Fund Management Senior Associate Manager – Private Credit (NYC or Boston) | Global Investment Management firm
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Job Location:
New York City, NY - USA
Monthly Salary:
Not Disclosed
Posted on:
3 hours ago
Vacancies:
1 Vacancy
Job Summary
Fund Management Senior Associate / Manager Private Credit (NYC or Boston)
Location:New York NY (preferred) or Boston MA
Work Model:Hybrid (3 days onsite)
Level:Senior Associate or Manager (depending on experience)
A leading global alternative investment firm is building a newFund Management teamwithin its Private Credit business. This is a high-impact role created to support the rapid scaling of deal volume and to centralize theinvestment allocationprocess across multiple credit vehicles (BDCs SMAs SPVs and levered fund structures).
The firm manages a broad suite of private credit strategies and is known for its collaborative culture rigorous investment process and long-term internal mobility. This role offers significant visibility with Portfolio Managers Treasury Finance and senior leadership.
About the Role
The Fund Management Senior Associate / Manager will become the central point of coordination between the investment team and the broader organizationowning investment allocations ensuring that each asset is placed into the correct vehicle based on mandate eligibility criteria constraints and fund strategy.
This is a new function starting with hands-on operational allocation work and evolving into amore strategic capital deployment role with the expectation that this hire will help grow the team over time.
Key Responsibilities
- Own the investment allocation processfor new deals across BDCs SMAs SPVs and other private credit vehicles.
- Evaluate each asset againsteligibility criteria mandate constraints concentration limits leverage facility terms and strategy alignment.
- Serve as thebridge between Portfolio Managers and the rest of the firm coordinating with Treasury Finance Operations Compliance and Legal.
- Supportnew fund launches including portfolio construction timing data setup and capital deployment.
- Ensure accuracy across reporting booking allocations and system data.
- Partner closely with PMs providing updates and validating allocation decisions.
- Over time grow into a more strategic role advising PMs on capital deployment optimization and fund structure considerations.
Ideal Candidate Profile
Required Experience
- 24 yearsin Private Credit or a closely related structured credit function.
- Direct experience withfund structures leverage facilities or allocation workflows.
- Strong understanding of how private credit vehicles operate (BDC CLO/CLO-like structures cap-call facilities SMAs SPVs).
- Experience evaluating eligibility constraints and concentration metrics.
- Excellent analytical capabilities and comfort working in a fast-paced deal-driven environment.
Preferred Backgrounds
- Private Creditmiddle office Fund Finance or Fund Operations with allocation responsibilities.
- Private Credit investment support roles.
- Structured Credit ABS or CLO operations/analytics.
- Investment Banking analysts/associates with leveraged finance or structured credit exposure (if comp expectations align).
Compensation
- Competitive base salary (varies by experience level)
- Annual performance-based bonus
- Highly attractive retirement and benefits package including profit-sharing
Why Its Compelling
- Be part of anewly built highly visible teamwithin a top-tier credit platform.
- Significant interaction with PMs senior leadership Treasury and Finance.
- Clear pathway to grow into Manager level as the team scales.
- Blend of technical fund mechanics allocations and strategic capital deployment.
- Opportunity to build processes and influence the evolution of a critical function.
Key Skills
- Portfolio Management
- Wealth Management
- Financial Services
- Hybris
- Microsoft Word
- Banking
- Cash Management
- Data Management
- Microsoft Powerpoint
- Securities Law
- Microsoft Excel
- Internet Of Things
