Private Credit Manager

Emirates Investment Authority; Abu Dhabi; On-site; USD 120,000 - 180,000; Full time

Job summary

A leading investment authority in the UAE is seeking a Private Credit Manager to identify, evaluate, and manage private credit fund opportunities. This role offers a unique chance to drive impactful investment strategies while aligning with the UAE's economic diversification goals. Candidates should have extensive experience in private credit and robust analytical skills.

Qualifications

• 7-10 years of relevant private credit experience.
• Demonstrated track record in fund investing.
• Ability to work under pressure.

Responsibilities

• Identify and evaluate private credit fund opportunities.
• Build and manage portfolios of private credit co-investments.
• Conduct due diligence and financial analysis.

Skills

Advanced expertise in private credit investment strategies

Comprehensive financial modeling

Understanding of credit fundamentals

Identifying and mitigating risks

Portfolio construction

Knowledge of private credit markets

Education

Bachelor's degree in Finance, Economics, Business

Advanced degree (MBA, CFA)

Job description

Purpose

• The Private Credit Manager is responsible for identifying, evaluating, executing and monitoring private credit fund and co-investment opportunities across investment themes globally (predominantly North America, Western Europe and Australasia)
• This role combines analytical rigor with strategic thinking in a fast-paced environment to develop and manage a portfolio of private credit fund and co-investments that deliver strong risk-adjusted returns while supporting EIA's long-term investment objectives and the UAE's economic diversification goals
  
  
  

Strategic Responsibilities

• Develop and implement private credit fund and co-investment strategies aligned with EIA's overall asset allocation framework
• Identify emerging trends and opportunities in private credit markets through macroeconomic and industry research
• Develop thematic investment views and sector-specific credit strategies
• Monitor competitive landscape and stay abreast of market innovations and best practices
• Build strategic relationships with key market participants including fund managers, sponsors, placement agents and other institutional investors
  
  
  

Core Responsibilities

• Source, analyze, execute and monitor private credit fund and co-investment opportunities
• Build and manage a portfolio of private credit fund and co-investments across direct lending, distressed debt, specialty finance, and structured credit opportunities
• Conduct comprehensive due diligence, including financial modeling, stress testing, and scenario analysis
• Prepare detailed investment memoranda and present investment recommendations to investment committees
• Structure and negotiate investment terms, working closely with legal and risk management teams
• Perform in-depth credit analysis to evaluate borrower / portfolio creditworthiness, capital structure, and risk mitigation strategies
• Apply sophisticated risk assessment methodologies to quantify and manage credit, market, and liquidity risks
• Monitor portfolio performance, risk exposures, and covenant compliance to optimize investment outcomes
• Identify potential issues early and develop appropriate workout strategies for challenged investments
• Maintain deep understanding of evolving regulatory frameworks impacting private credit investments
  
  
  

People & Leadership Responsibilities

• Collaborate effectively with other investment teams across asset classes to develop integrated investment theses
• Mentor junior team members and contribute to knowledge sharing across the organization
• Work closely with legal, risk, compliance, and operations teams to ensure robust investment processes
• Support the development of UAE National talent in line with EIA's Emiratization objectives
• Represent EIA professionally in external forums and investment discussions
  
  
  

Requirements

Education & Qualifications

• Bachelor's degree in Finance, Economics, Business, or related field; advanced degree (MBA, CFA) preferred
  
  
  

Experience Requirements

• 7-10 years of relevant experience in private credit / private equity manager selection, potentially coupled with prior leveraged finance / investment banking background
• Demonstrated track record of successful private credit / private equity fund investing / manager selection and/or co-investments at an endowment / consultant / family office / HNWI / private banking
• Experience in preparing comprehensive investment memoranda and conducting financial analysis, investment due diligence, and credit structuring
• Ability to work under pressure in a small team with a broad investment mandate and a challenging performance benchmark
  
  
  

Technical Expertise / Skills / Knowledge

• Investment Strategy: Advanced expertise in developing and implementing private credit investment strategies
• Financial Analysis & Modeling: Expert ability to build comprehensive financial models for complex credit investments
• Credit Assessment: Strong understanding of credit fundamentals, capital structures, and covenant analysis
• Risk Assessment & Analysis: Advanced capabilities in identifying, analyzing, and mitigating investment risks
• Portfolio Construction: Skill in building diversified credit portfolios with appropriate risk/return profiles
• Market Knowledge: In-depth understanding of private credit markets, including direct lending, distressed debt, and structured products
  
  
  

External Interfaces

• Borrowers and Issuers
• Fund Managers
• Financial Advisors and Investment Banks
• Legal and Due Diligence Advisors
• Industry Peers and Associations
• Regulatory Bodies (as needed)
  
  
  

Management Accountability

• Strategic Alignment
• Portfolio Stewardship