Leveraged Finance IB Credit Risk Senior Associate – Healthcare
About The Position
As a Senior Associate, Leveraged Finance Credit Risk – Healthcare in the Healthcare Leveraged Finance Credit Risk team, you support credit coverage for non-investment-grade and sponsor-backed clients across the United States healthcare industry. You manage and monitor a portfolio of leveraged issuers, underwrite leveraged buyouts and recapitalizations, and partner with the trading desk to approve hedging exposure. You also support documentation and legal negotiations and collaborate with our Asset-Based Lending Credit Team to deliver asset-backed lending solutions. Your work helps us balance risk and return while strengthening a culture of compliance and partnership.
Requirements
- Bachelor’s degree
- Completion of a major corporate bank credit training program or equivalent credit risk experience
- Minimum of 3 years of related experience in credit risk, leveraged finance, or corporate finance
- Strong accounting and corporate finance skills, including demonstrated analytical and financial modeling ability
- Proficiency in Microsoft Excel, PowerPoint, and Word, with the ability to produce concise, decision-ready materials
- Strong verbal and written communication skills, with the ability to collaborate effectively and perform under pressure
Nice To Haves
- Master of Business Administration (MBA) or Chartered Financial Analyst (CFA) designation
- Familiarity with rating agency methodologies and stress testing practices
- Experience with asset-based lending structures, borrowing base analysis, and collateral due diligence
- Knowledge of loan and derivatives products, documentation, and structuring
- Experience negotiating legal documents associated with credit products
- Familiarity with borrowers operating in the healthcare industry
Responsibilities
- Manage and monitor a portfolio of client and credit exposures across the United States healthcare industry
- Track exposure across loans, revolving facilities, term loans, letters of credit, asset-based lending facilities, and derivatives to support compliance with limits, covenants, and internal risk appetite
- Perform scenario analysis and stress testing on leverage, liquidity, and cash flow resilience
- Develop independent credit opinions and recommendations based on client performance and transaction structure
- Build and review pro forma capital structures and cash flow projection models to assess debt capacity, deleveraging, interest coverage, liquidity, and covenant headroom
- Lead credit due diligence for clients and capital markets transactions, including coordinating third-party reports, management meetings, and site visits
- Coordinate with Payments, Payments Risk, and Implementation teams to align product structures, collateralization and guarantees, and documentation with credit appetite
- Partner with Global Corporate Banking Coverage, Debt Capital Markets, Investment Banking Coverage, and Payments teams to deliver integrated client solutions
- Maintain ongoing credit monitoring and documentation awareness, including exposure, compliance status, and credit research
Benefits
- comprehensive health care coverage
- on-site health and wellness centers
- a retirement savings plan
- backup childcare
- tuition reimbursement
- mental health support
- financial coaching
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
