Private Credit ABL Director

2 weeks ago


London, UK, United Kingdom RCQ Associates - Financial Markets Specialists Full time

Private Credit Asset Based Lending Director


A European Mid Markets investor is expanding within the Asset Based Finance sector, and seeking a Director to be responsible for the growth of investments within this sector. You will be joining a firm of 16 staff and €700 million AUM, and have funds to deploy immediately.


The role:

  • Investing in Specialty Finance / Asset Based Finance related companies
  • Oversight of an Associate / VP in transaction execution, lead on all deal structuring, and be responsible for origination and initial views on structuring.
  • Assessing various Asset Based Lending capital structures.
  • Building on (and developing) existing relationships across Europe
  • Constructing a range of liability side strategies and optimal capital structures.


You will have:

  • Experience in loan portfolio buy/sell, forward flows, senior/mezz financing and all types of securitizations.
  • A “liability mindset”
  • Strong communication and analytical skills – written and verbal.
  • Ideally buy-side experience.
  • Ideally strong understanding of Rating Agency methodologies and “ABS-ability” of different asset types and transaction structures.
  • Ideally will have also worked with non-FIG corporates on ABL transactions.
  • A network of third parties - can tend to and cultivate same in parallel to transaction execution.
  • Knowledge of relevant accounting / prudential (inc. securitisation) regulation.
  • Able to independently read legal documentation.
  • Intellectual curiosity
  • A willingness to travel


Please apply now for a confidential discussion



Keywords

Asset Based Lending, Specialty Finance, Private Credit, Securitisation, ABS, credit underwriting & a liability mindset, loan portfolio sales/acquisition, strong structuring and execution expertise, and excellent relationships within the ABL and Specialty Lending community.



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