Capital Markets Associate

Required

• 3+ years of relative experience in a Capital Markets role
• Advanced Excel financial modeling: fully dynamic models built from scratch with lookup / index-match / sumifs discipline, clean formatting conventions, and no hardcodes in formula cells.
• Credit fluency: leverage and coverage analysis, debt capacity, cash flow and liquidity forecasting, and the ability to defend assumptions to lenders and leadership.
• Command of financing instruments and mechanics (e.g., revolvers vs. term loans, ABLs, HY bonds, converts, private credit, preferred equity, warrants) including pricing, covenants, security packages, and key credit agreement terms.
• Clear written and oral communication: credit memos, lender presentations, one-pagers, and board-quality deliverables, with the ability to present materials to leadership and work cross-functionally.
• High ownership and curiosity, strong attention to detail, and comfort owning deliverables with minimal oversight in a fast-paced, scrappy environment.
• What Will Set You Apart
• Prior DCM, leveraged finance, restructuring, private credit, or corporate treasury / capital markets experience, ideally covering industrials, defense, or deep tech.
• Familiarity with A&D and advanced-manufacturing markets and the players in them.
• Exposure to project finance and large-scale capital investment analysis (facility buildouts, infrastructure, capex-heavy programs).
• Experience reviewing or negotiating credit agreements, term sheets, and commitment papers with high attention to detail.
• Familiarity with government financing programs (e.g., DoD Office of Strategic Capital, DPA Title III, state and local incentives) and how they fit into a capital stack.