Associate - Crayhill Capital Management

We are excited to announce that we are hiring Associates at Crayhill Capital to join our team in midtown Manhattan.

If you are interested in working closely with our borrowers and learning more about the growing private credit market from an asset-based perspective, consider applying.

This is an opportunity for a qualified candidate to gain invaluable experience in private market financing, to utilize problem-solving skills to structure and create innovative financial solutions, and to learn from industry veterans about this niche and growing segment of the market. You will gain relevant experience across a variety of sectors while building your network and honing your quantitative financial skills. You will be joining a collegial team of likeminded professionals who appreciate creativity and hard work.

Key Responsibilities:

Research: Identify and research investment opportunities through in-depth company research and asset performance analysis in order to design and implement structure and project investment returns
Performance Analysis: Perform credit and asset performance analysis, including investment pricing and valuation
Build and Review Models: Develop complex financial models; develop and maintain asset databases
Conduct Diligence: Conduct detailed company and asset diligence, both on-site and desktop
Investment Committee Memos: Prepare internal investment committee memoranda
Negotiate Transaction Documents: Assist in the review of transaction-related documentation
Manage Existing Investments: Interface with portfolio company counterparties, conduct performance analysis and make recommendations based on critical analysis of data

The ideal candidate will have:

Relevant Experience: 3-10 years of related experience in asset-based credit analysis; a background in investment and/or securitization banking, asset backed finance, ABS portfolio management or asset-based lending. Familiarity with unit economics, payment waterfalls, securitization structures and the ability to analyze a specialty finance company and its assets
Technical Skills: Excellent financial modeling and Excel skills; SQL is a strong preference
Financial Skills: Understanding of accounting and financial reporting, capital structures and balance sheets
Passion: Deep intellectual curiosity and desire to find solutions supported by data
Communication Skills: Strong written and oral communication skills, with ability to express views on risk/reward in an investment context
Superior Academic Credentials: A bachelor’s degree in finance, economics, engineering, mathematics or a related field from a top tier university

To apply, please fill out the form below, or email your resume, information, and cover letter to recruiting@crayhill.com.

Carlos Mendez

Managing Partner | Co-Founder

Mr. Mendez is a Co-Founder and a Managing Partner of Crayhill Capital Management.

Prior to founding Crayhill in July 2015, Mr. Mendez was a Portfolio Manager in the Fixed Income Group of Magnetar Capital, where he focused on illiquid, structured credit and asset-based investment opportunities. Prior to Magnetar, Mr. Mendez was a Managing Director and Head of the Structured Finance Group at Sandler O’Neill & Partners, L.P., where he structured new issue origination and asset-based finance solutions for specialty finance companies and banks. Prior to joining Sandler O’Neill, Mr. Mendez was Co-Founder and Principal of ICP Securities, LLC, where he oversaw a capital markets business focused on structured credit in new issue origination, sales and proprietary trading for asset-backed securities and structured products in New York and London. Mr. Mendez received a B.S. in Mechanical Engineering and a minor in Latin American Studies from the United States Naval Academy. He also holds a graduate certificate in Program Management from the University of Washington.

Joshua P. Eaton

Managing Partner | Co-Founder

Joshua Eaton is a Co-Founder and a Managing Partner of Crayhill Capital Management.

Prior to founding Crayhill in July 2015, Mr. Eaton was a Portfolio Manager in the Fixed Income Group of Magnetar Capital, where he focused on illiquid, structured credit and asset-based investment opportunities. Prior to joining Magnetar in 2012, Mr. Eaton was a Managing Director in the Structured Finance Group at Sandler O’Neill & Partners, L.P., where he developed and advised on asset-based and capital solutions for banks, insurance companies and other financial institutions. Prior to joining Sandler O’Neill in 2010, Mr. Eaton spent over five years at Dune Capital Management LP, an investment management firm he helped launch as a spinoff from Soros Fund Management in late 2004. Prior to Dune, Mr. Eaton spent seven years as an associate at Cleary Gottlieb Steen & Hamilton LLP, where his practice focused on corporate and financial transactions. Mr. Eaton received a J.D. degree, magna cum laude, from Boston University School of Law in 1997, a degree in French studies, with honors, from Université de Caen, France in 1994, and a B.A. in Business Administration, Finance Concentration, from the University of Washington in 1992. Mr. Eaton is member of the New York Bar.

Shamafa L. Khan

Managing Director | Head of Marketing & Investor Relations

Ms. Khan is a Managing Director and Head of Investor Relations and Marketing at Crayhill Capital Management.

Prior to joining Crayhill, Ms. Khan was a member of the Global Business Development Group at Babson Capital Management (now Barings), where she held various positions, the last of which was on the Institutional Sales team where she was responsible for client relationships and capital raising for a suite of fixed income strategies. She also served as a product specialist for Babson’s alternative investments platform, developing and implementing marketing strategies for new fundraising initiatives. Prior to joining Babson, Ms. Khan was on the Global Capital Introductions team at UBS Securities and prior to that was also a part of the alternatives research team at UBS.

Ms. Khan received a B.S. in Industrial Engineering & Operations Research and a minor in Economics from Columbia University.

Joseph Thomas

Managing Director | CFO & COO

Mr. Thomas is Chief Financial Officer and Chief Compliance Officer of Crayhill Capital Management LP.

Prior to joining Crayhill, Mr. Thomas was Chief Financial Officer and Chief Compliance Officer of Dune Capital Management LP, an investment management firm that launched as a spinoff from Soros Fund Management in late 2004. Mr. Thomas spent ten years at Dune advancing his career from Controller to CFO and CCO. Prior to joining Dune in 2005, Mr. Thomas spent over three years at SS&C GlobeOp Financial Services, a fund administrator that provides middle and back office financial services to hedge funds and investment managers. At SS&C GlobeOp, Mr. Thomas was a Director overseeing the financial operations of twenty master-feeder hedge funds. Mr. Thomas managed a team of thirty accounting and finance professionals. Prior to joining SS&C GlobeOp, Mr. Thomas worked as an Assistant Controller for Hamilton Partners Limited, a hedge fund and broker dealer. Prior to joining Hamilton, from August of 1985 to July of 2000, Mr. Thomas worked in senior accounting roles of commodity firms at Marco International Corp., Imperial Commodities, Wego Chemical and Mineral Corp. and Bozzo USA Trading Inc.

Mr. Thomas received a B.B.A. in accounting from Adelphi University in 1985 and an M.B.A. in finance from Adelphi University in 1997.