Summer Asset-Based Lending Associate
Summer Asset-Based Lending Associate
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Job Description
THIS JOB CAN BE FOUND ON OUR EXCLUSIVE JOB BOARD IT IS NOT A DIRECT ROLE AT AUGMENT JOBS.
Job Description: Summer AssetBased Lending Associate
Position Overview:
We are seeking a motivated and analytical Summer AssetBased Lending Associate to join our lending and credit team for a 10 12 week internship program. This role offers a unique opportunity to gain handson experience in structuring underwriting and managing complex assetbased lending (ABL) transactions across various industries. As a Summer Associate you will work closely with senior professionals contribute to live transactions and develop your skills in financial analysis credit evaluation and portfolio management.
- Conduct indepth financial and credit analysis of prospective borrowers focusing on collateral quality cash flow availability and repayment capacity.
- Develop and refine advanced financial models to evaluate borrowing base availability and assess risk factors.
- Review and analyze collateral types including accounts receivable inventory and fixed assets to determine asset values and liquidation potential.
- Assist in preparing detailed credit memoranda and presentations for internal investment committees.
- Participate in due diligence efforts including reviewing financial statements operational performance and collateral audits.
- Collaborate with internal teams and external advisors to evaluate transaction risks and opportunities.
- Support the structuring and negotiation of loan agreements including terms covenants and repayment schedules.
- Assist in managing data rooms and preparing transaction documentation to ensure successful deal execution.
- Monitor borrower performance by analyzing financial metrics collateral trends and covenant compliance.
- Prepare performance updates and strategic recommendations for senior team members and stakeholders.
- Support valueenhancement initiatives and risk mitigation strategies for portfolio companies.
- Work closely with senior team members on live deals portfolio management and strategic initiatives.
- Participate in team discussions on assetbased lending strategies credit policies and market opportunities.
- Gain exposure to the full lifecycle of assetbased lending from initial evaluation to loan closing and portfolio management.
- Currently pursuing an MBA or other advanced degree in Finance Economics Business Administration or a related field.
- Strong academic performance with demonstrated interest in commercial lending credit analysis or private credit.
- 2 4 years of prior experience in investment banking private credit commercial lending or related fields is preferred.
- Familiarity with assetbased lending structures and credit underwriting is a plus.
- Advanced financial modeling and analytical skills with proficiency in Excel and PowerPoint.
- Strong understanding of credit metrics collateral evaluation and risk assessment methodologies.
- Excellent written and verbal communication skills with the ability to articulate complex ideas clearly.
- Detailoriented highly organized and capable of managing multiple tasks in a fastpaced environment.
- Proficiency in financial tools and databases such as Bloomberg S&P Capital IQ or similar platforms.
- Proactive selfstarter with a resultsdriven mindset and a strong work ethic.
- Teamoriented with excellent interpersonal skills and the ability to collaborate effectively.
- Passion for assetbased lending and private credit investing.
- Adaptable and capable of thriving in a dynamic and fastpaced environment.
Employment Type
Full Time
