Principal Associate, Strategic Investments Group - Co-Lending and Credit Insurance Partnerships

About the role

SIG's Co-Lending and Credit Insurance Desk is a small and highly effective team that provides alternative distribution solutions to complement our front end originations and capital markets teams seeking to compete in the lending market with larger hold sizes. The team was formed in 2020 and manages established and new relationships with asset managers and insurance companies, and continues to experience significant growth in deal and partnership activity. This role will be responsible for helping to operate and scale both our existing as well as our newer Co-Lending and Credit Insurance partnerships. The associate will directly report to the Head of the Co-Lending and Credit Insurance Desk and work directly with a team of high-performing associates. The role will also closely interact with SIG leadership, senior originators, internal and external underwriting teams, insurers and insurance brokers, as well as numerous functional partners across our Commercial Bank to provide an especially high amount of visibility for a role at this level. This role's primary responsibilities will be: To facilitate post-close portfolio activity that requires transaction or credit updates, incremental commitments, votes or approvals from our partners, To coordinate and support the distribution or referral of balance sheet risk on individual corporate and commercial real estate loans for credit insurance with insurers or for syndication and assignment to our 3rd party lending partners, To coordinate with workout teams to understand restructuring situations and process any insurance claims that may arise in our portfolio, and To support and drive projects to automate or improve the technology and reporting infrastructure of our products and partnerships. This is an exciting opportunity for a growth-oriented insurance, lending or capital markets professional to bring his/her unique set of skills and relationships to a dynamic team that rarely has openings.