Private Credit Fund Management Associate - Alt Asset Manager in Midtown

Daley And Associates, LLC; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

A leading asset manager based in New York is seeking a Private Credit Fund Management Associate to oversee fund operations and manage loan allocations across private credit investments. The ideal candidate has 2-4 years of relevant experience, a strong understanding of credit markets, and excellent communication skills. Responsibilities include leading investment allocation, communicating updates to finance teams, and ensuring accurate data management. Interested candidates should apply by sending their resume to the provided email.

Qualifications

• Minimum of 2–4 years of relevant work experience in private credit.
• Strong understanding of credit and financial markets, focusing on private credit in fund structures.
• Experience coordinating with FP&A, treasury, and management.

Responsibilities

• Lead the allocation of new investment allocations across the Private Credit Group’s BDCs and Funds.
• Oversee cash management of funds alongside key Treasury individuals.
• Lead the communication of pipeline and fund updates to the finance FP&A team.
• Identify Fund optimization initiatives.
• Ensure all required deliverables for reporting and analytics are produced.
• Identify fund optimization initiatives.
• Ensure reporting and analytics deliverables are produced by the deal team.
• Partner with data governance to ensure accurate issuer and asset-level data in internal systems.
• Represent the business in new fund onboarding.

Skills

Strong understanding of private credit investment strategies

Knowledge of fund structures

Excellent communication skills

Analytical skills

Data governance

Job description

Private Credit Fund Management Associate - Alt Asset Manager in Midtown

Our client, a leading asset manager with $150B AUM, is looking to add a Fund Management Senior Associate to support their Private Credit group. This person will serve as the point person for loan allocations, fund operations, and process management, and will help scale the group's BDCs, Funds, and SPVs. This person will work cross‑functionally across the firm and face off with senior management.

The candidate should have a strong understanding of private credit investment strategies and fund structures.

Responsibilities:

• Lead the allocation of new investment allocations across the Private Credit Group’s BDCs, Funds, Separately Managed Accounts, and Special Purpose Vehicles, ensuring portfolio objectives are met.
• Oversee cash management of funds alongside key Treasury individuals.
• Lead the communication of pipeline and fund updates to the finance FP&A team, providing seamless delivery of updates to PMs and Management.
• Work with FP&A and treasury teams to communicate key Fund actions such as capital calls, distributions, and financing facility size amendments.
• Oversee pre‑trade loan execution to ensure loans are booked and allocated as intended.
• Identify Fund optimization initiatives.
• Ensure all required deliverables for reporting and analytics are produced by the deal team.
• Partner with internal stakeholders, including the data governance team, to ensure accurate and complete issuer and asset‑level data is captured in internal systems.
• Represent the business in new fund onboarding.

Requirements:

• Minimum of 2‑4 years of relevant work experience in private credit.
• Strong understanding of credit and financial markets, focusing on private credit in fund structures, fund operations, leverage facilities, and investments.

If you are interested in the role, please apply directly or send a copy of your resume to Cassidy Sullivan at [e-mail]!