Our client is a specialty finance investment manager, providing capital and support to breakthrough fintech and proptech companies. They provide creative and flexible asset-based facilities used to fund the origination of loans and other collateral. They typically work with companies to provide financings starting at $25mm and scaling significantly thereafter.
The firm’s capital complements institutional equity (VC/PE). Whereas equity is typically used to finance the underlying operating business, the firm’s credit is used to cost-effectively originate collateralizable assets (real estate, equipment, receivables, loan pools, etc.). Rather than offering a one-size-fits-all structure, they design bespoke solutions specific to the unique needs of our partners.
The Associate position is located in New York, New York.
About the Role:
The Associate will work as a core member of the Investment Team and contribute to a broad range of functions, including credit analysis, financial statement/model review, scenario modeling, deal execution, portfolio monitoring, and certain sourcing activities. They are looking for an individual passionate about fintech with a strong understanding of asset-backed corporate finance fundamentals.
Responsibilities:
- Underwrite investment opportunities utilizing collateral-specific credit analyses (e.g., building collections/charge-off curves, measuring loss coverages, calculating investment returns)
- Review diligence materials with a focus on evaluating and manipulating loan tapes to perform credit analysis
- Exhibit subject matter expertise across financial statement analysis and fixed-income transaction mechanics
- Work fluently with large and diverse datasets
- Prepare investment memos with strong attention to detail
- Participate in and support various aspects of the deal execution process
- Monitor portfolio companies to ensure accurate reporting and generate performance reviews
- Aid in deal sourcing by identifying emerging companies and organizing initial meetings
- Develop various pieces of marketing content to build the brand
Qualifications:
- Bachelor’s degree
- 3–5 years of experience across private credit investing, investment banking, debt capital markets / leveraged finance, structured / asset-based finance, restructuring
- Strong knowledge of credit underwriting and accounting principles
- Advanced Excel skills (Alteryx a plus)
Other desired skills:
- Strong written and verbal communication skills
- Highly organized with the ability to multi-task and manage priorities against key deadlines
- Must be able to work independently but contribute in a team-oriented environment
- Acute attention to accuracy and detail
- No ego
Preferred Degrees
Bachelor of Science,
Bachelor of Arts,
Bachelor of Business Administration
Preferred Certifications
N/A
Preferred Work Status
U.S. Citizen,
U.S. Permanent Resident (Green Card Holder)
Willingness to Travel
Yes
Carried Interest
No
Stock Options
No
If you are interested in learning more about this opportunity or applying for the position, please visit job #414 on our careers website.
