Senior Associate/AVP: Asset-Backed Finance, Alternative Credit Solutions Gr at Monroe Capital LLC

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

20 Aug, 26

Salary

180000.0

Posted On

22 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Asset-Backed Finance, Underwriting, Due Diligence, Financial Modeling, Cash Flow Analysis, Valuation Analysis, Market Research, Credit Agreement Review, Portfolio Asset Management, Excel, Word, PowerPoint, Artificial Intelligence, Quantitative Analysis, Written Communication, Verbal Communication

Industry

Financial Services

Description

Description Full-time Hybrid: 4 days per week in office New York, NY Monroe Capital is seeking an Asset-Backed Finance (ABF) Senior Associate/AVP in New York, NY 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. Job Responsibilities The ABF Senior Associate/AVP will work closely with senior members of the ABF team to: 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 Maintain ABF deal pipeline Other ad hoc analyses and/or presentations as needed Requirements The ABF Senior Associate/AVP will have the following qualifications/attributes: 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 Physical Requirements Stationary Work: Able to remain in a stationary position for extended periods while performing computer work, phone communication, and administrative tasks. Movement: Occasionally moves about the office to access files, supplies, meeting rooms, or other work areas. Reaching/Positioning: Occasionally positions self to access shelves, organize materials, or retrieve office supplies. Computer and Equipment Use: Regularly operates 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. Disclaimer 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. Compensation 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. About Monroe Capital Monroe Capital LLC (“Monroe”) is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and has 12 locations throughout the United States, Middle East, Asia and Australia. Monroe has been recognized by both its peers and investors with various awards including GrowthCap Advisory’s 2025 Top Private Credit Firm List; Inc.’s 2025 Founder-Friendly Investors List; DealCatalyst as the 2025 Most Innovative Private Credit CLO Manager of the Year; Private Debt Investor as the 2024 Lower Mid-Market Lender of the Year, Americas and 2023 Lower Mid-Market Lender of the Decade; Global M&A Network as the 2024 Lower Mid-Markets Lender of the Year, Americas; Korean Economic Daily as the 2022 Best Performance in Private Debt – Mid Cap; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit www.monroecap.com.

Responsibilities

The role involves underwriting, due diligence, and asset management of asset-backed credit investments. Key tasks include creating financial models, preparing investment committee presentations, and performing legal diligence on credit agreements.