Senior Asset Based Loan ("ABL") Officer

Job Description

Job Description

Who we are:

Nitra's mission is to build a more efficient healthcare system and the technology that makes it possible.  Our goal is to provide an ecosystem of fintech and software solutions that help doctors better manage their practices, so they can have time back to focus on what matters to them most.

We operate with urgency, intensity, and ambition. The bar is high because the opportunity is massive. We expect excellence, ownership, and intellectual rigor from every team member. We move fast, make bold decisions, and hold ourselves accountable to results. At the same time, we believe great companies are built on trust and respect. Every voice matters. Every contribution counts. When we win, we win together.

We are scaling rapidly and on a clear trajectory toward becoming a unicorn this year — and beyond. Our growth is not accidental; it’s the result of disciplined execution, relentless focus, and a team that refuses to settle. We are building a category-defining company, and we’re looking for people who want to do the most meaningful work of their careers.

If you want comfort, this isn’t the place.

If you want impact, ownership, and the chance to help build a generational fintech company, welcome.

Nitra was created by unicorn founders who have successfully scaled to thousands of customers and exited $1B+ public offerings. They are joined by an ambitious and experienced team from American Express, Citi, PayPal, Capsule, Plaid, Bloomberg, Meta, Facebook, and Mastercard. The team is backed by some of the world’s leading VCs (Andreessen Horowitz, NEA, etc.) and is supported by an expert group of advisors including the cofounders of Square and Xendit, executives from Intuit, former Governors, White House senior staffers, and a co-founder of CityMD.

Nitra maintains a hybrid work policy, with team members working from the office four days per week and Wednesdays designated as a work-from-home day.

We're looking for:

We are seeking a Senior Asset Based Loan (ABL) Officer to manage and grow a sophisticated equipment and inventory-backed lending portfolio while helping design and scale new structured credit programs. This role combines portfolio oversight, credit structuring, regulatory compliance, and program innovation.

The ideal candidate is entrepreneurial, experienced in structuring equipment and inventory loans, and capable of collaborating cross-functionally with Product, Engineering, and Finance to build scalable lending infrastructure from scratch.

• Manage portfolio activity for equipment loans and leases which contribute to an aggregate portfolio.
• Create and ensure adherence to all credit policies, standards, procedures, and regulatory compliance requirements.
• Monitor portfolio performance, risk ratings, covenant compliance, and collateral performance.
• Participate in fundraising activities to raise third-party capital (debt and/or equity) to support loan activities
• Lead ongoing credit surveillance and proactively identify emerging risks.
• Structure complex equipment and/or inventory-backed credit facilities.
• Evaluate and make recommendations on new credit requests, renewals, and modifications.
• Capture and document credit decisions, conditions, and structural modifications to balance client needs with internal risk/return requirements.
• Provide underwriting expertise across multiple asset classes and obligor types.
• Build and scale equipment and inventory lending programs from scratch.
• Collaborate closely with Engineering, Product, and Finance teams to design loan infrastructure, risk frameworks, and operational workflows.
• Develop scalable underwriting and credit processes aligned with business growth objectives.
• Contribute to new product strategy and structured lending innovation.
• Manage challenged credits and workout scenarios as needed.
• Develop restructuring strategies to mitigate loss exposure while preserving client relationships.

• BA with 10+ years of experience , or MBA with 7+ years of experience
• Significant background in equipment finance, asset-based lending, or structured credit environments.
• Deep expertise in structuring equipment and/or inventory loans .
• Proven experience building lending programs or credit structures from the ground up.
• Entrepreneurial mindset with comfort operating in high-growth, evolving environments.
• Experience collaborating cross-functionally with Product, Engineering, and Finance teams to develop lending solutions.
• Strong underwriting experience across diverse asset classes and obligor types.
• Ability to balance risk management discipline with business growth objectives.

• Equity - Everyone at Nitra is an owner. When the company wins, you win.
• Competitive Salary - You’re the best of the best, and your salary will reflect your experience and reward your contributions to Nitra.
• Health Care - Your health comes first. We offer comprehensive health, vision, and dental insurance options.
• Retirement Benefits - Your financial stability matters to us so we provide a generous employer 401K match.

The compensation range for this full-time position is $180k - $250k + bonus + equity + benefits. Our salary ranges are determined by role, level, and location. The range displayed reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Please note that the compensation details listed reflect the base salary only, and do not include bonus, equity, or benefits.

Nitra values diversity. We are committed to equal opportunities and creating an inclusive environment for all our employees. We welcome applicants regardless of ethnicity, national origin or ancestry, gender, race, religious beliefs, disability, sex, sexual orientation, age, veteran status, genetic information, citizenship, or any other characteristic protected by law.