Full-time Hybrid: 4 days per week in office Chicago, IL Monroe Capital is seeking an Asset-Backed Finance (ABF) Senior Associate/AVP in Chicago, IL to assist in the underwriting, due diligence, closing and asset management of asset backed credit investments. Monroe originates and/or acquires first lien term loans, B-notes, mezzanine loans and preferred equity in a variety of asset-based credit opportunities including consumer loans, equipment leasing, digital infrastructure, and legal finance, among others. Monroe targets an average deal size of between $50 million to $300 million and returns in the low-teens and higher. Job Responsibilities The ABF Senior Associate/AVP will work closely with senior members of the ABF team to: - Review and underwrite new asset-based credit transactions - Create and maintain excel models to perform asset-based cash flow, corporate and valuation analyses - Prepare initial deal screens and full investment committee presentations - Perform market research and other legal diligence including review of credit agreements, intercreditor agreements, forward flow agreements, key contracts, etc. - Engage with third-party diligence providers - Assist with quarterly valuation, fund reporting and investor requests - Support senior members of the team with term sheet construction - Assist with portfolio asset management - Maintain ABF deal pipeline - Other ad hoc analyses and/or presentations as needed Requirements The ABF Senior Associate/AVP will have the following qualifications/attributes: - 4-year degree from a top university/college - Minimum of 4-8 years of relevant experience in asset-backed finance, investment banking and/or finance - Strong understanding of asset level and corporate analysis including quantitative analysis - Proficiency in Excel, Word and PowerPoint (including strong modeling skills) - Ability to leverage artificial intelligence for research, presentations/content creation and data analysis - Excellent written and verbal communication skills - Team player, ability to work independently, strong integrity/ethics, attention to detail, ownership mentality - Desire to assist with occasional non-real ABF opportunistic credit transactions based on staffing needs Physical Requirements - Stationary Work: Able to remain in a stationary position for extended periods while performing computer work, phone communication, and administrative tasks. - Movement: Occasionally moves about the office to access files, supplies, meeting rooms, or other work areas. - Reaching/Positioning: Occasionally positions self to access shelves, organize materials, or retrieve office supplies. - Computer and Equipment Use: Regularly operates a computer and other standard office productivity equipment (e.g., phone, printer, copier). - Communication: Able to communicate effectively in person, over the phone, and through electronic methods as required to perform essential job duties. Disclaimer The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed. Compensation It is expected that the base salary range for this position will be $125,000-180,000. Actual salaries may vary based on factors such as skills, experience, and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an 'at-will position' and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance, Firm or individual department/team performance and market factors.