Associate - Asset Backed Finance
1823 Partners · New York, NY · 1 wk ago
Finance$18.7/hrFull-time
Key Responsibilities
- Sourcing Support: Assist in identifying and evaluating high-quality asset backed opportunities, supporting the development of strategic partnerships, joint ventures, and forward flow programs aligned with the firm’s investment strategy. Contribute to the structuring of bespoke transactions across a range of collateral types and counterparties.
- Due Diligence: Conduct quantitative and qualitative due diligence across potential investments, including collateral evaluation, financial statement analysis, and company performance assessment, and coordinate third-party workflows with counsel, rating agencies, and other parties to support transaction closings.
- Financial Modeling & Analysis: Build and maintain detailed underwriting models by analyzing assets, evaluating historical performance and facility structures, and running scenario and sensitivity analyses to support investment decisions. Assist in preparing investment memoranda, presentations, and supporting materials for investment committee discussions.
- Execution & Documentation: Support end-to-end transaction execution by preparing term sheets, assisting in the negotiation of credit and partnership agreements, and coordinating transaction documentation under senior team guidance.
- Portfolio Monitoring and Surveillance: Monitor existing portfolio investments, prepare performance reviews, and flag emerging risks or issues to portfolio managers to support ongoing risk and exposure management.
- Market Research: Perform industry and market research, including competitive landscape analysis, sector trends, and collateral performance benchmarking to inform investment strategy and sourcing priorities.
- Ad Hoc Projects: Work collaboratively with senior team members on ad hoc analytical and strategic projects as needed.
Qualifications
- Strong academic background from a top-tier Finance or STEM related undergraduate or master's degree program.
- 2-6 years of finance experience in asset backed lending, private equity, or structured finance, ideally in investment banking or buyside.
- Demonstrated analytical and problem-solving capability, with strong financial modeling skills, attention to detail, and comfort working with complex data.
- Exceptional communication skills, with the ability to deliver clear, concise assessments of investment risk and relative value.
- Self-motivated and adaptable, with intellectual curiosity and the ability to thrive in a fast-paced, collaborative environment.
- Detail-oriented, organized, and able to manage multiple workstreams simultaneously.
- Demonstrated work ethic and genuine interest in asset-backed finance, structured credit, or related investment strategies.
- Proficiency in Excel; experience with financial modeling tools and data analysis platforms is a plus.
What We Offer
- Opportunity to work with a high-performing, collaborative team at the intersection of finance, strategy, and investment.
- Exposure to sophisticated investment structures and institutional capital partners.
- A culture that values integrity, partnership, and long-term thinking.
- Competitive compensation and benefits package.
Specialized Investment Sectors
- Miami, FL
- New York, NY