Analyst, Underwriter (Direct Lending)

Principal Global Services is a leading financial services firm seeking an Analyst for their Direct Lending team. The Analyst will conduct due diligence, support credit memo preparation, and monitor portfolio performance, ensuring accurate data for reporting purposes.

Responsibilities

• Conduct due diligence including company and industry research, financial analysis, and cash flow modeling to assess creditworthiness
• Support preparation of credit memos and present recommendations to the investment committee
• Partner with stakeholders including sponsors, management teams, bankers, and internal teams
• Monitor portfolio performance and compliance with credit agreements and internal policies
• Ensure portfolio data is accurate, timely, and complete for reporting purposes
• Collaborate with team members to support deal execution and ongoing business initiatives

Skills

• Bachelor's degree in finance, accounting, economics, or a related field (minimum of 3.50 GPA)
• Ability to analyze financial statements, evaluate data, and formulate conclusions; familiarity with leveraged buyout modeling
• Proficient in Excel, Microsoft Word and PowerPoint
• Previous experience with Bloomberg preferred
• Knowledge of private credit/direct lending and fixed income strategies, including general knowledge of bond mechanics and pricing calculations is preferred
• Familiarity with database structures, big data techniques (i.e. Cassandra, Spark and Hadoop), and programming languages (i.e. Python, MATLAB, R) a plus
• Previous internship in finance preferred

Benefits

• Non-sales positions have the opportunity to participate in a bonus program.
• Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance.
• Coaching and mentorship from senior team members committed to your long-term development
• Ongoing training and opportunities to build new skills and take on increased responsibility
• Access to tools and resources that enable you to work efficiently and effectively
• Opportunities to expand your network through volunteering, targeted events, and strategic introductions
• Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness.
• Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.
• We’re open to considering in-office or hybrid talent.
• Locations for hybrid talent Chicago, Des Moines, or New York City.
• You’ll work with your leader to figure out which option may align best based on several factors.

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