19th Ave New York, NY 95822, USA

Associate

New York, San Francisco
Full Time
  • Key Skills: Associate
  • Part Time/Full Time: Full Time
  • Location: San Francisco / 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 the origination of loans and other collateral. We typically work with companies to provide financings starting at $25mm and scaling significantly thereafter.

i80’s capital complements 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 Associate Role:
i80’s Associate will work as a core member of the Investment Team and contribute to a broad range of functions, including credit analysis, financial statement/model review, scenario modeling, deal execution, portfolio monitoring, and certain sourcing activities. We are looking for an individual passionate about fintech with a strong understanding of asset-backed corporate finance fundamentals.

Responsibilities:

  • Underwrite investment opportunities utilizing collateral-specific credit analyses (e.g., building collections/charge-off curves, measuring loss coverages, calculating investment returns)
  • Review diligence materials with a focus on evaluating and manipulating loan tapes to perform credit analysis
  • Exhibit subject matter expertise across financial statement analysis and fixed-income transaction mechanics
  • Work fluently with large and diverse datasets
  • Prepare investment memos with strong attention to detail
  • Participate in and support various aspects of the deal execution process
  • Monitor portfolio companies to ensure accurate reporting and generate performance reviews
  • Aid in deal sourcing by identifying emerging companies and organizing initial meetings
  • Develop various pieces of marketing content to build i80’s brand

Qualifications:

  • Bachelor’s degree
  • 3–5 years of experience across private credit investing, investment banking, debt capital markets / leveraged finance, structured / asset-based finance, restructuring
  • Strong knowledge of credit underwriting and accounting principles
  • Advanced Excel skills (Alteryx a plus)

Other desired skills:

  • Strong written and verbal communication skills
  • Highly organized with the ability to multi-task and manage priorities against key deadlines
  • Must be able to work independently but contribute in a team-oriented environment
  • Acute attention to accuracy and detail
  • No ego

Application Form