Associate, Fund & Specialty Finance

Customers Bank • Malvern, PA

1d

About The Position

The Fund Finance Associate supports the Fund and Lender Finance team and provides ongoing portfolio management support for the team’s lending activities. The role works closely with senior investment professionals throughout the transaction lifecycle, from opportunity evaluation and due diligence through structuring, credit approval, execution, and ongoing portfolio management. The associate analyzes and summarizes the creditworthiness of clients and prospects, using credit and market analysis that may include cash flow analysis and modeling, capitalization, industry research, credit policy, and legal documentation. The role also prepares credit approval memos, performs annual loan reviews, and supports loan syndication efforts. It collaborates with Senior Relationship Managers and Client Coverage, Credit, Loan Operations, Treasury Services, and AML/KYC teams.

This is intended as a developmental role for early-career individuals pursuing Portfolio Management, and may also provide a path toward Relationship Management, Credit, or other Commercial roles within the Bank. The position can potentially advance to a Portfolio Manager role. The associate must be legally eligible to work in the United States without sponsorship, now or in the future.

Requirements

• 3–5 years of banking experience in private credit.
• Bachelor’s degree in Finance, Accounting, or a related field.
• High level of attention to detail.
• Strong analytical skills and sound judgment.
• Ability to manage several transactions at once in a fast-paced environment.
• Ability to build effective working relationships with colleagues across the Bank.
• Financial modeling skills and strong credit skills.
• Strong communication skills.
• Ability to work with the Microsoft Suite and learn and work with other Customers Bank applications.
• At least 2 years of demonstrated proficiency in the Microsoft Office suite, with advanced Excel skills for financial modeling in particular.
• Must be legally eligible to work in the United States without sponsorship, now or in the future.

Nice To Haves

• Prior Lender Finance or Fund Finance experience.
• Background in investment banking, transaction advisory, or commercial banking.
• Completion of a formal commercial credit training program.
• Familiarity with AI and automation tools that support productivity, workflow efficiency, and client engagement.

Responsibilities

• Gather and analyze financial and business information to determine creditworthiness for Fund Finance credit products.
• Complete financial spreads, risk ratings, compliance testing, and other portfolio monitoring and maintenance activities.
• Provide underwriting support to Bankers and Relationship Managers, including financial statement and collateral analysis, financial modeling, industry and business risk evaluation, and management assessment.
• Conduct credit underwriting and due diligence on prospective transactions, including meetings with portfolio company management teams and private equity sponsors.
• Build operating and LBO-style models to test borrower performance under a range of operating and capital structure scenarios.
• Contribute to credit approval memos describing the borrower’s business, industry dynamics, and financial results, and present recommendations to senior professionals and credit committees.
• Support ongoing monitoring of existing exposures, including quarterly financial reviews, covenant compliance, amendment requests, liquidity assessments, risk rating recommendations, and valuations.
• Collaborate with internal partners, including Senior Relationship Managers and Client Coverage, Credit, Loan Operations, Treasury Services, and AML/KYC teams.
• Perform other duties as assigned.

What This Job Offers

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