Assistant Vice President of Underwriting

Job Title: AVP, Specialty Underwriting & Portfolio Management - CSL

Location: Chicago, Illinois, United States

Type: Full Time

Our Client is seeking an experienced AVP, Specialty Underwriting & Portfolio Management - CSL who can operate with a high level of independence and demonstrate deep expertise in credit risk management. In this role, you will take the lead on complex transactions, guide junior team members, and play a key part in shaping deal execution and portfolio strategy.

Key Responsibilities

Underwriting Responsibilities:

• Underwrite leveraged finance transactions for new and existing clients.
• Lead due-diligence efforts, evaluate findings, and identify key strengths, risks, and mitigants.
• Provide guidance to less experienced team members on financial statement and cash flow analysis.
• Review financial models independently and evaluate structuring options with the deal team.
• Prepare and present credit approval materials; mentor junior contributors through the process.
• Oversee closing activities and review final documentation.
• Draft term sheets, commitment letters, and related credit documents with minimal oversight.
• Begin negotiating credit documentation with leadership guidance.
• Drive the full deal execution process and coordinate communication across internal and external partners.

Portfolio & Asset Management Responsibilities:

• Manage an assigned portfolio independently, monitoring account performance and identifying emerging issues.
• Anticipate risks and apply insights from comparable accounts to inform recommendations.
• Partner with the Portfolio Management team to ensure timely completion of annual reviews and credit modifications.
• Support quarterly portfolio reporting and help maintain data accuracy.
• Ensure adherence to credit policies and procedures for all managed accounts.
• Respond promptly to inquiries from internal stakeholders and external partners.

Additional Responsibilities:

• Build collaborative relationships across business and functional teams.
• Maintain strong client relationships while balancing risk, profitability, and long-term partnership value.
• Mentor analysts and junior associates; support training and development efforts.
• Contribute to internal initiatives that enhance operational efficiency and strengthen business management.

Basic Qualifications:

• Bachelor’s degree or military experience
• At least 5 years of experience in credit underwriting, portfolio management, or asset management

Preferred Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related discipline
• 7 years of experience in credit underwriting, portfolio or asset management
• Prior experience providing leadership or guidance within deal teams