Associate - Lender Due Diligence

Great American Holdings LLC•Chicago, IL

6h•Hybrid

About The Position

GA Group is seeking a Field Examiner to join its collaborative Field Examination team. The team assists banks, private equity firms, hedge funds, and factors in structuring asset-based loans. It analyzes existing and prospective borrowers’ collateral records and financial reports to determine collateral values that support asset-based loans. The work can materially affect client companies and lending institutions. The role is hybrid, with an expectation to work from the Chicago, Illinois office 2–3 days per week, and may require travel for client visits.

Requirements

Bachelor’s degree in Accounting or Finance.
At least 2 years of experience in financial services, lending, transaction advisory services, auditing, or demonstrated ability to produce high-quality financial analysis.
Advanced knowledge of income statements, balance sheets, and relevant accounting concepts.
Strong attention to detail, time-management, planning, and analytical skills.
Excellent written and verbal English communication skills.
Excellent knowledge of Microsoft Excel operations.
Strong computer skills, including Microsoft Office applications and other office software products in a Windows environment.
Ability to work in the Chicago office and travel as needed for client visits.

Nice To Haves

Experience in financial collateral examination.

Responsibilities

Perform in-depth testing and analysis of collateral, generally accounts receivable and inventory, securing loans to potential or existing borrowers to verify existence and identify and highlight collateral weakness or deterioration.
Assist in preparing field examination reports and supporting workpapers that communicate findings, material variances, conclusions, and recommendations on potential mitigants.
Participate in management interviews at subject companies to gain insight into their financial, collateral, and operational management.
Set priorities and work in an organized manner while managing multiple moving deadlines.
Build, maintain, and manage effective relationships and communication with subject companies throughout the field examination process.
Ensure effective and consistent internal communication and coordination within the examination team, keeping all members up to date.
Perform site visits as needed; travel could represent up to 20% per month.
Participate in client meetings and report deliveries as needed.