Associate Director, Credit Risk Management

Purpose and Job Summary:
We are seeking an Associate Director with 4–5 years of solid credit underwriting and investing experience.  Knowledge of key principles of asset-based lending (ABL) or distressed assets including debtor-in-possession (DIP) financing is a plus. The role involves overseeing risk evaluation, structuring, and execution of liquidation strategies and ABL/DIP financing solutions, ensuring recovery maximization while mitigating downside exposure. The ideal candidate will combine financial acumen with strong restructuring knowledge and the ability to navigate complex distressed situations in a timely manner.
Essential Duties and Responsibilities:

• Evaluate and manage risks associated with distressed asset liquidation and ABL/DIP financing transactions.

• Assess borrower financial condition, liquidity needs, and viability of restructuring or financing solutions.

• Support structuring and underwriting of ABL/DIP financing, including borrowing base collateral evaluation, covenant development and legal documentation.

• Conduct asset valuation, cash flow forecasting, and recovery analysis to inform liquidation or financing decisions.

• Collaborate with restructuring advisors, legal counsel, and investment teams to evaluate and mitigate risks in liquidation strategies.

• Monitor DIP loan performance and borrower compliance with financing terms.

• Prepare risk memos, scenario analyses, and presentations for senior management, and investment committees.

• Track market trends, bankruptcy cases, and distressed financing structures to manage risk in new transactions and existing portfolio.

Education, Skills and Experience:
Bachelor’s degree in Finance, Real Estate, Accounting, or related field (Master’s preferred).

• 4–5 years of solid credit underwriting and investing experience, preference given to candidates with distressed asset management, restructuring, or special situations finance.

• Strong understanding of liquidation processes, collateral valuation, and recovery strategies.

• Proficiency in accounting, valuation, financial modeling, cash flow analysis, and distressed debt analysis.

• Strong negotiation and stakeholder management skills.

• Ability to work independently and manage complex transactions under tight timelines.

• Keen ability to construct concise, persuasive verbal and written investment opinions to present to senior management and investment committees.

• Advanced Excel and financial modeling skills; experience with restructuring tools or legal processes preferred.

Annual base salary gross: $125k to $160k (IL only) . The base salary range represents the estimated low and high end of the ORIX USA’s salary for this position. Actual base salaries will vary and will be based on various factors, such as candidate’s qualifications, skills, competencies and proficiency for the role. The base pay is one component of ORIX USA’s total compensation package for employees. Other rewards and benefits include cash bonuses, long term incentives, health insurance, accident and life insurance, and retirement benefits.  Please visit our Benefits page for additional information.

Life at ORIX

We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.

You Time

We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.

Family Care

Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.

Flexible Work Arrangements

ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.

ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.