Private Credit Associate Jobs
Private credit associate jobs are open from analyst to senior associate and VP level across asset managers, credit funds, BDCs, and investment banks, with specializations in direct lending, distressed debt, and mezzanine finance. Scan the live roles below and apply to whichever ones fit.
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Chicago, United States
Hybrid
Job ID:
22661
Date posted:
November 12 2026
Category:
Private Equity
Job Level:
Senior Officer
Build something lasting in Private Equity.
Be part of a culture where teamwork is celebrated, hard work rewarded and our expertise in fund services is renowned. You'll develop a distinct competitive advantage in your field, backed by sector specialists and best-in-class systems. Build the career you choose, empowered by unparalleled resources, innovation and growth opportunities.
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- Market Insights
Success Profile
What makes a successful member of our team? Check out these top traits we're looking for and see if you have the right mix.
- Analytical
- Collaborative
- Digitally savvy
- Efficient
- Focused
- Client-driven
Senior Fund Accountant, Private Credit
ABOUT US:
As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.
With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.
Find out more about life at Alter Domus at careers.alterdomus.com
JOB DESCRIPTION:
- Leverage prior job experience (preferably Big 4 and/or relevant industry experience);
- Broaden accounting, finance and analytical skills;
- Supervise and mentor a team of Associate Fund Accountants and Fund Accountants, as well as train new employees;
- Administer, report, review, and understand industry standards;
- Respond to auditor queries;
- Increase communication/interaction with clients and their investors. Prepare/review monthly, quarterly and annual reports for investors, consultants and other stakeholders including financial information, performance returns, operations and variance analysis;
- Calculate and review various performance returns;
- Support and coordinate cash distributions on behalf of clients;
- Prepare, review, analyze and interpret accounting records, financial statements, footnotes or other financial report to assess accuracy, completeness, and conformance to reporting and procedural standards for audit reports;
- Develop leadership skills by demonstrating a willingness to lead projects and offer input; and
- Review documents to ensure compliance with client agreement(s).
YOUR PROFILE:
- Bachelor’s degree in Accounting (or related field);
- 3+ years of finance or accounting experience;
- Experience working with Close End Funds, Private Equity, PERE, CMBS preferred
- In-depth understanding of investments within assigned fund(s);
- Broad market knowledge;
- Strong communication and analytical skills; and
- CPA or CPA eligibility a plus.
#LI-HYBRID #LI-JR1
Salary range depending on location and experience: $60,00-$90,000
WHAT WE OFFER:
We are committed to supporting your development, advancing your career, and providing benefits that matter to you.
Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.
Our global benefits also include:
- Support for professional accreditations
- Flexible arrangements, generous holidays, plus an additional day off for your birthday!
- Continuous mentoring along your career progression
- Active sports, events and social committees across our offices
- 24/7 support available from our Employee Assistance Program
- The opportunity to invest in our growth and success through our Employee Share Plan
- Plus additional local benefits depending on your location
Alter Domus is an Equal Opportunity Employer: Equity Statement
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)
#LI-HYBRID
Private Credit Associate Jobs by Experience Level
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Who's Hiring



Top Industries Hiring
- Banking & Financial Services
- Investment & Asset Management
What Employers Look For
The qualifications that appear most often in private credit associate jobs.
- Bachelor's degree in finance, economics, or accounting from an accredited institution
- One to four years of experience in investment banking, leveraged finance, or credit analysis
- Proficiency in financial modeling including LBO, debt capacity, and covenant analysis
- Strong written communication skills for credit memos and investment committee presentations
- Experience with Bloomberg, FactSet, or similar market data and research platforms
- CFA designation or progress toward it is preferred but not universally required
Tips for Your Private Credit Associate Job Search
Tailor your resume to the deal
Private credit hiring teams want to see deal exposure, not just job titles. Quantify the number of transactions you supported, the capital deployed, and whether you led credit memos or modeled covenants. Generic finance resumes get screened out fast.
Highlight credit modeling over equity modeling
Many candidates come from investment banking or private equity and lead with DCF and LBO experience. Reframe your materials around debt capacity analysis, downside scenarios, and covenant structuring, since those are the specific skills private credit teams test.
Apply early to roles that fit
Migrate Mate lists private credit associate openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Target funds by their strategy not size
Direct lending, special situations, and opportunistic credit funds hire for different skill sets. Research each fund's portfolio before applying so your cover letter references deal types they actually close, not just the asset class broadly.
Prepare for a live modeling test
Most associate interviews include a timed credit model, often a leveraged buyout credit assessment or a debt sizing exercise. Practice building a sources-and-uses table and a coverage waterfall from scratch under time pressure, not just from templates.
Negotiate comp using total carry context
Base salary comparisons across private credit funds miss the point if you ignore carried interest structures. Before accepting an offer, ask how carry is allocated at the associate level and what the vesting schedule looks like, since those terms vary widely.
Private Credit Associate Jobs: Frequently Asked Questions
Which companies are hiring the most private credit associates?
The most active employers for private credit associates right now are State Street, Libertas Funding, and JPMorganChase, and the most openings are in New York, Massachusetts, and Florida, based on current listings on Migrate Mate as of November 2026. Demand is concentrated at credit-focused asset managers, business development companies, and large alternative investment platforms.
How many private credit associate jobs are remote?
About 92% of private credit associate openings are fully remote or hybrid as of November 2026, with on-site roles still dominant given the deal-intensive nature of the work. Portfolio monitoring and research functions within the role tend to offer more flexibility than origination or structuring responsibilities.
How do you become a private credit associate?
Most private credit associates start in investment banking, leveraged finance, or credit research before moving into fund roles. Building fluency in debt structuring, credit agreement analysis, and downside modeling is essential. Networking with professionals at direct lending and special situations funds accelerates the transition, since many roles fill through referrals before they post publicly.
Can you get a private credit associate job with little experience?
Some funds hire candidates directly from undergraduate programs if they completed a relevant internship in leveraged finance, credit analysis, or commercial banking. Demonstrating a working credit model, familiarity with debt documentation, and an understanding of credit metrics like interest coverage and leverage ratios can offset limited full-time experience at smaller or emerging managers.
What does the private credit associate interview process look like?
The process typically starts with a recruiter screen, followed by one or two rounds of interviews covering your deal experience and technical knowledge of credit structures. Most funds then assign a case study or timed modeling test requiring you to size debt, assess downside risk, and write up an investment recommendation. Final rounds often include a conversation with a senior portfolio manager or partner.
Where can I find and apply to private credit associate jobs?
You can find and apply to private credit associate jobs on Migrate Mate, which lists current openings from across the United States. Search the roles available, find the ones that match your background and target fund type, and apply directly to each listing that fits.
See All 70 Private Credit Associate Jobs
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