Career Opportunities

Senior Associate, Tiger Finance

Position Type: Full Time
Job Location: Boston, MA (hybrid)

About

Tiger Finance, the capital division of Tiger Group, provides structured secured credit facilities on all asset categories, and including Senior Secured Working Capital Term loans, Equipment/ Real Estate Loans, Tranche B/ FILO Facilities and Bridge Loans to facilitate, M&A transactions,  turnarounds or furnish additional working capital to Tiger’s existing and perspective clients. https://tigerfinance.com/

Description

Tiger Capital Group, LLC has a new opportunity to join our growing Tiger Finance Team as an experienced Senior Associate. The successful candidate will be responsible for overseeing an assigned portfolio of asset-based loans’ and supporting new transaction due diligence and underwriting. The position reports into Head of Tiger Finance and collaborates closely with the Tiger Finance Team. This position is based on historic State Street in the heart of the Downtown Boston.

Job Responsibilities/Essential Job Functions:

Portfolio Management

  • Communication with the senior management team of Tiger Finance, borrowers, other lenders, consultants, and legal counsel.
  • Participate/ and provide assistance to senior management team in the discussion/negotiation of portfolio investment amendments/restructurings, as well as analytical and written report support to senior management members
  • Interpreting historical and projected financial statements of portfolio investments and outlining key metrics/changes.
  • Analysis of projected borrower liquidity on a monthly and weekly basis based on earnings and working capital changes
  • Review of collateral values and trends based on field exams and appraisals of various asset classes (inventory, machinery & equipment, intellectual property, real estate, accounts receivable), and discussions as necessary with Tiger Finance’s internal asset experts.
  • Determine and keep track of the portfolio investment’s strengths, weaknesses, opportunities, threats, risks, and mitigating factors.
  • Utilizing current financial data and value indicators to run risk assessment and investment IRR calculations.
  • Prepare collateral and financial reports on portfolio accounts on a monthly/ quarterly basis, to be shared with senior management and partners
  • Regular review of company and industry related news, developments, and trends through public and subscribed search capabilities
  • Ad-hoc projects as needed.

Requirements

Education, Experience:

  • B.S. degree in business administration, finance, accounting, or similar field

Knowledge, Skills, Abilities:

  • 5+ years of experience working in a financial institution/asset management company associated with the asset-based industry
  • Experience in comprehending asset appraisals and field exams
  • Strong analytical skills are required, including the ability to analyze financial statements/modeling (income statement, balance sheet, and cash flow), as well as prepare investment and other portfolio management memoranda.
  • Portfolio monitoring experience is required.
  • Formal credit and/ or collateral evaluation training is preferred, as is familiarity with legal documents (credit agreements, intercreditor agreements).
  • Strong verbal and written communication skills, as well as the ability to think creatively and work independently in a fast-paced and deal-oriented environment, are required.

If you are interested in applying, please email Andy Cerussi at acerussi@tigergroup.com.

Due to the high volume of resumes we receive; we will only be contacting qualified candidates for further consideration. No phone calls please.

Beware of scammers offering jobs at Tiger Group. All Tiger Group emails will come from @tigergroup.com, not @tigergroupjobs.com or any other domain.

Tiger Services

VALUATIONS

Billions of Dollars Appraised
Consumer | Industrial Inventories
Retail Inventories
Machinery | Equipment Commodities

ADVISORY

40 Years of Experience
Liquidation Advisory
Complex Problem-solving
Merger & Acquisition Support

DISPOSITION

Billions of Dollars of Assets Sold
Inventory Clearance Events
Live and Online Auctions
Surplus Product Placement
Wholesale Transactions
Excess Equipment Solutions

CAPITAL

Tranche B
Mezzanine
Equity Investments