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Coda Search│Staffing

Private Credit Associate

Coda Search│Staffing, New York

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This range is provided by Coda Search│Staffing. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$175,000.00/yr - $225,000.00/yr

Additional compensation types

Annual Bonus

We are currently partnered with the private credit arm of a top alternatives firm looking to expand their business by bringing on an associate to join the team. This firm is known for being an industry leader and crafting a great employee-centric culture of developing and promoting talent from within.

The Associate will play a key role in deal execution, credit analysis, portfolio monitoring, and investment strategy development. The role will focus on evaluating, underwriting, and managing direct lending and opportunistic credit investments across various industries. The ideal candidate will have 2-5 years of experience in private credit, leveraged finance, direct lending, investment banking, or credit research. This is an excellent opportunity for a finance professional looking to gain hands-on investment experience in a dynamic and fast-paced environment.

Key Responsibilities:

Investment Analysis & Underwriting

  • Conduct fundamental credit analysis, including financial modeling, cash flow projections, downside risk assessment, and credit structuring.
  • Evaluate capital structures, collateral quality, borrower financials, and industry trends to assess creditworthiness.
  • Perform detailed due diligence on potential investments, including management meetings, third-party research, and market analysis.
  • Support structuring, negotiation, and documentation of loan agreements, including covenant analysis and pricing considerations.
  • Prepare investment committee memos and presentations summarizing key deal insights and recommendations.
  • Assist in structuring and closing transactions, coordinating with investment banks, lawyers, and external advisors.
  • Monitor existing portfolio investments, tracking borrower performance, industry developments, and compliance with loan covenants.
  • Proactively identify potential risks within the portfolio and provide recommendations for risk mitigation.
  • Support amendments, restructurings, and work-out situations when needed.

Market Research & Strategy

  • Stay informed on credit markets, industry trends, macroeconomic developments, and regulatory changes affecting private credit investments.
  • Conduct relative value analysis to identify attractive investment opportunities across different sectors and capital structures.
  • Assist in developing investment strategies, helping the firm optimize risk-adjusted returns across its credit portfolio.

Requirements

  • Bachelor’s degree in Finance, Economics, Accounting, or a related field (MBA or CFA a plus).
  • 2-5 years of experience in private credit, private equity, structured finance.
  • Strong financial modeling and credit underwriting expertise.

Seniority level

  • Seniority level

    Associate

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Analyst, Business Development, and Finance

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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