Asset-Based Finance, Asset Management, Analyst

Asset-Based Finance, Asset Management, Analyst New York - 245 Park Avenue About TPG TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, has investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities. TPG’s success depends on our people, and we build and sustain our world-class team by creating an inclusive, supportive culture within the firm that seeks excellence and encourages humility and transparency. The quality of our investments and our ability to build great companies depend on the originality of our insights. Reaching our firm’s full potential means supporting every team member to bring the fullness of their unique perspective to their work and to our community. We are committed to a diverse, equitable, and inclusive workplace to foster diversity of thought and reflect the breadth of our limited partners and portfolio companies. Description of Position TPG Credit’s Asset-Based Finance group is seeking an Asset Management Analyst to support portfolio surveillance, borrowing base operations, and due diligence across a diversified book of warehouse facilities, forward flows, and structured lending transactions. Asset classes span consumer loans, equipment leases, merchant cash advances, credit cards, SME receivables, commercial real estate, and specialty finance. This is a high-ownership role with direct exposure to the full deal lifecycle — from pre-closing diligence through ongoing asset management and IC reporting. The Analyst will work directly with deal team members, counterparties, and external auditors, and will play a meaningful role in building the systems and processes that define how the ABF portfolio operates as it continues to scale. Principal Responsibilities Borrowing Base & Facility Compliance Build and maintain borrowing base models for all active facilities; apply eligibility criteria — DPD cutoffs, concentration limits, product mix constraints — to raw loan tape data on weekly and monthly cycles Reconcile borrowing base certificates submitted by counterparties against independent calculations; flag discrepancies and escalate material variances to the deal team Maintain a real-time facility utilization dashboard; monitor trigger thresholds and flag material shifts in collateral pool composition Track draw requests, repayment instructions, revolving period end dates, amortization schedules, and minimum utilization requirements across all active facilities Loan Tape Processing & Data Infrastructure Receive, ingest, and QC loan tape files from all counterparties on varying cadences; maintain standardized schemas across heterogeneous tape formats with differing fields and delivery methods Assist in building and improving automated workflows for ingestion, field mapping, de-duplication, and anomaly detection including duplicate pledging, stale records, and outlier balances Maintain data integrity across the portfolio and help develop scalable infrastructure to support a growing number of facilities and counterparties Portfolio Surveillance & IC Reporting Produce monthly surveillance packages covering delinquency ratios, default and charge-off rates, excess spread, cash collection multiples, vintage performance, and covenant compliance Build and maintain vintage analysis matrices across asset classes and facility cohorts Assist the deal team in producing materials for quarterly IC meetings; synthesize performance trends, covenant headroom, key risks, and recommended actions into clear, concise packages that the team and IC can act on directly Asset Management Operations Serve as primary operational point of contact for counterparties; coordinate receipt of borrowing base certificates, financial reports, AUP deliverables, and field audit materials Manage cash reconciliation by matching expected payments against actual receipts in TPG-controlled accounts Track backup servicer status — warm, cold, or hot — across all facilities Maintain master collateral registers and reconcile against custodian confirmations Track UCC lien filing dates, renewal deadlines, and entity coverage across the portfolio; support the deal team on counterparty correspondence and audit rights Due Diligence & Framework Support Support pre-closing diligence on new transactions including loan tape analysis, collateral eligibility testing, asset class performance benchmarking, and completion of standard due diligence questionnaires Assist with the rollout and ongoing maintenance of a standardized due diligence framework across the ABF portfolio, including managing portions of the DDQ process for new and existing deals Help calibrate AUP scopes based on deal tier and risk profile; support asset management framework build-out and maintenance of portfolio surveillance and remediation action logs Dashboards & Process Improvement Help develop standardized dashboards and reporting tools to reduce manual reconciliation, increase team efficiency, and improve visibility into portfolio risk across the ABF book Proactively identify workflow inefficiencies and contribute to building automated solutions; expected to flag process gaps and take ownership of improvement initiatives Requirements 2–4 years of experience in structured credit, asset-based lending, CLO/ABS operations, fund accounting, general accounting, investment banking, or specialty finance Deep Excel proficiency including dynamic borrowing base models, multi-tab surveillance workbooks, financial models, sensitivity analyses, and covenant and reporting dashboards Working knowledge of ABL and warehouse facility mechanics: advance rates, borrowing base construction, eligibility criteria, and covenant packages; familiarity with forward flow agreements and pricing a plus Demonstrated ability to ingest and manipulate large datasets and loan tapes, apply eligibility filters, and build or automate reconciliation workflows Familiarity with at least two asset classes in the portfolio: equipment leasing, consumer lending, merchant cash advances, credit cards, SME loans, commercial real estate, or specialty finance receivables Strong attention to detail and clear written communication; ability to translate data findings into a narrative the deal team and IC can act on Critical thinking and ability to distill complex situations effectively for senior management Preferred Familiarity with databases, SQL, Python, or BI tools such as Tableau or Power BI Experience with AUP processes, field audits, or lender-side due diligence frameworks Exposure to UCC lien mechanics, custodian reconciliation, or backup servicer arrangements Graduate degree in finance, economics, accounting, or a related field a plus Competencies The ideal candidate is detail-oriented and operationally rigorous, with a strong instinct for data integrity and process discipline. They are intellectually curious about lending mechanics and asset performance, comfortable owning multiple workstreams simultaneously, and able to communicate findings clearly to deal team members and senior management. They see process gaps as problems to solve and take initiative in building solutions. It is expected that the annual base salary for this role will range from $110,000 – $120,000. Base salary is one component of TPG’s competitive total rewards package which typically includes discretionary compensation, comprehensive health benefits, and paid time off. Other incentives may also be available to certain eligible employees.

Salary : $110,000 - $120,000