Asset Management - Private Credit Secondaries & Co-Investments - Executive Director

Description:

With over $200 billion of client capital invested across hedge funds, private equity, private credit, real estate and direct investments/co-investments, the Global Alternatives Investment Solutions team brings "best of class" sourcing and offerings of non-traditional investment strategies to institutional, private banking and wealth management clients. A disciplined selection process enables us to offer clients top quality investment opportunities from both within the firm and third-party issuers.

You will be a core member of our private credit investment team focused on North America private credit secondaries and co-investments. The role is designed for a transactions-oriented investor who can lead sourcing, underwriting and execution across a broad set of complex opportunities alongside leading sponsors and managers. You will partner closely with portfolio managers, investment teams, legal, tax, risk, and operational stakeholders, and play a key role in shaping repeatable processes that help scale a growing private credit platform.

• Source, evaluate, and execute private credit secondaries (GP-led and LP-led) and co-investment/direct opportunities across North America
• Lead end-to-end transaction execution across multiple concurrent live processes, including diligence planning, stakeholder coordination, negotiation support, documentation review (with counsel), and closing
• Conduct detailed trade- and fund-level diligence and underwriting, including analysis of underlying portfolio/company credit risk, manager assessment, structural protections, documentation/covenants, leverage, liquidity, and downside scenarios
• Prepare and present clear, high-quality investment materials (screening notes, investment committee memoranda, and portfolio recommendations) and communicate key risks/decision points to senior stakeholders/investment committee
• Partner with portfolio managers on portfolio construction considerations and post-close monitoring, including performance/risk updates and re-underwriting when needed
• Help build and refine scalable underwriting frameworks, diligence playbooks, and execution processes to improve speed, consistency, and risk discipline as the strategy grows
• Engage with internal stakeholders (including Client Advisor and Consultant Advisor teams) and participate in select client/investor discussions to articulate strategy positioning and investment rationale, as appropriate
• Mentor and develop junior team members through day-to-day deal leadership, feedback, and best-practice sharing

• 8+ years of relevant work experience in private credit and/or related credit investing/transactions, with demonstrated ownership of transaction work streams
• Strong underwriting background across corporate and/or structured credit, including ability to evaluate documentation, covenants, structural protections, and downside outcomes
• Demonstrated ability to drive complex, time-sensitive processes with multiple internal and external stakeholders (legal, tax, risk, operations, counter parties, and advisors)
• Excellent written and oral communication skills, including the ability to synthesize complex situations into crisp investment conclusions and present to senior stakeholders/investment committee
• Commercial mindset with strong judgment and relationship skills; comfortable engaging with GPs, intermediaries, and internal partners
• Highly organized, detail-oriented, and able to operate independently in a fast-paced environment with multiple simultaneous priorities
• Bachelor's degree required

• Direct experience executing private credit secondaries (GP-led and/or LP-led), including continuation vehicles and/or fund restructurings
• Direct experience underwriting and executing private credit co-investments/directs (e.g., sponsored direct lending, opportunistic/special situations, asset-based structures)
• Familiarity with portfolio construction and the role of private credit within diversified alternatives portfolios and evergreen/registered fund contexts
• Experience building or improving investment processes (templates, diligence checklists, monitoring frameworks) in a scaling platform environment
• Series 7 and 63 certifications are preferred

JPMorgan

Chase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary…