Senior Private Credit Associate - Underwriting & Deals

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

Benefits offered by this job

Discretionary bonus

Competitive total rewards package

Retirement plans

Health & well-being programs

Job summary

Lord Abbett & Co. LLC is seeking a Senior Associate for its Private Credit Team. The role focuses on deep credit analysis, underwriting private credit investments, and supporting portfolio management decisions.

You will evaluate opportunities, perform due diligence, monitor portfolio companies, and assess value across sectors and structures. The position requires 1–4 years of underwriting experience with strong credit discipline and the ability to work within a fast-paced, large organization.

Qualifications

• 1–4 years of underwriting experience with a strong credit discipline.
• BA/BS degree required.
• Ability to work in a fast-paced, large organization.
• Excellent quantitative, communication, and time management skills.

Responsibilities

• Act as a deal team member in underwriting private credit transactions, including diligence and credit memo preparation.
• Analyze historical financial statements, 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 comp 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

Credit analysis

Financial modeling

Due diligence

Portfolio management

Team collaboration

Communication skills

Education

Bachelor's degree

Tools

Excel

Job description

Lord Abbett & Co. LLC is seeking a Senior Associate for its Private Credit Team. The role focuses on deep credit analysis, underwriting private credit investments, and supporting portfolio management decisions.

You will evaluate opportunities, perform due diligence, monitor portfolio companies, and assess value across sectors and structures. The position requires 1–4 years of underwriting experience with strong credit discipline and the ability to work within a fast-paced, large organization.