Director, Asset-Based Finance – Investment Grade Private Credit
Leading Alternative Asset Manager | New York
A globally recognized alternative asset manager with a scaled private credit platform and a dedicated investment grade structured credit strategy. The firm manages capital on behalf of insurance companies, pension funds, and other long-duration institutional investors, with a strong emphasis on credit quality, regulatory alignment, and capital efficiency.
The firm is seeking a Director to join its Asset-Based Finance team within the investment grade private credit platform. This is an execution-focused role – the team sources opportunities through established originator and counterparty relationships, and this individual will own structuring, underwriting, and ongoing portfolio management across a broad set of asset types and industries.
Responsibilities
- Lead due diligence and credit underwriting for private structured credit transactions across consumer and commercial ABF, mortgage, CRE, fund finance, CLOs, ABS, and esoteric asset classes
- Build and review cash flow models and structured finance analytics; conduct relative value analysis across structures and asset classes
- Review and negotiate legal documentation and deal structures
- Prepare investment committee memos and present recommendations to senior leadership
- Oversee portfolio monitoring, covenant compliance, and risk management for existing positions
- Ensure investments align with credit policy, regulatory capital requirements, and ALM objectives
- Partner cross-functionally with credit, legal, risk, and capital management teams to develop and execute financing solutions
- Maintain and grow relationships with external counterparties to support deal execution
Candidate Profile
- 8+ years in asset-backed finance, structured credit, or private credit, with a strong execution and structuring focus
- Demonstrated experience structuring private ABF investments for insurance general accounts or other long-duration capital
- Deep expertise in cash flow modeling, structured finance analytics, and credit documentation
- Solid understanding of insurance regulatory capital, ratings considerations, and ALM principles
- Experience at an insurance-owned asset manager, insurer investment team, or structured credit platform preferred
- Familiarity with both rated and unrated private ABF structures
- Bachelor’s in Finance, Economics, Engineering, or quantitative field; MBA and/or CFA a plus
