Associate, Private Debt

Audax Group • New York, NY

9h • $110,000 - $150,000 • Hybrid

About The Position

The Associate will serve as an integral member of the Audax Private Debt investment team, supporting the underwriting of new first lien senior secured loan investments and the ongoing monitoring of portfolio companies across Audax Private Debt portfolios. This role offers broad exposure to the entire investment lifecycle, including transaction evaluation, due diligence, financial modeling, deal execution, portfolio management, and investment committee processes. This position provides a unique opportunity to join a highly collaborative and entrepreneurial team while developing expertise across credit investing, financial analysis, industry research, risk assessment, debt financing, and portfolio management.

Requirements

• Bachelor’s degree required.
• 2 - 4 years of experience in investment banking, direct lending, private credit, structured credit, leveraged finance, or a related field.
• Experience developing and utilizing detailed financial models.
• LBO/ sponsor transaction exposure
• Strong analytical, quantitative, and problem-solving skills.
• Ability to assess the credit quality and risk profile of potential investments.
• Excellent written and verbal communication skills, including presentation experience.
• Strong work ethic and demonstrated desire to learn and develop professionally.
• Ability to thrive in a collaborative, team-oriented environment.
• Strong academic record.

Nice To Haves

• Experience analyzing leveraged transactions and corporate credit risk preferred.
• Experience with credit committee exposure and investment memo preparation preferred.

Responsibilities

• Analyze and evaluate investment opportunities supporting sponsor-backed leveraged buyout transactions.
• Conduct detailed industry, market, customer, and competitive analyses to assess investment opportunities.
• Build, review, and maintain complex financial models, including forecasting, leverage, liquidity, and downside analyses.
• Evaluate alternative capital structures and investment terms to determine appropriate risk-adjusted returns.
• Participate in all stages of transaction execution from initial screening through closing.
• Prepare investment memoranda, presentations, and supporting materials for investment committee review.
• Clearly communicate investment recommendations and credit views through written analyses and verbal presentations.
• Monitor a portfolio of existing investments, including financial performance, compliance, ratings activity, amendments, waivers, and market developments.
• Analyze amendment requests, refinancing opportunities, add-on investments, and secondary market opportunities.
• Monitor industry trends and market developments that could affect portfolio performance.

Benefits

• health insurance
• life insurance
• disability insurance
• paid time off (including sick leave, parental leave, volunteer leave, and vacation)
• charitable donation match
• family support services (including Bright Horizons and Benefit Advocate Center)
• 401(k)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level