Associate - Private Credit

Futura Search Partners; New York (NY); Sur place; USD 110 000 - 190 000; Plein temps

Résumé du poste

Futura Search Partners is seeking a hands-on investment professional to join a private credit team in New York. You will underwrite secured credit opportunities, build models and present recommendations to the Investment Committee.

You will work directly with borrowers and management teams, run diligence, monitor post-close performance and contribute to origination and networking within the firm’s referral network.

Qualifications

• 2–4 years in private credit, Consulting, restructuring, debt advisory or investment banking.
• Strong credit judgement and modelling, with the ability to build from a blank page.
• Comfortable with complex situations where the information is incomplete and the answer isn’t in a comparable transaction.
• Directly commercial: you will spend time in front of management teams, not only advisors.
• Clear writing, since credit memoranda are a primary output.

Responsabilités

• Underwrite secured credit opportunities across sectors, building the models, the thesis and the downside cases.
• Run diligence with management teams: financials, collateral, customers, contracts and the real drivers of repayment.
• Analyse asset coverage and borrowing base structures where relevant.
• Prepare Investment Committee memoranda and present recommendations.
• Support structuring, term sheet negotiation and documentation alongside counsel, through to close.
• Monitor portfolio positions post-close: covenant compliance, borrower performance, amendments and workout situations where they arise.
• Contribute to origination, screening inbound opportunities and maintaining relationships across the firm’s referral network.

Connaissances

Credit analysis

Financial modelling

Client interaction

Investment thinking

Description du poste

Futura Search Partners is working on this search with an established private credit manager investing across the US lower middle market. The firm provides secured debt to businesses in growth or transition, and has a long track record of structuring transactions that don’t fit a standard template.

The role

A core investment seat on a lean team. You will underwrite and execute transactions end to end, with direct exposure to borrowers and management teams.

What you’ll do

• Underwrite secured credit opportunities across sectors, building the models, the thesis and the downside cases.
• Run diligence with management teams: financials, collateral, customers, contracts and the real drivers of repayment.
• Analyse asset coverage and borrowing base structures where relevant.
• Prepare Investment Committee memoranda and present recommendations.
• Support structuring, term sheet negotiation and documentation alongside counsel, through to close.
• Monitor portfolio positions post-close: covenant compliance, borrower performance, amendments and workout situations where they arise.
• Contribute to origination, screening inbound opportunities and maintaining relationships across the firm’s referral network.

What we’re looking for

• 2–4 years in private credit, Consulting, restructuring, debt advisory or investment banking
• Strong credit judgement and modelling, with the ability to build from a blank page.
• Comfortable with complex situations where the information is incomplete and the answer isn’t in a comparable transaction.
• Directly commercial: you will spend time in front of management teams, not only advisors.
• Clear writing, since credit memoranda are a primary output.

Nice to have

• Asset-based lending or specialty finance.
• Distressed, workout or restructuring experience.
• Unitranche, bridge, delayed-draw or second lien structures.