- Required Experience: 7-10+ years
- Part Time/Full Time: Full Time
- Location: New York
i80 Group is a specialty finance investment manager, providing capital and support to breakthrough fintech and proptech companies. We provide creative and flexible asset-based facilities used to fund origination of loans and other collateral. We typically work with companies to provide financings starting at $25mm and scaling significantly thereafter.
i80’s capital is a complement to institutional equity (VC/PE). Whereas equity is typically used to finance the underlying operating business, i80’s credit is used to cost-effectively originate collateralizable assets (real estate, equipment, receivables, loan pools, etc.). Rather than offering a one-size-fits-all structure, we design bespoke solutions specific to the unique needs of our partners.
About the Role:
Asset management professionals will have the opportunity to participate in all aspects of loan asset management and be work on a number of assignments at once. The primary responsibility of this role is to be a central point of contact to the front office for internal support and external vendors. Due to the relatively small size of the professional staff, team members have the opportunity to assume integral roles on projects and lead/build out the asset management function at i80 Group
Responsibilities:
- Management and servicing of a portfolio of fintech asset backed debt investments
- Oversee and build-out of the loan operation and asset management process at i80 Group
- Design, standardization and process mapping of the borrower reporting package
- Work directly with the deal team to monitor the deal pipeline for anticipated loan settlements
- Work closely with third-party service providers to oversee outsourced operations functions
- Development of presentations and reporting for internal and external use
- Integration and involvement in all the deals at a firm-wide level
- Intimately understand the business and maintain strong relationships with key stakeholders
- Provide day to day support to investment specialists and other business teams
- Maintain a robust controls environment providing oversight of outsourced services
- Provide engagement with internal and external audits as required
- Assist with the execution of transactions by tracking upcoming deal closings and managing the funding process
- Coordinate with multiple stakeholders, including Risk, Compliance, Technology, Control Management, Operations and vendors
- Participate in projects to improve scale and efficiency
Qualifications:
- 7-10+ years of experience with an asset management firm, private equity firm, lender, owner/ operator, servicer, investment bank or broker
- Strong communication skills
- A demonstrated ability to write effectively
- A desire to work in a team environment, sometimes under pressure
- Excellent attention to detail
- Intellectual curiosity
- Good judgement
- Strong knowledge of private credit products
- Collaborative, team player who will thrive in an entrepreneurial environment
- Loan closing and servicing experience
- Strong analytical, quantitative, problem solving, time management, interpersonal, and communication skills
- Bachelor’s degree (or greater) from an accredited institution
What We Offer
- $125-$175k + Bonus (Total compensation commensurate with experience)
- Medical, Dental, and Vision plans
Application Form