- Senior
- Ufficio in Austin
We’re on a mission to revive the American Dream by allowing a million Americans to have a stake in it. We do that by acquiring and growing small businesses alongside talented operators and mission-driven investors across the country.
We believe that small business ownership is critical to creating wealth, jobs, and a sense of community in our country. By continuing the legacy of America’s best small businesses, we’re preserving our nation’s critical asset with a model that allows more people to share in a piece of the American Dream.
We’re looking for a Senior Associate to lead credit underwriting and monitoring for small business acquisitions at Mainshares. Roughly 70% of time will be spent on underwriting new acquisitions, and 30% of time will be spent on portfolio monitoring.
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
Requirements
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
Nice-to-Have
Experience in a direct lending capacity to lower middle market sponsors.
Willing to relocate to Austin, TX.
