Asset Management Associate - Private Credit and Asset-based Lending

Arena Investors I Quaestor Advisors; New York (NY); On-site; USD 90,000 - 150,000; Full time

Benefits offered by this job

Health Care Plan

Retirement Plan (401k)

Life Insurance

Paid Time Off

Family Leave

Disability Insurance

Training & Development

Free Food & Snacks

Wellness Resources

Job summary

Arena Investors, LP and Quaestor Advisors, LLC seek an Associate to support private credit and asset-based lending efforts. You will monitor portfolios, re-underwrite opportunities, and assist in valuations while building robust financial models and dashboards.

You will collaborate across legal, valuation, and accounting teams, prepare memoranda, and help tighten processes with new AI-driven tools. MBA/CFA a plus; 2–5 years experience preferred.

Qualifications

• 2-5 years of related experience in private credit, direct lending, asset-based financing, leveraged finance, credit risk, or a related discipline desired.
• MBA or CFA a plus
• Strong quantitative and qualitative analytical skills
• Strong financial modeling skills and the ability to think flexibly across a variety of credit situations; effective multi-tasker
• Undergraduate degree from a top institution a plus, with a record of academic achievement
• Experience in a formal bank credit training program or top sell-side bank analyst program a plus
• Excellent oral and written communication skills
• Collaborative team player who works effectively across internal groups, including legal, valuation, and accounting

Responsibilities

• Monitor an assigned portfolio of private credit and asset-based investments, reviewing financials and tracking covenant and loan compliance
• Assist in underwriting new investment opportunities and re-underwriting existing portfolio companies to evaluate ongoing credit quality
• Conduct quarterly valuations and mark-to-market analysis to support fair value determinations and investor reporting
• Build and maintain financial models, including cash flow projections, covenant sensitivity, duration and IRR analysis
• Analyze borrower cash flows, collateral coverage, deal structure, and sector trends to assess credit quality
• Prepare portfolio monitoring reports, KPI dashboards, and performance updates for management and investment committees
• Support implementation of dashboards, reporting tools, and AI-driven process improvements
• Support structuring and closing of amendments, add-on financings, and waivers alongside deal team members
• Draft investment committee memoranda on new investments, account amendments, and renewals
• Coordinate with legal, valuation, and accounting advisors on diligence and documentation
• Communicate with portfolio company management and sponsors, including lender calls and board meetings
• Track market and industry trends across assigned sectors and portfolio companies
• Assist in documenting process frameworks and file maintenance protocols; lead ad hoc portfolio projects

Skills

Analytical skills

Financial modeling

Communication skills

Collaboration

Multi-tasking

Education

MBA or CFA

Undergraduate degree

Tools

Excel

Job description

Arena Investors, LP (“Arena”) is a global investment management firm that seeks to generate attractive risk adjusted, consistent and uncorrelated returns by employing a fundamentals based, asset-oriented financing and investing strategy across the entire credit spectrum in areas where conventional sources of capital are scarce. Arena specializes in off-the-run, stressed, distressed, illiquid and esoteric special situation transactions through originations and acquisitions of asset-oriented investments across a wide array of asset types (including but not limited to private direct corporate credit, commercial real estate bridge lending, and commercial and consumer assets).

Quaestor Advisors, LLC (“Quaestor”) is an affiliated Special Servicer, which provides mid and back office services, including asset management, to Arena Investors and external clients.

Quaestor is expanding its Portfolio & Asset Management team through the addition of an Associate focused on private credit and asset-based lending. This individual will support senior team members and report to the Senior Vice President of Asset Management. Primary responsibilities include portfolio monitoring, valuation, covenant compliance, and maximizing returns across a diversified private credit portfolio. Ideal candidates are organized, self-motivated, resourceful, and able to collaborate effectively across all internal groups.

Responsibilities:

• Monitor an assigned portfolio of private credit and asset-based investments, reviewing financials and tracking covenant and loan compliance
• Assist in underwriting new investment opportunities and re-underwriting existing portfolio companies to evaluate ongoing credit quality
• Conduct quarterly valuations and mark-to-market analysis to support fair value determinations and investor reporting
• Build and maintain financial models, including cash flow projections, covenant sensitivity, duration and IRR analysis
• Analyze borrower cash flows, collateral coverage, deal structure, and sector trends to assess credit quality
• Prepare portfolio monitoring reports, KPI dashboards, and performance updates for management and investment committees
• Support implementation of dashboards, reporting tools, and AI-driven process improvements
• Support structuring and closing of amendments, add-on financings, and waivers alongside deal team members
• Draft investment committee memoranda on new investments, account amendments, and renewals
• Coordinate with legal, valuation, and accounting advisors on diligence and documentation
• Communicate with portfolio company management and sponsors, including lender calls and board meetings
• Track market and industry trends across assigned sectors and portfolio companies
• Assist in documenting process frameworks and file maintenance protocols; lead ad hoc portfolio projects

The ideal candidate thrives in a fast-paced, performance-driven environment, thinking broadly about the business while continuously improving processes and procedures with a focus on accuracy and efficiency.

Requirements:

• 2-5 years of related experience in private credit, direct lending, asset-based financing, leveraged finance, credit risk, or a related discipline desired
• MBA or CFA a plus
• Strong quantitative and qualitative analytical skills
• Strong financial modeling skills and the ability to think flexibly across a variety of credit situations; effective multi-tasker
• Undergraduate degree from a top institution a plus, with a record of academic achievement
• Experience in a formal bank credit training program or top sell-side bank analyst program a plus
• Excellent oral and written communication skills
• Collaborative team player who works effectively across internal groups, including legal, valuation, and accounting

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k)
• Life Insurance (Basic, Voluntary & AD&D)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Family Leave (Maternity, Paternity)
• Short Term & Long Term Disability
• Training & Development
• Free Food & Snacks
• Wellness Resources