About this opportunity
Yieldstreet Inc. lists this Director, Specialty Finance opportunity in new york, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Director, Specialty Finance
Yieldstreet Inc. New York, New York, United States
About this position
About Willow Wealth
Willow Wealth is a leading platform for private market investing, connecting individual investors with curated opportunities across real estate, private credit, private equity, and more. Founded in 2015, the platform has grown to serve more than 500,000 members with $6.9B+ invested since inception. The company has raised over $250M from leading institutional investors, such as Redbird, Tarsadia, Mayfair, StepStone, and Edison Partners.
About the Role
Willow Wealth is seeking a Director, Specialty Finance to lead our investing strategy across private credit, specialty finance and other opportunistic areas of credit. This individual will report directly to the CIO and serve as a key member of the investments team. This role is a strategic hire at this moment in our company’s journey and will be responsible for setting long-term investment vision and driving new originations in direct investments. Additionally, given Willow Wealth’s retail orientation, this individual will play a critical role in earning investor trust through consistent performance, clear communication, and ongoing education.
Willow Wealth is undergoing a strategic evolution to becoming a marketplace for retail investors to locate and evaluate private investments across the risk spectrum. This role will be instrumental in populating the marketplace through sourcing, evaluating, and closing direct deals. This requires forging and deepening relationships with top-tier managers, identifying and structuring differentiated investment opportunities and ensuring the platform delivers on both performance and accessibility for Willow Wealth’s retail investor base. The Director will additionally be tasked with managing both internal and sub-advisory teams in connection with the ongoing management of Willow Wealth’s existing portfolio of assets.
Key Responsibilities
The Director, Specialty Finance will be responsible for leading and shaping Willow Wealth’sprivate credit and specialty financeinvestment strategy. Core responsibilities include:
Develop and execute a plan to bringprivate credit and specialty finance transactionsto the platform across asset classes
Participate in the firm’s investment committee and help evaluate its tactical investment decisions
Partner with the CIO, CEO, President, CFO and others to align investments with company and investor goals
Represent the firm externally with investors and industry partners
Sourcing, Underwriting and Execution
Foster deep relationships with best-in-class asset managers to source investment opportunities for the platform
Lead due diligence, structuring and evaluation of new investment opportunities
Drive the execution of investment ideas into offerings on the platform, partnering with internal teams through the investment committee process
Oversee deal allocation and portfolio construction
Manage sub-advisory relationships relating to Willow Wealth’s existing portfolio of private credit and specialty finance assets
Qualifications
The ideal candidate possesses 8 -12 years’ experience in investment management, in increasingly senior roles with a demonstrable track record of delivering investment impact. Deep familiarity across private credit, specialty finance and asset-based lending, is essential, along with the ability to navigate the complexities of investment structuring and execution. The candidate must bring strong private market knowledge and an extensive network to source high-quality opportunities for Willow Wealth’s portfolio.
Deep familiarity and connectivity with private market investment managers is essential, along with the ability to navigate the complexities of investment structuring and execution
Strong private market knowledge to source high-quality managers across specialty finance and private credit while maintaining robust sourcing pipelines is critical
A degree from a recognized university or institution of higher education is required
An MBA, CFA, or equivalent experience is highly preferred
What's in it for you
Competitive compensation package, including equity
Health, dental & vision coverage with FSA/HSA options
Unlimited PTO
Life insurance
Wellness stipend
This is a New York-based role. The base salary range for this position is USD 200,000 to 230,000 annually, depending on experience and qualifications. This role is eligible for a discretionary bonus and equity compensation as part of the total compensation package.
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Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.