Senior Associate, Private Credit

Our Private Credit Team team is seeking a Senior Associate to help drive performance across our private credit strategies. This role is focused on conducting deep credit analysis, structuring and underwriting private credit investments, and supporting portfolio management decisions. The Senior Associate will be responsible for evaluating investment opportunities, performing due diligence, monitoring portfolio companies, and assessing relative value across sectors and structures.

• Act as a deal team member in the 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 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

• 1-4 years of underwriting experience with a strong credit discipline
• Strong team first mind set and ability to work within a large organization in a fast paced environment
• Excellent quantitative, communication, and time management skills
• BA/BS degree required
• Position may be filled in either Jersey City, NJ or Chicago, Illinois

Principles based, performance oriented.

We invest in our people the same way we invest in our strategies: deeply, deliberately, and for the long term. As a private partnership, we answer to our clients and to each other. That creates an environment where responsibility is clear, good ideas are taken seriously, and people have the opportunity to shape what gets built and how.

You’ll work alongside colleagues who expect a lot of themselves and each other, with access to leaders who are invested in your development. You’ll have the opportunity to deepen your expertise, broaden your experience, and build a career shaped by your strengths and ambitions.

Our principles-based, performance-oriented culture is grounded in four values: Excellence, Responsibility, Transparency, and Collaboration. They guide how we make decisions, work together, and serve our clients.

Lord Abbett has been recognized by Pensions & Investments as one of the Best Places to Work in Money Management for six consecutive years.

Compensation Information: Annual base salary for this role is $170,000-$190,000. Salary is estimated for this role. Actual pay may be different.

Discretionary Bonus: Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance. 

Benefits: Lord Abbett is committed to offering a competitive total rewards package to all eligible employees. Offerings include competitive total compensation, retirement plans, competitive health and well-being plans. To learn more about what we offer, please visit Careers | Lord Abbett

Lord Abbett is an equal employment opportunity employer. We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law. All employment decisions at Lord Abbett are based solely on the applicant’s relevant experience, skills and qualifications.

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Without prior written agreement, Lord Abbett does not accept unsolicited submissions from employment agencies, search firms, placement services, or any similar provider (“Search Firms”) for employment opportunities. All candidates submitted by Search Firms to any employee or partner at our company without a written Search Firm agreement in place will be deemed the sole property of our company. In such circumstances, no fee, commission, or other compensation will be paid to such Search Firm in the event a candidate is hired by our company. To the extent a Search Firm has a written agreement in place, all introductions are position specific and should be directed to HR or the hiring manager, so we kindly request no unsolicited phone calls or emails.