Covalto is seeking a Senior Associate to join the Global Venture Lending team. This is a highly technical role focused on the analysis, structuring, and management of complex credit investments across the Americas. You will act as a key execution lead for the platform, responsible for driving deals from initial due diligence through to closing and portfolio monitoring.
In the short term, you will manage one direct report and assist the Managing Director in scaling the team by hiring and onboarding additional resources.
Key Responsibilities
Deal Execution: Lead the development and rigorous review of financial and credit models, including detailed cash flow forecasting, scenario analysis, and stress testing.
Due Diligence: Coordinate comprehensive due diligence processes, interfacing directly with management teams and venture sponsors to evaluate business models and creditworthiness.
Structuring: Design and analyze transaction structures, including collateral packages, restrictive covenants, and risk mitigation strategies tailored to high-growth companies.
Investment Committee: Prepare and present high-conviction investment memorandums and credit papers to the Investment Committee.
Legal & Closing: Support the negotiation of legal documentation and the execution of transactions, collaborating closely with internal and external counsel.
Portfolio Management: Oversee portfolio health, monitor covenant compliance, and evaluate ongoing performance against the original investment thesis.
Team Leadership: Supervise and mentor junior analysts, ensuring high standards of technical output and supporting the recruitment of new team members.
Qualifications
Experience: 4–7 years of experience in Venture Debt, Structured Finance, Private Credit, or a related technical lending field.
Technical Skills: Advanced proficiency in financial modeling and data analysis.
Ecosystem Knowledge: Strong understanding of the venture capital lifecycle and credit dynamics within the technology and fintech sectors.
Languages: Native or professional fluency in both English and Spanish is required.
Education: Bachelor’s degree in Finance, Economics, or a related field; CFA or advanced degree preferred.
Position Details
Reporting: Reports to the Managing Director, Global Venture Lending.
Location: TBD (Mexico City or Remote Colombia).
Attributes: We are looking for a proactive "business owner" who operates with technical precision, humility, and a results-oriented mindset.
