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

JPMorganChase; New York (NY); On-site; USD 150,000 - 190,000; Full time

Job summary

JPMorganChase in New York seeks a senior private credit investment professional to lead sourcing, underwriting and execution of North America secondaries and co-investments. You will partner with portfolio managers, legal, tax, risk, and operations to scale a growing private credit platform.

This role emphasizes transaction leadership, diligence planning, communication to senior committees, and developing scalable underwriting processes while mentoring junior team members.

Qualifications

• 8+ years of relevant work experience in private credit and/or related credit investing/transactions.
• Strong underwriting background across corporate/structured credit with covenants and protections.
• Ability to drive complex, time-sensitive processes with multiple internal and external stakeholders.
• Excellent written and oral communication, and the ability to present to senior committees.
• Commercial mindset with strong judgment and relationship skills; capable of engaging with GPs and partners.
• Highly organized, detail-oriented and able to operate independently in a fast-paced environment.

Responsibilities

• Source, evaluate, and execute private credit secondaries (GP-led and LP-led) and co-investments across North America.
• Lead end-to-end transaction execution, including diligence planning, coordination, negotiation support, and closing.
• Conduct detailed trade- and fund-level diligence, including risk, covenants, leverage, and downside scenarios.
• Prepare investment materials and communicate key risks/decisions to senior stakeholders and committees.
• Partner with portfolio managers on construction considerations and post-close monitoring.
• Help build scalable underwriting frameworks and playbooks as the strategy grows.
• Engage with Client Advisor and Consultant Advisor teams and participate in select client discussions.
• Mentor and develop junior team members through deal leadership and best-practice sharing.

Skills

8+ yrs experience

Underwriting

Stakeholder management

Communication skills

Commercial mindset

Organization

Education

Bachelor's degree

Job description

JOB 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.

Within Global Alternative Investment Solutions (GAIS), our Private Credit Solutions platform brings a long-tenured, multi-manager approach to private credit investing, with $47bn of capital committed, a team of 24 investment professionals, and deep market connectivity through 150+ private credit GP relationships and 80+ LP investments since inception, reflecting 18+ years of dedicated multi-manager private credit investing.

Job Summary

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.

Your Responsibilities Will Include

• 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

Required Qualifications, Capabilities, And Skills

• 8+ years of relevant work experience in private credit and/or related credit investing/transactions, with demonstrated ownership of transaction workstreams
• 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, counterparties, 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

Preferred Qualifications, Capabilities, And Skills

• 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

About Us

JPMorganChase, 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 incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success.

We are an equal opportunity employer and place a high value on diversity and inclusion at our company.

We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law.

We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About The Team

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.