Senior Associate, Credit

Were on a mission to revive the American Dream by allowing a million Americans to have a stake in it. We do that by acquiring and growing small businesses alongside talented operators and mission-driven investors across the country.

We believe that small business ownership is critical to creating wealth, jobs, and a sense of community in our country. By continuing the legacy of Americas best small businesses, were preserving our nations critical asset with a model that allows more people to share in a piece of the American Dream.

Were looking for a Senior Associate to lead credit underwriting and monitoring for small business acquisitions at Mainshares. Roughly 70% of time will be spent on underwriting new acquisitions, and 30% of time will be spent on portfolio monitoring.

Responsibilities

Work closely with the Acquisitions team on assessment of new opportunities

Run point on credit underwriting, working in close collaboration with our acquisitions and investments team to complete due diligence

Lead the preparation and presentation of credit memorandums to Mainshares Credit Committee

Monitor asset performance on a monthly basis, reviewing covenant compliance, meeting with the relevant owner success manager(s), and keeping our reporting & loan tape current

Perform quarterly portfolio reviews including analyzing historical and projected performance, risk assessments, and covenant compliance calculations

Partner with senior leadership on capital allocation and deployment pace

Requirements

Bachelors degree required, preferably with a major in finance, accounting, economics or related financial discipline

5+ years of industry experience, with at least 2 spent in a credit investing role at a bank or non-bank lender

Experience structuring and evaluating investments across credit and structured equity

Strong Excel modeling and written skills

Nice-to-Have

Experience in a direct lending capacity to lower middle market sponsors.

Willing to relocate to Austin, TX.