Strategic Portfolio Risk & Credit Associate

Jefferies; New York (NY); On-site; USD 110,000 - 170,000; Full time

Job summary

Jefferies seeks a Portfolio Associate to support management and monitoring of a diverse portfolio of leveraged and corporate loan exposures. You will collaborate with Underwriting, Leveraged Finance, Capital Markets, and Relationship Management to assess credit performance and risks across the life of transactions.

The role requires strong credit/financial statement analysis, with experience in non-investment grade lending, complex loan structures, and robust financial modeling.

Qualifications

• 2–5 years of experience in Commercial Banking, Leveraged Finance, or Asset-Based Lending (ABL).
• Experience analyzing non-investment grade and leveraged borrowers.
• Strong understanding of commercial loan structures and credit documentation.
• Familiarity with revolvers, term loans, ABL facilities, and covenant packages.
• Financial modeling and credit underwriting experience.
• Bachelor’s degree in Finance, Accounting, Economics, or related field.

Responsibilities

• Monitor the ongoing credit performance of a portfolio of middle-market and large corporate borrowers.
• Analyze quarterly and annual financial results, operating trends, liquidity, leverage, and cash flow performance.
• Identify and elevate emerging credit risks, industry developments, and covenant compliance concerns.
• Maintain risk ratings and recommend changes based on evolving borrower fundamentals.
• Participate in annual reviews, portfolio reviews, watchlist discussions, and risk committee presentations.
• Build and maintain detailed financial models.
• Perform cash flow, liquidity, leverage, and debt service coverage analysis.
• Conduct comparable company and capital structure analyses.
• Assess borrower repayment capacity and downside risk scenarios.
• Review management projections and variance-to-plan reporting.

Skills

Credit analysis

Financial statement analysis

Commercial lending

Analytical thinking

Communication

Presentation skills

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Tools

Excel

Bloomberg

Capital IQ

FactSet

Job description

Jefferies seeks a Portfolio Associate to support management and monitoring of a diverse portfolio of leveraged and corporate loan exposures. You will collaborate with Underwriting, Leveraged Finance, Capital Markets, and Relationship Management to assess credit performance and risks across the life of transactions.

The role requires strong credit/financial statement analysis, with experience in non-investment grade lending, complex loan structures, and robust financial modeling.