Analyst/Junior Associate - Opportunistic Credit

InforCapital, partnership; New York (NY); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Turning Rock Partners in New York City is seeking an Analyst/Junior Associate on the Opportunistic Credit team to perform deep fundamental credit analysis across multiple sectors. You will build and refine advanced financial models, prepare investment memos, and source new opportunities while evaluating offerings for portfolio construction.

You will assist senior team members on due diligence, review quality-of-earnings and legal diligence, structure terms, and engage with C-suite executives and

Qualifications

• 1-3 years of investment banking experience focused on leverage finance or restructuring.
• Strong financial modeling skills including operating models and debt waterfalls.
• Experience analyzing liquidity, covenants, downside scenarios, and recovery analyses.
• Ability to work independently and as part of a team with attention to detail.

Responsibilities

• Perform deep fundamental credit analysis across multiple industry verticals.
• Build and refine advanced financial models; prepare investment memos and presentations.
• Source and evaluate new investment opportunities for portfolio construction decisions.
• Assist with deal execution, due diligence workstreams, and coordination of third-party advisors.
• Review quality-of-earnings and legal diligence; help structure terms and transaction documents.
• Engage directly with C-suite executives, lenders, sponsors, and other market participants.

Skills

Financial modeling

Credit analysis

Leverage finance

Independent work

Team collaboration

Tools

Excel

PowerPoint

Job description

# Analyst/Junior Associate - Opportunistic CreditTurning Rock PartnersAssociatePrivate CreditFull-timeLocationNew York, United StatesDate PostedJuly 14, 2026Stay ahead of the marketGet instant notifications when new job openings matching "Private Credit / Associate jobs in New York, United States" are published.## About This RoleTurning Rock Partners is an opportunistic credit asset manager providing debt and structured equity solutions to capital-constrained middle-market businesses across North America. The firm focuses on value-oriented, opportunistic investments — corporate debt, structured equity, and special situations — in cash-flowing lower and middle-market companies, with an emphasis on downside protection.The Analyst/Junior Associate joining the Opportunistic Credit team will perform deep fundamental credit analysis across multiple industry verticals, assessing business models, financial performance, liquidity profiles, capital structures, covenant packages, and overall creditworthiness. Responsibilities include building and refining advanced financial models, preparing investment memos and presentations for internal and external stakeholders, and sourcing and evaluating new investment opportunities with well-supported recommendations that feed into portfolio construction decisions.The role also involves working alongside senior team members on deal execution — managing due diligence workstreams, coordinating third-party advisors, reviewing quality-of-earnings and legal diligence, structuring terms, and negotiating confidentiality agreements and other transaction documents. The Analyst/Junior Associate will engage directly with C-suite executives, lenders, sponsors, and other capital providers, representing the firm in meetings and strategic discussions, while also building relationships with management teams and industry experts to sharpen underwriting accuracy.Candidates should bring 1-3 years of experience in an investment banking program focused on leverage finance or restructuring; prior exposure to private credit or opportunistic credit investing is a plus. Strong financial modeling skills are required, including experience with operating models, debt waterfalls, covenant analysis, liquidity forecasts, downside scenarios, and recovery analyses, along with the ability to navigate complex debt and equity investment situations independently and as part of a team.Apply for this Position