Asset-Based Finance, Asset Management, Analyst

The posting, as TPG wrote it

About TPG

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, has investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.

TPG’s success depends on our people, and we build and sustain our world-class team by creating an inclusive, supportive culture within the firm that seeks excellence and encourages humility and transparency. The quality of our investments and our ability to build great companies depend on the originality of our insights. Reaching our firm’s full potential means supporting every team member to bring the fullness of their unique perspective to their work and to our community. We are committed to a diverse, equitable, and inclusive workplace to foster diversity of thought and reflect the breadth of our limited partners and portfolio companies.

Description of Position

TPG Credit’s Asset-Based Finance group is seeking an Asset Management Analyst to support portfolio surveillance, borrowing base operations, and due diligence across a diversified book of warehouse facilities, forward flows, and structured lending transactions. Asset classes span consumer loans, equipment leases, merchant cash advances, credit cards, SME receivables, commercial real estate, and specialty finance. This is a high-ownership role with direct exposure to the full deal lifecycle — from pre-closing diligence through ongoing asset management and IC reporting. The Analyst will work directly with deal team members, counterparties, and external auditors, and will play a meaningful role in building the systems and processes that define how the ABF portfolio operates as it continues to scale.

Principal Responsibilities

Borrowing Base & Facility Compliance

• Build and maintain borrowing base models for all active facilities; apply eligibility criteria — DPD cutoffs, concentration limits, product mix constraints — to raw loan tape data on weekly and monthly cycles
• Reconcile borrowing base certificates submitted by counterparties against independent calculations; flag discrepancies and escalate material variances to the deal team
• Maintain a real-time facility utilization dashboard; monitor trigger thresholds and flag material shifts in collateral pool composition
• Track draw requests, repayment instructions, revolving period end dates, amortization schedules, and minimum utilization requirements across all active facilities

Loan Tape Processing & Data Infrastructure

• Receive, ingest, and QC loan tape files from all counterparties on varying cadences; maintain standardized schemas a

[…]
lty finance receivables

• Strong attention to detail and clear written communication; ability to translate data findings into a narrative the deal team and IC can act on
• Critical thinking and ability to distill complex situations effectively for senior management

Preferred

• Familiarity with databases, SQL, Python, or BI tools such as Tableau or Power BI
• Experience with AUP processes, field audits, or lender-side due diligence frameworks
• Exposure to UCC lien mechanics, custodian reconciliation, or backup servicer arrangements
• Graduate degree in finance, economics, accounting, or a related field a plus

Competencies

The ideal candidate is detail-oriented and operationally rigorous, with a strong instinct for data integrity and process discipline. They are intellectually curious about lending mechanics and asset performance, comfortable owning multiple workstreams simultaneously, and able to communicate findings clearly to deal team members and senior management. They see process gaps as problems to solve and take initiative in building solutions.

It is expected that the annual base salary for this role will range from $110,000 – $120,000. Base salary is one component of TPG’s competitive total rewards package which typically includes discretionary compensation, comprehensive health benefits, and paid time off. Other incentives may also be available to certain eligible employees.

TPG is an equal employment opportunity employer that provides equal employment opportunities to all employees and applicants without regard to age, race, religion, color, national origin, ancestry, sex, sexual orientation, gender (including gender identity and expression), alienage or citizenship status, military or veteran status, physical or mental disability, medical condition, genetic information, pregnancy status, breastfeeding (or related medical conditions), familial status, caregiver status, or any other category protected by applicable federal, state, or local laws.