Associate, Credit Analysis

CIM Group • Chicago, IL

4d • Onsite

About The Position

Position will research and analyze the assigned industries, to identify potential investment opportunities and monitor existing investments in the Broadly Syndicated Loan Market. OFS is a registered investment adviser providing capital and leveraged finance solutions to U.S. corporations on behalf of its advisory clients. For more than 25-years, OFS has developed a disciplined approach to provide reliable, innovative, and flexible credit solutions to U.S.-based businesses that are underserved by traditional lenders. OFS provides flexible debt financing to support recapitalizations, leveraged buyouts, and growth capital. OFS is an affiliate of CIM Group.

Requirements

• Bachelor’s degree in business, finance or related field of study.
• 2 to 5 years of experience in credit markets, including formal credit training, financial analysis and modeling.
• Demonstrated understanding of GAAP principles/financial analysis/valuation/modeling.
• Ability to forecast/project based on drivers of applicable business.
• Demonstrated ability to interpret/analyze Quality of Earnings reports; understand/opine on Adjustments to EBITDA.
• Ability to perform Discounted Cash Flow Analysis/NPV analysis.
• Ability to assess Relative Value, based on yield calculations, internal/external ratings considerations, and credit metrics.
• Ability to interact with outside institutions in professional manner, seeking guidance from research analysts/market color from capital markets professionals.
• Ability to write correspondence and/or reports.
• Ability to effectively present information to customers, clients and other employees of the organization.
• Ability to read, analyze and interpret financial reports and/or legal documents.
• Demonstrated competence with respect to overall macro factors and subsector trends/allocations.
• Demonstrated competence with Microsoft Excel, Word, PowerPoint.
• Demonstrated competence/curiosity with Artificial Intelligence (CoPilot, Claude, GPT, etc).
• Demonstrated competence in use of Bloomberg, Capital IQ.
• Demonstrated competence with Moody’s/S&P online platforms for ratings/industry analysis.
• Ability to learn/adapt to technological platforms OFS employs on proprietary basis.

Nice To Haves

• Broadly syndicated loan market experience preferred but not necessary.
• Prior investment banking experience a plus.
• CPA, CFA and/or MBA a plus.

Responsibilities

• Monitor respective investments in the Business Services sector within the leveraged loan market.
• Present written analysis on individual credits including but not limited to; identification of strengths/weaknesses, mitigants to weaknesses, business outlook, industry dynamics, company management, deal sponsor, capital structure, key credit agreement terms, collateral profile, cash flow projections/sensitivity analysis, comparable analysis, and relative value.
• Research investments incorporating fundamental analysis of companies within the leveraged loan space.
• Building/maintaining financial models, preparing written investment memoranda and quarterly/annual portfolio management reports.
• Assist in preparation of sector presentations on a periodic basis, providing current state of industry, company comparisons, valuations, new ideas, trends, etc. to the Investment Committee.
• Maintain high level of knowledge on current/evolving industry trends and monitor primary and secondary credit market activity in the leveraged loan/high yield space via networking/conversation with research analysts, third parties, and colleagues within the leveraged loan space.

Benefits

• A variety of Medical, dental, and vision benefit plans
• Health Savings Account with a generous employer contribution
• Company paid life and disability insurance
• 401(k) savings plan, with company match
• Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
• Up to 16 hours of volunteer time off
• Up to 16 weeks of Paid Parental Leave
• Ongoing professional development programs
• Wellness program, including monthly and quarterly prizes

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level