Director, Specialty Finance Credit

Yieldstreet•New York, NY

6d•$200,000 - $230,000•Onsite

About The Position

Willow Wealth allocates client capital to a curated set of credit-focused sub-advisors and direct relationships across specialty finance / asset-backed lending (aircraft, consumer, equipment, art, legal, life settlements, receivables, CLO, CRT, CMBS, commercial real estate, residential real estate, mortgage-related securities, structured credit), and other specialty finance sectors. We are hiring a Director, Specialty Finance Credit to be Willow Wealth's independent credit voice on these strategies. This is not an origination seat; it is a re-underwriting seat. You will take investment recommendations produced by our sub-advisors and independently evaluate the credit case and the fit of the investment for our platform.

Requirements

5–10 years of experience in specialty finance and asset-backed lending underwriting
Bachelor's degree in finance, economics, accounting, or a related quantitative discipline
Quantitative skills and ability or willingness to implement AI tools to enhance productivity and quality of analysis
Independent thinker who is comfortable disagreeing, respectfully, with a sub-advisor's credit case - and comfortable changing their mind when the evidence warrants
Intellectual flexibility across corporate cash-flow credit, asset-backed structures, and dislocated liquid credit
Collaborative, low-ego team players who leave the firm smarter than they found it
Operators at heart - comfortable engaging management teams, sub-advisors, and servicers
A disciplined underwriter who can say no: our selectivity bar is high and downside protection is the first consideration
Excellent communication skills

Nice To Haves

Returnship / Return to Work Program available: If you have 5+ years of experience but have taken a 2-year or longer hiatus from your career in specialty finance or ABL investing, we welcome your application for this role

Responsibilities

Scrutinize sub-advisors’ underwriting independently
Interrogate structure: pressure-test structural elements of each deal
Generate recommendations for the firm: you will advise the Investment Committee to accept or reject the recommendation or require additional information from the sub-advisor
Diligence the managers, not just the deals: evaluate sub-advisors as ongoing relationships - underwriting standards, loss and recovery experience, portfolio construction, workout track record, and style drift
Source additional sub-advisors to broaden Willow Wealth's deal flow
Monitor and manage: Work with portfolio analytics team with respect to ongoing monitoring for assigned positions - KPIs, covenant compliance, borrowing-base reporting - and lead watchlist and workout analysis with the sub-advisor when positions deteriorate