Commercial Analyst, Private Credit

3 weeks ago


New York, United States Yieldstreet Full time
Job DescriptionJob Description

About the Role

Yieldstreet's Investment Team is looking for a Commercial Investment Associate to join our Private Credit vertical. This role is a front line of defense for incoming trade finance and specialty finance transactions, working closely with senior underwriters to thoroughly vet all potential business opportunities by developing a comprehensive list of questions to ask and information to obtain to make an informed decision to underwrite a new deal. You will work side by side with Senior Underwriters on transactions as we underwrite, document and close new offerings as well as assist our marketing team as we prepare these opportunities for launch on our platform. Performance tracking will also be part of this role; reviewing borrowing bases, covenant compliance and financial reporting on a weekly or monthly basis and communicating results to senior members on the team at regular team meetings. This role will be on a small team of senior underwriters that drives significant growth for our company so working independently while also moving the function forward is critical.

What you'll do:

  • Screen and review all CIMS and ancillary reporting data, asking the right questions to understand the underlying business and evaluate requests, making recommendations to senior underwriters in turn.
  • Prepare in depth financial analysis on historic balance sheet, income statement and cash flow performance as well as vet projection models, developing appropriate sensitivity analysis.
  • Conduct originator, borrower and guarantor due diligence, including analysis of transaction structure, counterparty creditworthiness, and quality of collateral pledged as security.
  • Work with underwriters to underwrite the performance of accounts receivable, inventory and/or equipment collateral from a credit perspective providing appropriate comp analysis and industry research.
  • Prepare drafts of all Series Note Supplements and Offering Pages and work collaboratively with underwriting, legal and marketing teams for approval often under tight deadlines.
  • Monitor current performance of each transaction with comparisons to prior periods and planned performance for borrowing bases, financial results, model performance and covenant compliance with credit agreements.

What you'll need:

  • Bachelor's Degree required. A focus in Finance or Accounting is a plus
  • Formal Credit Training and/or a minimum of two years in a comparable role.
  • Excellent organizational skills and high attention to detail
  • Deal execution mindset
  • Analytical and curious mind, understanding the details of all the requests on your desk but also the expertise to ask the right questions to evaluate transactions efficiently (gather all the pros and cons).
  • Ability to work at the pace of a venture-backed, hyper growth organization where you'll need to think and act on your feet strategically and independently, all while delivering high quality analysis.
  • Flexible and dynamic capacity to multitask on several transactions at the same time.

Bonus points for:

  • In depth knowledge of excel is critical for this function.
  • CPA or MBA in finance or completion of a formal Bank Credit Training Program

About Yieldstreet

Yieldstreet is the leading private market investment platform. We believe that private market alternatives should be a fundamental part of your portfolio. That's why we're unlocking access to make it easier than ever to get started. We partner with top-tier investment managers to provide investors with a wide range of opportunities across real estate, venture capital, private equity, art, short term notes and more. All of our offerings are curated and vetted by our team to help investors diversify away from the stock market with confidence.

Why Yieldstreet?

Join a team of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages who are on a mission to make alternative investments a fundamental part of the modern portfolio. Our team is comprised of successful entrepreneurs with combined exits of over $1B. We get social with each other during happy hours, exercise classes and team off sites We are a hybrid work company giving you the opportunity to connect with your peers in real time with the flexibility to work remotely a few days per week.

What's in it for you:Competitive compensation packages including equity Health, dental & vision coverage with FSA/HSA optionsUnlimited PTO 401k Match Learning and Development stipend Wellness creditPaid lunch once a weekCommuter benefit Life insuranceSabbaticalSummer Fridays

Compensation:

  • HIRING SALARY RANGE: $120,000+ (Actual salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data.) Compensation package also includes generous, bonus, benefits and equity.


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