Associate - Asset Based Lending

Our client offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients. You’ll be joining a team where individuality isn’t just accepted, it’s encouraged. They’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer. They give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. And with their global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

About the position:

The Asset-Based Lending Team based in LA is seeking an Associate/ Underwriter and Portfolio Manager. This is a critical position that provides support on the screening and underwriting of new business transactions while also assisting with the management of the portfolio.

About the department:

The Asset-Based Lending team provides senior secure financing to leveraged issuers consisting of both privately owned and public companies.

Responsibilities:

• Assist in the underwriting of new business transactions with together with a Vice President and/or Director;
• Collaborate with Risk Management and Loan Operations.
• Contribute to the preparation of client marketing presentations as well as internal presentations as needed.
• Assist with KYC diligence and processing.
• Prepare operating and LBO models, comp sheets, rating models, economic return models, and collateral documents.
• Oversee maintenance of credit files and loan documentation.
• Ongoing portfolio management responsibility for a group of selected accounts – monitoring and tracking credit performance, executing amendment requests, etc;
• Assume key role in preparation of initial screening memos and credit approval packages, including due diligence, financial modeling, and credit documentation review for new transactions;

Qualifications and Competencies

Qualifications

• 3 years of relevant ABL and/or cash flow/leveraged finance experience
• Progress towards a CFA or CPA is a plus
• A Bachelor’s or Master's Degree in Finance, Accounting, Business, Economics, Mathematics or closely related quantitative field
• Asset-Based Lending background not required, but is a plus
• High proficiency in MS Office (Excel, Word, PowerPoint): The individual will possess excellent excel skills and be able to expeditiously build a fully-functional dynamic, financial model
• Credit training is a positive
• Deep understanding of GAAP accounting principles and comfort with core financial statements (income statement, cash flow statement and balance sheet)
• Fundamental understanding of the capital markets and debt products

Competencies

• You are highly detail oriented and able to handle several projects at a time in a fast-paced environment
• You are a standout colleague and an exceptional teammate
• Strong written and verbal communication skills
• You are a driven individual with ability to work under limited direct supervision

Base salary range: $120K-$155K