Department: Travelers Capital Corp.

Reports to: Managing Partner

 Job type – Permanent, full time or contract available

• Location – Remote (within Canada)
• Working hours – Standard business hours PST

 Your Talent, Your Terms | Results, recognition, and rewards

 What’s the job:

Travelers Capital Corp. is seeking an experienced and driven capital raising professional to join our team and spearhead fundraising efforts for our private debt fund and to play a key role in growing TCC’s alternative lending platform.

In this role, the Manager, Capital will use expert communication skills and a keen sense of initiative to spot fund raising opportunities, develop relationships with potential partners, and manage fund raising campaigns while moving Travelers Capital Corp. closer to its financial goals.

What you’ll be doing:

• Develop and execute a comprehensive capital raising strategy to attract new investors to the fund
• Identify, engage, and build relationships with potential investors including institutional investors, family offices, wealth managers, and high net worth individuals
• Conduct meetings, presentations, and roadshows to market the fund and its investment strategy
• Work closely with the investment team to prepare pitch materials, marketing collateral, and due diligence materials
• Initiate calls to prospective investors and schedule in-person meetings with such prospects to explain TCC’s Fund and overall investment opportunity and strategy. Solicit follow up meetings with prospective investors with TCC’s senior management, as applicable.
• Work closely with the Fund’s EMD as the Designated Representative to manage the entire investor onboarding process from initial outreach, KYC / AML, suitability, subscription, and capital call.
• Work with external vendors and partners to establish wider distribution channel of the Fund, including establishment of Fundserv code and manage the respective onboarding protocol
• Manage the entire investor onboarding process from initial outreach through closing
• Maintain continuous engagement with existing investors through ongoing communications and reporting
• Attend industry conferences and networking events to raise awareness and generate leads
• Stay up to date on market trends, regulations, and competitor activities impacting fund raising

What you bring:

• Strong sense of integrity, professionalism and a results-oriented attitude to continually improve processes and systems, enhance efficiency, and contribute to overall organizational success
• 5+ years of direct capital raising experience, preferably within private debt, credit funds, mortgage funds, or alternative investments
• Proven track record of successfully raising capital from institutional and individual investors
• Existing network of investor relationships, particularly in the debt/lending space
• Strong understanding of private debt investment strategies, portfolio construction, and risk management
• Excellent verbal and written communication skills with the ability to clearly articulate complex investment concepts
• Self-motivated with an entrepreneurial mindset and drive to achieve aggressive fundraising targets
• Willingness to travel frequently to meet with prospective investors
• Dealing Representative registration or ability to become register as a Dealing Representative
• Bachelor’s degree required, advanced degree such as MBA preferred

Why join TCC:

TCC’s culture is results, recognition and rewards based, with a focus on achieving results in a high performing team environment. 

As part of the Travelers Financial Group of Companies, Travelers Capital Corp.is an alternative capital provider to public and private mid-market enterprises seeking custom finance solutions outside of those offered by traditional lending institutions. TCC is a full scope financier providing asset-based loan and lease solutions to borrowers facing a variety of traditional funding challenges, from transitional and distressed balance sheet restructurings to rapid growth working capital and acquisition requirements. With a deep understanding of asset finance and operation management, TCC is able to evaluate a borrower’s capital needs and inherent risks from an enterprise perspective, allowing for tailored, creative, and timely credit solutions.

TFG is an equal opportunity employer and employs team members without regard to race, colour, ancestry, place of origin, political belief, religion, marital status, family status, physical disability, mental disability, sex, sexual orientation, gender identity or expression, age, or any other protected personal characteristic.

Results, Recognition, and Rewards: At TCC, we are driven by results and committed to recognizing and rewarding your achievements. Through performance-based rewards and growth opportunities, your contributions are valued and acknowledged, motivating you to continue excelling in your role.

Growth opportunities and supportive leadership: Our leaders are committed to your professional growth and success. They provide guidance, resources to help you develop your skills, expand your knowledge, and achieve your career goals within the organization.

Employer paid benefits: At TCC, we prioritize the well being of our team by offering a comprehensive benefits package. Our medical and dental plan includes vision care and life insurance, ensuring you and your dependents have the coverage you need.

Employee Investment Program: We believe in helping you achieve your financial goals. Our investment program offers the choice of RRSP, TFSA, and Cash accounts. To further support your savings, TCC provides a company matching program, helping you grow your investments more effectively.

Promoveo: TCC celebrates choice and offers the ability to work in office (Vancouver and Calgary), hybrid or remote (for most roles).  We know that our team members are the most important part of our business and we trust in our team members to work in a way that provides them the ability to succeed in their work.

Please submit your resume and cover letter to hiring@travelerscapital.com.

Department: Travelers Capital Inc. 

Reports to: Managing Partner 

 Job type – Permanent, full time 

• Location – Canada  

• Working hours – Standard business hours PST 

Your Talent, Your Terms | Results, Recognition and Rewards   

What’s the job: 

The Vice President, Portfolio is an integral role within Travelers, one of which that is vital to the long term growth and success of the business.  The Vice President, Portfolio requires a high degree of interface with TCC’s clients and ongoing management of Travelers’ portfolio investments.  

Responsibilities include, but are not limited to, lead the active management of the Travelers cross border portfolio of investments, review and analysis of ongoing portfolio company reporting, assist with execution of live transactions, initiate and control the restructuring/recovery of deployed capital, and assist with the required amendments as requested or deemed necessary within the existing portfolio. You will own the full lifecycle portfolio management structure, reporting, idea origination, diligence, structuring, documentation, ongoing value creation, restructurings/workouts, and exit while mentoring a capable team and partnering closely with legal, valuation, risk, and senior leadership. 

The Vice President, Portfolio will work closely with the leadership team to assist in the effective management and operational efficiency in all aspects of the business, contributing to the profitable growth and scalability of Travelers Capital. 

Mission: what success looks like: 

• Protect deployed capital with active monitoring covenants, collateral packages, structural seniority, and active engagement with borrowers and co-lenders. 

• Proactively monitor portfolio of deployed capital to preserve and create attractive, risk-adjusted returns through disciplined file management, active portfolio oversight, and proactive restructuring workout strategies. 

• Deliver transparent reporting, timely valuations, and credible narrative to investors and internal committees. 

• Coach and mentor the current team to foster best possible results environment. 

What you’ll be doing: 

Portfolio management and monitoring 

• Responsible for the overall management, monitoring, and capital preservation of the Travelers Capital private debt investment portfolio, including the diligent collection and review of all reporting requirements, monitoring the good standing of each portfolio investment, and initiating any recovery steps as necessary to protect and efficiently manage the portfolio.  

• Oversee portfolio performance and monitoring, including actively checking in with portfolio companies/managed debtor entities to ensure compliance of reporting requirements, investment covenants, and ad-hoc deliverables.  

• Conduct and/or review the critical analysis of the information collected from debtor companies and identify improving or deteriorating debtor trends, potential breaches of covenant, trailing 12 month analysis, and observe ongoing key credit metrics. 

• Chair (or co-chair) weekly portfolio reviews; highlight watch list names, mark changes, and remediation steps. 

• Oversee portfolio inspections and valuations in coordination with internal valuation committee and external pricing vendors; drive fair value marks consistent with IFRS guidance as applicable 

• Works with Managing Partner and accounting department as a liaison to manage the proper accounting of each financing during the term of the investment. 

• Provide excellent customer service through strengthening client relationships, answering queries in a timely manner and owning the day to day operations of the on book portfolio.  

Restructuring/workout leadership 

• Structure, negotiate, recommend, and author formal credit amendments to the investment committee and/or investment partners, complete with key credit metrics, and control the documentation, execution, and implementation process of such amendments.  

• Proactively monitor and work with portfolio clients (borrowers) going through periods of rigorous transition, providing strategic advice, consult, analysis, and recommendations to the Managing Partner and investment committee on future looking amendments to maintain good standing and preservation of capital. 

• Responsible for ongoing documentation and working with outside firms (i.e. counsel, trustees, etc.) on all portfolio processes including, but not limited to, regular course loan/lease modifications, payout requests, asset discharge requests, renewal and extension agreements, potential workout documentation (i.e. demand notices, forbearance agreements, etc.), pending and ongoing recovery, remediation and restructuring materials, and initiative and conduct formal recovery proceedings, including appointment of bailiffs and receivers. Assemble and maintain certain standard documents that can be completed in house as well.  

• Navigate intricate legal and security regimes and their respective impact/application to the portfolio (e.g., U.S. Chapter 11, Article 9; Canadian CCAA, BIA, PPSA provincial filings). 

Risk, compliance and governance 

• Ensure alignment with senior leadership and key stakeholders on workout strategy to ensure the Company protects its capital.  

• Maintain documentation audit trail, support all legal and regulatory reporting (e.g., Form PF, AIFMD equivalents, Canadian securities filings as needed). 

• Responsible for portfolio organization and maintenance by obtaining final or post closing requirements to ensure each file is complete, monitoring timelines and milestones which enable the lender’s portfolio management rights (i.e. annual collateral valuations, etc.), and the execution and management of said lender rights.  

• Understand and adhere to the standards and procedures of the Anti Money Laundering program, Know Your Customer requirements, and Guidelines for Business Conduct. 

• Responsible for reporting on and escalating any unusual occurrences or fraudulent activities in any areas of the portfolio. 

Stakeholder and investor Engagement 

• Assess several business concerns and work with the team to formulate recommendations to the investment committee/various stakeholders. This may include preparing written reports for Travelers’ counsel and/or other stakeholders in accordance with the mandate of the file and collaborating with a trustee/receiver in dealing with legal elements of the recovery process.  

• Quarterly, or more frequent, compile reports or decks on the overall portfolio, analyzing the portfolio for overall trends, credit risk, identify and update on assets under scrutiny/workout, and summarize key statistics. 

• Participate in fundraising presentations to articulate track record, process, and edge in complex credits. 

• Support co-investment structuring and managed accounts requiring custom guidelines. 

Leadership and talent development 

• Lead and mentor a team portfolio analysts, directors, and associates. Oversee ongoing training, quality reviews, and workflow and portfolio delegation, as required. 

• Manage and mentor associate/analyst bench; set analytic standards, review models, and upgrade diligence frameworks. 

• Foster collaborative culture withal internal teams, legal, ops, and valuation teams across offices. 

• Exhibit a natural curiosity for the subject matter and apply critical thinking to the task at hand and its respective impact on the overall business and its stakeholders.  

• Identify opportunities for automation/streamlining and process improvements to improve efficiencies and to increase productivity in workflows.  

What you bring: 

• 6+ years of job-related experience, preferably within a financial institution, private capital firm, accounting or advisory firm, law firm. 

• Bachelor’s Degree in Commerce or Law, or related field, or diploma of equivalent recognition with at least 3-4 years of study 

• Demonstrated experience & accountability across U.S. and Canadian jurisdictions deemed an asset 

• Deep familiarity with restructuring processes and a working knowledge of legal considerations in cross-border lending (with structuring support) 

• Professional designation: CPA, CFA, LIT, CIRP, J.D., or restricting credentials deemed an asset  

• Strong integrity, professionalism and work ethic without sacrificing your ability to have fun on the job 

• Excellent verbal, written and presentation skills  

• Advanced knowledge of general business principles and practices, including, analyzing, and interpreting financial data as well as a working knowledge of secured creditor enforcement and remediation rights  

• Ability to work with many internal and external stakeholders and to negotiate in the interest of the firm 

• Experience within or understanding of the asset-based lending industry and/or restructuring & insolvency industry an asset. 

• Proficiency in Word, PowerPoint, Outlook, and specifically Excel 

• Ability to complete tasks with thoroughness and attention to detail, while also effectively meeting deadlines and managing complex and heavy workloads with minimal supervision. 

• Adapts and identifies with Travelers culture, vision, purpose, mission, and EASY principles. 

• Ability to travel (as required) 

Why join TCC: 

TCC’s culture is results, recognition and rewards based, with a focus on achieving results in a high performing team environment.  

As part of the Travelers Financial Group of Companies, Travelers Capital Corp. is an alternative capital provider to public and private mid-market enterprises seeking custom finance solutions outside of those offered by traditional lending institutions. TCC is a full scope financier providing asset based loan and lease solutions to borrowers facing a variety of traditional funding challenges, from transitional and distressed balance sheet restructurings to rapid growth working capital and acquisition requirements. With a deep understanding of asset finance and operation management, TCC is able to evaluate a borrower’s capital needs and inherent risks from an enterprise perspective, allowing for tailored, creative, and timely credit solutions. 

TCC is an equal opportunity employer and believes in providing an inclusive workplace where all individuals have an opportunity to succeed. 

Results, Recognition, and Rewards: At TCC, we are driven by results and committed to recognizing and rewarding your achievements. Through performance-based rewards and growth opportunities, your contributions are valued and acknowledged, motivating you to continue excelling in your role. 

Growth opportunities and supportive leadership: Our leaders are committed to your professional growth and success. They provide guidance, resources to help you develop your skills, expand your knowledge, and achieve your career goals within the organization. 

Employer paid benefits: At TCC, we prioritize the well being of our team by offering a comprehensive benefits package. Our medical and dental plan includes vision care and life insurance, ensuring you and your dependents have the coverage you need.  

Employee Investment Program: We believe in helping you achieve your financial goals. Our investment program offers the choice of RRSP, TFSA, and Cash accounts. To further support your savings, TCC provides a company matching program, helping you grow your investments more effectively. 

Promoveo: TCC celebrates choice and offers the ability to work in office (Vancouver and Calgary), hybrid or remote (for most roles).  We know that our team members are the most important part of our business and we trust in our team members to work in a way that provides them the ability to succeed in their work.   

Please submit your resume and cover letter to hiring@travelerscapital.com.