Asset-Backed Finance Associate
The Asset-Backed Finance Associate will play a key role in supporting the origination, structuring, underwriting, and execution of secured lending transactions across a range of asset classes and client @types - including financial sponsors, asset managers, and specialty finance companies.
Key Responsibilities and Duties
Assist in the structuring, execution and ongoing monitoring of a wide variety of secured financing transactions.
Prepare transaction materials including term sheets, credit memos, and client presentations.
Coordinate due diligence efforts and internal deal approval processes in line with bank policies and regulatory requirements.
Conduct details credit and collateral analysis for proposed transactions across asset @types.
Build and maintain financial and cash flow models to assess transaction structure, advance rates, coverage metrics, and risk-return profiles.
Contribute to internal risk reviews and credit committee discussions.
Partner with internal teams to ensure seamless execution and risk oversight.
Support ongoing portfolio monitoring, reporting, and covenant compliance for existing facilities.
Ensure adherence to the bank's credit and regulatory standards throughout the deal lifecycle.
Minimum Qualifications
3-5 years of experience at a financial institution in portfolio management and/or loan underwriting, preferably within Lender Finance, or other Structured Finance sectors
Demonstrated expertise in structured credit underwriting and execution of new business transactions
Demonstrated ability to manage transactions on a daily, weekly, monthly basis post close.
Proven ability to prioritize work effectively, drive execution of junior level deliverables, meet deadlines, and achieve goals in a fast-paced, dynamic environment
Excellent verbal, written, and interpersonal communication skills, including the ability to clearly explain complex concepts
Ability and willingness to travel up to 25% of the time
Preferred Qualifications
Lead post-closing portfolio and client management, including regular borrower communication, monitoring of collateral and financial performance, covenant compliance tracking, and review/processing of borrowing base submissions and advance requests.
Collaborate with deal teams, credit, and legal to execute amendments and waivers, including coordinating updated diligence, preparing modification memos, and managing changes to legal documentation.
Identify, track, and analyze key performance indicators (KPIs) across similar transactions in the portfolio to support trend analysis, risk identification, and portfolio reporting.
Review monthly and quarterly borrower reporting packages, including financial statements, collateral files, loan tapes, and regulatory reporting, ensuring accuracy and completeness.
Perform ongoing risk assessments by evaluating portfolio performance, concentration risk, collateral quality, and borrower liquidity/capitalization.
Manage recurring credit processes, such as annual reviews, internal risk rating updates, covenant resets, and facility renewals.
Role Specific Work Experience
3+ Years Required; 5+ Years Preferred
Educational Requirements
University (Degree) Preferred
Physical Requirements
Physical Requirements: Sedentary Work
Career Level
7IC
Collaborate with deal team members to assist in structuring, underwriting, documenting, closing and management of loans.
Spread, review, and prepare written analyses of financial statements for borrowers, managers, and guarantors. Develop cash flow and break-even models; evaluate underlying collateral values; review personal and business credit reports; and assess other relevant factors to support timely and accurate credit decisions.
Review and interpret credit agreements and other legal documents.
Serve as a primary point of contact for clients and internal partners by providing loan status updates, asking follow-up diligence questions, and requesting required documentation to complete initial and ongoing underwriting.
Posting End Date: 5/11/26
Job Seeker Notice
EverBank, N.A. is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers.
The Company's commitment is to deliver to our clients high-performing, high-yield solutions backed by exceptional service, always giving them the advantage they expect, to make the most of their money.
VEVRAA Federal Contractor
Member FDIC
Notice to Job Seekers (https://everbank.com/about/careers/notice-to-job-seekers)
Pay Range $148,800 - $201,300
EverBank, N.A. is an equal opportunity (EEO) employer, dedicated to maintaining a work environment free of bias, harassment, discrimination and retaliation. As an EEO employer, EverBank expressly prohibits discrimination, harassment and retaliation based on protected characteristics such as race, creed, ethnicity, color, age, religion, sex, sex stereo@type, pregnancy, sexual orientation, gender, gender identity, gender expression, transgender status, marital status, national origin, ancestry, physical or mental disability, genetic history and information, or military or veteran status. Providing a safe, inclusive environment is a priority at EverBank and, consistent with that mission, EverBank considers all qualified applicants for employment regardless of protected status.
We will not discharge or in any other manner discriminate against associates or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another associate or applicant. However, associates who have access to the compensation information of other associates or applicants as a part of their essential job functions cannot disclose the pay of other associates or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by us, or (c) consistent with our legal duty to furnish information.
