Private Credit Underwriter — Lead Diligence & IC Memo

Bonfirevc; New York (NY); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Fully funded medical coverage

Job summary

Hum Capital, an AI-powered direct lender for the lower middle market, seeks a Private Credit Underwriter to own loans from term sheet to portfolio. You will turn diligence, financial analysis and deal terms into concise, decision-ready credit memos for the Investment Committee.

Located in New York City or Chicago, you will analyze cash flow, leverage, covenants and structure, lead diligence and use AI tools to validate borrower performance and accelerate analysis.

Qualifications

• 5–10 years of credit underwriting experience in private credit, direct lending, commercial banking or specialty finance.
• Demonstrated record of authoring credit approval memos presented to an investment or credit committee.
• Strong financial statement, cash flow and covenant analysis skills; advanced Excel modeling.
• Working knowledge of senior secured loan documentation: credit agreements, security agreements, guaranties and intercreditor terms.
• Problem credit recognition and experience with amendments, forbearances or workouts.
• Exceptional written communication
• Bachelor's degree in finance, accounting, economics or a related field.

Responsibilities

• Prepare concise executive summaries and term sheet comparisons for IC and senior management.
• Present a clear credit thesis: business model, sources of repayment, key risks, mitigants and recommended structure.
• Analyze historical and projected financial statements, cash flow, liquidity, leverage and debt service capacity.
• Build and stress-test downside cases; size facilities against cash flow and collateral coverage.
• Lead diligence workstreams: management calls, quality of earnings, customer concentration, collateral and field exams.
• Use Hum's proprietary data and AI underwriting tools to validate borrower performance and accelerate analysis.

Skills

Credit underwriting

Financial statement analysis

Excel modeling

Written communication

Diligence leadership

Education

Bachelor's degree in finance, accounting, economics or related field

MBA or CFA (preferred)

Tools

Excel

AI underwriting tools

Data platforms

Loan documentation knowledge

Job description

Hum Capital, an AI-powered direct lender for the lower middle market, seeks a Private Credit Underwriter to own loans from term sheet to portfolio. You will turn diligence, financial analysis and deal terms into concise, decision-ready credit memos for the Investment Committee.

Located in New York City or Chicago, you will analyze cash flow, leverage, covenants and structure, lead diligence and use AI tools to validate borrower performance and accelerate analysis.