Credit Analyst

Overview

CREDIT ANALYST/ASSOCIATE– UNDERWRITING/PORTFOLIO MANAGEMENT

Private Credit

Chicago, IL

Role requires prior work experience: formal credit trained in a bank, debt fund, finance company, or investment bank.

Knight & Associates has been retained for the following opportunity in the Chicago area.

Opportunity to join a recently formed private credit platform as one of the first team members. Great American Capital Corporation, LLC (GACC), GA Group’s new asset-based lending and private credit platform was created to provide flexible capital solutions to middle-market companies navigating complex and capital-intensive growth cycles. GACC is building the platform alongside GA Group and Oaktree, two highly respected organizations with deep market expertise and an unparalleled understanding of asset values.

Together, and with a high-caliber, experienced team, we aim to become a reliable and creative capital solutions partner for mid-market companies.

The firm provides term loans ranging in size from $20 – 100 million that are secured by collateral such as accounts receivable, inventory, equipment, real estate, or IP. Deal situations include turnarounds and restructures, bankruptcy reorganizations (debtor-in-possession financings), leveraged buyouts, recapitalizations, highly seasonal and high growth situations. GACC is a generalist lender financing manufacturers, distributors and service providers and is building a team from the ground up.

GACC is located in Chicago and Boston.

The firm is adding to its Chicago headquarters team. The role offers excellent opportunities for advancement with increasing levels of responsibility given the growth of the firm and being in the headquarters location. Another attractive factor is working for a non-bank that doesn’t have the regulatory and compliance constraints of bank-owned ABL groups. That translates into more creative and flexible transaction structuring capabilities, and not having as much time consumed with non-valued added compliance work.

Involved in all aspects of account relationship and underwriting management monitoring/analyzing borrower credit risk profiles, performances and trends.

• Credit / Financial Analysis and Modeling:
  Evaluate and validate historical trends; do a deep dive into drivers and factors impacting cash flow and compare/contrast to client forecasts; analyze and summarize monthly financial highlights and red flags; participate in monthly portfolio reviews; assessments of new and existing credit opportunities to provide insights and assist in making informed decisions
• Work with senior leaders to prepare and complete internal credit committee memos and approval documents as needed; analyzes credit information to make lending decisions on new, renewal and extension of loans
• Collateral Financial Modeling and Analysis:
  Trend analysis and forecasting; daily or weekly collateral analysis to analyze unusual activity / anomalies; coordinate, review and evaluate field exams and appraisals on an ongoing basis
• Participate in client calls, negotiations and meetings, and direct ongoing interactions with customers, their advisors and private equity sponsors
• Underwrite transactions related to accounts in the portfolio, typically related to bolt-on acquisitions, account refinancings, dividend and other recapitalizations
• Perform financial analysis and calculations, assesses client creditworthiness, prepares detailed credit summaries, analyzes financial performance and risk profiles of new and existing clients within the portfolio
• Assist in preparing materials for client meetings

• 2-5 years’ experience in credit, financial due diligence and analysis, credit research and analysis
• Seeking a professional from one of the following backgrounds:
  1) formally credit trained in a bank, debt fund or finance company, or investment bank (ABL experienced preferred),
  2) financial due diligence, transaction advisory or lender services experience in a Big 4, major accounting firm or consulting firm,
  3) ABL field examination experience, or
  4) selected other finance or accounting backgrounds with sufficient transferable skills
• Experienced in, and capable of, extensive and detailed financial modeling
• Highly proficient in, MS Excel, MS PowerPoint, MS Word and salesforce
• Excellent writing, analytical, communication, and organizational skills; problem solving, collaboration, detail-oriented
• Exercises judgment to identify, diagnose, and solve problems within given parameters
• Strong focus on being a team player and building a business
• Undergraduate degree in Accounting, Finance, or related field

If you are interested in this opportunity, please submit your resume to the posting or to