Vice President, Credit

BasePoint Group Inc.; New York (NY); On-site; USD 180,000 - 240,000; Full time

Job summary

BasePoint Group Inc. is seeking a VP of Credit in New York to lead underwriting, structuring, and risk management of credit-related transactions across asset-based facilities, forward flows, and related private credit deals.

You will supervise credit professionals, develop cash flow models, and present detailed memos to senior management and investors, shaping portfolio strategy in a fast-paced environment.

Qualifications

• Lead underwriting and due diligence on borrowers.
• Develop cash flow and financial models for risk/return assessment.
• Lead the development of deal terms including covenants and advance rates.
• Present detailed credit memos and recommendations to leadership and investors.
• Design stress testing and monitor results for portfolio risk.

Responsibilities

• Lead underwriting and risk management of credit-related transactions.
• Oversee and develop a team of credit professionals.
• Present credit memos and recommendations to senior management and investors.
• Stay informed on market conditions and regulatory developments impacting portfolio.

Skills

Credit underwriting

Financial modeling

Cash flow analysis

Financial statements analysis

Credit agreements & covenants

Stress testing

Team leadership

Communication skills

Education

Bachelor's degree in Finance/Economics/Accounting

Tools

Microsoft Excel

PowerPoint

Financial databases

Job description

Company Overview

Founded in 2011, BasePoint is an asset-based finance platform specializing in short-duration, high-cash-flow receivables from consumer finance, small business, and fintech originators. As traditional banks continue retrenching, we seek to close the widening financing gap for middle-market companies in under-banked sectors. Since inception, BasePoint has deployed more than $15.4 billion across over 170 transactions, establishing a leading position in specialty lending. With the launch of BasePoint Advisors, the SEC registered investment management affiliate in 2021, investors gained diversified access to our loan originations, representing $2.9 billion in AUM of the $5.8 billion outstanding today in total firm facilities. Our team combines deep institutional expertise in asset-based lending, whole-loan sales, servicing, and securitization with a disciplined, risk-focused approach to financing the real economy through creative lending solutions. At BasePoint, we foster a collaborative, team-driven culture built on integrity, accountability, and a shared commitment to creating lasting value and impact.

Job Overview

The VP of Credit, will lead the underwriting, structuring, and risk management of credit-related transactions of the Company, including asset-based wholesale facilities, forward flows and other private equity and private credit-related transactions. This role involves overseeing and managing teams of credit professionals and direct responsibility for evaluating potential transactions and managing the credit risk of the Company’s portfolio. This role is ideal for a highly motivated individual interested in operating independently and taking ownership of deals, supervising a high-performing team of credit professionals, and developing a managerial level skillset in the private credit industry. [JG1] [LR2]

Job Requirements

• Lead the credit analysis and due diligence on borrowers for potential transactions, including assessing financial statements, cash flows, business models and the capital structures of target companies, leveraging a team of high-performing credit professionals.
• Guide the development of cash flow and financial models used to evaluate credit risk and potential returns on new and existing investments resulting in a flexible model used to structure the transaction and achieve appropriate risk and returns.
• Lead the development of key deal terms, such as advance rates, eligibility criteria, portfolio concentrations, collateral performance covenants, financial covenants, to mitigate risks associated with each borrower and transaction.
• Present detailed credit memos and other deliverables summarizing findings and recommendations for senior management, relevant committees, and investors.
• Design and execute stress testing frameworks, determine break points, and monitor and communicate results to senior leadership and relevant committees.
• Prepare responses to ad-hoc deliverables for internal and external parties leveraging portfolio knowledge with a systematic approach to responses.
• Manage and develop a team of analysts and associates, establishing timelines, channels of communication, providing feedback and assessing overall performance.
• Stay informed about market conditions, industry trends, and legal developments that may impact the Company’s portfolio and borrowers.

Required Experience & Skills

• 5-8 years of experience in private credit, leveraged finance, securitizations and/or a related financial services role.
• Advanced level understanding of financial analysis and credit underwriting, with the ability to assess company financials (balance sheet, income statement, cash flow).
• Demonstrated proficiency in financial modeling, including building and maintaining complex models to evaluate investment performance and risk.
• Fluent in credit agreements, loan covenants, and other documentation related to credit transactions.
• Excellent written and verbal communication skills, with the ability to convey complex financial information in a clear and concise manner.
• Strong attention to detail, project management and organizational skills, with the ability to manage both up and down the organization to meet deadlines in a fast-paced environment.
• Proven ability to lead cross-functional initiatives, collaborating across departments and with external stakeholders including legal counsel, investors and counterparties.
• Advanced proficiency in Microsoft Excel and PowerPoint; experience with financial databases or software is a plus.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or a related field.
• Proven ability to lead and manage complex credit deals throughout deal lifecycle.
• Excellent analytical, research, and problem-solving skills.
• Strong interpersonal skills with the ability to work under pressure and manage competing priorities in a dynamic environment.