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Internal Sales, Wealth Distribution (Analyst or Associate)

375 Park

Location: NYC

Sound Point Capital Management, a New York based credit-oriented investment manager overseeing approximately $44 billion in total assets, is seeking an Analyst or Associate of Wealth Distribution that will act as internal sales support.  The Firm has expertise in credit strategies and manages money on behalf of institutions, pensions, foundations, insurance companies, wealth management firms, family offices and high net worth individuals.  Our strategies span the spectrum of liquid and illiquid credit alternatives and includes funds and managed accounts focused on leveraged loans, CLOs, Opportunistic Credit, Private Credit, Structured Credit and Real Estate Credit.  This is a tremendous opportunity for the right candidate to join an expanding platform and be instrumental in the development, implementation, and growth of the firm’s retail distribution strategy. 

Responsibilities

The Analyst or Associate will partner with senior relationship managers of Sound Point’s Wealth Distribution team and help cultivate new relationships with prospects having the shared goal of accelerating the adoption of Sound Point’s alternative investment offerings in the wealth channel. The Analyst or Associate will assist in discovering new prospects and will be the internal point of contact responsible for assisting in business development with wirehouses, RIAs, independent broker-dealers, and family offices. 

Specific responsibilities include, but aren’t limited to:

  • Support senior relationship managers to cultivate and expand the firm’s existing relationships with the universe of wealth management platforms, RIAs, independent broker-dealers and family offices.
  • Assisting senior sales in pre-meeting preparation and post meeting debriefing.
  • Scheduling in-person and virtual meetings, taking notes, maintaining pipelines, managing CRM.
  • Develop and maintain strong working knowledge about the firm’s investment process and product offerings.

Qualifications

  • 2+ years experience: with a preference towards asset management, wealth management, or alternative investment management
  • Passion for and willingness to learn about the alternative credit space and this role.
  • Strong skills in Microsoft Office/Excel/PDF
  • Demonstrated ability to work productively in a team environment; understands the importance of internal partnership, especially with portfolio managers and other marketers.
  • Ability to communicate across all levels of the firm
  • Highly motivated professional with the ability to manage priorities, react to opportunities and deliver results.
  • Series 7 and 63 preferred or ability to attain them quickly after hiring

Salary Range

$100,000- $130,000

Equal Opportunity Statement

We are an equal opportunity employer, and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. 

(Note - This position is exempt and would not qualify for overtime pay.)

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