Senior Associate or Vice President, Investments at Prove Partners

About this role

Senior Associate / Vice President, Investments Remote Position Reports to: Executive Vice President of Investments Role Overview The Senior Associate / Vice President, Investments (the “Investment Professional”) will be a core member of PROVE Partner's parent company Allira’s investment team, supporting the full transaction lifecycle for Allira’s non-single-event business lines: bulk purchases of medical lien receivables, acquisitions of pre-settlement funding portfolios, and attorney lending. The Investment Professional will be trained to source, underwrite, structure, and execute these transactions and to manage the resulting assets through resolution, with Vice President candidates expected to lead transactions with greater independence and help develop junior team members. The Investment Professional will work directly with the Executive Vice President of Investments on pipeline management, portfolio-level due diligence, cash flow modeling, investment committee materials, legal documentation, asset boarding, and ongoing performance monitoring. The role will work cross-functionally with Finance, Legal, Servicing, Sales, and Allira’s institutional capital partners to ensure transactions are structured appropriately, operationally executable, and aligned with Allira’s return targets. This is a hands-on, high-growth role for a candidate who wants to build deep expertise in an esoteric, cash flow-based asset class and help scale Allira into a best-in-class litigation finance investment platform. Title and compensation will be commensurate with experience. Key

Sourcing and Pipeline Management
Partner with sales, brokers, and referral sources to convert prospective medical providers, pre-settlement funders, and law firms into closed transactions
Screen inbound bulk receivable, portfolio purchase, and attorney lending opportunities against Allira’s investment criteria and return thresholds
Manage and maintain the pipeline of active opportunities, including tracking status, data requests, and next steps for each prospect
Prepare marketing materials, indicative pricing, and preliminary analyses for prospective counterparties
Participate in prospect and client meetings, including periodic travel to counterparties



Underwriting and Due Diligence
Conduct portfolio-level due diligence on medical lien receivables and pre-settlement portfolios, including concentration analysis by law firm, provider, state, case type, and modality
Build and maintain static pool, collection curve, duration, and cash flow models to project returns and downside scenarios
Perform corporate, principal, and guarantor diligence on medical providers, pre-settlement funders, and law firms for attorney lending facilities
Analyze historical reduction, write-off, and resolution timing data to validate underwriting assumptions and pricing
Coordinate legal, servicing, and operational diligence with internal teams and outside counsel
Review case-level data, lien documentation, and servicing files to assess collateral quality and enforceability



Transaction Structuring and Execution
Draft term sheets and proposals across a range of structures, including outright purchases, forward flow arrangements, lines of credit, and non-recourse advances with upside-sharing or promote features
Prepare investment committee memoranda and return models for transaction approval
Support negotiation of definitive documentation, including purchase agreements, credit agreements, and servicing agreements, in coordination with Legal
Facilitate asset boarding, funding mechanics, and treasury coordination at closing
Support post-closing items including go-forward fundings, re-underwrites, audits, and amendments



Portfolio Management and Asset Monitoring
Monitor performance of acquired portfolios and attorney lending facilities, including paydown timing, collections, covenant compliance, and realized versus underwritten outcomes
Maintain portfolio reporting on yield, MOIC, IRR, vintage trends, and concentration by counterparty, law firm, provider, and geography
Identify emerging risks and trends and help develop remediation plans with Servicing and Legal
Prepare materials for regular portfolio reviews with leadership and support borrowing base and capital partner reporting with Finance
Support investor and lender diligence requests related to portfolio performance and asset quality


Data, Analytics, and Process Improvement

Help build and maintain underwriting templates, return models, and decision-support tools across bulk receivables, pre-settlement, and attorney lending
Improve feedback loops between origination, underwriting, Servicing, and realized performance
Support the development of portfolio analytics, scenario analysis, and forecasting frameworks
Leverage AI tools day-to-day to accelerate diligence, modeling, memo drafting, and data analysis, and identify and help implement process-improvement, automation, and AI opportunities to streamline deal execution and strengthen portfolio oversight
Relationship Management and Collaboration
Establish and cultivate strong, long-term relationships with medical providers, pre-settlement funders, law firms, brokers, and institutional capital partners
Coordinate across Sales, Legal, Servicing, and Finance to ensure a seamless counterparty experience from sourcing through post-closing support
Foster strong coordination across business lines and contribute to a collaborative, data-driven team culture
Qualifications
3–5 years (Senior Associate) / 5–7 years (Vice President) of direct experience in structuring, underwriting, or executing financial transactions, preferably in asset-based finance, specialty finance, structured credit, or receivables investing at an investment bank, private credit fund, asset manager, specialty finance company, or similar institution
Strong quantitative, financial modeling, and analytical skills, including experience building cash flow models and analyzing portfolio-level data (static pools, collection curves, concentrations)
Working understanding of risk-adjusted return analysis, asset performance monitoring, and transaction structuring
Experience drafting investment memoranda and reviewing financing structures and associated legal agreements; Vice President candidates should have a demonstrated track record of independently leading transactions from sourcing through closing
Strong attention to detail, commercial judgment, and the ability to manage multiple transactions simultaneously in a fast-paced environment
Clear written and verbal communication skills, with the ability to engage credibly with counterparties, capital partners, and senior leadership
Advanced proficiency in Microsoft Excel, Word, and PowerPoint, and using AI tools (e.g., Copilot, ChatGPT, Claude) as an everyday part of the workflow for analysis, drafting, and research; experience with SQL, Power BI, Salesforce, or similar tools a plus
Familiarity with litigation finance, medical receivables, pre-settlement funding, law firm lending, or adjacent esoteric asset classes preferred; Bachelor’s degree required
Success Metrics
Volume and quality of opportunities screened, underwritten, and closed at or above target risk-adjusted return thresholds
Accuracy of underwriting assumptions relative to realized portfolio performance
Timeliness and quality of investment committee materials, models, and diligence deliverables
Effective monitoring and early identification of portfolio risks and
Strength of counterparty, broker, and capital partner relationships
Smooth execution of closings, asset boarding, and post-closing support
Progression toward independent ownership of transactions from sourcing through closing
Measurable contributions to underwriting tools, reporting infrastructure, and process-improvement initiatives
Reporting Structure The Investment Professional will report to the Executive Vice President of Investments of Allira and will work closely with the CFO, Legal, Servicing, Sales, business line heads, and Allira’s capital partners. Originally posted on Himalayas