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Asset-Backed Finance Associate - Lender Finance

EverBank N.A.
Chicago, IL Full Time
POSTED ON 4/15/2026 CLOSED ON 4/20/2026

What are the responsibilities and job description for the Asset-Backed Finance Associate - Lender Finance position at EverBank N.A.?

Asset-Backed Finance Associate
The Asset-Backed Finance Associate will play a key role in supporting the origination, structuring, underwriting, and execution of secured lending transactions across a range of asset classes and client types - including financial sponsors, asset managers, and specialty finance companies.

Key Responsibilities and Duties

  • Assist in the structuring, execution and ongoing monitoring of a wide variety of secured financing transactions.
  • Prepare transaction materials including term sheets, credit memos, and client presentations.
  • Coordinate due diligence efforts and internal deal approval processes in line with bank policies and regulatory requirements.
  • Conduct details credit and collateral analysis for proposed transactions across asset types.
  • Build and maintain financial and cash flow models to assess transaction structure, advance rates, coverage metrics, and risk-return profiles.
  • Contribute to internal risk reviews and credit committee discussions.
  • Partner with internal teams to ensure seamless execution and risk oversight.
  • Support ongoing portfolio monitoring, reporting, and covenant compliance for existing facilities.
  • Ensure adherence to the bank's credit and regulatory standards throughout the deal lifecycle.

Minimum Qualifications

  • 3-5 years of experience at a financial institution in portfolio management and/or loan underwriting, preferably within Lender Finance, or other Structured Finance sectors
  • Demonstrated expertise in structured credit underwriting and execution of new business transactions
  • Demonstrated ability to manage transactions on a daily, weekly, monthly basis post close.
  • Proven ability to prioritize work effectively, drive execution of junior level deliverables, meet deadlines, and achieve goals in a fast-paced, dynamic environment
  • Excellent verbal, written, and interpersonal communication skills, including the ability to clearly explain complex concepts
  • Ability and willingness to travel up to 25% of the time

Preferred Qualifications

  • Lead post-closing portfolio and client management, including regular borrower communication, monitoring of collateral and financial performance, covenant compliance tracking, and review/processing of borrowing base submissions and advance requests.
  • Collaborate with deal teams, credit, and legal to execute amendments and waivers, including coordinating updated diligence, preparing modification memos, and managing changes to legal documentation.
  • Identify, track, and analyze key performance indicators (KPIs) across similar transactions in the portfolio to support trend analysis, risk identification, and portfolio reporting.
  • Review monthly and quarterly borrower reporting packages, including financial statements, collateral files, loan tapes, and regulatory reporting, ensuring accuracy and completeness.
  • Perform ongoing risk assessments by evaluating portfolio performance, concentration risk, collateral quality, and borrower liquidity/capitalization.
  • Manage recurring credit processes, such as annual reviews, internal risk rating updates, covenant resets, and facility renewals.

Role Specific Work Experience

  • 3 Years Required; 5 Years Preferred

Educational Requirements

  • University (Degree) Preferred

Physical Requirements

  • Physical Requirements: Sedentary Work

Career Level
7IC

Qualifications:

  • Collaborate with deal team members to assist in structuring, underwriting, documenting, closing and management of loans.
  • Spread, review, and prepare written analyses of financial statements for borrowers, managers, and guarantors. Develop cash flow and break-even models; evaluate underlying collateral values; review personal and business credit reports; and assess other relevant factors to support timely and accurate credit decisions.
  • Review and interpret credit agreements and other legal documents.
  • Serve as a primary point of contact for clients and internal partners by providing loan status updates, asking follow-up diligence questions, and requesting required documentation to complete initial and ongoing underwriting.

Posting End Date: 4/20/26

Salary.com Estimation for Asset-Backed Finance Associate - Lender Finance in Chicago, IL
$117,588 to $150,035
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