Diligence Analyst/Associate – Specialty Finance
HDS Job Description
Locations: Greater Chicago, IL (Hybrid)
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 reports are used by lenders, advisors and investors to provide a reliable basis for structuring and monitoring loans and other transactions.
The Specialty Finance team focuses on lending businesses and structured transactions where collateral is typically made up of receivables, loans, leases or other financial assets rather than traditional inventory or fixed assets.
Company Overview:
Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company focused on maximizing the value of assets for healthy and distressed companies. Hilco Global operates through more than twenty specialized business units and has professionals operating across multiple continents.
Position Overview:
This Senior Associate will join HDS' Specialty Finance team in Chicago. The role is intended for a candidate with approximately 4-5 years of audit, assurance, transaction services, diligence, field examination, commercial finance or related experience.
The role combines portfolio analysis, operational diligence, collateral testing and report writing. The successful candidate will manage meaningful workstreams, review supporting analysis, interact with borrowers and lender clients, and help translate detailed findings into practical conclusions for banks, private credit funds, institutional investors and securitization participants.
Relevant prior experience may include :
Audit or assurance work for financial services, leasing, lending or specialty finance clients.
Field exams, collateral audits, ABL diligence or borrowing base reviews.
Securitization, structured finance, loan / lease portfolio analysis or lender due diligence.
Large data-set analysis, file testing, credit and collections testing or operational control reviews.
Key Responsibilities
Lead workstreams within specialty finance diligence and manage interactions / project management with Lenders and Borrowers.
Review and validate lender reporting, borrowing base calculations, servicer reports and securitization performance reporting.
Assess underwriting, servicing, collections, cash management and operational controls.
Analyze loan, lease and receivable portfolio performance metrics and identify key collateral trends.
Perform and review sample-based file testing, data validation, payment testing and documentation analysis.
Prepare clear client-facing conclusions, exception summaries and recommendations.
Manage information requests, borrower / servicer interviews and day-to-day engagement execution.
Review work prepared by Analysts or Associates and support coaching on fieldwork, analysis and report drafting.
Ideal Candidate Profile:
Approximately 4-5 years of experience in audit, assurance, transaction services, field examination, due diligence, commercial finance or related lending work.
CPA qualification preferred but not essential.
Direct field exam, lender due diligence, securitization, ABL or specialty finance experience is preferred.
Bachelor's degree in accounting, finance, economics or a related discipline.
Strong Excel, data analysis and financial reconciliation skills.
An eagerness to embrace innovation and leverage new tools and technologies to drive efficiency and continuous improvement.
Strong report writing skills and ability to present findings clearly to lenders, investors and management teams.
Market contacts or prior competitor experience would be a significant plus, but business development is not a core responsibility of the role.
The ability to effectively manage multiple workstreams and competing priorities in a fast-paced environment. Strong time management and organizational skills are essential for success in this role.
Working Model and Travel:
This role will primarily support US Specialty Finance engagements, with opportunities to collaborate with the European team on cross-border or global assignments.
Hybrid working model, with 2-3 days in the office on non-travel weeks as the expectation.
Travel is expected to be approximately 10-20%, depending on client location and engagement requirements.
The Specialty Finance group operates as one integrated team across geographies, so candidates should be comfortable working with colleagues and clients in different time zones. You will be part of a collaborative, high-performing team and will work closely with colleagues at all levels of the organization across multiple locations.
Equal Opportunity Employer:
Hilco Global is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, sexual orientation, genetic information, marital status, gender, veteran, or disability status.
Hilco Global strives to comply with all applicable local/state regulations regarding displaying salary ranges. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, Hilco Global is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. https://hilcoglobal.com/careers-about/
Skills Required
- Approximately 4–5 years of experience in audit, assurance, transaction services, field examination, due diligence, commercial finance, or related lending work
- Bachelor’s degree in accounting, finance, economics, or a related discipline
- Strong Microsoft Excel, data analysis, and financial reconciliation skills
- Strong report writing skills and ability to present findings clearly to lenders, investors, and management teams
- Ability to manage multiple workstreams and competing priorities in a fast-paced environment
- Strong time management and organizational skills
- CPA qualification
- Direct field examination, lender due diligence, securitization, asset-based lending, or specialty finance experience
- Market contacts or prior competitor experience
- Comfort working with colleagues and clients across different time zones
What We Do
Hilco Global is an independent financial services company providing Valuation, Monetization, Advisory, and Capital Solution services for all tangible and intangible assets. Hilco is the world’s preeminent authority in assisting healthy and distressed companies and their constituencies derive maximum value from assets. Hilco provides a suite of strategic services to help companies, their advisors and investors identify the value in business assets, monetize those assets either through acquisition or disposition, and leverage the assets to obtain debt or equity capital. Services include: - Asset Appraisals, Enterprise Valuations and IP Valuations - Retail, Consumer and Industrial Inventory Monetization - Machinery and Equipment Monetization - Real Estate Repositioning - Private Equity Investing - A/R and other Debt Acquisitions - Retail Performance and Profit Enhancement Consulting Hilco is composed of independent operating units, each specializing in one or more aspects of our complete business services package. Operating units are staffed and managed by teams of highly-skilled, experienced men and women, all of whom share an unwavering commitment to quality service, the highest standards of professional ethics and integrity, and to the achievement of successful results. Hilco Global is the holding company for twenty integrated business units delivering expert solutions and proven value on every engagement for 30 years. It provides platform services to the business units, including legal and accounting, marketing and capital. In addition, Hilco delivers the discipline of a parent. While each business group has its own personality and talents, Hilco oversees performance to ensure a level of service consistent with Hilco's elevated standards.
