Talent.com
Diligence Analyst / Associate (Specialty Finance)

Diligence Analyst / Associate (Specialty Finance)

Hilco GlobalChicago, IL, US
job_description.job_card.1_day_ago
serp_jobs.job_preview.job_type
  • serp_jobs.job_card.full_time
job_description.job_card.job_description

Diligence Analyst / Associate Specialty Finance

Location : Quincy, MA Chicago, IL

Hilco Diligence Services :

Hilco Diligence Services (HDS) provides due diligence services, including transaction services and field exams for traditional and complex transactions across many different industries. Our services include borrowing base development, inventory and accounts receivable performance metrics and comprehensive collateral analysis. Our lines of business include, but are not limited to ABL style transactions, specialty finance transactions and retail lending transactions. Our reports are used by lenders, advisors and / or investors (commercial banks, investment banks, debt advisors, private equity firms and hedge funds) to provide a reliable basis for structuring and monitoring loans and other transactions. The Hilco Diligence Services team is comprised of a diverse set of experienced professionals who deliver solutions to our clients our team possesses a combination of credit, lending, work out, syndication, back office and diligence experience, to provide on the ground diligence solutions to our clients and therefore a reliable basis for structuring loans and other transactions.

Company Overview :

Hilco Global is a privately held diversified financial services company and the world's preeminent authority on maximizing the value of assets for both healthy and distressed companies. Hilco Global financial services leverage a unique blend of deep restructuring and advisory experience with capital solutions and principal investing. Hilco Global delivers customized solutions to undervalued, high potential companies to resolve complex and stressed situations and enhance long-term enterprise value. Hilco Global operates as a holding company comprised of over twenty specialized business units that work to help companies understand the value of their assets and as needed monetize the value. Hilco Global has almost 4 decades of a successful track record of acting as an advisor, agent, investor and / or principal in any transaction. Hilco Global works to deliver the best possible result by aligning interests with clients and providing them strategic insight, advice, and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has 800 professionals operating on five continents and has large offices located in Boston, Chicago, New York, and Philadelphia within the USA.

Position Overview :

This individual will be based within HDS' specialty finance group which provides field examination reports to prospective / existing lenders based on the operational effectiveness and underlying collateral performance of the borrower company. The focus of the specialty finance team is companies primarily operating in, but not limited to, consumer (such as unsecured loans, rent-to-own or vehicle finance) and commercial (such as equipment leases, healthcare receivables or AR factoring) financing operations and also corporate businesses with securitization programs collateralized by outstanding trade receivables.

Responsibilities include performing all procedures required for Hilco to issue a report to prospective / existing lenders based on review / examination of receivables, leases, loan commitments, or other such soft assets, by :

  • Conducting management interview and inquiry to identify risk management issues and evaluate operational effectiveness of the company,
  • Testing compliance with lender reporting,
  • Performing sample-based testing, verification and other documentation-based analysis,
  • Preparing reporting which highlights key findings,
  • Participating in meetings with potential / existing lenders and delivering findings in a concise but effective manner.

This position requires up to 40% travel to client locations primarily domestic. Travel to foreign countries may occur.

Requirements :

  • Bachelor's Degree in Accounting or Finance; Accounting Degree or CPA a plus
  • 2-5 years financial analysis experience or accounting-related field (actual level will be commensurate with candidate's experience)
  • Advanced Microsoft Office skills (Advanced Excel spreadsheet skills, strong working knowledge of Word and PowerPoint)
  • Excellent verbal, written and interpersonal communication skills
  • Basic accounting knowledge
  • Strong quantitative and analytical skills and excellent attention to detail
  • Ability to work under time constraints and meet aggressive deadlines
  • Collaborate effectively with others
  • Desire to work in a fast-paced environment
  • Consumer lending or accounting experience a plus
  • Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, sexual orientation, genetic information, marital status, gender, veteran, or disability status.

    Hilco Global strives to comply with all applicable local / state regulations regarding displaying salary ranges. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, Hilco Global is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health.

    serp_jobs.job_alerts.create_a_job

    Specialty Finance • Chicago, IL, US