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        Credit Financing Associate

        Join our Finance and Operations team in New York

        The D. E. Shaw group seeks an associate to join its Treasury team to focus on financing credit investments for our hedge fund and private credit businesses. The role offers the opportunity to partner with investment teams to ensure financing arrangements align with investment objectives, and gain exposure to various credit products and leverage formats, in an inclusive, collaborative, and engaging working environment.

        What you’ll do day-to-day

        Your responsibilities will include structuring, execution, and risk management of financing transactions backed by credit assets including corporate bonds, leveraged loans, asset-backed securities, and private credit. You will help oversee the financing book, including margin optimization and leverage facility management. You will also be required to maintain relationships across our funding providers at investment banks and non-bank lenders. Proactively analyzing market trends and identifying unique opportunities to access leverage capacity within and outside of the banking system are core aspects of the role. You will be involved in the development and implementation of consistent and robust financing processes in the public and private credit spaces. In addition to working with investment teams, you will work closely with our Technology, Legal, Compliance, and Tax functions on all stages of financing product development.

        Who we’re looking for

        • Candidates will have a bachelor’s degree and at least three years of relevant experience at a buy-side firm or investment bank.
        • Applicants should be familiar with financing arrangements and credit underwriting processes. This includes experience financing credit and structured assets with repurchase agreements, margin loans, recourse and non-recourse credit lines and facilities, total return swaps, repackaging, and synthetic securitizations.
        • Applicants should have experience developing and maintaining financial models and forecasts.
        • Keen attention to detail, well-developed written and verbal communication skills, and a demonstrated interest in financial markets are all essential attributes for this role.
        • Experience in end-to-end financing product development and transaction lifecycle management is valuable for this role.
        • Experience conducting fundamental credit or quantitative investment analysis is preferred but not required
        • The expected annual base salary for this position is $135,000 to $175,000. Our compensation and benefits package includes variable compensation in the form of a year-end bonus, guaranteed in the first year of hire, and benefits including medical and prescription drug coverage, 401(k) contribution matching, wellness reimbursement, family building benefits, and a charitable gift match program.

        At the D. E. Shaw group, we believe the diversity of our employees is core to our strength and success. We are committed to supporting our people in work and in life, which is why we offer benefits such as a family planning and surrogacy program and a charitable gift match to all full-time employees.

        Additionally, our staff-led affinity groups are pillars of our community, helping to celebrate diversity, promote leadership and development opportunities, and facilitate inclusive mentorship. Members and allies organize a wide range of educational and social programming, from expert talks to film festivals.

        The members of the D. E. Shaw group do not discriminate in employment matters on the basis of race, color, religion, gender, gender identity, pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, caregiver status, or any other category protected by law. We are committed to the principles of diversity, equity, and inclusion, and are eager to hear from individuals having a wide range of backgrounds and personal characteristics.

        The applicable annual base salary or hourly rate paid to a successful applicant will be determined based on multiple factors, including without limitation the nature and extent of prior experience and educational background.

        Candidates to positions in D. E. Shaw group offices in the European Union (any such candidate, an “EU Candidate”) should click here for our European Union Recruitment Personal Data Privacy Notice.

        Candidates to positions in D. E. Shaw group offices in the United Kingdom (any such candidate, a “UK Candidate”) should click here for our United Kingdom Recruitment Personal Data Privacy Notice.

        Candidates who are residents of California (any such candidate, a “California Resident”) should click here for our CCPA Recruitment Personal Information Privacy Notice.

        The D. E. Shaw group may collect, use, hold, transfer, and process candidates’ resumes and associated information (including personal information contained therein) for purposes reasonably related to their application, including without limitation: review and management of employment applications and supporting materials; administration and management of offers to and communication with candidates; and administration, management, and improvement of the recruiting operations of the D. E. Shaw group; and/or where reasonably required in connection with a proposed sale, spin-out, reorganization, or outsourcing of all or some of the business of the D. E. Shaw group. The D. E. Shaw group will not use such information for purposes unrelated to the foregoing, such as direct marketing of third-party products to candidates, without candidate consent. As used herein, the term “personal information” is meant to broadly describe information identifying or relating to a specific individual; it is intended to encompass “personal data,” “sensitive personal data,” and “personally identifiable information” and similar terms, as those terms are defined by law in the jurisdictions in which the D. E. Shaw group operates.

        The D. E. Shaw group may transfer such personal information within and outside the country and jurisdiction of the locations where the D. E. Shaw group maintains offices, to other D. E. Shaw group affiliates, to government and regulatory authorities, and to third parties which provide or may provide support and/or services to the D. E. Shaw group and for the purposes set forth above. The persons who may have access to this personal information are other employees of the D. E. Shaw group, in connection with the performance of their duties of employment, and the other parties listed above, in connection with the business of the D. E. Shaw group. (Of course, candidates will be considered for employment opportunities only in those countries in which they express interest.)

        The D. E. Shaw group will use reasonable care to maintain the confidentiality of personal information (including appropriate technical measures against unauthorized or unlawful processing and against accidental loss or destruction of, or damage to, such information) and will retain such data as required by applicable law or regulation. Candidates have the right to request access to, and correction of, their personal information in accordance with applicable law; any such request should be submitted to recruiting-inquiries@deshaw.com. Candidates who have submitted a resume to the D. E. Shaw group and do not wish to proceed with their applications should email cvwithdraw@deshaw.com. Personal information of candidates who have been the subject of background checks may have been transferred in accordance with applicable regulations, and any concerns with such transfers should be submitted to backgroundcheck-inquiries@deshaw.com.

        The D. E. Shaw group may retain candidates’ information for prospective recruiting activities, including sourcing candidates for employment opportunities and for organizing events with prospective candidates, in accordance with our internal data retention procedures. Candidates who do not agree to such future use should email recruiting-inquiries@deshaw.com.