Investment Associate - Private Debt & Equity

Northwestern Mutual; Milwaukee (WI); On-site; USD 60,000 - 80,000; Full time

Job summary

Northwestern Mutual in Milwaukee is seeking a Pre-MBA NMC Associate to engage with private equity partners and develop analytical skills in a dynamic deal team environment.

Responsibilities include analyzing investments, developing investment theses, and building relationships with key stakeholders. Ideal candidates will have a degree in finance or a related field and relevant experience in investment banking or private equity.

The role emphasizes fairness and transparency in compensation, with a targeted start date of 2026.

Qualifications

• Two to four years of relevant experience in investment banking, equity research, private equity, or corporate development.
• A broad knowledge of investments and economic forces affecting industries.
• Strong interpersonal skills, including written and oral communication.

Responsibilities

• Analyze and evaluate private equity and private credit investments.
• Develop investment theses.
• Perform detailed financial analysis and modeling.
• Assist in writing investment memos and presentations.
• Cultivate relationships with stakeholders.
• Monitor portfolio performance.

Skills

Financial analysis

Investment evaluation

Interpersonal communication

Computer modeling

Education

Four-year undergraduate degree in finance, accounting, economics, or mathematics

Job description

Northwestern Mutual Capital is a leading player in the investment‑grade privately placed debt market and manages approximately $65B in assets under management. The Pre‑MBA NMC Associate position provides an opportunity to engage with private equity partners, develop analytical skills, and succeed in a high‑volume, lean deal team environment.

Associate Responsibilities

• Analyze and evaluate private equity and private credit investments across a wide range of industries.
• Develop investment theses.
• Perform detailed financial analysis and modeling.
• Assist in the writing of investment memos and present opportunities during investment committee discussions.
• Cultivate relationships with internal and external stakeholders, including senior level executives, legal counsels, investment bankers, and private equity sponsors.
• Actively monitor portfolio performance.

Qualifications

• Four‑year undergraduate degree in finance, accounting, economics, or mathematics and a track record of academic excellence.
• Two‑to‑four years of relevant experience: investment banking, equity research, private equity, or corporate development.
• A broad knowledge of investments, an understanding of economic forces affecting a wide range of industries, proficiency in accounting, strong computer modeling skills, and intellectual curiosity.
• Strong interpersonal skills, including written and oral communication and relationship building.

Please note, this opening is for a targeted 2026 start date.

Compensation

We believe in fairness and transparency. Final salaries are based on a number of factors, including the skills and experience of the candidate, the current market, and the location of the candidate.

Equal Opportunity Employer

Northwestern Mutual is an equal‑opportunity employer that welcomes and encourages diversity in the workforce.