VP, ABL Credit Underwriting Lead

American Consulting And Recruiting LLC; New York (NY); Hybrid; USD 180,000 - 250,000; Full time

Benefits offered by this job

Culture

Benefits

Job summary

American Consulting And Recruiting LLC in Midtown Manhattan seeks a Vice President, Asset-Based Lending Credit Underwriting to lead underwriting, structuring, and risk management of the firm’s credit investments and financing transactions, including asset-based facilities and private credit deals. The VP will oversee a team of credit professionals and own evaluation, deal execution, and portfolio risk.

This role offers significant autonomy, strategic influence on credit strategy, development of

Qualifications

• 6+ years in asset-based lending, private credit, leveraged finance, securitized lending, forward financing.
• Advanced understanding of financial analysis and credit underwriting.
• Strong financial modeling capabilities and experience with complex investment models.
• Thorough understanding of credit agreements, covenants, and loan documentation.
• Excellent written and verbal communication with senior stakeholders.
• Attention to detail, project management, and ability to coordinate across teams.

Responsibilities

• Oversee credit analysis and due diligence for prospective transactions with a credit team.
• Develop and review cash flow models to assess risk, returns, and economics.
• Negotiate transaction terms and carry out risk-adjusted structuring.
• Prepare credit memoranda and materials for senior management and investors.
• Develop stress-testing frameworks and communicate risks to leadership.
• Lead and mentor analysts and associates, setting priorities and timelines.
• Monitor market conditions, regulatory changes, and portfolio implications.
• Coordinate with internal and external stakeholders, including legal counsel and investors.

Skills

Leadership

Credit underwriting

Financial analysis

Financial modeling

Communication

Excel

PowerPoint

Cross-functional collaboration

Team mentoring

Tools

Portfolio management systems

Financial databases

Credit documentation software

Job description

Title: Vice President, 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 VP of Credit will lead the 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 VP will oversee a team of credit professionals while maintaining direct responsibility for evaluating prospective transactions, executing deals, and managing credit risk across the Company’s portfolio.

This role is ideal for a highly motivated credit professional seeking significant autonomy and ownership of transactions, as well as the opportunity to lead and develop a high-performing team. The VP will play a key role in shaping the Company’s credit strategy, strengthening risk management processes, and developing the leadership and managerial capabilities required to succeed in a growing private credit platform.

Key Responsibilities

• Oversee 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.
• Direct the development 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.
• Drive 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.
• Develop and oversee 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.
• Manage, mentor, and develop a team of analysts and associates, setting clear priorities and timelines, establishing effective communication channels, providing ongoing feedback, and evaluating individual and team performance.
• Monitor market conditions, industry trends, and regulatory and legal developments that may affect the Company’s borrowers, transactions, and overall portfolio.

Required Experience & Skills

• 6+ years of experience in asset-based lending, private credit, leveraged finance, securitized lending, forward financing
• Leadership experience of a small team
• 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.
• Demonstrated ability to lead cross-functional initiatives and collaborate effectively with internal teams and external stakeholders, including legal counsel, investors, counterparties, and other advisors.
• Advanced proficiency in Microsoft Excel and PowerPoint; experience with financial databases, portfolio management systems, or other credit-related technology is a plus.