Senior Associate or Vice President, Investments

Prove Partners•Delray Gardens, FL

8d•Remote

About The Position

The Senior Associate or Vice President, Investments (the “Investment Professional”) is a core member of PROVE Partner’s parent company Allira’s investment team. The role supports the full transaction lifecycle for Allira’s non-single-event business lines: bulk purchases of medical lien receivables, acquisitions of pre-settlement funding portfolios, and attorney lending. The Investment Professional will source, underwrite, structure, and execute transactions and manage resulting assets through resolution. Vice President candidates are expected to lead transactions with greater independence and help develop junior team members. Working directly with the Executive Vice President of Investments, the Investment Professional will support pipeline management, portfolio-level due diligence, cash flow modeling, investment committee materials, legal documentation, asset boarding, and ongoing performance monitoring. The role collaborates with Finance, Legal, Servicing, Sales, and institutional capital partners to ensure transactions are appropriately structured, operationally executable, and aligned with Allira’s return targets. This is a hands-on, high-growth opportunity to build expertise in a cash flow-based asset class and help scale Allira’s litigation finance investment platform. Title and compensation will be commensurate with experience.

Requirements

3–5 years of direct experience for Senior Associate candidates, or 5–7 years for Vice President candidates, in structuring, underwriting, or executing financial transactions.
Strong quantitative, financial modeling, and analytical skills, including experience building cash flow models and analyzing portfolio-level data such as static pools, collection curves, and concentrations.
Working understanding of risk-adjusted return analysis, asset performance monitoring, and transaction structuring.
Experience drafting investment memoranda and reviewing financing structures and associated legal agreements.
Strong attention to detail, commercial judgment, and ability to manage multiple transactions simultaneously in a fast-paced environment.
Clear written and verbal communication skills and ability to engage credibly with counterparties, capital partners, and senior leadership.
Advanced proficiency in Microsoft Excel, Word, and PowerPoint.
Experience using AI tools such as Copilot, ChatGPT, or Claude as an everyday part of the workflow for analysis, drafting, and research.
Bachelor’s degree required.

Nice To Haves

Experience in asset-based finance, specialty finance, structured credit, or receivables investing at an investment bank, private credit fund, asset manager, specialty finance company, or similar institution.
For Vice President candidates, a demonstrated track record of independently leading transactions from sourcing through closing.
Familiarity with litigation finance, medical receivables, pre-settlement funding, law firm lending, or adjacent esoteric asset classes.
Experience with SQL, Power BI, Salesforce, or similar tools.

Responsibilities

Work with sales, brokers, and referral sources to convert prospective medical providers, pre-settlement funders, and law firms into closed transactions.
Screen inbound bulk receivable, portfolio purchase, and attorney lending opportunities against investment criteria and return thresholds.
Manage the pipeline of active opportunities, tracking status, data requests, and next steps.
Prepare marketing materials, indicative pricing, and preliminary analyses for prospective counterparties.
Participate in prospect and client meetings, including periodic travel to counterparties.
Conduct portfolio-level due diligence on medical lien receivables and pre-settlement portfolios, including concentration analysis by law firm, provider, state, case type, and modality.
Build and maintain static pool, collection curve, duration, and cash flow models to project returns and downside scenarios.
Perform corporate, principal, and guarantor diligence on medical providers, pre-settlement funders, and law firms for attorney lending facilities.
Analyze historical reduction, write-off, and resolution timing data to validate underwriting assumptions and pricing.
Coordinate legal, servicing, and operational diligence with internal teams and outside counsel.
Review case-level data, lien documentation, and servicing files to assess collateral quality and enforceability.
Draft term sheets and proposals for outright purchases, forward flow arrangements, lines of credit, and non-recourse advances with upside-sharing or promote features.
Prepare investment committee memoranda and return models for transaction approval.
Support negotiation of definitive documentation, including purchase agreements, credit agreements, and servicing agreements, in coordination with Legal.
Facilitate asset boarding, funding mechanics, and treasury coordination at closing.
Support post-closing go-forward fundings, re-underwrites, audits, and amendments.
Monitor acquired portfolios and attorney lending facilities, including paydown timing, collections, covenant compliance, and realized versus underwritten outcomes.
Maintain portfolio reporting on yield, MOIC, IRR, vintage trends, and concentration by counterparty, law firm, provider, and geography.
Identify emerging risks and underperformance trends and help develop remediation plans with Servicing and Legal.
Prepare materials for regular portfolio reviews with leadership and support borrowing base and capital partner reporting with Finance.
Support investor and lender diligence requests related to portfolio performance and asset quality.
Build and maintain underwriting templates, return models, and decision-support tools across bulk receivables, pre-settlement, and attorney lending.
Improve feedback loops between origination, underwriting, Servicing, and realized performance.
Support development of portfolio analytics, scenario analysis, and forecasting frameworks.
Use AI tools in daily work to accelerate diligence, modeling, memo drafting, and data analysis, and identify and help implement process-improvement, automation, and AI opportunities.
Establish and cultivate long-term relationships with medical providers, pre-settlement funders, law firms, brokers, and institutional capital partners.
Coordinate across Sales, Legal, Servicing, and Finance to support counterparties from sourcing through post-closing.
Foster coordination across business lines and contribute to a collaborative, data-driven team culture.