Private Credit Analyst

Job Description

Job Description

Position : Private Credit Analyst

Department : Abacus Finance

Reports To : Managing Director

Employment Status : Full-Time, Exempt (Hybrid in office)

Office Location : 22 Vanderbilt New York, NY

Founded in 2011, Abacus Finance is a leading direct lending company, focused on providing cash flow senior financing to private equity / family office-sponsored, lower-middle market companies across diverse industries. Since Abacus's inception, it has closed nearly $3 billion in financings across 90+ platform companies. The firm targets private debt financing opportunities of up to $50 million and finances companies with EBITDA between $3 million and $15 million.

The analyst will assist with structuring and executing senior secured cash-flow based debt financing transactions for lower-middle market sponsor led LBOs, acquisitions financings and recapitalizations.

Key responsibilities include :

• Develop initial screening materials, draft term sheet proposals, perform extensive underwriting due diligence, prepare and seek formal loan approval and assist in closing of transactions
• Prepare 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
• Manage assigned portfolio investments to monitor account performance monitor / report on assigned portfolio and ensure compliance with covenants and other loan documents
• Create presentations for both internal and external use as well as other special strategy related projects that may arise
• Assist in external fundraising efforts, third party investor reporting, and ad-hoc requests

Qualifications :

Compensation :

The job description outlined above is considered a core list of job duties / requirements. This document should not be considered a complete or comprehensive list. The incumbent assigned to this position is required to perform the duties listed above. The incumbent is also expected to adapt to changes and / or additions as needed. Nothing contained within this document is intended or shall be construed to create or constitute a contract of employment between any employee or group of employees and Emigrant Bank and its subsidiaries and / or affiliates. Emigrant Bank and its subsidiaries and / or affiliates retains and reserves any and all rights to change, modify, amend, add to or delete from any section of this document as it deems, in its judgment, to be proper.

New York pay range

$130,000—$145,000 USD