SLR Credit Solutions
Vice President | Director
Private Credit (Underwriting, Portfolio Management & Workouts)
Location: Boston, MA
Reports To: Head of Underwriting & Portfolio
Position Overview The VP | Director will play a key role across underwriting, portfolio management, and workout/restructuring activities within the firm’s private credit platform. The ideal candidate brings strong experience in corporate secured lending – cash flow or/and asset-based lending. The VP | Director will drive rigorous deal analysis, disciplined portfolio oversight, and support capital preservation and recovery strategies across performing and non-performing assets. The role requires strong analytical abilities, credit judgment, and effective coordination with senior leadership and cross-functional teams.
Key Responsibilities Underwriting & Execution
Lead underwriting workstreams and conduct detailed credit due diligence for new investment opportunities.
Evaluate company fundamentals, cash flow drivers, leverage capacity, collateral coverage, and downside risks.
Build and review financial models, and sensitize projections.
Work with legal counsel on credit agreements, collateral documentation, and intercreditor arrangements.
Prepare and present underwriting materials and investment committee memoranda, articulating thesis, risks, structural protections, and expected returns.
Portfolio & Risk Management
Manage an assigned portfolio of credit investments, monitoring borrower performance, covenant compliance, and collateral trends.
Maintain and update internal credit ratings, watchlists, and key performance metrics.
Participate in periodic portfolio reviews and contribute to internal valuations and investor reporting.
Identify early warning signals and collaborate with senior team members to implement proactive risk-mitigation strategies.
Workouts, Restructurings & Special Situations
Support workout, restructuring, and recovery strategies for underperforming or distressed loans.
Assist in developing and executing strategies such as amendments, recapitalizations, restructurings, and debt-to-equity conversions.
Coordinate with external advisors, consultants, legal teams, and CROs to help maximize recoveries.
Analyze secondary market opportunities, distressed exchanges, and opportunistic financing scenarios.
Support special situations transactions such as bridge loans, DIP financings, and structured capital solutions.
Strategic Contribution & Leadership
Provide insights on credit risk, deal structuring, and market trends to inform underwriting and portfolio decisions.
Mentor and guide analysts and associates on credit analysis, modeling, due diligence, and restructuring concepts.
Collaborate across underwriting, risk, and portfolio teams to enhance processes and frameworks.
Qualifications
8 to 15 years of experience in direct secured lending or private credit.
Strong background in cash flow and/or asset-based lending, and legal documentation.
Experience supporting workouts, restructurings, or recovery processes within a lending or private credit environment.
Robust understanding of credit documentation, security packages, and restructuring mechanisms (e.g., Chapter 11, Article 9).
Advanced financial modeling, valuation, and scenario analysis skills.
Bachelor’s degree in finance, accounting, or economics; MBA, CFA, or CPA preferred.
Personal Attributes
Strong analytical thinker with sound credit judgment and disciplined risk awareness.
Calm, practical, and solutions-oriented under pressure.
Excellent communication, negotiation, and presentation skills.
Team-focused and effective in a fast-paced investment environment.
Compensation Competitive base salary, annual performance bonus.
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Position Overview The VP | Director will play a key role across underwriting, portfolio management, and workout/restructuring activities within the firm’s private credit platform. The ideal candidate brings strong experience in corporate secured lending – cash flow or/and asset-based lending. The VP | Director will drive rigorous deal analysis, disciplined portfolio oversight, and support capital preservation and recovery strategies across performing and non-performing assets. The role requires strong analytical abilities, credit judgment, and effective coordination with senior leadership and cross-functional teams.
Key Responsibilities Underwriting & Execution
Lead underwriting workstreams and conduct detailed credit due diligence for new investment opportunities.
Evaluate company fundamentals, cash flow drivers, leverage capacity, collateral coverage, and downside risks.
Build and review financial models, and sensitize projections.
Work with legal counsel on credit agreements, collateral documentation, and intercreditor arrangements.
Prepare and present underwriting materials and investment committee memoranda, articulating thesis, risks, structural protections, and expected returns.
Portfolio & Risk Management
Manage an assigned portfolio of credit investments, monitoring borrower performance, covenant compliance, and collateral trends.
Maintain and update internal credit ratings, watchlists, and key performance metrics.
Participate in periodic portfolio reviews and contribute to internal valuations and investor reporting.
Identify early warning signals and collaborate with senior team members to implement proactive risk-mitigation strategies.
Workouts, Restructurings & Special Situations
Support workout, restructuring, and recovery strategies for underperforming or distressed loans.
Assist in developing and executing strategies such as amendments, recapitalizations, restructurings, and debt-to-equity conversions.
Coordinate with external advisors, consultants, legal teams, and CROs to help maximize recoveries.
Analyze secondary market opportunities, distressed exchanges, and opportunistic financing scenarios.
Support special situations transactions such as bridge loans, DIP financings, and structured capital solutions.
Strategic Contribution & Leadership
Provide insights on credit risk, deal structuring, and market trends to inform underwriting and portfolio decisions.
Mentor and guide analysts and associates on credit analysis, modeling, due diligence, and restructuring concepts.
Collaborate across underwriting, risk, and portfolio teams to enhance processes and frameworks.
Qualifications
8 to 15 years of experience in direct secured lending or private credit.
Strong background in cash flow and/or asset-based lending, and legal documentation.
Experience supporting workouts, restructurings, or recovery processes within a lending or private credit environment.
Robust understanding of credit documentation, security packages, and restructuring mechanisms (e.g., Chapter 11, Article 9).
Advanced financial modeling, valuation, and scenario analysis skills.
Bachelor’s degree in finance, accounting, or economics; MBA, CFA, or CPA preferred.
Personal Attributes
Strong analytical thinker with sound credit judgment and disciplined risk awareness.
Calm, practical, and solutions-oriented under pressure.
Excellent communication, negotiation, and presentation skills.
Team-focused and effective in a fast-paced investment environment.
Compensation Competitive base salary, annual performance bonus.
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