Credit Associate

Credit Associate Overview

• The Credit Associate will support the Credit team in underwriting and structuring asset-backed revolving credit facilities and corporate term debt.
• Gain hands-on experience in private credit industry, working closely with cross-functional teams and senior management.
• Conduct detailed due diligence and financial analysis to assess creditworthiness of borrowers and their assets.
• Prepare comprehensive credit memos and presentations for senior management and committees.
• Develop and maintain financial models to forecast cash flows and evaluate investment risks.
• Collaborate with transaction management teams and back-office teams to ensure seamless operations.
• Stay updated on market conditions, industry trends, and legal developments impacting the portfolio.
• Contribute to the formulation of risk mitigation strategies for loan agreements.

Credit Associate Key Responsibilities & Duties

• Conduct in-depth evaluations of prospective borrowers, analyzing financial statements and business models.
• Develop detailed financial models to forecast cash flows and assess debt coverage.
• Perform stress tests on financial models to identify risks and coverage gaps.
• Assist in drafting key risk mitigating terms for loan agreements and covenants.
• Prepare detailed credit memos and presentations summarizing findings and recommendations.
• Generate regular and ad-hoc reports for internal and external stakeholders.
• Collaborate with cross-functional teams to ensure alignment on credit transactions.
• Monitor market conditions and industry trends to inform credit strategies.

Credit Associate Job Requirements

• Bachelor’s degree in Finance, Economics, Accounting, or related field required.
• 2-5 years of experience in credit analysis, structured credit, or related financial services roles.
• Proficiency in financial modeling and analysis, including building complex models.
• Familiarity with credit agreements, loan covenants, and structured credit documentation.
• Strong written and verbal communication skills for presenting financial data.
• Advanced proficiency in Microsoft Excel and PowerPoint.
• Ability to work independently and collaboratively in a fast-paced environment.
• Demonstrated interest in private credit, financial markets, and credit risk.