Our client is seeking a high‑performing Private Credit Associate to join a lean, entrepreneurial investment team focused on lower‑middle‑market and middle‑market special situations credit investments. The firm deploys flexible private credit across a wide range of industries, targeting mid-teens or better risk-adjusted returns through bespoke capital solutions.
This role offers substantial responsibility and hands-on experience across the full investment lifecycle. Ideal candidates will bring strong analytical capabilities, deal execution experience, and the ability to operate in a dynamic, non-hierarchical environment.
Key Responsibilities
Investment Evaluation & Underwriting
• Conduct comprehensive financial modeling, including leveraged buyout models, downside cases, and cash flow projections
• Evaluate companies across a variety of industries, often with complex capital structures or unique credit needs
• Support origination and screening of new opportunities, particularly in non-sponsor contexts
• Analyze business models, industry dynamics, competitive positioning, and management team capabilities
• Assess collateral, capital structures, and downside protection
Deal Execution
• Lead key workstreams throughout the transaction process, including diligence, QofE review, legal documentation, and risk assessment
• Prepare and present investment materials for the investment committee
• Partner with lenders, advisors, management teams, and internal stakeholders to drive efficient execution
• Assist in structuring creative credit solutions tailored to unique special situations opportunities
Portfolio Management
• Monitor ongoing portfolio company performance, covenant compliance, and risk metrics
• Engage regularly with management teams to track performance and identify opportunities for value creation or risk mitigation
• Prepare internal reporting and participate in ongoing portfolio review discussions
Qualifications
Ideal Background
• 1.5-4 years of experience in:
• Restructuring / RX investment banking
• Leveraged Finance
• Private Credit / Direct Lending
• Special Situations / Distressed Finance
• Strong financial modeling, credit analysis, and valuation skills
• Experience working on credit-intensive, structured, or event-driven transactions
• Comfort evaluating non-sponsor, founder-owned, or operationally complex businesses
• Ability to thrive on a lean team with high visibility and real responsibility
• Strong communication skills and the maturity to interact directly with management teams and advisors
• Intellectual curiosity and a genuine interest in private credit investing
What the Role Offers
• High ownership and involvement across the entire investment process
• Exposure to differentiated deal flow, especially non-sponsor and special situations
• Lean team structure with strong mentorship and senior exposure
• Ability to shape and influence investment decisions early in your career
• Competitive compensation aligned with performance and fund returns
