Senior Associate

Transitions 1-2-3, Inc.; New York (NY); On-site; USD 120,000 - 230,000; Full time

Job summary

Transitions 1-2-3, Inc. seeks a Senior Associate to join its Investment Team in New York, acting as the de facto deal quarterback responsible for underwriting, diligence, structuring, and execution across private credit and/or private equity.

The ideal candidate will manage end-to-end investment processes, coordinate with senior deal team members, and contribute to portfolio company monitoring, lender relationships, and board materials.

Qualifications

• 2–4 years of relevant private credit or private equity investing experience.
• Experience managing end-to-end investment processes and deals.
• Strong analytical, underwriting, and valuation skills.
• Proven ability to lead transactions independently with senior team collaboration.
• Strong relationship-building and communication skills.
• Entrepreneurial mindset and drive for firm growth.

Responsibilities

• Investment execution responsibilities including underwriting, diligence, structuring, and execution.
• Lead underwriting of new investment opportunities with detailed financial modeling and risk assessment.
• Manage full diligence post-LOI with sponsor/management meetings and data room reviews.
• Develop IC memos and drive discussions around diligence takeaways.
• Manage lender partner relationships and club deals.
• Monitor portfolio company performance; create dashboards for quarterly reviews and LPAC.
• Partner with management and attend board meetings as needed.
• Support amendments, refinancings, and value-add initiatives.
• Contribute to non-deal firm initiatives (internship program, fundraising materials, social media).

Skills

Underwriting

Financial modeling

End-to-end deals

Relationship building

Communication skills

Entrepreneurial mindset

Job description

My client is seeking a Senior Associate to join their Investment Team in New York. The Senior Associate will have opportunity to be de facto deal quarterback, responsible for driving underwriting, diligence, structuring, and execution efforts. The ideal candidate will bring direct experience investing across private credit and/or private equity, a proven ability to manage transactions end-to-end from preliminary IC to investment closing.

Key Responsibilities

• Investment Execution (70%)


• Lead underwriting of new investment opportunities, including detailed financial modeling, risk assessment, and valuation


• Manage the full diligence process post-LOI: sponsor and management meetings, third-party expert calls, data room reviews, creative desktop research, and reference calls with additional investors who have relevant investment experience


• Develop and present high-quality Investment Committee memos, own key recommendations and drive IC discussions around diligence takeaways


• Manage lender partner relationships (e.g. club deals or first out partners).


• Actively monitor financial and operating performance of portfolio companies, leading creation of dashboards and materials for quarterly portfolio review, valuation, and LPAC meetings


• Partner with management teams and board members; attend board meetings as needed


• Help strategize and prepare amendments, refinancings, and value-add initiatives


• Take ownership in non-deal firm initiatives (e.g., internship program, fundraising materials, social media strategy)

Qualifications

• Two to four years of relevant experience in private credit and/or private equity investing


• Track record of managing end-to-end investment processes, including deals successfully closed


• Deep analytical and underwriting skills with demonstrated investment judgment


• Proven ability to lead transactions independently, while collaborating effectively with senior deal team members


• Excellent relationship-building and communication skills, both internally and externally


• Entrepreneurial mindset with a desire to contribute to firm growth and culture