Sound Point Capital Management, LP

Senior Associate or Vice President, Hybrid Relationship Manager, Wealth Distribution

NEW YORK, NYPosted a month ago

Job summary

  • Job post source

    This job is directly from Sound Point Capital Management, LP

  • Job overview

    The Senior Associate or Vice President, Hybrid Relationship Manager, Wealth Distribution at Sound Point Capital Management will drive business development and client retention for the firm's Wealth Division, focusing on expanding relationships with wealth management platforms and family offices.

  • Responsibilities and impact

    The role involves supporting senior relationship managers, engaging in both inside and outside sales through in-person and virtual meetings, managing pipelines and CRM, and presenting the firm's investment products confidently.

  • Compensation and benefits

    The salary range is $130,000 to $175,000; the position is exempt from overtime pay and the company values diversity and equal opportunity.

  • Experience and skills

    Candidates need at least five years of investment industry experience, sales experience, strong credit product knowledge, relationships with key wealth channel decision makers, excellent communication skills, teamwork ability, willingness to travel, and must hold FINRA Series 7 and 63 licenses.

  • Work environment and culture

    The company values diversity and equal opportunity, fostering an inclusive environment without discrimination based on various personal attributes.

  • Company information

    Sound Point Capital Management is a New York-based credit-oriented investment manager overseeing approximately $44 billion in assets, specializing in a range of credit strategies for institutional and high net worth clients.

  • Job location and travel

    The position is based in New York City or West Palm Beach, with travel as appropriate.

  • Unique job features

    This role uniquely combines inside and outside sales responsibilities and requires a strong understanding of credit products to support the firm's retail distribution growth.

Company overview

Sound Point Capital Management, LP is an asset management firm specializing in credit strategies, including leveraged loans, high-yield bonds, and structured credit products. The company generates revenue through management fees and performance-based incentives from managing investment portfolios for institutional clients, such as pension funds, endowments, and insurance companies. Founded in 2008, Sound Point has grown significantly, leveraging its expertise in credit markets to navigate various economic cycles and deliver consistent returns. Key historical milestones include strategic partnerships and significant asset growth, solidifying its reputation in the financial industry.

How to land this job

  • Position your resume to highlight your extensive experience in wealth distribution, relationship management, and sales within the investment industry, emphasizing your knowledge of credit products and success engaging wealth channels like wirehouses, RIAs, and broker-dealers.

  • Emphasize your ability to manage client relationships, coordinate both inside and outside sales efforts, proficiency with CRM systems, and your communication skills tailored to diverse audiences, showcasing teamwork and collaboration with portfolio managers and marketers.

  • Apply through multiple channels including Sound Point Capital Management's corporate careers site, LinkedIn, and reputable financial job boards to maximize your application visibility for this role.

  • Connect on LinkedIn with professionals in Sound Point's Wealth Division or related teams; use ice breakers like commenting on recent firm news, asking about their experiences working on credit strategies, or inquiring about the evolving retail distribution strategy to start meaningful conversations.

  • Optimize your resume for ATS by integrating keywords such as 'wealth distribution,' 'credit products,' 'relationship management,' 'CRM,' 'Series 7 and 63,' and 'client retention,' ensuring your resume passes automated screenings effectively.

  • Leverage Jennie Johnson's Power Apply feature to automate tailored resume customization, multi-channel applications, and LinkedIn networking outreach, allowing you to focus your time on preparing for interviews and strategic job search activities.

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