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Finance Associate - ABL

The Hiring Advisors

Finance Associate - ABL

Los Angeles, CA
Full Time
Paid
  • Responsibilities

    The Asset-Based Lending Team based in Los Angeles seeks a committed and dynamic Associate Underwriter. This is a critical position for a fast growing team that provides senior secured financing to leveraged issuers consisting of both privately owned and public companies.

     

    Main Duties and Responsibilities of Role:

    · You assume a key role in preparation of initial screening memos and credit approval packages, including due diligence, financial modeling, and credit documentation review for new transactions;

    · You take responsibility for ongoing portfolio management for a group of selected accounts – monitoring and tracking credit performance, executing amendment requests, etc;

    · You contribute to the preparation of client marketing presentations as well as internal

    presentations as needed.

    · You prepare operating and LBO models, comp sheets, rating models, economic return models, and collateral documents.

    · You handle the maintenance of credit files and loan documentation.

    · You collaborate with Risk Management and Loan Operations teams in different geographies and time zones.


    ProfileQualifications / Education:
    • A Bachelor’s or Master's Degree in Finance, Accounting, Business, Economics, Mathematics or closely related quantitative field
    • 7 years of relevant ABL and/or cash flow/leveraged finance experience

     

    Experience / Knowledge:
    • Asset-Based Lending background not required but a useful plus
    • Deep understanding of GAAP accounting principles and comfort with core financial statements (income statement, cash flow statement and balance sheet)
    • High proficiency in MS Office (Excel, Word, PowerPoint): The individual will possess excellent excel skills and be able to expeditiously build a fully-functional dynamic, financial model
    • Fundamental understanding of the capital markets and debt products
    • Progress towards a CFA or CPA is a plus
    • Credit training is a positive