What are the responsibilities and job description for the Credit Associate position at TBG | The Bachrach Group?
Working with a rapidly growing direct lender on a Credit Associate/Senior Associate opportunity. The firm has had tremendous success over the years with a focus on asset-based lending and are continuing to grow. The Director of Transaction Management is looking for a highly motivated individual looking to gain hands-on experience in the private credit industry
Job Requirements:
- Assist the Director, Credit Transactions, in the investigation, evaluation and recommendation of new deal opportunities for inclusion in the Company’s credit transaction pipeline.
- Support the credit transaction due diligence process by (1) preparing due diligence questionnaires, and (2) gathering, organizing, tracking and analyzing financial, legal, and operational information produced by counterparties.
- Working with Director, Credit Transactions, prepare pro forma debt capital structures.
- Assist, and coordinate with, internal constituencies, including credit, data, operations, finance, legal and compliance in moving credit transactions from lead to closing.
- Track and report on deal progress using standard time-and-responsibility checklists and closing deliverables.
Required Experience & Skills:
- 2-4 years of experience in finance, investment banking, private credit, or a related field, with a focus on financial analysis or credit transactions preferred.
- Foundational understanding of credit transaction structures, including asset-based warehouse credit facilities, term loans and/or syndicated loans.
- Solid grasp of financial statements (balance sheet, income statement, cash flow statement) and credit metrics.
Salary : $150,000 - $200,000
