Underwriting and Lending, VP

About the role

ATLAS SP is seeking an experienced Vice President to join the Underwriting & Lending (“U&L”) team. The U&L team supports the broader ATLAS SP platform in providing financing solutions to originators, financial sponsors and other asset managers through structured credit facilities. The role involves supporting the origination, structuring, execution, surveillance, and maintenance of lending facilities.

Primary Responsibilities

• New Deal Execution
• Assess new transactions and provide independent recommendations regarding credit quality, ratings, and alignment with the firm's risk appetite.
• Prepare pitches, term sheets, and review borrowing base calculations in Excel.
• Partner with senior team members and colleagues in Originations, Structuring, Legal and Risk on transaction structuring and documentation.
• Lead or support the preparation of investment memoranda and presentations to Risk and Investment Committees, including follow-up analysis and responses to internal questions.
• Ensure compliance with internal operating procedures and policies across Risk, Legal, KYC/AML, Operations, Finance, Treasury, and other control functions.
• Review and negotiate term sheets and legal documentation with a focus on advance rates, eligibility criteria, concentration limits, triggers, covenants, waterfalls, events of default, servicer termination events, reporting requirements and backup servicing provisions.
• Portfolio Management
• Maintain client relationships and proactively address questions, discrepancies, and transaction requirements.
• Negotiate, structure, and execute amendments and other facility modifications.
• Conduct periodic client due diligence reviews.
• Own assigned client relationships from a U&L perspective and serve as a senior escalation point for Risk, Originations, Operations, Treasury, Finance and Legal.
• Supervise Associates and Analysts work product including transaction surveillance materials, Risk and Investment Committee memo, and portfolio management deliverables. Be the point person for transaction documentation negotiation and review.

Qualifications & Experience

• Education: Bachelor's degree in Finance, Economics, Accounting, Management, Engineering, or a related field.
• Experience: Minimum of 6 years of relevant experience in securitized products, asset-backed finance, structured credit, private credit, warehouse lending, specialty finance or related business lines.
• Candidate should have demonstrated experience leading transaction execution, portfolio management and client workstreams.
• Core Competencies: Strong financial analysis and credit underwriting skills; strong understanding of asset-backed lending structures, borrowing base mechanics, eligibility criteria, concentration limits, triggers, covenants, waterfalls and events of default; excellent verbal, written, and presentation abilities; ability to manage multiple priorities in a fast-paced environment; self-motivated and capable of working independently in a deal-driven setting; strong work ethic, professional demeanor, and positive attitude; ability to perform under pressure and prioritize effectively; strong understanding of legal documentation and credit agreements; advanced proficiency in Microsoft Excel, Word, and PowerPoint; strong familiarity with usage of AI in day-to-day workflow; FINRA certifications are a plus.

Pay

The base salary range for this position is $200,000 - $275,000. The position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.

Benefits

ATLAS SP offers a competitive benefits package that includes health insurance, retirement plans, and paid time off.

Equal Opportunity Employer

ATLAS SP is an equal opportunity employer. The firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law.