Private Credit Senior Associate: Underwriting & Analysis

Lord Abbett; Chicago (IL); On-site; USD 170,000 - 190,000; Full time

Job summary

Lord Abbett is seeking a Senior Associate for our Private Credit Team in Chicago or Jersey City. The role emphasizes deep credit analysis, structuring and underwriting private credit investments, and supporting portfolio management decisions.

You will evaluate opportunities, perform due diligence, monitor portfolio companies, and compare value across sectors and structures, contributing to a fast-paced deal environment.

Qualifications

• 1-4 years of underwriting experience with a strong credit discipline.
• Strong team first mindset and ability to work within a large organization in a fast-paced environment.
• Excellent quantitative, communication, and time management skills.

Responsibilities

• Act as a deal team member in underwriting potential private credit transactions including diligence and credit memo preparation
• Analyze historical financial statements, company KPIs, comparable company information/precedent transactions, identify and review industry reports to assist deal teams’ analysis of investment opportunities.
• Perform base case and downside case 3-statement modeling in support of investment recommendations and portfolio management
• Coordinate analysis with our loan only/private credit analysts to provide industry and market context for each transaction
• Help support the broader private credit business as we grow including portfolio management, structuring and capital markets activities
• Be able to effectively work in a small deal team setting with a collaborative mindset while managing multiple deal processes at the same time
• Analyze credit documents such as loan agreements, amendments, and security agreements

Skills

Underwriting

Credit analysis

Team player

Quantitative skills

Communication

Time management

Education

BA/BS degree

Job description

Lord Abbett is seeking a Senior Associate for our Private Credit Team in Chicago or Jersey City. The role emphasizes deep credit analysis, structuring and underwriting private credit investments, and supporting portfolio management decisions.

You will evaluate opportunities, perform due diligence, monitor portfolio companies, and compare value across sectors and structures, contributing to a fast-paced deal environment.