Selby Jennings · 1 week ago
Private Credit Associate/VP/Director - Asset Backed
New York, NY
Full-time
Hybrid
Mid Level
$175K/yr - $200K/yr
2+ years expSelby Jennings is a leading $50 billion global private equity platform with a rapidly growing private credit strategy focused on asset-backed and specialty finance investments. The Associate/VP/Director will evaluate, underwrite, and manage asset-backed investments, playing a critical role in deal sourcing, structuring, and portfolio management.
BankingEmploymentRecruiting
Hiring Manager
Adam Loughran
Responsibilities
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
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
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
Develop and maintain relationships across specialty finance, originators, lenders, servicers, and advisors
Identify compelling opportunities across consumer ABS, esoteric assets, residuals, and structured solutions
Lead preliminary deal screening and early‑stage structuring discussions
Oversee and refine asset‑level and cash flow modeling
Evaluate collateral quality, servicing capabilities, operational infrastructure, and counterparty creditworthiness
Structure bespoke, flexible capital solutions aligned with the firm's risk-adjusted return objectives
Lead due diligence processes across legal, operational, and collateral workstreams
Negotiate transaction documents, covenants, servicing terms, and structural protections
Present recommendations to the IC with clear articulation of risks, mitigants, and structural considerations
Monitor asset pools, compliance, servicing data, and trigger behavior
Identify opportunities for follow‑on investments, refinancings, or restructurings
Serve as the day‑to‑day lead on select portfolio relationships
Qualification
Required
2-4 years experience in asset-backed finance / specialty finance investing
2-4 years experience in structured credit / securitization groups
2-4 years experience in 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
6-10+ years of experience in asset-backed finance / specialty finance investing
6-10+ years of experience in structured credit, consumer finance, warehouse lending, or esoteric ABS
Proven ability to lead deals with limited oversight
Strong structuring expertise and comfort with complex collateral types
Demonstrated relationship-building capabilities
Entrepreneurial mindset suited to a small, growing team
Company
Selby Jennings
Global recruitment firm specialising in Banking
1001-5000 employees
Funding
Current Stage
Late StageRecent News
Business Insider
2025-09-30
2025-07-10
Seattle TechFlash
2025-05-03
Company data provided by crunchbase