

Head of Financing
Jefferies Finance - Fast-growth private credit manager (~$30B AUM) with affiliated/managed BDCs, private credit funds, and a Leverage Finance business
New York (Hybrid/On-site)
Reports to: CFO
Role Summary
The Head of Financing will lead the firm’s capital markets function across Corporate, private funds, and an affiliated/managed BDCs. Sitting with the CFO organization. Manage the Financing and Credit Facilities Management Team. This role will lead negotiation and execution of financing transactions while partnering closely with CIOs, CFO, and internal legal on portfolio construction, leverage levels, key terms, and document review.
The platform maintains a diversified financing stack including Corporate facilities (corporate revolver, fronting lines, ABL line, warehouses, secured and unsecured notes, repos) and Fund/Vehicle facilities (subscription lines, asset/secured lines, direct lending CLOs, and a BDC corporate revolver). The Head of Financing will also assist with ratings agency engagement for Corporate ratings, specific financings and direct lending CLOs, and will build the infrastructure and team needed to operate a scaled borrowing base and financing program. The Head of Financing will also coordinate funding and capital management with JFIN’s equity investors (Jefferies Financial Group (JFG) and Mass Mutual (MM)).
Key Responsibilities
Funding & Leverage Strategy (Corporate + Funds + BDC + Leverage Finance)
Develop and execute funding and leverage strategy aligned with portfolio construction, asset eligibility, liquidity buffers, and risk tolerances.
Coordinate closely with investment leadership, CFO, and internal legal on target leverage levels, structural considerations, and key commercial/legal terms.
Oversee ongoing management of a diversified set of facilities, including:
Manage global banking relationships to maximize credit capacity versus JFIN’s fee wallet.
Maintain a maturity ladder and diversification plan; proactively identify refinancing and capacity needs.
Borrowing Base Operations & Infrastructure (Systems + Team Ownership)
Oversee the assessment, selection, and implementation of a borrowing base system (or enhancements to existing tools/processes), including requirements gathering, vendor evaluation, controls design, integration with portfolio data sources, UAT, and go-live.
Establish operating procedures and controls for borrowing base and warehouse mechanics: eligibility rules, haircuts, advance rates, concentration limits, triggers, exclusion events, dispute management, and audit trails.
Manage and develop a team responsible for day-to-day borrowing base operations, including:
Partner with investment teams, Fund Accounting, and Operations to ensure accurate data sourcing, reconciliations, and timely close/reporting.
Financing strategy & transaction pipeline
Deal execution / structuring
Agents, trustees, lenders, and syndication coordination
Covenants, borrowing base & ongoing compliance
Ratings agency engagement (Corporate + Direct Lending CLOs)
Interest rate risk management & hedging execution
Investor-facing disclosures & communications support
Documentation oversight & controls
BDC-Specific Support
Liquidity Management
Reporting Line
Reports to CFO
Partners closely with: CIOs, CFO, COO, Internal Legal, and Operations and Finance team leaders.
Qualifications
New York, NY Full Time Salary Range of $200,000-295,000.
Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.
At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodation to individuals with disabilities, as required by applicable law.
The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.