Piermont Bank

Financial Services

FundFinanceUnderwriter

$115–150k New York, New York, United States
The Brief

“Fund Finance Underwriter at Piermont Bank. Skills: Fund finance underwriting, Credit risk analysis, Loan structuring. Underwrite credit facilities. Analyze fund structures”

Industry & Context.

Financial Services
Problems you'll solve

Problem-solving

What They're Looking For.

Must Have

Bachelor's degree in finance, Bachelor's degree in accounting, Bachelor's degree in credit-related field, 5+ years of finance experience, 3+ years underwriting complex financing structures, Interpret legal documents, Interpret LPAs, Interpret credit agreements, Interpret financial statements, Analytical skills, Financial structuring skills, Execution skills, Deep understanding of regulatory reporting, Initiative approach to problem-solving, Interactive approach to problem-solving, Prioritize competing demands

Nice to Have

CFA charterholder preferred, FRM preferred, Series 7 preferred, Series 63 preferred, Series 65 preferred

What You'll Do.

Underwrite credit facilities

Analyze fund structures

Analyze investor bases

Analyze collateral quality

Analyze cash-flow dynamics

Determine creditworthiness

Ensure financing transactions are sound

Ensure financing transactions are compliant

Align financing transactions with risk appetite

Work with Relationship Managers

Manage loan origination process

Manage credit approval

Manage loan documentation review

Underwrite complex financing structures

Assess collateral strength

Assess repayment sources

Evaluate risk profiles

Review fund performance

Review sponsor track record

Review portfolio composition

Review market conditions

Conduct due diligence with fund managers

Conduct due diligence with legal counsel

Conduct due diligence with internal stakeholders

Present recommendations to credit committees

Manage transactions through closing

Coordinate documentation

Coordinate legal negotiations

Coordinate internal approvals

Monitor ongoing credit performance

Monitor compliance with covenants

Monitor borrowing base calculations

Monitor fund performance updates

Manage advance requests

Manage drawdown requests

Maintain knowledge of industry regulations

Maintain knowledge of fund structures

Maintain knowledge of market trends

How You'll Work.

Team & Collaboration

Internal teams; Fund managers; Legal counsel; Relationship Managers; Credit committees

Communication Scope

Verbal communication; Written communication

Free ATS check

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