Credit & Debt Financial Modeler – Private Credit (Remote)

Location: Remote

Job Type: Full-Time Independent Contractor (~40 hours/week)

We are partnering with a U.S.-based technology company building advanced AI systems focused on financial modeling and decision-making.

Important Experience Requirement:

Minimum 2 years of full-time, paid finance experience after graduation. Internships, training programs and course projects do not count. This role is not suitable for students or recent graduates.

ABOUT THE OPPORTUNITY

The goal of this project is to train AI to think like real financial professionals: how models are built from scratch, how assumptions are structured, and how credit and debt decisions are made using financial models.

This is a hands-on Excel modeling role where you will build detailed credit and debt models from a blank spreadsheet and explain your logic. We prioritize candidates who can build full models end-to-end and explain why a model works, rather than just producing summary dashboards or tweaking templates.

We evaluate two distinct technical tracks under this posting:

- Credit: 3-statement borrower models, cash flow-based lending, debt sizing, covenant modeling, loan structuring, and downside cases. (If your experience is in leveraged finance, direct lending, or project finance, your background fits our Credit area).

- Debt: Bond pricing, fixed income analysis, and portfolio construction.

KEY RESPONSIBILITIES

- Build dynamic financial models from scratch in Excel across credit underwriting or debt valuation scenarios.

- Structure assumptions, drivers, and logic while linking full cash flow, debt schedule, and downside flows.

- Model and link 3-statement borrower financials, amortization schedules, payment-in-kind (PIK) interest, dynamic cash sweeps, DSCR, and debt covenants (Credit track).

- Structure bond pricing, yield curves, and fixed income portfolio construction models from the ground up (Debt track).

- Review, debug, and improve model accuracy by identifying incorrect assumptions, broken logic, and structural risks.

- Clearly explain financial logic, decision-making, and why a model works in structured English.

MUST-HAVE REQUIREMENTS

- 2+ years of full-time, paid finance experience post-graduation with heavy modeling exposure in Credit, Private Credit, Direct Lending, Leveraged Finance, Project Finance, Fixed Income, or Bond Portfolio Management. Candidates from Investment Banking or Corporate Finance are considered only with top-tier backgrounds.

- Real-World Model Building: The models you describe must have been built in your job, on real deals or real lending decisions. Models from training courses or case studies do not count.

- Proven ability to build full financial models from a blank spreadsheet in Excel without using pre-built templates, plug-ins, or AI tools.

- Track-Specific Technical Execution:

- Credit Track: Hands-on experience structuring 3-statement borrower models, debt sizing, DSCR and covenants, amortization schedules, PIK interest, cash sweeps, and downside cases.

- Debt Track: Direct experience with bond pricing, fixed income analysis, and portfolio construction.

- High attention to detail, model accuracy, and strong professional communication skills in English to clearly articulate financial logic.

- Ability to complete an independent ~3-hour technical modeling take-home assessment in Excel.

- Availability to dedicate full-time hours (~40 hours per week) on an ongoing independent contractor basis.

THIS ROLE IS / THIS ROLE IS NOT

- This role IS: Hands-on model building from a blank workbook, creating benchmark datasets, auditing logic, and articulating institutional financial reasoning.

- This role is NOT: An internal corporate finance, FP&A, or deal-structuring role; it does not involve loan administration, retail collections, or client presentations.

NOT A FIT IF

- You rely on pre-formatted templates, third-party calculators, or add-ins to build your models.

- Your modeling background comes primarily from academic courses, financial modeling bootcamps, or case studies rather than professional employment.

- You are currently seeking a part-time role or cannot commit to ~40 hours per week.

WHY JOIN?

- Full-time independent contractor role with full flexibility: 100% remote, asynchronous workflow where contractors set their own working hours.

- Opportunity to work at the forefront of AI financial reasoning and institutional benchmarking.

HOW TO APPLY

Please submit your application directly via our portal:

🔗 https://jobs.ashbyhq.com/bullpen-talent/f434e3e7-635c-4012-bb55-213600d69d72