Analyst /Associate recruitment
The analyst / associate will assist in the underwriting and portfolio management of cash flow-based, leveraged loans to private equity-sponsored, lower-middle market companies. In the majority of transactions, Abacus will look to provide secured first lien debt and equity co-investments across a range of industries in support of their private equity clients.
Primary responsibilities will include:
- Serving as a key member of the deal team in the underwriting and loan approval process. Develop initial screening materials, draft proposal, perform extensive underwriting due diligence, seek formal loan approval and assist in closing;
- Preparation of a comprehensive loan package including write-up of issuer and transaction financial analysis, industry and market trend analysis, financial modeling, and presentation of the potential lending opportunity to the investment committee;
- Managing assigned portfolio investments to monitor account performance; monitor/report on assigned portfolio and ensure compliance with covenants and other loan documents;
- Creating presentations for both internal and external use as well as other special strategy related projects that may arise.
Requirements:
- Bachelor’s degree required
- At least two years of MA, private equity, mezzanine or leveraged finance transaction experience
- Strong financial statement analysis, financial modeling and valuation skills
- Exceptional written and oral communication skills
- Highly motivated work ethic and a commitment to a rapidly-moving, entrepreneurial environment
- Team player (very important); be a part of a small team and handle a wide range of responsibilities
- Strong interpersonal skills and substantial self-initiative who thrives in a fast paced, collaborative environment
- Completion of a formal credit training program is a plus
Compensation: Market-based annual compensation plus annual bonus.
Abacus Finance Group LLC (“Abacus”), headquartered in New York, is a specialty finance company focused exclusively on providing cash flow-based senior debt financing to private equity-sponsored, lower- middle market companies nationwide. Abacus is an affiliate of New York Private Bank Trust (“NYPBT”), the holding company for Emigrant Bank, the largest family-owned bank in America with approximately $11 billion in assets.