Manager, Private Credit
Connect Search, LLC, Chicago, IL, United States
About the Firm
A global institutional asset manager with a rapidly scaling US Private Credit platform backed by long-term insurance capital. The broader platform manages a substantial book globally and continues to expand across multiple private credit strategies.
About the Role This is a senior execution and underwriting leadership role within the US Private Credit platform, serving as a key lieutenant to the sector head. The individual will be responsible for driving end-to-end transaction execution, structuring, and credit decisioning across a diversified portfolio. You'll operate with a high degree of autonomy, take ownership of complex transactions, and play a critical role in building out a specialized vertical within the platform. This is a deal leadership seat — not support, not origination-only, and not a junior step-up.
Key Responsibilities Partner directly with the sector head to lead underwriting, structuring, and execution of private credit investments Take full ownership of transaction workstreams from evaluation and screening through structuring, negotiation, and close Drive investment committee process, including preparation and presentation of detailed credit memos Perform advanced credit underwriting including downside analysis, covenant structuring, and risk mitigation Lead review and negotiation of legal documentation with internal legal teams and external counsel Oversee and mentor junior team members on live deals and portfolio monitoring Collaborate with global colleagues and internal stakeholders across PMs, Ratings, and Legal Monitor portfolio investments including performance tracking, amendments, and approvals Contribute to strategy development and broader platform initiatives
Qualifications Significant experience in private credit, direct lending, or project finance/specialty lending at a bank Proven ability to lead transactions end-to-end, not just support them Deep experience in credit underwriting, deal structuring, and legal documentation and negotiation Demonstrated ability to manage deal processes and junior team members
Strongly Preferred Buy-side credit or insurance asset management experience Track record of leading complex, structured transactions Experience within investment-grade or structured credit frameworks
Compensation & Benefits Highly competitive base salary plus performance bonus aligned with Manager-level responsibility. Comprehensive benefits package.
About the Role This is a senior execution and underwriting leadership role within the US Private Credit platform, serving as a key lieutenant to the sector head. The individual will be responsible for driving end-to-end transaction execution, structuring, and credit decisioning across a diversified portfolio. You'll operate with a high degree of autonomy, take ownership of complex transactions, and play a critical role in building out a specialized vertical within the platform. This is a deal leadership seat — not support, not origination-only, and not a junior step-up.
Key Responsibilities Partner directly with the sector head to lead underwriting, structuring, and execution of private credit investments Take full ownership of transaction workstreams from evaluation and screening through structuring, negotiation, and close Drive investment committee process, including preparation and presentation of detailed credit memos Perform advanced credit underwriting including downside analysis, covenant structuring, and risk mitigation Lead review and negotiation of legal documentation with internal legal teams and external counsel Oversee and mentor junior team members on live deals and portfolio monitoring Collaborate with global colleagues and internal stakeholders across PMs, Ratings, and Legal Monitor portfolio investments including performance tracking, amendments, and approvals Contribute to strategy development and broader platform initiatives
Qualifications Significant experience in private credit, direct lending, or project finance/specialty lending at a bank Proven ability to lead transactions end-to-end, not just support them Deep experience in credit underwriting, deal structuring, and legal documentation and negotiation Demonstrated ability to manage deal processes and junior team members
Strongly Preferred Buy-side credit or insurance asset management experience Track record of leading complex, structured transactions Experience within investment-grade or structured credit frameworks
Compensation & Benefits Highly competitive base salary plus performance bonus aligned with Manager-level responsibility. Comprehensive benefits package.