Lender Finance - Structured Credit Analyst (Bethesda) at Ally

Job description

Ally and Your Career Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We love this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You’re constantly evolving, so shouldn’t your opportunities be, too? Work Schedule : Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need. 
 The Opportunity This role can either be located in our NYC or Bethesda, MD office. The Analyst will join Ally's Lender Finance team and support the management of a portfolio of financing facilities provided to private credit funds, business development companies, specialty finance companies, and other alternative asset managers. The role offers significant exposure to portfolio management, credit underwriting and deal execution while working closely with experienced professionals across the platform. This position provides a unique opportunity to develop expertise in private credit, fund finance, asset-based lending, and structured credit through participation in both ongoing portfolio oversight and new transaction originations.

 The Work Itself Support the ongoing portfolio management, credit monitoring, and risk oversight of warehouse and back-leverage facilities provided to private credit funds, business development companies, specialty finance companies, and other alternative asset managers. Review monthly borrowing bases, collateral reporting, compliance certificates, financial statements, amendment requests, and new collateral eligibility to ensure ongoing compliance with facility requirements. Analyze underlying loan portfolios to assess collateral composition, borrower performance, leverage and other key credit metrics. Review loan tapes and calculate borrowing base availability by applying eligibility criteria, collateral value adjustments, advance rates, concentration limits, reserves, and minimum equity requirements. Prepare periodic portfolio reviews and risk assessments that summarize facility performance, portfolio trends, emerging risks, and recommended actions for internal stakeholders. Partner with senior team members to evaluate new lender finance opportunities from initial screening through approval, documentation, closing, and post-close onboarding. Evaluate asset managers' investment strategies, underwriting processes, servicing capabilities, track records, historical portfolio performance, and ability to manage through changing credit environments. Conduct transaction due diligence by reviewing fund and borrower financial statements, investment memoranda, underlying credit agreements, portfolio performance data, servicing procedures, and third-party diligence reports. Prepare investment approval materials that clearly explain the asset manager, investment strategy, collateral portfolio, facility structure, borrowing base, key risks, mitigating factors, and credit recommendation. Develop expertise in private credit markets, leveraged lending, fund finance, and Ally's lender finance credit standards through active participation in both portfolio management and live transaction execution. Leverage data, technology, and AI-enabled tools to improve loan-tape analysis, portfolio monitoring, underwriting efficiency, and repor