Senior Associate - Underwriting & Portfolio Management, Healthcare at Monroe Capital LLC

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

23 Jul, 26

Salary

145000.0

Posted On

24 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Underwriting, Portfolio management, Financial modeling, Financial statement analysis, Due diligence, Leveraged finance, Investment banking, Corporate banking, Credit research, Private credit, Healthcare industry research, Microsoft Excel, Written communication, Oral communication, Mathematical skills, Legal documentation review

Industry

Financial Services

Description

Description Monroe Capital is searching for candidates to join its investment team in the Chicago office for a role underwriting and managing investments for Monroe’s private credit funds. The candidate will work as part of a team underwriting investment opportunities for various Monroe Capital funds as well as managing existing portfolio investments. Key Responsibilities Analyze potential investment opportunities via review of offering materials, industry research, financial statement analysis and modeling, etc. Prepare investment committee memos for formal investment approval process and present potential transactions to investment committee. Interface with investment bankers, private equity firms, third-party due diligence providers, external research resources, and other lending professionals as part of the underwriting and due diligence process. Participate in review of legal terms and documentation on individual transactions. Manage portfolio of syndicated and club loan investments, including performing ongoing due diligence, monitoring of portfolio companies, and communicating updates to investment committee. Prepare memos summarizing amendment transactions for portfolio deals. Research and stay informed on changing dynamics in healthcare including key regulatory changes. Requirements The ideal candidate will have 3-5 years of experience in the following areas (healthcare experience is preferred): Leveraged finance, investment banking, or corporate banking Credit/equity research Principal investing (e.g., private credit, high yield, private equity, etc.) role Strategy consulting (e.g., conducting private equity due diligence) Accountant at a nationally recognized accounting firm Demonstrated interest in healthcare sectors (e.g., provider services, behavioral health, pharma/biotech, medtech, and other products and services into the healthcare end market) Bachelor’s degree with a strong academic record from a top-tier undergraduate university. Strong finance and accounting knowledge, as the candidate will need to build financial models, analyze financial statements, and have a firm grasp on cash flow dynamics. Elevated level of intellectual curiosity. Ability to multi-task while working under tight deadlines. Strict attention to detail and strong mathematical skills. Extensive knowledge of and experience with Microsoft Office products (especially Excel). Strong written and oral communication skills, as the candidate will prepare internal investment materials and present to investment committee. Collaborator that enjoys working in a fast-paced, collegial environment. 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 and Benefits Base salary range: $105,000-$145,000 plus performance-based bonus and comprehensive benefits package (including medical, dental, 401(k), and paid time off). Actual compensation will vary based on experience and qualifications. 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 candidate will analyze potential investment opportunities, prepare investment committee memos, and present transactions for approval. Additionally, they will manage a portfolio of syndicated and club loan investments while performing ongoing due diligence and monitoring.