Senior Associate/AVP: Asset-Backed Finance, Alternative Credit Solutions Group (Chicago)
$125,000–$180,000 year
Hybrid · Chicago, Illinois, United States
Job Summary
Asset-Backed Finance (ABF) Senior Associate/AVP in Chicago, IL, focusing on underwriting, due diligence, closing and asset management of asset-based credit investments (including first lien term loans, B-notes, mezzanine loans and preferred equity) across consumer loans, equipment leasing, digital infrastructure, and legal finance. Responsibilities include building Excel-based cash flow, corporate and valuation models; preparing initial deal screens and investment committee presentations; conducting market research and legal due diligence (credit agreements, intercreditor agreements, forward flow agreements, key contracts); coordinating with third-party diligence providers; supporting quarterly valuation and investor requests; assisting with term sheet construction and portfolio management; maintaining deal pipeline. Requires a 4-year degree and 4-8 years of relevant experience, strong modeling skills, proficiency with Excel/Word/PowerPoint, and the ability to leverage AI for research and analysis. Strong communication, ethics, and ownership mentality are essential, with flexibility for occasional opportunistic credit transactions based on staffing needs.
Required Qualifications
- 4-year degree from a top university/college
- Minimum of 4-8 years of relevant experience in asset-backed finance, investment banking and/or finance
- Strong understanding of asset level and corporate analysis including quantitative analysis
- Proficiency in Excel, Word and PowerPoint (including strong modeling skills)
- Ability to leverage artificial intelligence for research, presentations/content creation and data analysis
- Excellent written and verbal communication skills
- Team player, ability to work independently, strong integrity/ethics, attention to detail, ownership mentality
- Desire to assist with occasional non-real ABF opportunistic credit transactions based on staffing needs
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