Associate, Private Credit - Portfolio Management & Manager Research

Role Description

The experienced Associate will have 2-4 years of experience in private credit manager selection and research. The ideal candidate will possess extensive quantitative, data management and research skills, with a strong desire to become an expert in private credit funds, portfolio construction and risk management.

The candidate will assist and contribute to the investment strategy decisions of the fund—regarding manager selection, portfolio construction, and asset allocation. Ideally the candidate will have prior experience working for an institutional platform working with similar types of portfolios, some manager research experience, and a working knowledge of a range of investment vehicles.

• Assist with day-to-day manager research and portfolio management responsibilities.
• Participate in due diligence visits, calls with portfolio managers and research analysts as part of the manager selection process for the external managers.
• Oversee some investor and fund reporting functions.
• Help shape strategic decisions for the growth objectives for the entire investment platform through ad hoc research, project management, and interdepartmental collaboration.

Skills, experience, qualifications and knowledge required

• 2-4 years of experience of relevant investment management experience.
• Manager research experience at a private credit investment firm (i.e. fund of funds, investment consultant, wealth management platform, etc.) is highly desirable.
• Demonstrated professional investment experience and knowledge of liquid and private credit strategies (i.e. high yield, bank loans, direct lending, structured products, real estate debt, or stressed/distressed debt) is a plus, but not required.
• Demonstrated capacity to learn and develop broad expertise, including working knowledge of: alternative investment strategies; the financial instruments employed globally therein; valuation approaches across securities and derivatives.
• Understanding of, and ideally some experience doing manager selection with public market fixed income/ETFs/hedge funds/equities strategies.
• Strong attention to detail, sense of accountability and dedication to continuous improvement.
• Strong organizational skills and the demonstrated ability to work productively and efficiently in a fast-paced environment with multiple projects, priorities, and deadlines.
• Advanced Excel/Word/PowerPoint skills required; working knowledge of PowerBI or R/Python (or equivalent) is ideal.
• Data driven mindset with strong quantitative and technical skills.
• BS/BA in finance, accounting, mathematics, statistics, engineering or related field required; Master's Degree preferred.
• Progress towards CFA or CAIA designation is desired.

Additional Compensation and Benefits Information

The base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, discretionary awards and eligibility for commissions for applicable sales roles in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave).

If hired in the U.S., employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.