Asset Backed Credit Associate
Selby Jennings, New York, NY, United States
Location:
New York, NY Platform:
$10B Alternative Credit Firm
Team Size:
Currently 3; hiring 2 additional investment professionals Capital Deployed:
$1,000M+ since launch (~2 years ago)
Firm Overview Our client is a leading Alt Credit Firm with a rapidly growing private credit strategy focused on asset‑backed and specialty finance investments. The team has deployed over $1B since forming the group two years ago and is now expanding to meet significant market opportunity. With a flexible, creative mandate and a collaborative culture, the group invests across a wide range of consumer and esoteric asset classes, including residuals and other complex collateral‑backed opportunities.
Associate - Asset‑Backed Finance Position Overview The Associate will play a central role in evaluating, underwriting, and monitoring asset‑backed and specialty finance investments across consumer, esoteric, and residual‑based strategies. This is an opportunity to join a lean, high‑performing team where Associates have meaningful ownership of analysis, portfolio management, and execution.
Key Responsibilities Investment Underwriting & Analysis
Build, maintain, and stress‑test detailed asset‑level cash flow, pool, and residual value models
Perform deep dive analysis on consumer and esoteric asset classes, including historical performance, servicing behavior, and collateral characteristics
Assess deal structures, credit enhancements, triggers, and waterfalls
Deal Execution
Support due diligence across legal, operational, servicing, and collateral reviews
Prepare investment committee materials and clearly articulate key risks
Coordinate with external advisors, counterparties, and internal stakeholders
Portfolio Management
Track ongoing pool performance, servicing trends, delinquencies, and reserve levels
Participate in quarterly portfolio reviews and valuation discussions
Maintain strong ongoing dialogue with partners and issuers
Ideal Background
2-5 years
experience in:
Asset‑backed finance / specialty finance investing
Structured credit / securitization groups
Investment banking within FIG/ABS, lending, or credit
Strong modeling abilities (pool‑level, cashflow waterfalls, structuring analysis)
Familiarity with esoteric or consumer ABS, residuals, or specialty lending models
Ability to thrive in a lean, entrepreneurial environment
What Both Roles Offer
Opportunity to join a rapidly scaling asset‑backed strategy within a top‑tier global platform
High responsibility, high visibility, and a flat team structure
Exposure to esoteric, consumer, and residual value strategies
Flexible mandate with meaningful creativity in structuring
Collaborative culture with senior principals closely involved in
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New York, NY Platform:
$10B Alternative Credit Firm
Team Size:
Currently 3; hiring 2 additional investment professionals Capital Deployed:
$1,000M+ since launch (~2 years ago)
Firm Overview Our client is a leading Alt Credit Firm with a rapidly growing private credit strategy focused on asset‑backed and specialty finance investments. The team has deployed over $1B since forming the group two years ago and is now expanding to meet significant market opportunity. With a flexible, creative mandate and a collaborative culture, the group invests across a wide range of consumer and esoteric asset classes, including residuals and other complex collateral‑backed opportunities.
Associate - Asset‑Backed Finance Position Overview The Associate will play a central role in evaluating, underwriting, and monitoring asset‑backed and specialty finance investments across consumer, esoteric, and residual‑based strategies. This is an opportunity to join a lean, high‑performing team where Associates have meaningful ownership of analysis, portfolio management, and execution.
Key Responsibilities Investment Underwriting & Analysis
Build, maintain, and stress‑test detailed asset‑level cash flow, pool, and residual value models
Perform deep dive analysis on consumer and esoteric asset classes, including historical performance, servicing behavior, and collateral characteristics
Assess deal structures, credit enhancements, triggers, and waterfalls
Deal Execution
Support due diligence across legal, operational, servicing, and collateral reviews
Prepare investment committee materials and clearly articulate key risks
Coordinate with external advisors, counterparties, and internal stakeholders
Portfolio Management
Track ongoing pool performance, servicing trends, delinquencies, and reserve levels
Participate in quarterly portfolio reviews and valuation discussions
Maintain strong ongoing dialogue with partners and issuers
Ideal Background
2-5 years
experience in:
Asset‑backed finance / specialty finance investing
Structured credit / securitization groups
Investment banking within FIG/ABS, lending, or credit
Strong modeling abilities (pool‑level, cashflow waterfalls, structuring analysis)
Familiarity with esoteric or consumer ABS, residuals, or specialty lending models
Ability to thrive in a lean, entrepreneurial environment
What Both Roles Offer
Opportunity to join a rapidly scaling asset‑backed strategy within a top‑tier global platform
High responsibility, high visibility, and a flat team structure
Exposure to esoteric, consumer, and residual value strategies
Flexible mandate with meaningful creativity in structuring
Collaborative culture with senior principals closely involved in
#J-18808-Ljbffr