American Operator · 2 months ago
Senior Associate, Credit
Austin, TX
Full-time
Onsite
Senior Level
5+ years expMainshares is on a mission to revive the American Dream by acquiring and growing small businesses. The Senior Associate will lead credit underwriting and monitoring for small business acquisitions, spending 70% of the time on underwriting new acquisitions and 30% on portfolio monitoring.
Financial Services
Responsibilities
Work closely with the Acquisitions team on assessment of new opportunities
Run point on credit underwriting, working in close collaboration with our acquisitions and investments team to complete due diligence
Lead the preparation and presentation of credit memorandums to Mainshares’ Credit Committee
Monitor asset performance on a monthly basis, reviewing covenant compliance, meeting with the relevant owner success manager(s), and keeping our reporting & loan tape current
Perform quarterly portfolio reviews including analyzing historical and projected performance, risk assessments, and covenant compliance calculations
Partner with senior leadership on capital allocation and deployment pace
Qualification
Required
Bachelor's degree required, preferably with a major in finance, accounting, economics or related financial discipline
5+ years of industry experience, with at least 2 spent in a credit investing role at a bank or non-bank lender
Experience structuring and evaluating investments across credit and structured equity
Strong Excel modeling and written skills
Preferred
Experience in a direct lending capacity to lower middle market sponsors
Willing to relocate to Austin, TX
Company
American Operator
American Operator (formerly Mainshares) is reviving the American Dream by transitioning great small businesses to the next generation of local ownership.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase