Senior Associate​/AVP: Asset-Backed Finance, Alternative Credit Solutions Group; Miami

Senior Associate/AVP:
Asset-Backed Finance, Alternative Credit Solutions Group (Miami)

Location:

Miami, FL

Employment type:

Full-time

Work arrangement:
Hybrid – 4 days per week in office

Monroe Capital is seeking an Asset-Backed Finance (ABF) Senior Associate/AVP in Miami, FL to assist in the underwriting, due diligence, closing and asset management of asset‑backed credit investments. Monroe originates and/or acquires first‑lien term loans, B‑notes, mezzanine loans and preferred equity in a variety of asset‑based credit opportunities including consumer loans, equipment leasing, digital infrastructure, and legal finance, among others. Monroe targets an average deal size of between $50 million to $300 million and returns in the low‑teens and higher.

• Review and underwrite new asset‑based credit transactions
• Create and maintain Excel models to perform asset‑based cash flow, corporate and valuation analyses
• Prepare initial deal screens and full investment committee presentations
• Perform market research and other legal diligence including review of credit agreements, intercreditor agreements, forward flow agreements, key contracts, etc.
• Engage with third‑party diligence providers
• Assist with quarterly valuation, fund reporting and investor requests
• Support senior members of the team with term sheet construction
• Assist with portfolio asset management
• Other ad‑hoc analyses and/or presentations as needed

• 4‑year degree from a top university/college
• Minimum of 4‑8 years of relevant experience in asset‑backed finance, investment banking and/or finance
• Strong understanding of asset level and corporate analysis including quantitative analysis
• Proficiency in Excel, Word and PowerPoint (including strong modeling skills)
• Ability to leverage artificial intelligence for research, presentations/content creation and data analysis
• Excellent written and verbal communication skills
• Team player, ability to work independently, strong integrity/ethics, attention to detail, ownership mentality
• Desire to assist with occasional non‑real ABF opportunistic credit transactions based on staffing needs

• Stationary work:
  Able to remain in a stationary position for extended periods while performing computer work, phone communication and administrative tasks.
• Movement:
  Occasionally move about the office to access files, supplies, meeting rooms or other work areas.
• Reaching/Positioning:
  Occasionally position self to access shelves, organize materials or retrieve office supplies.
• Computer and equipment use:
  Regularly operate a computer and other standard office productivity equipment (e.g., phone, printer, copier).
• Communication:
  Able to communicate effectively in person, over the phone and through electronic methods as required to perform essential job duties.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

It is expected that the base salary range for this position will be $125,000–180,000. Actual salaries may vary based on factors such as skills, experience and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered.

Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an “at‑will” position and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance, Firm or individual department/team performance and market factors.