Senior Associate/AVP: Asset-Backed Finance, Alternative Credit Solutions Group (NY)
Monroe Capital LLC•New York, NY
•$125,000 - $180,000•Hybrid
About The Position
Monroe Capital is seeking an Asset-Backed Finance (ABF) Senior Associate/AVP in New York, NY to assist in the underwriting, due diligence, closing and asset management of asset backed credit investments. Monroe originates and/or acquires first lien term loans, B-notes, mezzanine loans and preferred equity in a variety of asset-based credit opportunities including consumer loans, equipment leasing, digital infrastructure, and legal finance, among others. Monroe targets an average deal size of between $50 million to $300 million and returns in the low-teens and higher.
Requirements
- 4-year degree from a top university/college
- Minimum of 4-8 years of relevant experience in asset-backed finance, investment banking and/or finance
- Strong understanding of asset level and corporate analysis including quantitative analysis
- Proficiency in Excel, Word and PowerPoint (including strong modeling skills)
- Ability to leverage artificial intelligence for research, presentations/content creation and data analysis
- Excellent written and verbal communication skills
- Team player, ability to work independently, strong integrity/ethics, attention to detail, ownership mentality
- Desire to assist with occasional non-real ABF opportunistic credit transactions based on staffing needs
Responsibilities
- Review and underwrite new asset-based credit transactions
- Create and maintain excel models to perform asset-based cash flow, corporate and valuation analyses
- Prepare initial deal screens and full investment committee presentations
- Perform market research and other legal diligence including review of credit agreements, intercreditor agreements, forward flow agreements, key contracts, etc.
- Engage with third-party diligence providers
- Assist with quarterly valuation, fund reporting and investor requests
- Support senior members of the team with term sheet construction
- Assist with portfolio asset management
- Maintain ABF deal pipeline
- Other ad hoc analyses and/or presentations as needed
Benefits
- 401(k) eligibility
- various paid time off benefits such as vacation, sick time and parental leave
- full range of medical, financial and / or other benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
