Senior Associate, Credit

Mainshares • Austin, TX

56d

About The Position

We’re on a mission to revive the American Dream by allowing a million Americans to have a stake in it. We do that by acquiring and growing small businesses alongside talented operators and mission-driven investors across the country. We believe that small business ownership is critical to creating wealth, jobs, and a sense of community in our country. By continuing the legacy of America’s best small businesses, we’re preserving our nation’s critical asset with a model that allows more people to share in a piece of the American Dream. We’re looking for a Senior Associate to lead credit underwriting and monitoring for small business acquisitions at Mainshares. Roughly 70% of time will be spent on underwriting new acquisitions, and 30% of time will be spent on portfolio monitoring.

Requirements

• Bachelor’s degree required, preferably with a major in finance, accounting, economics or related financial discipline
• 5+ years of industry experience, with at least 2 spent in a credit investing role at a bank or non-bank lender
• Experience structuring and evaluating investments across credit and structured equity
• Strong Excel modeling and written skills

Nice To Haves

• Experience in a direct lending capacity to lower middle market sponsors.
• Willing to relocate to Austin, TX.

Responsibilities

• Work closely with the Acquisitions team on assessment of new opportunities
• Run point on credit underwriting, working in close collaboration with our acquisitions and investments team to complete due diligence
• Lead the preparation and presentation of credit memorandums to Mainshares’ Credit Committee
• Monitor asset performance on a monthly basis, reviewing covenant compliance, meeting with the relevant owner success manager(s), and keeping our reporting & loan tape current
• Perform quarterly portfolio reviews including analyzing historical and projected performance, risk assessments, and covenant compliance calculations
• Partner with senior leadership on capital allocation and deployment pace

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees