Private Credit & Asset-Based Lending Associate

Arena Investors, LP; New York (NY); On-site; USD 130,000 - 210,000; Full time

Benefits offered by this job

Health Care Plan (Medical, Dental &amp

Retirement Plan (401k)

Life Insurance (Basic, Voluntary &

Paid Time Off (Vacation, Sick & P

Family Leave (Maternity, Paternity)

Short Term & Long Term Disability

Training & Development

Free Food & Snacks

Wellness Resources

Job summary

Arena Investors, LP is seeking an Associate for Quaestor Advisors' Portfolio & Asset Management team to focus on private credit and asset-based lending. You will monitor portfolios, assist in underwriting, and support valuation across diversified assets in a fast-paced environment.

Ideal candidates have 2–5 years in private credit or related fields; MBA/CFA a plus; strong modeling, analytics, and communication skills; collaborative team player able to partner with legal, valuation, and

Qualifications

• 2-5 years of related experience in private credit, direct lending, asset-based financing, or similar.
• MBA or CFA a plus.
• Strong quantitative and qualitative analytical skills.
• Excellent financial modeling skills and flexible credit reasoning.
• Undergraduate degree from a top institution is a plus.

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

Quantitative analysis

Financial modeling

Credit risk

Communication skills

Team collaboration

MBA/CFA a plus

Education

MBA or CFA

Undergraduate degree

Job description

Arena Investors, LP is seeking an Associate for Quaestor Advisors' Portfolio & Asset Management team to focus on private credit and asset-based lending. You will monitor portfolios, assist in underwriting, and support valuation across diversified assets in a fast-paced environment.

Ideal candidates have 2–5 years in private credit or related fields; MBA/CFA a plus; strong modeling, analytics, and communication skills; collaborative team player able to partner with legal, valuation, and