Credit Analyst III, Specialty Lending

This is a fully remote position, open to applicants in Arizona, +11 more states.

📋 Description

• Conduct independent underwriting and analysis of intricate specialty lending transactions across specified sectors, such as litigation finance, fund financing, leveraged lending, and other specialty industries.

• Assess unconventional collateral and repayment structures, including legal asset-based receivables, enterprise values, and atypical real estate or asset collateral.

• Develop and oversee borrowing base calculations, advance rates, and collateral eligibility for asset-based facilities.

• Analyze litigation finance-specific risk factors, encompassing case merit, jurisdiction, counsel experience, and expected recovery timelines.

• Review sponsor experience, loan-to-value/loan-to-cost metrics, and the feasibility of exit strategies for fund finance or highly leveraged transactions.

• Create detailed credit presentations and risk assessments for the Credit Manager, Portfolio Director of Specialty Lending, senior management, and loan committee.

• Analyze complex financial structures, including multi-entity borrowers, special purpose vehicles, and participation or syndication arrangements.

• Guide and mentor junior credit staff on specialty underwriting methodologies.

• Keep abreast of industry, legal, and regulatory changes impacting specialty lending sectors.

• Integrate developments into credit analysis and ensure adherence to bank policy, regulatory standards, and applicable banking laws.

⛳️ Requirements

• A Bachelor’s Degree in Finance, Accounting, Economics, or a related discipline.

• 5-7+ years of progressive experience in credit analysis is essential.

• Direct experience with specialty, structured, asset-based, or non-traditional lending products is highly preferred.

• Advanced skills in commercial financial statement analysis, cash flow modeling, and credit structuring.

• Capability to utilize financial analysis and credit structuring expertise on non-traditional collateral and repayment sources.

• Proficient understanding of asset-based lending mechanics, including borrowing base construction, advance rates, eligible collateral criteria, and UCC lien priority.

• Familiarity with accounts receivable financing concepts such as dilution, debtor concentration, and account debtor creditworthiness.

• Knowledge of litigation finance fundamentals, including case merit evaluation, counsel and case-management history, jurisdictional risk, and expected settlement/verdict timelines.

• Understanding of lender financing principles, including loan-to-value/loan-to-cost analysis.

• Experience in sponsor-backed M&A and understanding of exit-strategy viability.

• Proven ability to independently manage complex, non-standard credit structures and handle a high-volume workload.

• Exceptional written and verbal communication abilities, with experience presenting to loan committees.

• Candidates must reside in West Virginia, Virginia, Texas, Florida, Ohio, Pennsylvania, Maryland, Washington D.C., New York, New Jersey, Arizona, North Carolina, Georgia, or South Dakota.

🏝️ Benefits

• Medical, Dental, and Vision Insurance.

• Health Savings Account (HSA), Health Reimbursement Account (HRA) & Flexible Spending Accounts (FSA).

• Short- and Long-Term Disability Plan.

• Group Life Insurance.

• 401K Salary Deferral Plan.

• Wellness Program.

• Education & Tuition Expense Reimbursement.

• PTO and Unique Vacation Purchase Program.

• Nationwide Pet Insurance Coverage.