Analyst (or Associate) - Direct Lending

Golub Capital•Chicago, IL

About The Position

The Middle Market Lending Team provides senior, one-stop and second lien loans to U.S. middle market companies, structuring financing solutions with hold positions of up to $700 million. The team also underwrites and syndicates senior credit facilities and a proprietary suite of GOLD (unitranche) facilities up to $2 billion. It has specialty teams focused on Consumer, Restaurant & Retail, Diversified Industries, Financial Services, Healthcare, and Software & Technology Services. The team’s work includes originating and underwriting loans and collaborating with other areas of the Firm to support seamless execution. The Analyst / Associate works with junior and senior underwriters to review new investment opportunities and monitor existing investments. The role spends more than 85% of its annual time on new deals and less than 15% on portfolio management. New-deal work includes assessing investment opportunities, preparing financial models and investment materials, conducting company and industry research, and helping coordinate closings. Portfolio work includes preparing reviews and covenant models, monitoring company and industry developments and financials, and assisting with amendment and waiver requests.

Requirements

Bachelor’s degree required, preferably with a major in Finance, Accounting, Economics, or a related financial subject area.
Outstanding record of academic achievement.
1 to 3 years of experience in leveraged credit or investment banking.
Strong analytical, financial modeling, and research skills.
Proficiency in Excel, Word, PowerPoint, and other software.
Demonstrated ability to use AI tools effectively in day-to-day work and critically assess the accuracy, limitations, and appropriate use of AI-generated outputs.
Enthusiasm for working in an office and contributing to a Gold Standard hybrid work culture.

Responsibilities

Assist the Underwriting Team in assessing new investment opportunities for the Firm.
Prepare investment and downside-case financial models.
Assist with preparing investment memoranda for presentation to the Investment Committee.
Prepare company, industry, and financial charts and analysis.
Conduct independent research on companies and industries using sources such as the internet, analyst reports, and public comps.
Assist in coordinating deal closings.
Assist in preparing portfolio reviews for existing investments, including historical and projected covenant models and written credit analysis of financial performance.
Review internal monitoring templates to ensure investment details are accurate.
Help manage accounts by monitoring industry events, company press releases, monthly and quarterly financials, and industry and company research reports.
Assist with processing amendment and waiver requests as necessary.
Perform other duties as assigned.