Investment Associate

Investment Associate
Asset-Based Finance & Structured Credit

Location: New York, NY

About the Opportunity

A well-capitalized investment platform is seeking an Investment Associate to join its New York-based structured credit team. The role focuses on evaluating and managing investments across asset-based finance, specialty finance, and securitized credit markets.

This is an opportunity to work within a lean, collaborative team where Associates receive meaningful responsibility and direct exposure to senior decision-makers. The position offers involvement across the full investment lifecycle, from underwriting and execution through portfolio monitoring and ongoing investment management.

Candidates seeking a long-term investing seat with broad exposure to both public and private structured credit opportunities are encouraged to apply.

Key Responsibilities

• Evaluate investment opportunities across asset-based finance, specialty finance, and structured credit markets
• Conduct detailed collateral analysis and assess underlying asset performance
• Build and maintain cash flow models for structured and asset-backed transactions
• Analyze transaction structures, waterfalls, credit enhancement mechanisms, and downside scenarios
• Review offering memoranda, legal documentation, servicing reports, and diligence materials
• Support transaction underwriting, structuring, negotiation, and execution
• Prepare investment recommendations and present findings to senior investment professionals
• Monitor portfolio performance and identify emerging credit risks
• Maintain market coverage across specialty finance originators, investment banks, and structured credit issuers
• Work with large, complex datasets to evaluate performance trends and key investment drivers
• Assist with portfolio analytics, surveillance, and reporting initiatives
• Identify opportunities to enhance research, modeling, and portfolio management processes

Ideal Background

The team is interested in professionals with approximately 3-5 years of experience in one or more of the following areas:

• Esoteric ABS investing
• Asset-based finance
• Specialty finance
• Structured credit investing
• Securitized products investment banking
• ABS capital markets or structuring
• Warehouse lending
• Structured lending
• RMBS or related securitized products
• Structured finance ratings
• Credit-focused buy-side investing

Candidates with adjacent structured products experience and a demonstrated interest in asset-backed investing will also be considered.

Qualifications

• 3-5 years of relevant investment, banking, or structured finance experience
• Strong understanding of securitization structures and collateral-based lending
• Experience analyzing structured transactions and evaluating credit risk
• Advanced financial modeling and cash flow analysis skills
• Strong Excel proficiency
• Familiarity with Intex or comparable structured credit analytics tools
• Experience working with asset-level data and large datasets
• Knowledge of transaction waterfalls, credit enhancement, triggers, and covenant frameworks
• Excellent analytical, quantitative, and communication skills
• Ability to manage multiple workstreams simultaneously
• High attention to detail and strong ownership mentality
• Intellectual curiosity and genuine interest in structured credit investing