What are the responsibilities and job description for the Direct Lending Associate position at CIM Group, LP?
ABOUT OFS:
Established in 1994, OFS is a full-service provider of capital and leveraged finance solutions to U.S. corporations. With a more than 25-year history, OFS has developed a disciplined approach to provide reliable, innovative, and flexible credit solutions to U.S.-based businesses that are underserved by traditional lenders. OFS provides flexible debt financing to support recapitalizations, leveraged buyouts, and growth capital. OFS is an affiliate of CIM Group. Join us and make an impact today!
POSITION PURPOSE:
The Lending Associate is responsible for underwriting, executing, and monitoring middle and lower-middle-market loan facilities.
\n- Support the team in the underwriting, documentation, & closing of investment opportunities
- Analyze potential investment opportunities and present written analysis on individual credits
- Monitor portfolio credits including performing periodic and recurring portfolio reviews and updates
- Assist in amendment discussions, negotiations and internal approval processes
- Attend board meetings and management calls of assigned portfolio companies
- 2 years’ experience in lending, banking, investment banking or private equity
- Detail-oriented
- Quantitative proficiency
- Ability to analyze and interpret business documents, technical materials, financial reports and/or legal documents.
- Ability to make effective and persuasive presentations on investment opportunities or portfolio situations to Investment Committee and other senior management.
- Ability to organize effective written communication, adapted to various audience styles.
At OFS, base pay is one part of the total compensation package. This role is eligible for bonus pay in addition to base salary. Actual base salary considers several factors, including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required. The anticipated base salary range for the position in NY, New York, is $120,000 - $140, 000.
HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:
OFS is committed to creating a successful diversity, equity and inclusion (“DEI”) program in which ALL employees recognize and understand individual differences and how we can adjust our preconceived biases and perceptions of others and, thereby, promote an inclusive environment at OFS based on its core tenets of Honesty, Integrity, Kindness and Respect. As an equal opportunity employer, we prohibit any unlawful discrimination against a job applicant on the basis of their race, color, religion, gender, gender identity, gender expression, sexual orientation, national origin, family or parental status, disability*, age, veteran status, or any other status protected by the laws or regulations in the locations where we operate. We respect the laws enforced by the U.S. Equal Employment Opportunity Commission (EEOC) and are dedicated to going above and beyond in fostering diversity across our workplace.
*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on OFS. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
#LI-BL1
Salary : $120,000 - $140,000
