ExcelStructured CreditAsset-Based LendingData AnalysisFinancial ModelingBorrowing Base Modeling
TPG에서 Asset-Based Finance 팀의 Asset Management Analyst를 채용합니다. 구조화 금융 및 자산 기반 대출 분야에서 2~4년의 경력을 보유한 분을 찾습니다. Excel을 활용한 모델링 및 대규모 데이터 처리 능력이 필수이며, 자산 관리 및 포트폴리오 모니터링 업무를 주도적으로 수행하게 됩니다. 꼼꼼한 데이터 관리와 프로세스 개선 역량이 중요합니다.
TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, has investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.
TPG’s success depends on our people, and we build and sustain our world-class team by creating an inclusive, supportive culture within the firm that seeks excellence and encourages humility and transparency. The quality of our investments and our ability to build great companies depend on the originality of our insights. Reaching our firm’s full potential means supporting every team member to bring the fullness of their unique perspective to their work and to our community. We are committed to a diverse, equitable, and inclusive workplace to foster diversity of thought and reflect the breadth of our limited partners and portfolio companies.
Description of Position
TPG Credit’s Asset-Based Finance group is seeking an Asset Management Analyst to support portfolio surveillance, borrowing base operations, and due diligence across a diversified book of warehouse facilities, forward flows, and structured lending transactions. Asset classes span consumer loans, equipment leases, merchant cash advances, credit cards, SME receivables, commercial real estate, and specialty finance. This is a high-ownership role with direct exposure to the full deal lifecycle — from pre-closing diligence through ongoing asset management and IC reporting. The Analyst will work directly with deal team members, counterparties, and external auditors, and will play a meaningful role in building the systems and processes that define how the ABF portfolio operates as it continues to scale.
Principal Responsibilities
Borrowing Base & Facility Compliance
Build and maintain borrowing base models for all active facilities; apply eligibility criteria — DPD cutoffs, concentration limits, product mix constraints — to raw loan tape data on weekly and monthly cycles
Reconcile borrowing base certificates submitted by counterparties against independent calculations; flag discrepancies and escalate material variances to the deal team
Maintain a real-time facility utilization dashboard; monitor trigger thresholds and flag material shifts in collateral pool composition
Track draw requests, repayment instructions, revolving period end dates, amortization schedules, and minimum utilization requirements across all active facilities
Loan Tape Processing & Data Infrastructure
Receive, ingest, and QC loan tape files from all counterparties on varying cadences; maintain standardized schemas across heterogeneous tape formats with differing fields and delivery methods
Assist in building and improving automated workflows for ingestion, field mapping, de-duplication, and anomaly detection including duplicate pledging, stale records, and outlier balances
Maintain data integrity across the portfolio and help develop scalable infrastructure to support a growing number of facilities and counterparties
Portfolio Surveillance & IC Reporting
Produce monthly surveillance packages covering delinquency ratios, default and charge-off rates, excess spread, cash collection multiples, vintage performance, and covenant compliance
Build and maintain vintage analysis matrices across asset classes and facility cohorts
Assist the deal team in producing materials for quarterly IC meetings; synthesize performance trends, covenant headroom, key risks, and recommended actions into clear, concise packages that the team and IC can act on directly
Asset Management Operations
Serve as primary operational point of contact for counterparties; coordinate receipt of borrowing base certificates, financial reports, AUP deliverables, and field audit materials
Manage cash reconciliation by matching expected payments against actual receipts in TPG-controlled accounts
Track backup servicer status — warm, cold, or hot — across all facilities
Maintain master collateral registers and reconcile against custodian confirmations
Track UCC lien filing dates, renewal deadlines, and entity coverage across the portfolio; support the deal team on counterparty correspondence and audit rights
Due Diligence & Framework Support
Support pre-closing diligence on new transactions including loan tape analysis, collateral eligibility testing, asset class performance benchmarking, and completion of standard due diligence questionnaires
Assist with the rollout and ongoing maintenance of a standardized due diligence framework across the ABF portfolio, including managing portions of the DDQ process for new and existing deals
Help calibrate AUP scopes based on deal tier and risk profile; support asset management framework build-out and maintenance of portfolio surveillance and remediation action logs
Dashboards & Process Improvement
Help develop standardized dashboards and reporting tools to reduce manual reconciliation, increase team efficiency, and improve visibility into portfolio risk across the ABF book
Proactively identify workflow inefficiencies and contribute to building automated solutions; expected to flag process gaps and take ownership of improvement initiatives
Requirements
2–4 years of experience in structured credit, asset-based lending, CLO/ABS operations, fund accounting, general accounting, investment banking, or specialty finance
Deep Excel proficiency including dynamic borrowing base models, multi-tab surveillance workbooks, financial models, sensitivity analyses, and covenant and reporting dashboards
Working knowledge of ABL and warehouse facility mechanics: advance rates, borrowing base construction, eligibility criteria, and covenant packages; familiarity with forward flow agreements and pricing a plus
Demonstrated ability to ingest and manipulate large datasets and loan tapes, apply eligibility filters, and build or automate reconciliation workflows
Familiarity with at least two asset classes in the portfolio: equipment leasing, consumer lending, merchant cash advances, credit cards, SME loans, commercial real estate, or specialty finance receivables
Strong attention to detail and clear written communication; ability to translate data findings into a narrative the deal team and IC can act on
Critical thinking and ability to distill complex situations effectively for senior management
Preferred
Familiarity with databases, SQL, Python, or BI tools such as Tableau or Power BI
Experience with AUP processes, field audits, or lender-side due diligence frameworks
Exposure to UCC lien mechanics, custodian reconciliation, or backup servicer arrangements
Graduate degree in finance, economics, accounting, or a related field a plus
Competencies
The ideal candidate is detail-oriented and operationally rigorous, with a strong instinct for data integrity and process discipline. They are intellectually curious about lending mechanics and asset performance, comfortable owning multiple workstreams simultaneously, and able to communicate findings clearly to deal team members and senior management. They see process gaps as problems to solve and take initiative in building solutions.
It is expected that the annual base salary for this role will range from $110,000 – $120,000. Base salary is one component of TPG’s competitive total rewards package which typically includes discretionary compensation, comprehensive health benefits, and paid time off. Other incentives may also be available to certain eligible employees. Create a Job Alert Interested in building your career at TPG Careers Page ? Get future opportunities sent straight to your email.
