Firm Overview:
Axar Capital Management LP is an employee-owned $2.9 billion opportunistic credit investment firm focused on complex and special situations in the U.S. middle market. Founded in 2015, Axar partners with endowments, foundations, pension funds and other sophisticated investors to deliver high-conviction, value-oriented investment solutions that capitalize on inefficiencies in overlooked segments of credit markets.Axar’s investment strategy is anchored by deep fundamental analysis, rigorous risk management, and active engagement with portfolio companies. The firm takes a hands-on, operationally aware approach to value creation - working closely with management teams to drive performance, improve capital structures, and unlock long-term growth potential. By combining domain expertise with execution discipline, Axar seeks to generate attractive, asymmetric returns with low correlation to broader credit markets.
Position Summary:
The Chief of Staff (COS) is the CEO’s execution partner. You’ll sit at the intersection of investments, portfolio operations, and firmwide leadership, ensuring the CEO’s priorities translate into firm-wide execution. This role is central to Axar’s internal operating cadence and will have a unique vantage point across all business functions.The successful candidate will be responsible for supporting the CEO in all aspects of the business including new investments, restructuring processes, monitoring of existing portfolio positions, internal & portfolio company talent recruitment and overall firm management. The candidate will need to be an organized self-starter looking for a dynamic role that will include both transactional day-to-day activities and transformational strategic work. This role offers an excellent opportunity to contribute to all aspects of the firm's overall growth and success.
We’re looking for someone fast-moving, decisive, and proactive. You should be a systems thinker who thrives in ambiguity, operates with urgency, and can manage up, down, and across the organization. This is a high-trust, high-responsibility position with room to grow.
Key Responsibilities:
- Own Strategic Direction – Serve as the operational owner of the company’s quarterly and annual goals and key initiatives. Ensure strategic priorities are clearly defined, communicated, and tracked across the organization. Work with the CEO and executive team to align on direction, pressure test priorities, and maintain momentum throughout the year. Maintain and communicate progress through tracking of metrics.
- Organize the Executive Team – Lead weekly firm meetings and executive committee meetings and quarterly offsite planning. Ensure meetings are efficient, data is accurate, and follow-ups are clear and assigned.
- Be the CEO’s Representative – Represent the CEO in meetings when needed. Translate high-level direction into concrete next steps for certain teams including portfolio companies. Keep a pulse on cross-functional alignment.
- Enforce Accountability – Ensure leaders deliver on commitments. When the CEO makes a commitment or a leader makes one to the CEO, you track and follow through.
- Special Projects – Step into ambiguous situations, take on projects with no clear owner or as directed by the CEO, and ensure execution doesn’t stall out.
Qualifications:
- Education: Bachelor’s degree, MBA preferred but not required.
- Experience: 5+ years of professional experience in strategy, operations, consulting, or similar
- Location: New York City based at Axar’s headquarters in the meatpacking district with minimum of 4 days per week in office.
- Skills and Other Key Traits:
- Excellent written and verbal communication skills, with the ability to articulate complex concepts clearly.
- Strong business acumen, excellent judgment, and high standards for clarity and follow-through
- Detail-oriented with strong organizational skills and the ability to manage multiple tasks effectively.
- Ability to work both independently and collaboratively within a team environment.
- Deep technology skillset across AI tools, Powerpoint, Excel, etc.
- Passion for learning.
Compensation:
Expected base salary range of $150k-200k plus annual discretionary bonus and carry participation.Email to Apply
Application Process:
Interested candidates are invited to submit a resume and a brief note detailing their qualifications and interest in the position to career@axarcapital.com. Please include “Chief of Staff Application” in the subject line.Email to Apply