will also collaborate closely with industry sector analysts to develop and implement strategies for managing such investments. They will put together Investment Committee memos and facilitate discussion of restructuring/workout strategies. They will also lead or participate in restructuring negotiations for in and out of court proceedings and coordinate with internal teams (legal, trading, operations, etc.) on all administrative matters throughout the lifecycle of Octagon’s distressed investments.Essential Duties and Responsibilities:Assist in developing strategies for managing risk in and restructuring and working out underperforming investmentsImplement OCI’s restructuring strategy through participation in Steering Committee and ad hoc group discussions and negotiations with external stakeholdersConduct detailed review of cooperation agreements, Transaction Support Agreements, credit agreements/indentures, and other legal documentsMonitor existing fund portfolios of stressed and distressed investmentsCoordinate with internal stakeholders (i.e., Compliance, Legal, Accounting, Operations) regarding restructuring transactions and processesProactively take on ad hoc projects and provide support for new business initiatives, as neededAreas of Knowledge, Skills, and Abilities/Qualifications:JD with 4+ years of relevant experience in distressed/special situations restructuring investment banking/legal/financial advisory, or bank workout spaceStrong analytical skills and strategic thinking with exemplary attention to detailStrong understanding of bankruptcy, restructuring and litigation concepts, capital structures and inter-creditor issuesSolid ability to analyze and develop creative restructuring solutionsOutstanding reputation of professional integrity and maturityHighly motivated, proactive team player with a positive attitudeAbility to multi‐task, be proactive, work independently, and work effectively under pressure (often under deadlines and changing priorities)Excellent written and oral communication skillsComfortable interacting and building relationships with all teams (including senior management) across the firm and affiliated organizationsAbility to clearly articulate views and supporting data or rationaleExhibits a strong commitment to meet compliance obligations reflecting Octagon's core values of honesty and integrity; must accept responsibility for compliance in each role and comply with all applicable rules, regulations, and legal requirementsCompensation and Benefits:Competitive salary and eligibility for year-end performance-based bonusMedical, dental, vision, life, and disability insuranceCommuter benefits401(k) matching programProfit sharing programEmployee Assistance Program (“EAP”)Professional designation and licensure assistanceFamily support and leaves of absenceContact: Contact: Attention: Howard Barkin, Recruitment ManagerOctagon Credit Investors is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including gender, gender identity, sexual orientation, or pregnancy), marital status, national origin, disability, age, or veteran status.Please note that Octagon does not sponsor work visas or immigration-related employment benefits. We encourage all individual applications; please, no recruiters or agencies.