Our client is a Chicago-based private credit firm providing senior debt financing to lower middle market companies. They provide capital for acquisitions, refinancing, ownership transitions, and growth opportunities.
The firm is seeking an Associate/Senior Associate (based on experience) to join their team. The candidate will have a diverse set of responsibilities within the portfolio reporting and analysis area. The candidate will report to the Portfolio Reporting & Analytics Director and work directly with the investment, investor relations, and operations teams to provide timely updates on borrowers’ financial reporting metrics, conduct financial statement spreading and analysis, and to manage ongoing portfolio monitoring, including quarterly valuation reports of portfolio companies.
Responsibilities
- Monitor investments to identify changes in company fundamentals, industry conditions and security valuations
- Develop and maintain updated financial models and analyses, operating assessments, valuation guidance, industry overviews, and market information and report findings to the investment team and management committee
- Develop a firm understanding of credit and equity documents (e.g., credit agreements, subscription agreements, indentures, plans of reorganization)
- Apply strong credit judgment and analysis when evaluating financial performance and reporting from portfolio companies
- Knowledgeable in amendment tactics and structuring
- Portfolio coverage responsibilities of 20-25 accounts
- Compile regular reports for portfolio and risk management, and assist in day-to-day portfolio tracking analysis and reporting
Qualifications
- 2-4 years’ experience Associate and 5-7 years’ experience Senior Associate
- Commercial corporate lending, corporate credit ratings, corporate banking, direct/private lending, leveraged finance or underwriting
- Candidates without strong corporate credit analysis skills & background will NOT be considered.
- Bachelor’s degree required, a concentration in finance or economics preferred
- Strong knowledge & understanding of credit analysis, financial accounting/modeling, complex capital structures, high yield covenant packages and basic loan portfolio management and valuation
- Excellent verbal, written, and interpersonal communication skills
- Strong Excel/Microsoft Office skills
Preferred Degrees
Bachelor of Science,
Bachelor of Arts,
Bachelor of Business Administration,
Master of Business Administration
Preferred Certifications
Not Applicable
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 #421 on our careers website.
