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Form of workJob Description:
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.
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 companies primarily operating in, but not limited to, auto finance (BHPH), commercial and consumer loans and leasing companies, distressed debt investors, mortgage lending, premium finance, retail finance (consumer credit / BNPL) and rent-to-own. This individual will also learn and help with ABL and/or retail transaction field exams, as needed.
Responsibilities include performing all procedures required for Hilco to issue a report to prospective / existing lenders based on review / examination of accounts receivable, loan commitments, or other such soft assets, by:
Requirements:
#LI-Hybrid
Hilco Global is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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.
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 companies primarily operating in, but not limited to, auto finance (BHPH), commercial and consumer loans and leasing companies, distressed debt investors, mortgage lending, premium finance, retail finance (consumer credit / BNPL) and rent-to-own. This individual will also learn and help with ABL and/or retail transaction field exams, as needed.
Responsibilities include performing all procedures required for Hilco to issue a report to prospective / existing lenders based on review / examination of accounts receivable, 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 25-30% travel to client locations primarily in North America. Travel to foreign countries may occur.
Requirements:
- Commute to the Northbrook, IL Office on a hybrid schedule.
- Bachelor's Degree in Accounting or Finance; Accounting Degree or CPA a plus
- 0-3 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, PowerPoint and familiarity with Access a plus)
- 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
#LI-Hybrid
Hilco Global is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
