Financial Modeler, PE, Credit, Debt

This is a fully remote position, open to applicants in India, +1 more country.

📋 Description

• Create private equity, credit, and debt models from the ground up using Excel.

• Structure transactions, assumptions, and key drivers effectively.

• Connect operations, cash flow, debt, and returns through comprehensive model flows.

• Review and troubleshoot models developed by others.

• Identify erroneous assumptions, flawed logic, and potential risks.

• Analyze the impact of operating performance on debt service and returns.

• Clearly articulate financial logic and decision-making processes.

• Complete an independent take-home Excel modeling assignment designed to emulate real-world modeling tasks.

⛳️ Requirements

• 2–10 years of experience in finance roles with a strong emphasis on hands-on modeling.

• Previous experience at a private equity fund, particularly in direct investing, buy-side diligence, and portfolio company modeling, is highly preferred.

• Demonstrated ability to construct multiple full LBO models from scratch.

• Familiarity with sources and uses of funds as well as transaction assumptions.

• Proficient in multi-tranche debt schedules, including revolvers, term loans, mezzanine financing, and cash sweeps.

• Experience with IRR, MOIC, and value creation drivers.

• Knowledge of operating models, sensitivities, downside scenarios, and exit strategies.

• Experience with add-ons, dividend recapitalizations, or refinancing situations is an advantage.

• Proficiency in three-statement borrower models.

• Background in cash flow-based underwriting and debt capacity evaluations.

• Familiar with covenant modeling, including leverage, debt service coverage ratio (DSCR), interest coverage, and headroom testing.

• Capability to evaluate downside and stress scenarios for lending decisions.

• Expertise in debt sizing and structuring.

• Knowledge of amortization, payment-in-kind (PIK), cash sweeps, and refinancing mechanics.

• Experience with private credit or direct lending deal models.

• Familiarity with recovery analysis and payment waterfalls.

• Direct experience in private equity, leveraged finance, sponsor coverage, private credit, direct lending, or credit underwriting.

• Proven track record of building models from a blank spreadsheet without the use of templates.

• Experience in developing models that influenced real investment or lending decisions.

• Strong attention to detail and model precision.

• Excellent communication skills.

• Proficiency in English is required.

• Must independently complete a take-home Excel modeling exercise lasting approximately 3 hours.

🏝️ Benefits

• Candidates selected for the role will receive compensation for the ~3-hour take-home Excel modeling exercise.

• This is a full-time independent contractor position, requiring 40 hours per week.