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Direct Lending Senior Associate

Selby Jennings Chicago, United States
Posted 4 days ago In-Office Job Permanent USD150000 - USD175000 per year + Bonus

Direct Lending Senior Associate

Selby Jennings Chicago, United States

About The Firm

We are partnered with a global asset management firm with approximately $250bn in AUM and a long-standing reputation for delivering exceptional investment outcomes for clients. The firm's Private Credit team manages roughly $4bn in AUM, focusing on middle‑market, sponsor‑backed direct lending.

As the platform continues to scale, the team is seeking an experienced Associate or Senior Associate to join its private credit team in their Chicago office. This individual will play a key role in evaluating new investment opportunities, conducting rigorous credit analysis, and supporting the execution and monitoring of private credit investments.

Key Responsibilities

  • Lead and support underwriting efforts for middle‑market, sponsor‑backed direct lending transactions.
  • Perform detailed financial modeling, including leveraged buyout, cash flow, and downside scenario analyses.
  • Conduct comprehensive due diligence, including industry research, competitive assessments, customer/supplier calls, and management meetings.
  • Prepare and present investment memoranda and recommendations to the Investment Committee.
  • Partner closely with private equity sponsors, management teams, and internal stakeholders throughout the deal process.
  • Assist with ongoing portfolio monitoring, including covenant compliance, performance tracking, and valuation inputs.
  • Contribute to the continuous enhancement of underwriting processes, frameworks, and best practices.

Qualifications

  • 3-7 yearsof relevant experience in leveraged finance or private credit (preferably already in a direct lending role)
  • Strong technical and analytical skill set, including advanced financial modeling capabilities.
  • Experience working on middle‑market, sponsor-backed transactions is strongly preferred.
  • Demonstrated ability to manage multiple deals simultaneously in a fast‑paced environment.
  • Excellent communication skills, with the ability to craft clear, concise, and persuasive investment materials.
  • Team-oriented mindset with strong attention to detail and intellectual curiosity.
job_description_image
Job ID  PR/606006
ABOUT COMPANY
New York, United States
1000 Employees HR & Recruitment
We support the Financial Sciences & Services industry with talent that can truly shape the future of a business. Whether that be Quantitative Analyti...
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