Associate, ABL Credit Underwriting

American Consulting And Recruiting LLC; New York (NY); Hybrid; USD 110,000 - 150,000; Full time

Benefits offered by this job

Excellent culture

Career growth

Benefits

Job summary

Growing Credit Asset Manager seeks an Analyst in NYC to underwrite, structure, and manage credit risk across a diverse portfolio. You will evaluate transactions, build complex cash flow models, and help negotiate terms to optimize risk-adjusted returns.

The role requires strong communication skills, attention to detail, and collaboration with senior management, investment committees, and portfolio teams. Hybrid work in Midtown NYC with growth opportunities.

Qualifications

• 3+ years of asset-based lending, securitized lending, or forward financing.
• Advanced understanding of financial analysis and credit underwriting.
• Strong ability to build and review complex financial models.
• Thorough knowledge of credit agreements, covenants, and loan docs.
• Excellent written and verbal communication for senior stakeholders.
• Strong attention to detail and ability to coordinate across teams.

Responsibilities

• Perform credit analysis and due diligence for prospective transactions.
• Develop and review cash flow and financial models for risk/return.
• Assist with negotiating key transaction terms and covenants.
• Prepare credit memoranda and present to senior management and investors.
• Run stress-testing and communicate risks to leadership.
• Oversee ad hoc analyses and respond to internal/external stakeholders.
• Monitor market conditions and regulatory developments affecting portfolios.

Skills

Credit underwriting

Financial modeling

Asset-based lending

Excel

PowerPoint

Portfolio risk management

Communication

Tools

Excel

PowerPoint

Financial databases

Job description

Title: Analyst, Asset-Based Lending Credit Underwriting

Location: Midtown, NYC 4x a week

Firm: Growing Credit Asset Manager, >$2 billion AUM

Excellent culture, career growth, and benefits!

Position Summary

The Analyst of Credit will be underwriting, structuring, and risk management of the Company’s credit investments and financing transactions, including asset-based wholesale facilities, forward-flow arrangements, and other private equity and private credit transactions. The analyst will be evaluating prospective transactions, executing deals, and managing credit risk across the Company’s portfolio.

Key Responsibilities

• Perform credit analysis and due diligence for prospective transactions, evaluating borrowers’ financial statements, cash flows, business models, capital structures, and overall creditworthiness, while leveraging a high-performing team of credit professionals.
• Develop and review of cash flow and financial models used to assess credit risk, expected returns, and transaction economics, ensuring models are sufficiently flexible to support transaction structuring and optimize risk-adjusted returns.
• Assist with the development and negotiation of key transaction terms, including advance rates, eligibility criteria, portfolio concentration limits, collateral performance requirements, and financial covenants, to appropriately manage borrower- and transaction-level risk.
• Prepare and present comprehensive credit memoranda and other transaction materials outlining key findings, risks, mitigants, and recommendations to senior management, investment and credit committees, and investors.
• Perform stress-testing frameworks, establish downside and break-even scenarios, and communicate results and emerging risks to senior leadership and relevant committees.
• Oversee ad hoc analyses and deliverables for internal and external stakeholders, leveraging comprehensive portfolio knowledge to provide timely, thoughtful, and consistent responses.
• Monitor market conditions, industry trends, and regulatory and legal developments that may affect the Company’s borrowers, transactions, and overall portfolio.

Required Experience & Skills

• 3+ years of experience in asset-based lending, securitized lending, and/or forward financing
• Advanced understanding of financial analysis and credit underwriting, with demonstrated ability to evaluate balance sheets, income statements, cash flows, capital structures, and other key credit metrics.
• Strong financial modeling capabilities, including experience building, reviewing, and maintaining complex models used to assess investment performance, transaction economics, and credit risk.
• Thorough understanding of credit agreements, loan documentation, covenants, and other legal and structural considerations relevant to credit transactions.
• Excellent written and verbal communication skills, with the ability to synthesize complex financial and credit considerations and communicate them effectively to senior stakeholders.
• Exceptional attention to detail, project management, and organizational skills, with the ability to manage multiple priorities and effectively coordinate across levels of the organization in a fast-paced environment.
• Advanced proficiency in Microsoft Excel and PowerPoint; experience with financial databases, portfolio management systems, or other credit-related technology is a plus.