COMPANY OVERVIEW
Cercano Management LLC (“Cercano”) is an SEC-registered investment adviser with approximately $10.5 billion in assets under management. Cercano provides investment advisory and other services to ultra-high net worth individuals and their families as well as their family foundations, charitable organizations, and other related entities. Cercano is based in Bellevue, WA with offices in Wayzata, MN, Atlanta, GA and Singapore. Cercano generally pursues direct investment strategies across venture capital, private equity, private credit, and public equities on a global basis. Cercano Private Credit investment strategies include but are not limited to direct lending, hybrid solutions and asset-backed lending that generally target yields of 10% to 25% across strategies.
POSITION MISSION
Cercano is seeking a Private Credit Associate to join the investment team in Bellevue. In this role you will be working as part of a team that manages all aspects of the private credit business.
You must be able to perform key parts of the investment assessment process, including: due diligence; financial modeling; information synthesis and communication, both verbal and written, to achieve stakeholder buy-in; and portfolio monitoring. In many cases, you will participate in transactions from incubation phase to maturity.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Support more senior investment professionals throughout identification and assessment of investment opportunities.
- Support company and industry due diligence processes.
- Build in-depth financial models and prepare valuation analysis.
- Assist in drafting internal memoranda and review legal documentation.
- Monitor and track performance of existing investment positions.
- Collaborate across the firm.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Knowledge, experience, skill, and/or ability
Required
- 1 – 3 years of experience at a top-tier investment manager, investment bank, commercial bank or similar.
- Strong communication skills (written, verbal, and presentations).
- Strong interpersonal skills.
- Strong attention to detail.
- Strong quantitative skills, including advanced Excel, modeling, and valuation skills.
- A high level of professional maturity and a solid work ethic.
- An ability to fit into a small team.
- Desired computer skills: MS Office (Word, Excel, PowerPoint, and Outlook).
Education/certifications
- Strong academic credentials; B.A. or B.S. (in relevant major) from accredited institution.
SALARY RANGE: $100,000 - $150,000 on annual basis
SALARY DETAILS:
Pay will be based on multiple factors, including, and not limited to location, relevant experience/level and skillset while balancing internal equity. Our discretionary bonus program is in addition to the base compensation range listed above. Cercano is committed to fair, unbiased compensation along with competitive benefits in all locations in which we operate.
TOTAL REWARDS:
Cercano offers a comprehensive benefits package including medical, dental and vision insurance, Health Savings Account with generous annual employer contribution, Flexible Spending Accounts for health and dependent care, unlimited paid time off, paid holidays, paid parental leave, opportunity to participate in a 401(k) plan with a generous employer match of 50% of your own contributions up to the standard annual IRS limit, company paid life insurance, and a Health and Wellness Benefit. Employees may be eligible for reimbursement for approved professional development activities.
Cercano is an equal opportunity employer. Every qualified applicant will be considered for employment. We do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, marital status, sex, disability, political ideology, or veteran status, or other protected class.