Associate, US Senior Loans, 2026

Oaktree is a leader among global investment managers specializing in alternative investments, with more than $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,400 employees and offices in more than 25 cities worldwide. We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture. For additional information, please visit Oaktree’s website at  http://www.oaktreecapital.com/ Responsibilities Based in Downtown Los Angeles, Oaktree is seeking an associate to work within the U.S. Senior Loans Group for a 2-year program.  Oaktree initially formed the U.S. Senior Loan strategy in September 2007 to capitalize on the backlog of "hung" bridge loans held by investment banks. The strategy typically invests in broadly-syndicated, senior-secured loans or other senior, non-investment-grade debt. In most instances, the instruments we target constitute the most senior component in the borrower’s capital structure. In 2012, we continued to expand the strategy with a new product, Enhanced Income, which invests in senior loans through a lightly-levered CLO structure; and in 2014, we launched a traditional CLO product. The strategy’s focus is on U.S. dollar-denominated loans secured by first-priority liens in performing companies primarily within the U.S. and Canada, but also within Europe. Though it is less common, we may also invest in second lien loans, non-dollar-denominated loans, and secured or unsecured bonds, where we believe the value of the underlying business comfortably exceeds the value of our claim in a downside scenario. The Associate will participate in all transaction functions and portfolio management activities: Preparing detailed financial modeling; Performing quantitative and qualitative analysis;  Developing and maintaining business and industry due diligence; Participating in deal structuring, legal documentation and negotiations; and Monitoring the performance of existing portfolio investments.

2-3 years of experience as an analyst with a top investment bank within merchant banking or leveraged finance. Outstanding financial modeling and analytical skills. Demonstrated competency in financial statement analysis, business valuation, accounting and finance. Personal Attributes Must have outstanding initiative and be a self-starter Demonstrate non-linear thinking and have excellent written, verbal and interpersonal communication skills Ability to prioritize and manage multiple competing tasks Collaborative, team-oriented individual with strong sense of integrity and professionalism Education A Bachelor’s degree with honors from a top university or college is required. Base Salary Range $100,000 - $150,000 In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement.  The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.

Employment Policy Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic