Senior Associate, Asset-Backed Finance & Capital Markets

We’re hiring at Pitney Bowes, where top talent builds meaningful careers and lasting impact. We Move fast, Deliver excellence, and Win together…that’s The Pitney Bowes way. Here, how we work matters just as much as what we achieve.

We’re looking for people who:

• Act with urgency, accountability, and purpose

• Deliver high quality work with consistency and pride

• Collaborate effectively and elevate those around them

• Focus on outcomes that drive impact and growth

Job Description:

You Are

A finance professional who brings strong financial modeling, credit judgment, attention to detail, and the ability to communicate complex financing structures clearly.

You will support the underwriting, structuring, closing, and ongoing management of asset-backed credit facilities for institutional borrowers, including private equity, venture capital, and alternative asset managers. You will evaluate financing opportunities secured by diversified collateral such as fund interests, subscription commitments, investment portfolios, special purpose vehicles, business development companies, and middle-market loan assets.

You are comfortable working across relationship managers, credit officers, legal counsel, and operations partners to evaluate transactions and support them from initial underwriting through closing and ongoing portfolio management.

You Will

Transaction Underwriting & Structuring

• Evaluate new specialty lending opportunities from initial screening through approval and closing.
• Analyze borrower and sponsor strength, collateral quality, cash flows, leverage, liquidity, repayment sources, and structural protections.
• Build and maintain transaction models incorporating borrowing-base mechanics, advance rates, eligibility criteria, concentration limits, coverage tests, covenants, and bank return metrics.
• Perform base, downside, and severe-downside stress tests to assess collateral performance, covenant headroom, and repayment capacity.
• Recommend transaction structures and risk mitigants consistent with the bank’s credit standards and risk appetite.

Credit Approval & Due Diligence

• Prepare clear, concise credit memoranda describing the borrower, transaction structure, collateral, financial analysis, key risks, mitigants, and recommendation.
• Present transactions to credit committee and respond to questions, conditions, and follow-up requests.
• Lead financial and collateral diligence, including review of portfolio data, historical performance, valuation practices, organizational documents, and material contracts.
• Validate source data and reconcile model assumptions and outputs to financial statements, collateral reports, and transaction documents.

Documentation & Execution

• Partner with internal and external counsel to review credit agreements, security documents, amendments, and closing deliverables.
• Confirm that approved economic terms, collateral protections, reporting requirements, and remedies are accurately reflected in documentation.
• Coordinate internal stakeholders, clients, and counsel to complete closing conditions and support timely funding.

Portfolio Management

• Monitor assigned relationships through covenant testing, borrowing-base reviews, collateral surveillance, risk-rating assessments, and periodic credit reviews.
• Evaluate amendments, waivers, extensions, and incremental financing requests, escalating material risks when appropriate.
• Track market and portfolio developments that may affect collateral values, liquidity, or repayment prospects.
• Maintain accurate credit files, models, approval records, and monitoring reports.

You Bring

• Bachelor’s degree in finance, accounting, economics, business, or a related field.
• 2 to 5 years of experience in specialty finance, asset-backed lending, structured credit, leveraged finance, commercial banking, private credit, or a related underwriting role.
• Strong financial statement analysis, cash-flow modeling, credit underwriting, and risk-assessment skills.
• Advanced proficiency in Microsoft Excel and demonstrated ability to work with large collateral datasets.
• Excellent written and verbal communication skills, including experience preparing decision-ready credit materials.
• Strong organization, attention to detail, sound judgment, and the ability to manage multiple transactions and deadlines.

Preferred Experience

• Experience with subscription lines, NAV or SPV facilities, BDC financing, warehouse facilities, or other borrowing-base structures.
• Familiarity with fund documents, collateral eligibility provisions, security interests, cash-control arrangements, and financial covenants.
• Experience presenting transactions to a credit committee and collaborating with relationship managers, risk teams, operations, and legal counsel.

Compensation

The wage range for this position is $115,000-$125,000 per year, with the actual pay dependent on your skills, experience, and location as they relate to the job requirements. This role is eligible for an annual performance bonus.

We will:

• Provide the opportunity to grow and develop your career
• Offer an inclusive environment that encourages diverse perspectives and ideas
• Deliver challenging and unique opportunities to contribute to the success of a transforming organization
• Offer comprehensive benefits globally(PB Benefits and Wellbeing Programs)

Pitney Bowes is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard for race, color, sex, religion, national origin, age, disability (mental or physical), veteran status, sexual orientation, gender identity, or any other consideration made unlawful by applicable federal, state, or local laws.

All qualified applicants, including Veterans and Individuals with Disabilities, are encouraged to apply. 

All interested individuals must apply online. Individuals with disabilities who cannot apply via our online application should refer to the alternate application options via our Individuals with Disabilities link.