Senior Associate - Underwriting & Portfolio Management, Healthcare

Description

Monroe Capital is searching for candidates to join its investment team in the Chicago office for a role underwriting and managing investments for Monroe’s private credit funds. The candidate will work as part of a team underwriting investment opportunities for various Monroe Capital funds as well as managing existing portfolio investments.  

Key Responsibilities

• Analyze potential investment opportunities via review of offering materials, industry research, financial statement analysis and modeling, etc.
• Prepare investment committee memos for formal investment approval process and present potential transactions to investment committee.
• Interface with investment bankers, private equity firms, third-party due diligence providers, external research resources, and other lending professionals as part of the underwriting and due diligence process.
• Participate in review of legal terms and documentation on individual transactions.
• Manage portfolio of syndicated and club loan investments, including performing ongoing due diligence, monitoring of portfolio companies, and communicating updates to investment committee.
• Prepare memos summarizing amendment transactions for portfolio deals.
• Research and stay informed on changing dynamics in healthcare including key regulatory changes. 

Requirements

The ideal candidate will have 3-5 years of experience in the following areas (healthcare experience is preferred):

• Leveraged finance, investment banking, or corporate banking
• Credit/equity research
• Principal investing (e.g., private credit, high yield, private equity, etc.) role
• Strategy consulting (e.g., conducting private equity due diligence)
• Accountant at a nationally recognized accounting firm
• Demonstrated interest in healthcare sectors (e.g., provider services, behavioral health, pharma/biotech, medtech, and other products and services into the healthcare end market)
• Bachelor’s degree with a strong academic record from a top-tier undergraduate university.
• Strong finance and accounting knowledge, as the candidate will need to build financial models, analyze financial statements, and have a firm grasp on cash flow dynamics.
• Elevated level of intellectual curiosity.
• Ability to multi-task while working under tight deadlines.
• Strict attention to detail and strong mathematical skills.
• Extensive knowledge of and experience with Microsoft Office products (especially Excel).
• Strong written and oral communication skills, as the candidate will prepare internal investment materials and present to investment committee.
• Collaborator that enjoys working in a fast-paced, collegial environment.

Physical Requirements

• Stationary Work: Able to remain in a stationary position for extended periods while performing computer work, phone communication, and administrative tasks.
• Movement: Occasionally moves about the office to access files, supplies, meeting rooms, or other work areas. 
• Reaching/Positioning: Occasionally positions self to access shelves, organize materials, or retrieve office supplies. 
• Computer and Equipment Use: Regularly operates a computer and other standard office productivity equipment (e.g., phone, printer, copier). 
• Communication: Able to communicate effectively in person, over the phone, and through electronic methods as required to perform essential job duties. 

Disclaimer 

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed. 

Compensation and Benefits

Base salary range: $105,000-$145,000 plus performance-based bonus and comprehensive benefits package (including medical, dental, 401(k), and paid time off). Actual compensation will vary based on experience and qualifications. If hired, the employee will be in an ‘at-will position’ and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Firm or individual department/team performance, and market factors.

About Monroe Capital
Monroe Capital LLC (“Monroe”) is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, stru