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Fund Finance, Associate

New York, New York, United States

About ATLAS SP

ATLAS SP Partners is a global investment firm that seeks to provide stable funding and capital markets services to companies seeking innovative and bespoke structured credit and asset-backed finance solutions. ATLAS SP’s tenured experts work with clients to determine the best approach to optimize their capital and achieve their goals, across a broad range of capabilities. Our integrated platform encompasses a holistic suite of capabilities, including asset/portfolio advisory solutions, warehouse/acquisition financing solutions, whole loan purchase/sale and securitization/distribution.

Our Culture

ATLAS SP is “one team” where everyone makes an impact – we grow together, win together, and embrace change together. From advancing the markets to supporting our communities, everything we do serves to make a difference. Our people are industry leaders with a passion for client service, complex problem solving, and innovation. We provide our talent with the pathways to grow professionally and personally in a collaborative and inclusive environment. We’re proud to build upon a legacy of excellence anchored in deep expertise and client service across the asset management landscape.

Position Overview

ATLAS SP is seeking an experienced Associate to join the Portfolio Management & Lending team to primarily support the Fund Finance business. The candidate will also have the opportunity to expand generalist background across other secured / non-recourse lending facilities.

ATLAS Fund Finance provides financing to private equity funds and other asset managers through structured credit facilities, including subscription credit facilities, NAV lending, and GP/LP financing. The Fund Finance team is looking for a motivated and experienced Associate to help support the origination, structuring and execution of new Fund Finance credit facilities, as well as surveillance and maintenance of existing Fund Finance credit facilities.

There is a preference for a candidate with a strong technical background and/or direct experience in modeling structured finance transactions. Given the breadth of the Fund Finance product set, the team is searching for a dynamic candidate with the ability to think independently and help build a fast-growing team within Fund Finance. While this role will lean towards the structuring and execution aspects of the Fund Finance product set, the position will have the ability to work across the broader Fund Finance body of work, including pitching clients and business development, content creation, structuring loans, credit underwriting, ratings analysis, portfolio management, and internal policy development and refinement.

Primary Responsibilities

Manage day-to-day job responsibilities for new deals including:
•    Assess new transactions. This includes an independent assessment and recommendation on the credit quality of proposed transactions, including their rating and alignment to the Firm’s credit appetite 
•    Creating pitches, term sheets, and preparing borrowing base calculations in Excel
•    Collaborate with senior Fund Finance team members on structuring and documentation for proposed transactions
•    Play a primary role in the completion of investment memoranda and assist in the presentation of transactions to Risk and Investment Committees for approval
•    Stay up-to-date on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitate accordingly 
•    Work with junior team to ensure booking and tracking of new facilities, existing portfolio and pipeline deals is done in compliance with PM & Lending Group best practices


Manage day-to-day job responsibilities for existing deals including:
•    Monitor existing portfolio of transactions, including periodic reporting of risk profiles, trends, industry developments, concentrations, conducting downside risk analysis 
•    Prepare timely and insightful annual reviews, including the assessment of performance against underwritten base case projections and key credit metrics
•    Supporting team members in collateral analysis and compliance tracking and monitoring
•    Respond in a timely manner to ad-hoc requests relating to their portfolio
•    Maintaining client relationships, including researching and reconciling questions/discrepancies and proactively ensuring that all deal requirements are met
•    Negotiation, structuring, and execution of amendments and other facility modifications
•    Periodic client due diligence

All aspects of the role include meaningful direct client interaction and interaction with Risk partners. The Fund Finance team also works closely with other product groups and relationship coverage platforms across the institution.

Qualification and Experience

  • BA/BS in finance/economics/accounting/management/engineering (or similar); MBA and/or progress toward CFA a plus
    Experience / Knowledge:
  • Minimum of 3 years of relevant experience (with meaningful portion of that time working in a Fund Finance role)

Competencies:

  • Strong financial and credit analysis capabilities
  • Excellent presentation and communication skills
  • Ability to thrive in a fast-paced environment with multiple competing priorities
  • Committed and dedicated individual who will continuously improve the way the team works
  • Self-motivated and willing to work in a deal oriented and deadline driven environment
  • Strong work ethic, positive attitude, and professional demeanor
  • Ability to work under pressure and set the right priorities in a dynamic, challenging environment,
  • Strong Knowledge of Legal Documentation
  • Proficient in MS Excel, Word, and PowerPoint 
  • Relevant SIE Certifications a plus

 

Base Salary Range

$150,000-$200,000

The base salary range for this position is listed above. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.


ATLAS SP is an equal opportunity employer. The firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law.

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