Private Credit Associate, Direct Lending

A leading private credit investment manager is seeking a Private Credit Associate to join its growing investment team in Baltimore. The firm focuses primarily on direct lending, providing flexible debt capital solutions to middle‑market companies across a wide range of industries.

The role offers broad exposure across the full credit investment lifecycle, including sourcing, underwriting, structuring, execution, and ongoing portfolio management. The team takes a hands‑on approach to investing and works closely with management teams and sponsors to support growth, acquisitions, and refinancing needs.

• Evaluate and underwrite direct lending and private credit investment opportunities.
• Build and maintain detailed financial models, including cash flow forecasts and credit sensitivity analyses.
• Conduct in-depth credit analysis, including assessment of business fundamentals, capital structure, and downside risk.
• Participate in due diligence processes, including management meetings and third‑party advisor interactions.
• Assist in structuring and negotiating loan documentation and financing terms.
• Prepare investment memoranda and present recommendations to senior investment professionals.
• Monitor portfolio company performance, covenant compliance, and overall credit risk.
• Work closely with borrowers, sponsors, and advisors throughout the investment lifecycle.

• 2–5 years of experience in investment banking, leveraged finance, direct lending, private credit, or a related credit‑focused role.
• Strong financial modeling and credit analysis skills.
• Experience analyzing leveraged capital structures and cash flow lending is preferred.
• Familiarity with underwriting middle‑market companies across various industries.
• Strong communication skills and attention to detail.
• Bachelor’s degree with a strong academic record.

• Full exposure to the end‑to‑end direct lending investment process.
• Hands‑on experience across underwriting, structuring, and portfolio management.
• Close interaction with senior investment professionals in a lean team environment.
• Opportunity to work on a wide range of middle‑market credit transactions.
• Strong platform for long‑term career growth in private credit and direct lending.