Asset and Wealth Management - Private Credit Associate - Associate

With over $200 billion of client capital invested across hedge funds, private equity, private credit, real estate, and direct investments/co-investments, the Global Alternatives Investment Solutions team delivers a “best in class” platform for sourcing and accessing differentiated alternative investment opportunities for institutional, private banking, and wealth management clients.
Within Global Alternative Investment Solutions (“GAIS”), Private Credit Solutions is a long-tenured, multi-manager platform with nearly $50bn of capital committed, 24 investment professionals, and deep connectivity across the private credit ecosystem, including 150+ GP relationships and 80+ LP investments since inception, reflecting 18+ years of dedicated private credit investing.
Job Summary
As an Associate on the Private Credit Solutions team, you will play a key role in assisting in sourcing, underwriting, and monitoring of a range of third-party Funds. The role includes additional exposure to secondary fund commitments and co-investments. You will contribute across the full investment lifecycle, from sourcing and diligence through investment committee (“IC”) approval, and ongoing portfolio monitoring, while partnering directly with senior investment professionals and external counterparties globally.
This role offers meaningful responsibility, frequent interaction with fund managers and intermediaries, and the opportunity to develop a differentiated view across private credit strategies, market cycles, and relative value.
Job Responsibilities
Market map, source and evaluate opportunities across a range of credit strategies and vehicle types.
Underwriting and diligence on funds, managers, historical performance, and underlying exposures; synthesize findings into clear investment views and actionable recommendations.
Implement and develop analytical models to assess decompose return attribution, build return bridges, and cash flow analysis.
Own IC and stakeholder materials including IC memoranda, underwriting decks, and recurring portfolio reviews.
Monitor portfolio performance versus underwriting case; identify drivers of variance, emerging risks, and opportunities to optimize outcomes.
Develop market perspective by tracking trends, macro conditions, and strategy performance across US and global private credit markets; translate research into insights for the team.
Collaborate globally with colleagues across New York, London, and India to support team-wide initiatives and knowledge sharing.
Required Qualifications, Capabilities, and Skills
Bachelor’s degree in Finance, Economics, Accounting, Business, or related field.
3+ years of relevant experience (e.g., private investment due diligence, direct lending, private credit investing, leveraged finance, financial sponsors, M&A, or related investing).
Strong financial modeling, valuation, and underwriting skillset; ability to assess credit risk and analyze complex transactions with sound judgment.
Experience producing investment committee materials and performing investment due diligence.
Excellent written and verbal communication skills; ability to present structured, defensible conclusions.
Strong attention to detail, organization, and prioritization in a fast-paced environment; collaborative, high-ownership mindset.
Preferred Qualifications, Capabilities, and Skills
Direct experience sourcing, evaluating, and underwriting primary investments in third-party funds.
Knowledge of private credit fund structures and portfolio valuation methodologies.
A Master's degree or relevant professional certification (e.g., CFA) or progress towards CFA is a plus.