Associate Director, Credit Risk Management

Purpose and Job Summary:
We are seeking an Associate Director with 4-5 years of solid credit underwriting and investing experience. Knowledge of key principles of asset-based lending (ABL) or distressed assets including debtor-in-possession (DIP) financing is a plus. The role involves overseeing risk evaluation, structuring, and execution of liquidation strategies and ABL/DIP financing solutions, ensuring recovery maximization while mitigating downside exposure. The ideal candidate will combine financial acumen with strong restructuring knowledge and the ability to navigate complex distressed situations in a timely manner.

Essential Duties and Responsibilities:

• Evaluate and manage risks associated with distressed asset liquidation and ABL/DIP financing transactions.
• Assess borrower financial condition, liquidity needs, and viability of restructuring or financing solutions.
• Support structuring and underwriting of ABL/DIP financing, including borrowing base collateral evaluation, covenant development and legal documentation.
• Conduct asset valuation, cash flow forecasting, and recovery analysis to inform liquidation or financing decisions.
• Collaborate with restructuring advisors, legal counsel, and investment teams to evaluate and mitigate risks in liquidation strategies.
• Monitor DIP loan performance and borrower compliance with financing terms.
• Prepare risk memos, scenario analyses, and presentations for senior management, and investment committees.
• Track market trends, bankruptcy cases, and distressed financing structures to manage risk in new transactions and existing portfolio.

• 4-5 years of solid credit underwriting and investing experience, preference given to candidates with distressed asset management, restructuring, or special situations finance.
• Strong understanding of liquidation processes, collateral valuation, and recovery strategies.
• Proficiency in accounting, valuation, financial modeling, cash flow analysis, and distressed debt analysis.
• Strong negotiation and stakeholder management skills.
• Ability to work independently and manage complex transactions under tight timelines.
• Keen ability to construct concise, persuasive verbal and written investment opinions to present to senior management and investment committees.
• Advanced Excel and financial modeling skills; experience with restructuring tools or legal processes preferred.