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Director, Credit

Trinity Capital · San Diego, CA, USA ·

Pay:
$170,000-$200,000/yr
Job type:
Full Time

Trinity Capital Inc. (NYSE: TRIN) is an internally managed alternative asset manager that seeks to deliver consistent returns for investors through access to private credit markets. We are looking for an experienced Healthcare & Life Sciences credit professional to join our world-class team as a Director, Credit. This is a high-impact role within a publicly traded organization, partnering with the Healthcare & Life Sciences Vertical Market Leader and Credit team to support and execute the firm's credit strategy. The Director will carry meaningful ownership of credit decisions, underwriting standards, transaction review, and portfolio management within the Healthcare & Life Sciences vertical.

Job Description
The Director, Credit & Portfolio will be responsible for credit underwriting for prospective new portfolio companies as well as managing existing portfolio relationships. The successful candidate will have at least five years of directly applicable credit experience and will be deeply familiar with performance metrics ideally from Life Sciences/Healthcare industries and business models. This full-time position will report to the Managing Director and is based on-site, at our San Diego, CA office.

Strong written and verbal communication skills are a must, as the role requires ongoing collaboration with Origination team members and regular presentations to the Trinity Investment Committee. This position offers exposure to leading venture capital investors, and a wide cross-section of emerging growth companies within the Life Sciences/Healthcare landscape.

Responsibilities

Collect and review submitted data from prospective portfolio companies; work with Originations team and Client Company management to address any gaps or deficiencies

Evaluate and summarize financial data from prospective client companies; identify key assumptions and trends, and highlight any inconsistencies

Work closely with the Originations team on the assessment of new opportunities and clearly communicate recommendations for accept / reject decisions; assist in developing ideas for transaction structure

Research industry drivers and opportunities; assess potential impact of key value drivers on business plan assumptions

Conduct deep-dive analyses of prospective client companies’ financial results, forecasts, business plans, intellectual property, collateral, etc.

Participate in the due diligence process, including calls with client company’s executive management, investors, and customers, as well as on-site visits when appropriate

Prepare investment committee presentation material and present analysis results to Credit Team peers and Investment Committee in a clear and concise manner

Characteristics

Analytical mindset

Clear and concise written and verbal communication skills

The ability to collaborate across functional groups

Ability to multitask and maintain a broad perspective along with intense focus

Positive attitude and strong work ethic

Experience

Bachelor’s degree in a business discipline, preferably Finance

A minimum of eight (8) years of industry experience in a relevant role, such as investment banking, accounting, or consulting

High level of proficiency in Microsoft Excel and financial modelling

Deep familiarity with financial reports: income statement, balance sheet, and cash flow

Familiarity with and general understanding of the various aspects of business operations; e.g. sales, marketing, product development, production, etc.

Ability to multi-task and work in a fast-paced environment with firm deadlines

Strong and confident communication skills; meticulous attention to detail

Desired Requirements

MBA or MS Finance

Experience interfacing with attorneys and the negotiation of contracts

Familiarity with the terms of venture equity investing and capital structure

Familiarity with the key aspects of healthcare or life sciences transactions

Personal network of entrepreneurs, investment bankers and financial sponsors

Experience in distressed financing situations

Physical Requirements

Ability to sit, stand, talk, utilize a computer, and read computer screens for extended periods of time

Ability to lift up to 20 lbs.

Other:

Minimal travel required (approx. 10%)

Trinity is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity, or any other characteristic protected by law.

The annual base salary range for this position is

$170,000 – $200,000 , depending on experience and qualifications. This role may also be eligible for performance-based bonuses and restricted stock awards.

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