Senior Associate, Private Credit - Special Situations

Senior Associate – Capital Solutions

Location: New York, NY

An established alternative investment manager is seeking a Senior Associate to join its Capital Solutions team in New York. The team focuses on providing bespoke financing solutions to companies through flexible, structured and alternative lending strategies.

This is an opportunity to play a key role across the investment lifecycle, taking ownership of complex transactions from initial credit analysis and structuring through execution and closing.

Key Responsibilities

• Lead deal execution across a diverse capital solutions investment platform.
• Conduct in-depth fundamental credit analysis, including financial statement analysis, cash flow modeling, business and industry assessment, and capital structure evaluation.
• Analyze complex transactions, collateral packages, covenants and structural protections.
• Evaluate downside scenarios, asset valuations and potential recovery outcomes.
• Structure and negotiate transaction terms, legal documentation and governance arrangements.
• Build and maintain sophisticated corporate and asset-based financial models.
• Develop investment theses and present recommendations to the Investment Committee.
• Work closely with internal and external stakeholders, including legal teams, lenders, investment banks and other financial counterparties.
• Identify and originate bespoke and structured investment opportunities, contributing to the development of new deal flow.
• Build and maintain relationships across the lending, banking and specialty finance markets.

Candidate Profile

• Minimum of 5 years of relevant experience within credit investing, ideally at a private credit, special situations, distressed debt or asset-based lending platform.
• Experience in restructuring, complex credit situations and/or asset-based lending is highly desirable.
• Strong understanding of credit underwriting, financial modeling and complex capital structures.
• Demonstrated experience executing transactions and independently managing deal processes.
• Strong proficiency in Excel and PowerPoint, with familiarity using AI tools in an investment environment.
• Excellent analytical, communication and presentation skills.
• Ability to operate independently, manage multiple workstreams and work effectively in a fast-paced investment environment.

The ideal candidate will have a strong credit investment foundation, sound commercial judgment and the ability to take ownership of complex transactions. Experience sourcing investment opportunities and developing external relationships is a plus, although the primary focus will be leading deal execution.