What are the responsibilities and job description for the Analyst position at Abacus Finance Group, LLC?
Position: Analyst
Department: Abacus Finance
Reports To: Managing Director
Employment Status: Full-Time, Exempt (Hybrid in office)
Office Location: 22 Vanderbilt New York, NY
Founded in 2011, Abacus Finance is a leading direct lending company, focused on providing cash flow senior financing to private equity/family office-sponsored, lower-middle market companies across diverse industries. Since Abacus's inception, it has closed nearly $3 billion in financings across 90 platform companies. The firm targets private debt financing opportunities of up to $50 million and finances companies with EBITDA between $3 million and $15 million.
The analyst will assist with structuring and executing senior secured cash-flow based debt financing transactions for lower-middle market sponsor led LBOs, acquisitions financings and recapitalizations.
Key responsibilities include:
New York pay range
$130,000—$145,000 USD
Department: Abacus Finance
Reports To: Managing Director
Employment Status: Full-Time, Exempt (Hybrid in office)
Office Location: 22 Vanderbilt New York, NY
Founded in 2011, Abacus Finance is a leading direct lending company, focused on providing cash flow senior financing to private equity/family office-sponsored, lower-middle market companies across diverse industries. Since Abacus's inception, it has closed nearly $3 billion in financings across 90 platform companies. The firm targets private debt financing opportunities of up to $50 million and finances companies with EBITDA between $3 million and $15 million.
The analyst will assist with structuring and executing senior secured cash-flow based debt financing transactions for lower-middle market sponsor led LBOs, acquisitions financings and recapitalizations.
Key responsibilities include:
- Develop initial screening materials, draft term sheet proposals, perform extensive underwriting due diligence, prepare and seek formal loan approval and assist in closing of transactions
- Prepare comprehensive loan package including write-up of issuer and transaction financial analysis, industry and market trend analysis, financial modeling, and presentation of the potential lending opportunity to the investment committee
- Manage assigned portfolio investments to monitor account performance monitor/report on assigned portfolio and ensure compliance with covenants and other loan documents
- Create presentations for both internal and external use as well as other special strategy related projects that may arise
- Assist in external fundraising efforts, third party investor reporting, and ad-hoc requests
- Bachelor's degree
- Superior academic record and job performance
- 1-3 years professional experience in banking, private credit and/or private equity
- Formal credit training preferred but not required
- Excellent Excel skills
- Strong written and verbal presentation skills
- Ability to work collaboratively and think independently
- Immediate hire
- Willingness to travel
- Base pay of $130,000 - $145,000 plus annual bonus, profit sharing, pension plan, health benefits, and 401K.
New York pay range
$130,000—$145,000 USD
Salary : $130,000 - $145,000