Credit Underwriting Associate for Private Credit Fund

ABOUT THE POSITION

B.E. Blank & Company (“the Firm”) is seeking a high caliber finance professional to fill a key private commercial credit underwriting role within our investment team. The ideal candidate will have at least two years of experience at a commercial lender, another investment fund, or an investment banking firm. The Credit Underwriting Associate will collaborate directly with the Deputy Chief Investment Officer and other Principals to inform decision-making in all aspects of the Firm’s underwriting and investment processes.

A successful Credit Underwriting Associate will utilize independent research, industry knowledge, and financial analyses to assess the credit worthiness of potential borrowers. (S)he will track and proactively execute a high volume of credit files at any one time. The Credit Underwriting Associate must be able to summarize and present his/her findings in clear, concise memoranda to the Firm’s Investment Committee.

The ideal candidate is a hands-on, self-starting team player who thrives in an entrepreneurial culture. (S)he is proactive, detail oriented, collaborative, organized, can manage multiple priorities, and wants to be part of a growing investment firm capable of delivering exceptional outcomes.

ABOUT OUR FIRM

B.E. Blank & Company is a West Palm Beach-based investment manager founded in 2017. We are the capital partner of choice for values-aligned law firms that utilize our investments to broaden access to justice and drive positive behavioral changes amongst society’s most powerful actors. We believe that conscious capitalism is a force multiplier that can inspire law firms to operate above the profession’s high ethical standards and help create a world where attorneys utilize their talents as accelerating forces for societal advancement.

The Firm is the investment manager to multiple funds that are designed to provide investors with non-correlated, favorable risk-adjusted returns with limited volatility by providing working capital as a direct lender to stakeholder-centric law firms that are mission-oriented and values-aligned.

KEY RESPONSIBILITIES

Underwrite commercial loans by reviewing and analyzing financial data, borrower performance and character, and operational capabilities to assess credit worthiness

Estimate the degree of risk involved in extending private commercial credit to law firms

Perform cash flow analyses to project a law firm’s ability to service its credit facility

Analyze potential modifications to existing loans

Create weekly pipeline reports and investment committee memoranda

Present investment opportunities to the Firm’s Investment Committee

Liaise with the Firm’s sourcing, legal and loan servicing areas as relevant to credit underwriting functions

Assist with other initiatives as requested, including the creation of tools/templates, marketing materials, press releases, recruiting, and other internal processes

The candidate will also perform critical responsibilities that may be unique to B.E. Blank & Company, which include serving as a culture and brand ambassador in all interactions with our stakeholders, and demonstrating and promoting the Firm’s core values:

The highest levels of ethics and integrity are key to our success

Never stop learning

Strive toward personal growth and advancement

Live a balanced life and create joy for oneself and others

Enjoy the journey

Give back to the community

EDUCATION, EXPERIENCE, SKILLS, AND MINDSET

At least a bachelor’s degree from a top-tier undergraduate institution in accounting, finance, or related fields, with exceptional academic credentials

At least two years of experience in credit/financial analysis at a commercial lender, another investment fund, or an investment bank

Strong organizational, multi-tasking and prioritization skills are essential given the high-volume, project-to-project nature of the position

Effective written and verbal communication skills, as well as an uncompromising attention to detail, is required

Demonstrated proficiency with Microsoft Excel is required

Public service experience, including service with the armed forces, in government, or in the non-profit sector is a plus