Private Credit Associate - Hedge Fund

Metis Search; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

Metis Search is seeking a finance professional to underwrite middle-market direct lending opportunities in New York. You will assess business quality, cash flow, leverage and downside risk to support investment decisions.

You will build and review financial models, including operating forecasts, debt capacity, sensitivities and returns analysis, and prepare memoranda for Investment Committee materials.

Qualifications

• 2–5 years of experience in private credit, leveraged finance, investment banking, or related role.
• Strong financial statements understanding and credit analysis.
• Experience with leveraged or sponsor-backed middle-market transactions preferred.

Responsibilities

• Underwrite middle-market direct lending opportunities, assessing business quality, cash flow, leverage, and downside risk.
• Build and review financial models, including operating forecasts, debt capacity, sensitivities, and returns analysis.
• Conduct due diligence on companies, industries, management, and sponsors; develop investment recommendations.
• Prepare investment memoranda and support transaction execution, including structuring, documentation, and materials for Investment Committee.
• Monitor portfolio companies, track performance and covenant compliance, and assist ongoing portfolio management.

Skills

Financial modelling

Analytical skills

Communication skills

Attention to detail

Commercial judgment

Ability to work in fast-paced env

Job description

Candidate Responsibilities

• Underwrite middle-market direct lending opportunities, assessing business quality, cash flow, leverage, and downside risk.
• Build and review financial models, including operating forecasts, debt capacity, sensitivities, and returns analysis.
• Conduct company, industry, management, and sponsor due diligence and develop clear investment recommendations.
• Prepare investment memoranda and support transaction execution, including structuring, documentation, and Investment Committee materials.
• Monitor portfolio companies, track financial performance and covenant compliance, and support ongoing portfolio management.

Key Requirements

• 2–5 years of experience in private credit, leveraged finance, investment banking, or a related investment role.
• Strong financial modelling and analytical skills, with a solid understanding of financial statements and credit analysis.
• Experience with leveraged, sponsor-backed, or middle-market transactions preferred.
• Strong understanding of debt structures, covenants, credit documentation, and downside protection.
• Excellent communication skills, attention to detail, commercial judgment, and ability to work effectively in a fast-paced investment environment.